Denver Luxury Home Prices Jumped in December 2011

Denver, Colorado Luxury Real Estate Market

In December 2011, luxury home prices across the Metro Denver area jumped eight percent, showing signs that the high-end market was alive and well at the end of the year. The median price for a million-dollar-plus home in the Metro Denver area was $1.35 million in December 2011, up from $1.245 million in November 2011 and $1.25 million in December 2010. Overall … [Read more...]

Denver Housing Market Improves in 2011

2011 Denver Housing Market

Recently released Metrolist data show that the 2011 Denver housing market improved over 2010, and numbers are expected to grow even more in 2012. Over $10 billion of Denver real estate was purchased last year, and housing inventory fell to an 11-year low. 39,387 homes and condominiums were sold and closed last year, up about 1.5 percent from 2010. Real estate … [Read more...]

Denver Home Supply Continues to Drop

Sell your Denver Home this Winter

According to Denver Business Journal and Metrolist Data, the Denver housing supply dropped considerably during the November time frame to its lowest point in years. This decrease continued the trend that we have seen over the past few months. Denver housing inventory for November was down 10 percent from October and down 30 percent from the same month in … [Read more...]

Denver New Home Market Past Bottom

Denver Home Construction

  Recent reports indicate that the Denver new home market increased over the last couple of months, and the industry hopes that it is past the bottom. The Home Builders Association of Denver report instill the belief that the bottom is behind us, and the future looks bright. Jeff Whiton, CEO of the HBA of Denver, believes "we will continue to show … [Read more...]

Colorado Outperforming Real Estate Markets Across the Nation

Colorado Real Estate

As different housing markets recover at different rates, it is evident that some areas are performing better than others. I am proud to say that the Denver market and the state of Colorado as a whole are outperforming real estate markets across the nation. When considering the different rates, or shifts, of recovery, a recent S&P/Case-Shiller report said, … [Read more...]