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. [...]

It sounds too good to be true, but can I really buy a house in Denver for less than I am paying in rent? With these interest rates so low right now, the answer more often than not, is in fact, yes, you can buy for less than you are paying in rent. How could this be you ask, it all has to do with the interest rates and prices being so [...]

Late last year and early this year there was a lot of press about the $8,000 Tax Credit for home buyers. After that expired you might have felt like you missed a great deal and decided not to buy. Believe it or not, interest rates are so low right now that you can save more in the first five years of owning a new home than you could have [...]

Did you miss taking advantage of the $8,000 first time buyer tax credit in April? While it certainly was a great deal that would have been nice to take advantage of, don't sweat it too much if you did. With the insanely low interest rates available right now compared to when the tax credit was in effect, you can save more than three times as [...]

Hot Denver Neighborhoods - Lowry median sales price up 44%

The median sales price for homes in Lowry Field for May 10 to Jul 10 was $399,015. This represents an increase of 14%, or $49,015, compared to the prior quarter and an increase of 44.3% compared to the prior year. Sales prices have appreciated 62.3% over the last 5 years in Lowry [...]

Hot Denver Neighborhoods - Belcaro up 15%

The median sales price for homes in Belcaro for May 10 to Jul 10 was $524,000. This represents an increase of 4.8%, or $24,000, compared to the prior quarter and an increase of 14.8% compared to the prior year. Sales prices have depreciated 9.7% over the last 5 years in Belcaro, Denver. The median [...]