Author Archive

Mar
04

Early Febuary Home Sales

Posted by: lonwelsh | Comments (1)
February Denver home sales are steady in preliminary results

February Denver home sales are steady in preliminary results

By Lon Welsh, Your Castle Real Estate

While we wait for Metrolist, Denver MLS to release the official Denver home sales for February, I have compiled some preliminary results. These suggest that the Denver real estate market continues to “hold its own’ especially in comparison to other national markets.

So far, it looks like the number of homes sold in Feb 2010 was about the same as Feb 2009.  We saw +9% Jan 2010 vs. Jan 2009 for number of homes sold.  This will be more precise in a few days because the Metrolist statistics take some time to compile. Read More→

Jan
14

2009 Denver Real Estate Market

Posted by: lonwelsh | Comments (4)

(Exclusive to All Denver Real Estate – Ed: Case-Shiller has already reported that Denver home prices dropped the least of all national real estate markets in October. But, October is their latest data set. Here our own Lon Welsh shows that there is more evidence that prices are turning upward and reversing their downward trend. He bases this on statistical analysis of our worst market segments in the metro area.)

By Lon Welsh, Your Castle Real Estate and All Denver Real Estate Contributor

Some Home Prices Begin Appreciation

As a statistician by education and background, I am drawn to make conclusions about the Denver real estate market based on numbers and charts. Let’s compare the overall housing market in metro Denver to the subsections that have suffered the worst price declines and the most foreclosures. Consider these  following graphs compiled from Denver Metrolist MLS data.

2009 Metro Denver Real Estate Market Read More→