Temperatures rose predictably in late June as summer commenced but the metro Denver real estate market cooled a bit: Fewer homes closed. More homes were available for purchase. It’s true. The number of homes changing hands during June stood at 5,906, which is a 7.07% drop from the 6,335 that closed in June of 2015. …
What do consumers want from their real estate agent? What services do good agents provide that are under-utilized by consumers? In metro Denver, we don’t have to go far to find an expert on the subject. Steve Murray, President of Real Trends, Inc., is a nationally renowned expert on the residential real estate business and he is headquartered right here …
“May you live in interesting times.” The origin of the phrase is much disputed but there is wide agreement on its meaning. Disguised as a blessing, it’s actually a curse and roughly equivalent to “May you have lots of drama, disorder and trouble in your life.” In any sense of the phrase, the mega real estate website company Zillow is living …
Clint walked up to the front door of his house. It was well after dark. He reached out and twisted the knob and the door opened without a key. He knows with absolute certainty that it was locked when he left earlier that day. Entry and hallway lights, that he remembered turning off that morning, were on as he walked …
WARNING! Heads up on a growing scam! “Wire Fraud” (when you wire money to someone), can affect you during a real estate transaction, but also in many other financial dealings. The latest online threat is costing consumers more than a billion dollars a year. Here’s an example of how wire fraud can affect you – we’ll use a real estate transaction …
There are a lot of homeowners that want to sell their current home and move to another place within the metro Denver area. It’s known as “re-positioning” because it has a person going from one part of the market to another. It may be a shift in size, location, price or property type (single family vs. multi-family). The re-positioning need …
A garden. More privacy. These had increasingly been on Terri’s mind. She wanted both and had neither. Her current house was a townhome purchased twelve years earlier. It worked great at the time, but now … not so much. She wanted to grow some veggies and plant some flowers. She didn’t want common walls any more. So, she looked into …
The 2015 Denver real estate market lived up to expectations with a 6.74% increased number of homes sold in 2014, totaling 59,624 and a single family home price value up by 11.23% with the average sales price of $398,044. Interest rates remained low with 30 year fixed rates hovering around the 4% range and with an increase of available mortgage …
Most people are curious about what luxury living looks like in their neck of the woods. How many millions would it take and what do you get for all those zeros? Let’s looks at some facts for Metro Denver over the last year: Less than 2% of the homes sold over the last twelve months had a price tag …
All year we’ve been hearing the word “up” associated with the metro Denver real estate market. Prices are up. Number of homes sales is up. The only thing consistently down has been inventory – the number of homes on the market has lagged behind last year’s levels. Now, even inventory has jumped over to the up side of the ledger. …