Category Archives: Denver Real Estate Market

Denver Fairs Far Better than National Real Estate Market

Posted on January 11, 2009 by admin

Sunday, January 11, 2009 The Metro Denver residential real estate market appears to be fairing better than most other major markets across the country.  Depending on the source for market data, the overall Denver market has experienced fairly stable market values or a 5-13% decline, over the last year.  That is fairly good compared to other parts of the country that have experienced up to 30% depreciation, in the last year.  The Denver market remains very diverse, some areas are doing well while other areas are struggling.  The best news remains to be mortgage rates, currently around 5.0% for a 30 year fixed rate.  With low interests rates and… Read More »

Posted in Denver Real Estate Market, For Buyers, For Realty Professionals, For Sellers, General Information | 1 Comment

Metro Denver Residential Real Estate Inventory Down 21%

Posted on October 8, 2008 by admin

Very encouraging news for residential real estate in the Denver Metro area.  The number of unsold homes in the metro area has decreased approximately 21%, with 23,932 homes for sale in September 2008 compared to 30,335 homes in September 2007.  Additionally, the number of homes under contract increased from 4,329, in September 2007, to 5,269, in September 2008.  Ironically, that is a 21% increase in homes under contract from last year.  With lower inventory and an increasing number of homes under contract, the Denver real estate market may be seeing the beginning of a transition from a “buyer’s market.”  The current absorption… Read More »

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