Life Style Denver by Gretchen Faber

October 2011 Case Shiller Shows Strength in Denver Home Values

The S & P Case Shiller Home Price Indices were published yesterday for the period ending October 2011. Seasonally adjusted home prices, from September to October were up .5%.  Denver lagged only Phoenix in terms of non-seasonally adjusted figures at a drop of .2%.  Phoenix was the single city in positive territory, non-seasonally adjusted September to October. Overall, the national market was down 1.2% for the 20 City composite used by Case Shiller.  Denver continues to outpace the country, and the gap...Continue Reading!

S & P Case Shiller Report Ranks Denver Real Estate Market in Top 5

The S & P Case Shiller Report was issued yesterday and Denver was ranked in the top 5 housing markets at number 5. This report reflects September 2011 housing sales.  Year over year prices in Denver were down, with a 1.5% decline.  September 2011 prices were also down a little over August.  The Case Shiller Report lags by 2 months, and this is a snapshot of where we were 60 days ago. Denver has been consistently ranked in the top 5 housing...Continue Reading!

Denver Colorado Real Estate Statistics | May 2011

We're finally comparing Denver real estate sales this year with the time after the tax credit ended last year (for under contract properties.) The number of homes under contract jumped 23% from May of 2010.  This is the first month in 2011 where we're not comparing under contract data to the tax credit time of 2010. The average sale price for both single family and condo are up over 3%, reflecting stability in the market.  While the recent Case Shiller numbers for...Continue Reading!

Denver Real Estate – Double Dip, Single Dip?

Today's S & P Case Shiller Report proved interesting to more than just real estate junkies.  The highly-watched, monthly index of housing prices showed a double dip housing recession in many U.S. housing markets. Denver bucked the trend. Barely.  We're not in a double dip - this month.  At least not with this most recent report (showing data from March 2011.)  Denver prices were down 3.8% over March of 2010.  In February 2009, our low point, prices had fallen 5.7% over...Continue Reading!

Denver Real Estate Prices Rise 1.5% Since May

Denver real estate is in recovery. We're the baby sapling, taking root and growing strong. The thing is, we never totally crashed and burned like other cities did. Prices went down for sure and according to yesterday's S & P - Case Shiller Report, we've seen depreciation of 4.9% since this time last year. Compare that with Phoenix, down 35.3% year over year. Since last month, Case Shiller reports that Denver's prices have appreciated 1.5%. That's an awesome bounce.  Some analysts...Continue Reading!

Case Shiller Report Paints a Rosier Picture for Denver Real Estate

Yesterday, the S & P Case Shiller report on real estate was released. Denver was cited as one of 3 major metropolitan areas with a slight uptick in home values, in this case .1%.  While this may seem like a tiny bump, combine it with the Today Show appearance of Barbara Corcoran who placed Denver as the number 1 recovering city and the fact that houses in low to medium price ranges are getting multiple offers and you'll begin to see...Continue Reading!