Denver luxury homes selling at a faster rate Denver luxury homes with an asking price over $1 million are selling twice as fast compared to a year ago according to MLS data. In April, 93 Denver luxury homes sold in the Denver area compared to 44 sold in April of 2012. In addition, April’s number’s showed…
Downtown Denver condos market has come alive again since the Great Recession. A comprehensive report by Land Title Guarantee Co reveals that the downtown Denver condos market exhibited superior performance in 2012 when compared to the preceding year, 2011. During 2012, a total of 471 condominiums were sold, marking a substantial increase of 63.5% compared…
Denver home prices rose again in February which was the 14th months of consecutive increase for Denver area homes according the latest S&P Case-Shiller Home Prices Index. Denver home prices increased 9.9% year over year, up from January’s 9.3%, December’s 8.5%, November’s 7.8% and October’s 6.9%. This was the largest increase since the recession and…
According to the latest S&P/Case-Shiller Home Price Index, Denver metro area home resales averaged 34.17% higher than they were in January 2000, which is generally considered a benchmark in the local housing market. Denver’s peak index reading was 140.28% in August 2006. Denver’s price gains have been consistently increasing and for the past several months…
A change has emerged in the Denver real estate market remarkably for 2012 which appears to emerge as a very strong recovery. Preliminary indications seem to show a strengthening market which is stronger than many others in the country. Most of the homes have been sold in the price range of $100,000 to $499,999. Condominium prices…
Denver homes for sale in February 2013 presented an evolving real estate landscape characterized by various shifts and trends. The total number of homes available for sale during this period amounted to 7,094, marking an 8% decrease from December 2012 and a substantial 32% decline from January 2012. In January, Denver witnessed the successful sale…
Home prices in Denver metro area including Aurora and Broomfield increased 9.2 % in November 2012 from November 2011 and includes sales of distressed properties by lenders. Without the distressed properties, the increase was 7.7%. Home prices in Denver rose 7.5% nationally in November 2012 from a year ago. This also includes distressed properties and it was…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
