Home Re-Sales Complete Best Winter in 5 Years

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The Denver Post is reporting that "A mild winter and a stronger job market have helped boost sales ahead of the crucial spring buying season" for previously occupied homes. "Sales are trending upward" according to Ian Shepherdson, chief U.S. economist at High Frequency Economics, even though there was a slight dip last month. January's numbers were the highest … [Read more...]

Attention Denver, FHA Increases MIP April 1st!

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Did you know that effective April 1, 2012 purchasing a home with a Federal Housing Administration (FHA) loan will be more expensive? Carol Galante, acting FHA Commissioner, recently announced a new premium structure for FHA-insured single family mortgage loans. For FHA case numbers assigned on or after April 1st, 2012 there will be two increases in MIP. “After … [Read more...]

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...]