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Old 08-26-2014, 06:52 AM
 
Location: Berkeley Neighborhood, Denver, CO USA
16,273 posts, read 24,926,042 times
Reputation: 28596

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Negative home-equity rate falls to 9.7% in Denver
Negative home-equity rate falls to 9.7% in Denver - Denver Business Journal

"Metro Denver's negative equity rate has fallen 70 percent since its peak in 2011, and the cumulative amount of negative equity in the area as of the end of the second quarter was $5 billion."

there is more
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Old 08-26-2014, 08:04 AM
 
Location: Berkeley Neighborhood, Denver, CO USA
16,273 posts, read 24,926,042 times
Reputation: 28596
Default Pace of home price gains slows in Denver, says Case-Shiller

Pace of home price gains slows in Denver, says Case-Shiller report
Pace of home price gains slows in Denver, says Case-Shiller report - Denver Business Journal

"Sale prices of existing homes set a new all-time record in the Denver area in June as they have for the previous three months. But Denver's year-over-year price gain was 7.7 percent, the smallest increase since October 2012."
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Old 09-03-2014, 08:05 AM
 
Location: Berkeley Neighborhood, Denver, CO USA
16,273 posts, read 24,926,042 times
Reputation: 28596
Default CoreLogic: State's homes rise 8.2% (July 2014, YoY)

Colorado's home prices up 8.2% | Inside Real Estate News

"The report tracked single-family homes that included distressed properties. When distressed properties were excluded, Colorado home prices rose by 7.3 percent, compared with 6.8 percent nationally."

There is more.
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Old 09-07-2014, 02:35 PM
 
39 posts, read 68,033 times
Reputation: 91
Quote:
Originally Posted by davebarnes View Post
Price hikes slowing, but Denver housing's on the verge of unaffordable - The Denver Post

"Price hikes slowing, but Denver housing's on the verge of unaffordable

The purchase of a median-priced home in Denver consumed 33.64 percent of median household income in May, above the historic average of 32.12 percent measured since January 2000."

Yep, like I said before it's not sustainable at the current pace.
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Old 09-07-2014, 08:02 PM
 
Location: Just south of Denver since 1989
11,563 posts, read 31,716,374 times
Reputation: 8304
Until inventory is above !7,000, prices will continue to rise. Rising mortgage rates will give pause to the market.

There is normally a pause in August. Things ramp up again from now to the week before Thanksgiving.
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Old 09-08-2014, 12:22 PM
 
Location: Berkeley Neighborhood, Denver, CO USA
16,273 posts, read 24,926,042 times
Reputation: 28596
Default Cooling?

DMAR: Home sales cool in August
DMAR: Denver home buying opportunity | Inside Real Estate News

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Old 09-08-2014, 01:13 PM
 
Location: Just south of Denver since 1989
11,563 posts, read 31,716,374 times
Reputation: 8304
Ah, but

The average price of a home sold in August was $371,805, down 1 percent from the record $375,772 set in July, but up 7.93 percent from $344,500 in August 2013.

The median price of a single-family home was $312,000 in August, up 9.47 percent from $285,000 in August 2013, but down 0.95 percent from $315,000 in July.

DMAR: Denver home buying opportunity | Inside Real Estate News
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Old 09-08-2014, 02:37 PM
 
170 posts, read 213,684 times
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Part of the slowdown in sales can be attributed to the drop of inventory of homes available since last year.
From the article
There were 8,119 active listing on the market in August, a 23.31 percent drop from the 10,587 in August 2013 and down 2.15 percent from the 8,297 in July. To put that into perspective, there were 31,664 active listings on the market in August 2006.

Meanwhile, 5,685 new listing entered the market in August, a 15.8 percent drop from the 6,758 new listings in August 2013 and a 14 percent drop from the 6,613 added in July.
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Old 09-08-2014, 07:52 PM
 
91 posts, read 161,935 times
Reputation: 138
Quality of Inventory also a factor. End of Summer, end of selling season etc.
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Old 09-11-2014, 11:03 AM
 
Location: Berkeley Neighborhood, Denver, CO USA
16,273 posts, read 24,926,042 times
Reputation: 28596
Default Condo prices higher than ever

Downtown Denver condo prices soar | Inside Real Estate News

"Downtown condo prices have hit all-time highs with no slowdown in price appreciation in sight, while at the same time sales are slowing because of a lack of inventory"

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