The Colorado Housing and Finance Authority (CHFA) is bringing back a popular program that pays home-owners back on their taxes in the form of a credit. That means qualified first-time home buyers can receive up to 20% of the mortgage interest they pay to reduce their federal tax [...]
As 2016 has drawn to a close, the report identifies highs and lows in the housing market last year and how it compared to previous years.
œ2016 will go down as another robust market defined by record-low inventories and record-high prices, states Steve Danyliw, Chairmanof the DMAR Market Trends Committee and Denver real estate [...]
The price of any item (including residential real estate) is determined by ˜supply and demand'. If many people are looking to buy an item and the supply of that item is limited, the price of that item [...]
It's a question we get all the time - as Denver's local Real Estate experts, we not only do as much research and forecasting as we can, we are also in the field and on the streets, all day every day. Talking to both homeowners and homebuyers as well as investors and developers, looking at [...]
As 2016 comes to a close, the report spotlights how the hot real estate market fared this year, experiencing both record highs and lows.
In July, Denver-metro hit an all-time high for the average sold price of a home at $420,178 and median sold price at $365,000. February marked a record low for month-end inventory at 3,963; comparatively, the [...]
The eat in kitchen has new granite countertops, marble backsplash and cabinets, with plenty of room to entertain. Laundry in unit is a major plus, combined with a large closet for storage, you can't beat it! Bathroom has [...]
Live Urban Real Estate agents have been busy this year helping clients buy and sell homes all over the Metro Denver area, and they are finding that increasingly, due to the prolonged extremely low inventory situation, that more buyers are considering [...]
Year-over-year average price of homes sold is up 9.96 percent to $398,588. However, the number of homes sold in October dropped 11.43 percent compared to last year, and the pace of new listings coming onto the market is slow with 9.87 percent fewer homes year over year. Notably, 2016 represents a [...]
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