Good news for 14 neighborhoods named as "safe bets" to buy or sell in right now! This month's 5280 Magazine looks in-depth at various areas around town and the "dish" on up-and-coming areas by real estate insider's.
The Wall Street Journal's quarterly survey of housing market conditions in 28 major metro areas points to a continued downward pressure of prices in much of the country. Read the full article on The Brighter Side of Housing.
A monthly economic review produced by the Denver Newspaper Agency reported that Metro Denver home sales inched up 0.5% from January to February. The increased number of homes under contract might also suggest the Denver market could be re-gaining momentum.
Southshore, located in Southeast Aurora, is truly a must see community. Built in collaboration by Village Homes and John Laing Homes, the community was awarded National Masterplanned Community of the Year....a first for any Colorado community.
U-Haul International ranked Colorado as the top growth state for families, based on moves to and from states. Colorado had the highest percentage of growth, with 7.01% more families moving in than out of the state.
The case against trying to time the real estate market may not be that strong, as pointed out in a recent Time Magazine article. If you are emotionally and financially ready to buy a home, waiting another 12 months, assuming prices continue to drop, and interest rates are likely to raise, your monthly payment between now and then will remain the same. What are you waiting for, enjoy your new home now, and for the next 12 months vs waiting.
There is no doubt it is a challenging time for the housing industry. This blog was created to share and promote the GOOD NEWS behind the headlines; enabling our readers to make informed, confident decisions about buying and/or selling their home.