May, 2017
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Pending home sales were down slightly in March, a by product of continuing low inventory and high demand. |
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The average sales price for April single family detached homes came to $471,145 and $312,320 for Condos and Town-homes. This is a study increase month over month since the beginning of the year. (Data provided from REColorado for Aurora, Northglenn, Westminster, Lakewood, Thornton, Arvada, Englewood, Edgewater, Centennial, Littleton, Bloomfield, Denver, Golden, Lone Tree) |
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In my last issue I talked about the top 5 factors driving our hot housing market. Two of the reasons mentioned were people moving here and job growth. I happen to have a home for rent here in Englewood, CO and after renting this home since 2004 I have never had so many out of state applicants. Many of them flying in for the week to buy or rent in the short week they are here. Although not a representative sample, my everyday life seems to be evidence coinciding with the report I posted last month entitled “Is the Denver Real-estate Market in a Bubble?”. |
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Last but maybe least on my list is a Spring Cleaning checklist. Items I will realistically never get to, but maybe you are more on top of spring cleaning then me! 🙂 Happy Winter (I mean Spring!) |