June 6, 2012
Spring Fever 2012 – 6 Factors in Play
From a Broker’s perspective, and shared by many of us, this is the most active spring market since 2006. A typical seasonal shift will taper off in July, rebounding again in September. Many factors are in play, all contributing to the ground swell in sales activity. The number one reason buyers and sellers are active [...]
February 29, 2012
Warren Buffet: “Instead of Stocks, Buy Homes”
Warren Buffet: “Single family homes, I would like to buy a couple hundred thousand of them.” He further encourages young buyers and investors.”Buy a home at very very low mortgage rates, finance it for 30 years, a leveraged way of owning an asset. Equities are very attractive compared to anything else you can own right [...]
January 17, 2012
Greater Seller Price Reductions in 2011
In 2009, Buyers were getting an average 2% seller discount compared to 2.9% in 2011. The key factor in greater discounts market wide is that bank owned, short sale, and pre foreclosure properties are a larger portion of the entire market. Based on the 2011 median price of $211,000, that creates a $1,900 wider gap between List Price and Sold Price. Not [...]
January 16, 2012
2011 Denver Market Summary
Market Summary 2011 reports, including residential sales, bank owned, foreclosure, and pending status properties will be completed the week of January 16th. Thanks for checking in shortly for a graphic analysis of the Denver’s housing market recovery, how it compares to the national trends, as well as the 2012 investment outlook.
August 9, 2011
Residential Solds 2011 Price Mix
Price Mix in June 2011 residential sales shows the strength at the core of the spectrum, $200,000-300,000, at 27% of the entire market’s Buyers, the single largest group. Trailing off quickly at $500,000 and above, the top tier group makes up only 10% of the market. A classic bell curve trend that shows the $100,000- [...]
November 20, 2012
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