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Old 05-04-2014, 07:26 PM
 
Location: Rockport Texas from El Paso
2,601 posts, read 7,530,525 times
Reputation: 1579

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looking in many of the nicer or more popular neighborhoods near downtown -it looks like even average lookinghouses go for over $200 a sq foot. I guess if the market will bear it...
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Old 05-05-2014, 09:34 AM
Status: "Summer!" (set 22 days ago)
 
Location: Foot of the Rockies
87,014 posts, read 102,621,396 times
Reputation: 33082
Quote:
Originally Posted by Rust Never Sleeps View Post
The entire forum is opinion based? Not quite. There's at least one or two actual relevant facts in here. They are hard to find though among all the "mortgage obtaining, sheep to slaughter middle class" comments. All opinions are not equal. Some are well informed, sophisticated, and better supported in fact, logic and argument than your average brownie's blather.
Well, you could quit reading and posting! CD is as informed as the NPR message board, believe me!

Last edited by Mike from back east; 05-05-2014 at 07:20 PM..
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Old 05-05-2014, 05:33 PM
 
20,913 posts, read 39,195,706 times
Reputation: 19202
MODERATOR NOTES (5-5-14):

The topic of Real Estate is too widespread to keep in just one thread, THIS thread is reserved for the DISCUSSION and OPINION of the Real Estate market.


The posting of Real Estate DATA and CHARTS is found here.
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Old 05-07-2014, 01:15 PM
 
20,913 posts, read 39,195,706 times
Reputation: 19202
Article today says increased FHA fees are pricing some first time buyers out of the market. Has anyone seen that in the Denver market?


Excerpts:

"... a dental hygienist said she planned to purchase her first home with a mortgage backed by the FHA, whose mandate is to help lower-income buyers. ... she found out that the FHA since 2010 had more than doubled its mortgage insurance fees, adding $340 a month to her payments instead of $125 a month. That was a deal killer...."

"... FHA boosted its fees after a surge in defaults during the housing crash depleted its capital reserves. The increases, which have helped replenish the FHA’s coffers, have also prevented hundreds of thousands of first-time purchasers from getting FHA loans, ..."
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Old 05-08-2014, 01:13 PM
 
Location: Just south of Denver since 1989
10,915 posts, read 29,408,411 times
Reputation: 7144
Default 5280 Magazine real estate in Denver

While Denver’s problematic inventory numbers have complicated the market, there has been one upside: appreciation. Denver homes continue to gain value at a rapid rate.

Denver Real Estate 2014 | 5280
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Old 05-08-2014, 01:28 PM
 
Location: Just south of Denver since 1989
10,915 posts, read 29,408,411 times
Reputation: 7144
Five FHA mortgage premium increases since 2010. It's taking a toll.

Quote:
Originally Posted by Mike from back east View Post
Article today says increased FHA fees are pricing some first time buyers out of the market. Has anyone seen that in the Denver market?


Excerpts:

"... a dental hygienist said she planned to purchase her first home with a mortgage backed by the FHA, whose mandate is to help lower-income buyers. ... she found out that the FHA since 2010 had more than doubled its mortgage insurance fees, adding $340 a month to her payments instead of $125 a month. That was a deal killer...."

"... FHA boosted its fees after a surge in defaults during the housing crash depleted its capital reserves. The increases, which have helped replenish the FHA’s coffers, have also prevented hundreds of thousands of first-time purchasers from getting FHA loans, ..."
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Old 05-16-2014, 07:22 AM
 
254 posts, read 430,165 times
Reputation: 189
Here's a link to a brief video that made the national news regarding the housing market in the 'burbs: https://news.yahoo.com/blogs/nightli...133526528.html
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Old 06-16-2014, 08:16 AM
 
Location: The Berk in Denver, CO USA
14,043 posts, read 20,362,290 times
Reputation: 22820
Default Some homes sell in hours in Denver metro

Some homes sell in hours in Denver metro

"If you wait and ponder, there's five other families looking at that house and then it becomes a bidding war," said Broderick Jalloh, who was at another open house with his wife Sunday. "The house could start in your price range and the bidding war could take it out of your price range."
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Old 06-16-2014, 08:56 AM
 
Location: Denver, Colorado U.S.A.
14,174 posts, read 23,292,270 times
Reputation: 10428
Quote:
Originally Posted by ocean2026 View Post
looking in many of the nicer or more popular neighborhoods near downtown -it looks like even average lookinghouses go for over $200 a sq foot. I guess if the market will bear it...
In the Stapleton neighborhood, it's more like $250 per sq. foot. I'm sure it varies by neighborhood.
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Old 06-16-2014, 10:44 AM
 
Location: Washington Park, Denver
6,953 posts, read 6,563,224 times
Reputation: 7465
Quote:
Originally Posted by ocean2026 View Post
looking in many of the nicer or more popular neighborhoods near downtown -it looks like even average lookinghouses go for over $200 a sq foot. I guess if the market will bear it...
About the cheapest I see in Wash Park is $300. It can easily be over $600.

https://www.porchlightgroup.com/Prop...th-Vine-Street
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