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Old 03-31-2015, 04:54 PM
 
Location: Denver and Boston
1,701 posts, read 1,540,077 times
Reputation: 3469

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Quote:
Originally Posted by ShampooBanana View Post
A different source shows the following separated between resales and new homes:

Resale
Year YOY Increase
Current 12.8%
2014 8.6%
2013 11.2%
2012 11.0%
2011 -2.0%

New Homes
Year YOY Increase
Current 12.7%
2014 6.9%
2013 12.1%
2012 8.7%
2011 2.8%

Source: John Burns Real Estate Consulting
The 2014 8.4% number AmFest referenced was the Case Shiller number for the Denver Metro area, so it stands to reasons AmFest was asking for the Case Shiller 2013 Denver Metro number which Dave and I provided.

eta: We're #1!
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Old 04-01-2015, 08:02 AM
 
2,409 posts, read 2,642,553 times
Reputation: 1807
Quote:
Originally Posted by Robert5 View Post
We're #1!
We're #1!
We're #1!
We're #1!
We're #1!

By my calculation (I only spent 5 minutes on it so it could be wrong), Denver (8.4%) is now #1 out of the Case Shiller 20 over the past 12 months, just beating out Miami at 8.3%.




8.9%
Quote:
Originally Posted by davebarnes View Post
These are nominal numbers (not inflation adjusted):

Jan 2015 158.46 8.4%
Jan 2014 146.21 9.0%
Jan 2013 134.17 9.1%
Jan 2012 122.92 0.0%
Jan 2011 122.73

Charts at Case-Shiller for Denver-Aurora-Broomfield CO Metropolitan Statistical Area
Thanks! So it does look like the rate of change has slowed down a little bit ...
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Old 04-04-2015, 06:08 AM
 
Location: The Berk in Denver, CO USA
14,046 posts, read 20,375,828 times
Reputation: 22825
Default April is going to be insane

March Madness: Expensive home sales sizzle

"Meanwhile, the inventory of all home stood at 4,112 at the end of March. That is a 32.6 percent drop from the 6,098 active listings at the end of March 2014. Active listings rose less than 1 percent from the all-time low of 4,079 in February.
Overall, there was a 1.2-month supply of unsold homes on the market in March, according to DMAR.
There is less than a month supply of homes priced from $100,000 to just under $400,000."


I feel sorry for first-time buyers.
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Old 04-04-2015, 08:18 AM
 
2,409 posts, read 2,642,553 times
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If you look at the listed vs sold chart, it seems as though next month more homes will be sold than available at the beginning of the month. The busiest home busying season hasn't even started yet. Insanity.
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Old 04-04-2015, 01:05 PM
 
695 posts, read 806,658 times
Reputation: 511
Quote:
Originally Posted by davebarnes View Post
March Madness: Expensive home sales sizzle

"Meanwhile, the inventory of all home stood at 4,112 at the end of March. That is a 32.6 percent drop from the 6,098 active listings at the end of March 2014. Active listings rose less than 1 percent from the all-time low of 4,079 in February.
Overall, there was a 1.2-month supply of unsold homes on the market in March, according to DMAR.
There is less than a month supply of homes priced from $100,000 to just under $400,000."


I feel sorry for first-time buyers.
Next January, I'm listing mine at $399,999 and let the fun begin.
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Old 04-04-2015, 03:51 PM
 
Location: Just south of Denver since 1989
10,914 posts, read 29,415,494 times
Reputation: 7150
Why wait? Prices are pretty flat between November to January. Best time to sell & get the most $ is June to July.
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Old 04-05-2015, 10:58 AM
 
695 posts, read 806,658 times
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Quote:
Originally Posted by 2bindenver View Post
Why wait? Prices are pretty flat between November to January. Best time to sell & get the most $ is June to July.

I would, but I have business commitments through the end of next March and I'm not selling with the prospect of having to rent before I leave the state next year.
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Old 04-05-2015, 11:28 AM
 
2,409 posts, read 2,642,553 times
Reputation: 1807
Quote:
Originally Posted by JohnnyDenver View Post
I would, but I have business commitments through the end of next March and I'm not selling with the prospect of having to rent before I leave the state next year.
So you won't be JohnnyDenver anymore? What will you be? JohnnyDetroit?
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Old 04-05-2015, 12:05 PM
 
695 posts, read 806,658 times
Reputation: 511
Quote:
Originally Posted by AmFest View Post
So you won't be JohnnyDenver anymore? What will you be? JohnnyDetroit?
Johnny Hockey
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Old 04-05-2015, 12:36 PM
 
Location: Denver and Boston
1,701 posts, read 1,540,077 times
Reputation: 3469
I am thinking being a buyer agent must be brutal these days. I put a condo on the MLS friday, more than a dozen showings and 5 offers so far, all at or above list price. It seems to me it would be alot more work for buyers agents in this market, and a lower probability that they are ever going to get paid.
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