We closed on both Vrain units this past week.
Thanks again to everyone that was involved in this project. It has been a fun one!
Now we are ready to start shopping for our next project. :)
Saturday, January 25, 2014
Monday, January 20, 2014
Denver Post predictions for RE in 2014
Denver Post's article yesterday cited several "local experts" all pointing to another strong, but more balanced real estate market in 2014. The entire article can be found here:
An interesting note at the end of the article, pointed to 5 strong neighborhood attracting buyers - they are:
- City Park
- Skyland Neighborhood
- Wadsworth corridor south of I-70
- Kipling Street nort of US6
- Applewood Valley
Why? What do these homes have in common?
- they have an older housing stock that needs updating
- they have direct routes into downtown or are close to the mountains
- they are all neighborhoods with character
As an investor and real estate broker, I agree ... these are all great neighborhoods!
Sunday, January 19, 2014
Year End Real Estate Statistics
Your Castle Real Estate (YCRE) has analyzed the year end data provided by Metrolist.
The following chart shows that the inventory in the local market is still limited but the average sold price of residential homes has increased by 7% in the last 12 months.
In addition, YCRE looked at the performance of specific geographic areas.
Here is a summary of the increase of sales from 2012 to 2013 in these local municipalities.
Let me know if you would like the data for another area.
 |
| Data provided by Metrolist, analysis by YCRE, copyright 2014 YCRE,Inc. |
Subscribe to:
Comments (Atom)