How did the Denver market do in 2006?

Categories: Blogroll, Denver, How's the Market?

Well, it all depends on which index you're looking at . . . The statistic used most often to gauge the market is "average home price." According to that index, home prices in Denver rose 2% -- from $305,000 to $313,000. That increase, however, was not spread equally across all neighborhoods. There were high increases in neighborhoods like University Park (26%) and Cherry Creek (23%), while other neighborhoods took a dive. (Swansea down 17%, Barnum West down 13%, Clayton down ... Read More

Slow Market?

Categories: Blogroll, Buyers, How's the Market?, Sellers

"I'm sorry. That house just went under contract." "Please submit your offer, but know that we've already received two other offers on that property." We haven't hear talk like that too often in the past couple of years, but I'm certainly hearing it now. Over the past several weeks, I have faced the following scenarios: I take buyers to look at a house that's been on the market for three days. While we're there two other potential buyers come through with their ... Read More