Denver home sales continued to slow down in the month of September according to MLS statistics. Monthly sales were lower than sales for any September since 2012.
The Denver real estate market has been hot during the last 60 days. We’ve been so busy that we have hardly had time to post on this blog. I was beginning to wonder if it was only our team at All Denver Real Estate or if the whole market was as busy as we’ve been. […]
I have been selling Denver luxury homes throughout the metro area and my home community of Pradera in the south Denver suburb of Parker. What goes down must come up. And so it is with home sales in the luxury price range of $1 million and above for the Denver Metro area. The Denver luxury […]
By Doug Hutchins, Castle Pines North Real Estate “Is this party really over?” Or, did federal tax policy, and what some would call reckless federal “spending”, actually prime the Denver real estate pump for future sales It is always interesting to see the effects of government policy. As you likely know,
How’s the Denver real estate market? May home sales statistics from Metrolist have plenty of support for both optimists and pessimists. As Charles Dickens might say: “It was the best of times. It was the worst of times”. I say: “We are suffering from The Hangover.” Tax Credits to buy homes are gone (probably forever) […]
The previous article about shadow inventory data made a good argument that the Denver real estate market can absorb the possible new foreclosures that are on the horizon fairly easily. This graph shows that the numbers of weekly foreclosures that sell at the Public Trustee sales are not increasing yet.
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 […]
By Lon Welsh, Real Estate Market Statistician Are Buyers Still Getting Discounts When They Buy a House? After all, everyone believes even Denver is a Buyer’s Market. Actually, it depends on what sort of house Buyers are purchasing. Non-distress sales are those being sold by traditional sellers. In the last few months, the average discount […]
by Larry Hotz, Lead Editor Denver homes sales soared 15% in September compared to the year ago period. And, homes placed under sales contract went up 20% over that same period. There were dramatically fewer homes on the market too. So, why then did the average price of a home drop by 15%? I don’t […]
By Larry Hotz, All Denver Real Estate July homes sales in the Denver metro area remained essentially even with the year ago period. 5878 single-family homes and condominiums were placed under sales contract during the month and 5123 homes closed. But, the best news for the Denver real estate market was that inventories of existing […]