The median price for a single-family home in Denver was $510,000 in July, up about 6 percent over last year. But in a sign of a shift — however slight — toward a buyers’ market, sellers were getting 99.3 percent of what they were asking, compared to 100.3 percent last year, according to the latest monthly data report released Monday by...
Lakewood residents voted for a measure aimed at limiting development Tuesday. Ballot question 200 was approved by approximately 53 percent of voters, with the remainder voting against it. The ordinance seeks to limit development in the city by capping new housing projects at 1 percent of the city's current housing stock. "As REALTORS®, it’s our job to ensure housing remains as attainable as...
By Kelcey McClung – Reporter, Denver Business Journal May saw both a slight bump in inventory and a minute decline in median price of homes for sale in Denver, according to the Colorado Association of REALTORS®. Both the median and average price of a single-family residence in the seven-county metro area dipped less than one percent from April to May – $435,000 and $515,204,...
The Internet has transformed how consumers shop for a wide variety of goods and services, but many issues remain unresolved when it comes to marketing homes online. About half of real estate agents appreciate that they can get their listings out to thousands of potential buyers via national websites, said Steve Murray, CEO of Castle Rock-based REAL Trends, during a Denver...