How does the Denver economy stack up against other states in the country? It is a question that I recently encountered during a trip to Europe. I know, it is a funny question to come up on a European vacation, so let me explain. On the trip, I met a lot of other Americans, Canadians and obviously, Europeans. After talking for awhile, it [...]

Youmay be asking yourself, "is it really in my best interest to buy a homenow?" With all of the bleak news about the economy, jobs and thehousing market many of us have thrown our hands in the air and givenup. But when you look at the advantages of purchasing in a market likethis the question isn't really "should I buy" it's "which house [...]

Hot Denver Neighborhoods- North Park Hill median sales price up 26%

The median sales price for homes in North Park Hill for Jun 10 to Aug 10 was $248,950. This represents a decline of 3%, or $7,800, compared to the prior quarter and an increase of 25.7% compared to the prior year. Sales prices have appreciated 0.2% over the last 5 years in [...]

Hot denver Neighborhoods - City Park average sales price up 48%

The median sales price for homes in City Park for Jun 10 to Aug 10 was $458,000. This represents an increase of 59.6%, or $171,000, compared to the prior quarter and an increase of 31.7% compared to the prior year. Sales prices have appreciated 23.8% over the last 5 years in [...]

Hot Denver Neighborhoods - Cherry Creek Median Sales price up 11%

The median sales price for homes in Cherry Creek for Jun 10 to Aug 10 was $446,250. This represents an increase of 17.3%, or $65,750, compared to the prior quarter and an increase of 10.7% compared to the prior year. Sales prices have depreciated 21.7% over the last 5 years in [...]

Hot Denver Neighborhoods - Downtown average price per square foot up 19%

The median sales price for homes in Union Station/Downtown for Jun 10 to Aug 10 was $340,000. This represents a decline of 22.1%, or $96,500, compared to the prior quarter and a decrease of 21.2% compared to the prior year. Sales prices have depreciated 24% over the last [...]

Is now a good time to buy a short sale in Denver? In the past few years, the term short sale has become very popular in the Real Estate world. Some love the term and have been able to get some terrific deals buying and selling via short sales. And others curse the term after spending months working on getting a short sale sold to no avail. [...]