Denver Real Estate Blog

DENVER - The slump in the new-home sales market in the Denver area continues. Experts predict that new-home sales will drop another 10 percent this year, on top of a 31 percent drop in 2007. A report by the Genesis Group, which tracks real estate along the Front Range, found only 9,698 new homes were […]

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Fewer homes were on the market in Denver last month than in March 2007, some possible good news for the local housing market.
Of 28 major metro areas in the country, Denver was among only five with a year-over-year decline in such inventory, according to a report in The Wall Street Journal.
The drop wasn’t huge, 3.5 […]

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Colorado ranks among the top magnet states for 2007, drawing more residents than it loses to other states.
Allied Van Lines, which compiles the report based on its internal shipment data, said Colorado was No. 4 with a net relocation gain of 851.
Allied Van Lines counted 2,173 moves from Colorado but 3,024 moves into the state.
Texas […]

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Colorado ranked 10th in the government’s ranking of states with the highest per-capita income in 2007, according to preliminary estimates released Wednesday by the U.S. Bureau of Economic Analysis.
Per-capita personal income rose 3.9 percent in Colorado in 2007, to $41,042, according to the BEA.

Colorado ranked 10th on the list in 2006, according to revised BEA […]

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DENVER, Colorado ― State and federal officials on Monday recommended foreclosure counseling to homeowners hit hard by the mortgage foreclosure crisis following a study that showed some areas were targeted for risky, subprime loans.
Gov. Bill Ritter said 11,633 property owners in seven zip codes in Aurora, Colorado Springs, Denver, Greeley and Parker were […]

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Title companies are forced to pay kickbacks for referrals under the guise of marketing agreements, the state says.
The state is investigating whether nine Colorado real estate brokerages required title companies to pay up to $1 million each for referrals from their agents.
The Colorado Division of Real Estate on Monday sent subpoenas via certified mail to […]

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Metro Denver’s housing market continued to be soft in March, with fewer sales and lower selling prices compared to the same month of 2007, according to data provided by Metrolist Inc.
The first few months of the year usually is a slow time for residential sales. Closed March home sales — including single-family houses and condominiums […]

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Planning to move this summer? You’re not alone — summer is the busiest time of year for professional movers, according to the American Moving and Storage Association. It’s an arduous process, but these tips will make your transition much smoother.

If you’re planning to use a moving company, call now. As busy as they are, they […]

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What makes one property sell in a few weeks, while another may linger on the market for months? Here are some factors that could be effecting your property. Each case is different, but it almost always boils down to Price & Exposure.

Exposure- Eighty percent of people now go on-line to start their home search, (NAR). […]

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Denver Colorado Population: 555,932
The pros about living in Denver is the Rocky Mountain lifestyle, strong economy it provides it’s residents.
Denver entrepreneurs enjoy the best of both worlds, with urban amenities downtown and the extensive Rocky Mountain playground just beyond the city limits. The city has worked overtime to attract and retain businesses of all sizes: […]

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Mortgage insurers, whose backing is required for borrowers who can’t afford the traditional 20 percent down payment on a home, have flagged nearly a quarter of the nation’s ZIP codes where they refuse to insure some home loans.
The entire states of California, Florida, Arizona, Michigan, Ohio and Nevada — which have seen the highest foreclosure […]

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Vacancies tightened to 6.1 percent in the fourth quarter, from 7 percent for 2006’s final period, the report said. But the fourth-quarter vacancy rate was up from 5.3 percent in last year’s third period. Apartment vacancies were down and rents were up in the last year’s fourth quarter, compared to 2006’s final period.
Tenants are paying […]

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Homes were most affordable in Oklahoma City, and least affordable in Los Angeles. Denver ranked No. 28, sandwiched between Virginia Beach, Va., and Hartford, Conn. While the most expensive are in New York City, Sacramento, Miami-Fort Lauderdale and Boston.
In Denver, the cost of a typical home would eat up 31.75 percent of median household […]

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The Mortgage Bankers Association ranked Colorado No. 24 in the nation for “seriously delinquent” loans in the fourth quarter. By contrast, the privately owned California-based RealtyTrac group, which uses a different methodology, said that Colorado was No. 5 in the nation for foreclosure rates last year and No. 1 in 2006. The bankers association, better […]

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Denver International Airport ranked No. 2 based on factors such as size of the airport, wired facilities, wi-fi availability and whether the wi-fi is free.Late last year, DIA made its wi-fi free and added ads. It used to cost $7.95 for 24 hours. Denver and Las Vegas are two of fewer than 10 major […]

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