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Monthly Archives: May 2014
Seller’s market makes for quick sales, higher prices
By: Ryan Boldrey – Castle Rock New Press Ron and Jill Olds were hoping for the best when they put their Castle Rock home on the market this April. After being told by a real estate agent a few years … Continue reading
Posted in Area Real Estate News
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Inventory of for-sale homes down 17.5 percent in metro Denver
By Howard Pankratz The Denver Post The inventory of homes for sale dropped in metro Denver for the fifth consecutive month in April, falling 17.5 percent from April 2013, one of 21 metro markets where inventories dropped, according to Zillow. … Continue reading
What Do Buyers and Sellers Pay in Closing Costs?
By: BRENDON DESIMONE If you’ve never been through a real estate closing before, you might imagine convening around a large table where, at the end of escrow, you’re presented with an itemized list of big expenses required to close the … Continue reading
Posted in Area Real Estate News
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Denver metro area hit new home price peak in the 4th quarter of 2013
By Howard Pankratz The Denver Post The Denver metro area reached a new home price peak in the fourth quarter of 2013 with a median price of $288,000, compared with the previous peak price of $259,000 in the first quarter … Continue reading
Posted in Area Real Estate News
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Metro Denver sellers in short supply at peak of home-shopping season
By Aldo Svaldi The Denver Post Spring was expected to bring out Denver metro home sellers, lured by high prices and shorter sales time. The April home-sales numbers for the area, however, show that wasn’t the case — leaving buyers … Continue reading
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Housing paradox: All-cash sales rise as investor sales dip
By Doug Carroll The headline on Thursday’s release from the National Association of Realtors might sound contradictory. “All-cash sales up while distressed sales and investors decline,” it reads. Investors are often buyers in all-cash home sales. How can cash deals … Continue reading
Posted in General Real Estate News
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Global Turmoil and Freakish Economic Data Play Havoc with Mortgage Rates
by Lou Barnes, Inman News A bizarre sequence of events and data has taken bond and mortgage yields to their lows of the year, the 10-year Treasury note 2.58 percent and mortgages near 4.5 percent. Ukraine is the largest immediate … Continue reading
Posted in General Real Estate News
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