Both Parker, Colorado and Castle Rock real estate markets experienced a stellar year during 2013 in suburban Denver. In fact, some of the home sales statistics far outpaced the Denver Metro area. While this may not be sustainable over the long term, it comes as a major relief to finally see the Parker and Castle […]
Denver Realtor on CNBC, My Dad!
The Denver real estate market was explained and exposed when our own Denver Realtor Larry Hotz of The Kentwood Company appeared on CNBC’s Power Lunch on Thursday. It’s not everyday that I get dressed and grab my coffee to go into a television studio for work, but that’s exactly what my dad and I did […]
Lakewood Real Estate Update
With interest rates staying at relatively low numbers, there are still many buyers looking to purchase properties. House payments are actually lower than rents. MLS (Metrolist) data shows that single family homes in Jefferson County saw an average month over month increase in September 2012 closed sales of 29.2% vs. closed sales in September of […]
From Buyer’s To Seller’s Market Overnight
There are fewer homes for sale in the Denver MLS (Multiple Listing Service) today than they were a month ago and 31% less homes for sale than a year ago! This downward trend of existing inventory is making it harder for buyers to find good homes and putting upward pressure on prices. At the same […]
Castle Pines North Market Update
Over the last few years, homes priced over $750,000 have seen prices fall substantially in the City of Castle Pines. Homes priced from $500,000 to $750,000 have also seen price declines, but homes priced under $500,000 had generally seen prices holding steady. Things are starting to change. Over the last two months I have started […]
Luxury Denver Home Market
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 […]
Castle Pines Market Report
by Doug Hutchins, Castle Pines North Realtor The average sales price in the 1st quarter of 2009 for a single family home in Castle Pines North was $477,700 compared to an average sales price for 2008 of $534,618, a 10.6% drop. HOWEVER, because the square footage of homes available in Castle Pines North can very […]
Castle Pines North Market Holds Steady
By Doug Hutchins, Castle Pines North Real Estate Broker Through the first three quarters of 2008, 126 homes have sold in Castle Pines North, compared to 127 selling in the in the same period in 2007. The average sales price has dropped from $532,540 for all of 2007 to $496,866 for the first nine months […]
Cities Do Better In Flat Real Estate Market
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