Tag Archives: Affordability

New Housing Fears: Home Prices Are Rising Too Fast

As a result, home prices are now rising more and faster than most analysts predicted due to this short supply, up 7.4 percent year-over-year in November, according to CoreLogic. They are especially surging in some of the hardest hit markets … Continue reading

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Denver metro home values expected to rise $21.4 billion in 2012

A new report shows that metro Denver home prices regained a big share of their value in 2012, and local analysts say 2013 should continue the trend. Metro Denver home values are expected to finish 2012 with a gain of … Continue reading

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Foreclosure Discounts Drying Up

As more investors vie for fewer foreclosed properties, prices are going up and great deals are getting scarce. Buyers of bank-owned homes in September got a 7.7 percent discount versus the same home in a non-distressed sale, according to a … Continue reading

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Keystone Real Estate: Should a buyer buy in a buyer’s market?

Seems like an obvious answer, doesn’t it? However, many buyers (or ‘potential’ buyers) are waiting to see if prices drop further than they already have — and prices already have dropped anywhere from at least 20 percent to as much … Continue reading

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Despite High Affordability, Renter Nation Reigns

More Americans are renting homes, and fewer are owning them; it’s not as if this is news to anyone who follows the U.S. housing market, but a new report from the Census Bureau today really put an historical exclamation point … Continue reading

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Homebuilders Say Market Positives Trump High Gas Prices

Sales of newly built homes are still stumbling along at historically low levels, but builders claim they are beginning to see the light at the end of a very long tunnel. Sales may not be surging back, but in some … Continue reading

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Housing’s New Hope

I’m not sure if it’s that usual New Year’s Eve optimism evoked by the generic philosophy that the grass is always greener on the other side of the calendar year, or perhaps the emotional need to dig ourselves out of … Continue reading

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State of real estate in South Metro Denver

You might have heard a bit about real estate and its continued struggles across the country, but all real estate is local. Based on that, the economics of real estate still apply. Interest and jobs still influence homeownership. While the … Continue reading

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Existing Home Sales Fall Less Than Expected

Sales of existing homes fell 3.8 percent in May, not as deep a drop as some had forecast, to a seasonally adjusted annual rate of 4.81 million units. April’s figure was revised down to 5 million. Potential homebuyers continue to … Continue reading

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Home Rentership Society

I spent this morning at a conference by Harvard’s Joint Center for Housing Studies. They released a survey showing one in four renters, low and middle income, are spending more than half their income on rent and utilities. That’s about … Continue reading

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