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Larry Hotz, Kentwood Real Estate, Greenwood Village, Colorado

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You are here: Home / Archives for Lon Welsh, Your Castle Real Estate

Shadow Inventory Myths

May 14, 2012 By Lon Welsh, Your Castle Real Estate 5 Comments

Denver real estate market

Remember all the stories a few months ago forecasting that Banks would depress real estate prices by listing lots of  “Shadow Inventory” in the Denver MLS? While this was true for many large cities in the US, it wasn’t true in the Denver real estate market.  First, let’s define Shadow Inventory. Exhibit 1:  Shadow Inventory […]

Filed Under: Denver Real Estate News Tagged With: Denver home prices, Denver MLS, Denver real estate Market, Lon Welsh, Shadow Inventory

Denver Real Estate Market More Balanced

March 15, 2011 By Lon Welsh, Your Castle Real Estate 3 Comments

I received a great question on my last article here at All Denver Real Estate Blog. Kristen asked what signs I see, as a statistician, that the Denver real estate market is improving for Denver in-fill markets. For the purposes of her question, fills are generally new homes in older neighborhoods. Kristen wrote:  I was […]

Filed Under: Denver Real Estate News Tagged With: All Denver Real Estate, Denver real estate Market, Lon Welsh, Months of Inventory

January Showings Improve At Your Castle

February 10, 2011 By Lon Welsh, Your Castle Real Estate 7 Comments

Average Showings Real estate listings

As the Broker/Owner of Your Castle Real Estate, I’ve decided to publicly share the encouraging results of January showings on this All Denver Real Estate Blog. Here is the memo, verbatim, that  I sent to my associates this week. Granted: January home sales were poor but the sales outlook for the  Spring Selling Season is […]

Filed Under: Denver Real Estate News Tagged With: Denver real estate Market, Real Estate Showings, Sales volume, Your Castle Real Estate

What Will Happen To Home Prices In Your Neighborhood?

October 16, 2010 By Lon Welsh, Your Castle Real Estate 4 Comments

Denver Foreclosures and Short Sales decreased

This article will help you understand some important forces that drive local Denver real estate neighborhood real estate prices – and what it might mean for your neighborhood. In April 2010, the number of home S/S (short sales) overtook the number of REO (bank owned) sales.

Filed Under: Denver Real Estate News Tagged With: Denver foreclosures, Denver home prices, denver neighborhoods, Denver real estate Market, denver relocatioon, Lon Welsh, short sales

Showings Recover at Your Castle

September 8, 2010 By Lon Welsh, Your Castle Real Estate 1 Comment

By Lon Welsh Home showings in Denver dropped dramatically after the expiration of the tax credits on April 30 like they did throughout the country. Only now are we beginning to see some increase in broker showings of our listings.  A large outsource vendor for managing showings, the Centralized Showing Service, operates in more than […]

Filed Under: Denver Real Estate News

Denver Lofts and Condos Appreciate

August 9, 2010 By Lon Welsh, Your Castle Real Estate 3 Comments

By Lon Welsh, Your Castle Real Estate Denver lofts, condos and town homes have notoriously underperformed the macro Denver real estate market. But, in the first half of 2010 even lagging condos showed  signs of rebound as they already have in cities like Washington DC and New Orleans.

Filed Under: Denver Real Estate News Tagged With: condos, Denver lofts, denver neighborhoods, Denver real estate Market, Lon Welsh, town homes

Luxury Denver Home Market

July 14, 2010 By Lon Welsh, Your Castle Real Estate Leave a Comment

Denver luxury home for sale

Like the rest of the market we study, luxury home prices appear to have stabilized and actually improved somewhat in the second quarter of this year. In fact, sales these homes priced above $460,000 increased 13%. Some Realtors attribute this increase to Denver relocation buyers as well as “move-up” buyers. Why does $460,000 define luxury […]

Filed Under: Denver Real Estate News Tagged With: Cherry Hills Colorado, Denver luxury homes, Denver luxury real estate, Denver realtors, denver relocation, Foreclosures, Real Estate market, short sales

Denver Neighborhoods Home Price Trends

July 7, 2010 By Lon Welsh, Your Castle Real Estate 4 Comments

Lon Welsh is a statistician and Denver real estate Broker By Charles Roberts and Lon Welsh Second Quarter Denver Home Prices The Denver real estate market had a great second quarter.  If you compare the twelve months from July 2009 – June 2010 to the twelve months immediately preceding it, the average Denver home price […]

Filed Under: Denver Real Estate News Tagged With: Denver home appreciation, Denver home prices, denver neighborhoods, Denver real estate Market, Lon Welsh, Months of Inventory

What are the odds of your home selling?

May 12, 2010 By Lon Welsh, Your Castle Real Estate 2 Comments

Lon Welsh, Your Castle Real Estate We just finished an analysis of which homes are most likely to sell in the Denver real estate market.  We found that overall, 42% of the homes listed between January and September 2009 went on to sell.  We didn’t look at more recent listings since it takes many months […]

Filed Under: Denver Real Estate News Tagged With: Denver foreclosures, Denver real estate Market, Denver short sales, Lon Welsh

Fear and Loathing Shadow Inventory

April 26, 2010 By Lon Welsh, Your Castle Real Estate 4 Comments

by Lon Welsh, Owner, Your Castle Real Estate Some real estate experts fear Shadow Inventory will force the housing market into another recession. “Shadow Inventory” refers to foreclosure homes owned by lenders or about to acquired by lenders through foreclosure that have a high likelihood of coming onto the Denver real estate market this year. They […]

Filed Under: Denver Real Estate News Tagged With: Denver foreclosures, Denver home sales, Denver real estate Market, Lon Welsh, Shadow Inventory

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Copyright 2000-2020 by Loren Hotz. All Rights Reserved. Loren (Larry) is a Broker Associate of The Hotz Group at Kentwood Real Estate. Some articles on this real estate blog were written by Brokers employed by various brokerages including Kentwood Real Estate as identified. Unless otherwise identified, luxury Denver real estate market statistics were provide by the Denver MLS search company, ReColorado.