MARKET STABILIZES IN FEBRUARY – Despite Boost in Inventory

Statistics from February are in from REColorado and it looks like things were relatively stable across most categories despite a decent bump in the amount of inventory.  Even with a 9% increase in inventory, pricing was relatively stable, showing that buyers - particularly in the lower price points are still eager to purchase. Here's a …

Market Dips in January – What to Make of It?

The January 2019 reports from REColorado (the local association)  and the Colorado Association of Realtors (statewide association) indicate that sales activity in January was weak across the board.  The report form RE Colorado, indicates a -5.8% drop in the Y-O-Y median sale price in Denver County for the month of January.  This report combines attached …

Happy Canyon Shopping Center Update??

Today's Denver Post has an article on the status of the Happy Canyon Shopping Center project titled: "Happy Canyon shopping center: Indictments, delays and light at the end of the tunnel" Here is a photo I took in August 2018 - nothing has changed since (except 4 months of exposure to weather). The article paints …

BORING!!!!!!!

Title Commitments - think they don't matter or don't even know what they are?  Are you already falling asleep?  You are not alone! Can you say $10,000,000 mistake??? 300+ people in Denver just found out they bought income restricted homes - and paid non-income restricted prices.   (My bet - this is not isolated to Denver) In …

Lakewood 1% Growth Cap – Horrible Idea

Looks like the risk of a 1% cap on the growth of housing units in Lakewood is back on the table. To recap, a group of local residents collected sufficient signatures to require the council to impose a cap of 1%, or place the measure on the November ballot.  A challenge was filed (on technicality …

I was wrong

Throughout the winter, my expectation was that as the market progressed into the Spring selling season, we would start to see a good increase in home inventory, getting us back to a more balanced market and taking pressure off pricing.  As we now sit on the cusp of the season, it appears I was wrong. …

Sleepy Cow Town no more

As we came out of the real estate downturn, the quick recovery and subsequent acceleration in the residential market and in commercial development activity  left many observers sitting with their mouths hanging open.    Residential home prices are now above their peak, and while the market has slowed in the winter months, it still appears …

Clash of the Titans – Denver Top Neighborhoods

How do Denver's top markets rank according to Zillow's home price index? Denver Zillow Home Value Index Denver real estate info

Clash of the Titans 1 – Metro Denver Top Neighborhoods

How do Metro Denver's top markets rank according to Zillow? Denver Metro Zillow Home Value Index Denver Metro real estate info

New Housing Data – Continued Appreciation

The latest monthly Case Shiller Home price index is out and according to the report, the Denver Market saw a 9.4% year-over-year gain, with prices eclipsing last month's record level's.  This report continues the trend of 9% + year-over-year appreciation, which began back in January - indicating sustained appreciation. Denver's growth lagged the results from …

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