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  • A Sheltered Life / A New Denver Magazine
    A Sheltered Life Magazine This is their first edition in Summer of 2013. According to the Editor and Publisher, Elaine Marlier the magazine wants to help homeless animals that cannot help themselves. The magazine sells for $1.95 and 100% of every sale goes directly to the aid of homeless animals. Our current economy has had […]

Luxury home sales in Denver area rise in January over last year

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Luxury home sales in Denver area rise in January over last year

 

There is limited inventory that is driving prices up. I  a property is in good condition and priced right it moves off the market quickly and at times with multiple offers to choose from.

On the other hand houses in the same area in need of [...]

Supply of Denver-area homes for sale at 23-year low

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Supply of Denver-area homes for sale at 23-year low

I read and agree with the article that Dennis Huspeni, a Reporter for the Denver Business Journal wrote saying that the inventory in Denver is at a 23 year low. Because the supply is low the demand is high. This effects the price and the number days it [...]

Opus Group closing Denver office, opening regional headquarters By Margaret Jackson The Denver Post

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Opus selected Denver as the regional headquarters for Opus Development Corp. as the market is poised for recovery.
Opus Group closing Denver office, opening regional headquarters

By Margaret Jackson
The Denver Post

The Opus Group of Minneapolis is closing a Denver office while simultaneously opening a new regional headquarters for its development group here.

Opus Northwest is winding [...]

Most Say it’s a Good Time to Buy by Broderick Perkins

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Most Say it’s a Good Time to Buy

by Broderick Perkins

Most Americans believe the housing market has hit the bottom and that it’s a good time to buy, in part because many also think rents will rise faster than home prices.

Fannie Mae’s latest nation housing survey found that 70 percent of Americans think it’s [...]

Real Estate Outlook: Clear Capital by Kenneth R. Harney

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It’s no secret that the keys to a long-term housing recovery are a growing economy, more jobs and modest growth in home values.

So it’s significant that the latest numbers in all three of these area happen to be positive – they’re not spectacular, but definitely pointed in a good direction.

Take home prices for example. [...]

Denver home sales sluggish in August By Aldo Svaldi The Denver Post Read more: Denver home sales sluggish in August – The Denver Post http://www.denverpost.com/business

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Denver home sales sluggish in August
By Aldo Svaldi
The Denver Post

August Denver-metro home statistics
- 3,079 home sales closed in the metro area in August
- 23,615 homes in inventory
- Prices have remained fairly stable.  The median price for homes sold in August was $239,900, compared with $240,000 in July and $227,000 in August 2009.
- The median price [...]

Short Sales Soar /John Rebchook

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Short Sales Soar

Short sales are soaring in the Denver area.

All short sales in the metro area rose by 48 percent in the first seven months of 2010, compared with the same period in 2009, according to an analysis of data by InsideRealEstateNews.

The vast majority of the short sales were for single-family, detached homes. [...]

Case-Shiller: Home prices up 1.8% /John Rebchook

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Case-Shiller: Home prices up 1.8%

Home prices in the Denver-area rose by 1.8 percent in the year ending in June, according to the closely watched S&P Case-Shiller report released today. Denver ranked No. 9 of the 20 metropolitan statistical areas tracked in the S&P/Case-Shiller Home Price Indices. Overall, the 20 MSAs rose by 4.2 [...]

Denver hourly, monthly parking-garage rates top U.S. average Denver Business Journal – by Mark Harden Read more: Denver hourly, monthly parking-garage rates top U.S. average – Denver Business Journal

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Denver hourly, monthly parking-garage rates top U.S. average
Denver Business Journal – by Mark Harden

The median hourly parking rate in downtown Denver garages is $8 — well over the average national urban hourly rate of $5.62, according to the latest annual parking rate survey from Colliers International.

Hourly parking rates in Denver’s central business [...]

Denver luxury-home sales spike in June Denver Business Journal Read more: Denver luxury-home sales spike in June – Denver Business Journal

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Denver luxury-home sales spike in June
Denver Business Journal

Home resales in the $1 million-plus range in metro Denver hit their highest level in almost two years in June.

Sixty-seven existing homes, including houses, condominiums and townhomes, sold in that price range last month — up 3 percent from 65 in June 2009 and up 22 [...]