You are misinformed about the state of metro Denver real estate if you get all your information from headlines in the Denver Post. While their headlines have elements of truth, their negative tone consistently distorts underlying positive realities. It’s a big problem since the average newspaper reader will look at ten headlines but only read one article. When the headlines …
Metro Denver residential real estate trends in March 2017 stayed true to form … everything was UP. Do you own the average single family home? At $466,414, it’s was up over 8% from a year ago. Do you own the average multi-family property? It was up by more than 9.5% over March of last year at $313,419. Market activity continues to …
The first two months of 2017 saw an increase in home sales over the same period last year. The combined number of home sold in the January-February time frame is 4.42% higher than a year ago. We are also seeing home price appreciation beginning to moderate. The 12-month moving average appreciation rate shows a 9.48% increase over the last year, lower …
All quarterbacks call plays, receive the snap, hand-off to running backs, pass to receivers and run with the ball. Elite quarterbacks standout by doing these fundamentals more skillfully than their 3rd string counterparts. All cooks fry, bake, fricassee and sauté. Gourmet chefs produce epicurean delights by doing these things better than a short order cook working the graveyard shift at Denny’s. …
No surprise…..college education is expensive! Forbes reported in 2015 the average public college cost $28,000 per year and a private university runs almost $60k. If you have young kids who will be attending college ten to fifteen years in the future, even the public college option might be running $240,000 for a 4-year degree. SHOCKED?! Let’s look at a way …
January homes sales made a big leap from January of 2016. That was a bit surprising since 2016 was a record setting year for residential home sales. We had 3,019 homes change hands in the seven-county metro Denver market in January and that is an 8.32% increase from the number that sold in January last year. Here’s even better news: …
Are you retired or approaching retirement? Do you have parents or other loved ones in that stage of life? Either way, you’ll want to learn about reverse mortgages. A reverse mortgage may be a great way to contribute to a retirement strategy. Financial planners are increasingly recognizing reverse mortgages as legitimate tools for retirement planning. What is a reverse mortgage? (Note: …
Last year’s metro Denver residential real estate market had a “Play it again, Sam” kind of year. It was surprisingly like 2015 … and very much like 2014, for that matter. The last three years have been characterized by: • Home price appreciation near or above double digit rates • Record numbers of resale homes changing hands • Historically low levels …
