Tag Archives: Economist

Denver home prices just 4.5 percent below ’06 peak

Denver’s home values are only 4.5 percent below their peak levels in 2006, according to the SP/Case-Shiller Home Price Indices and accompanying analyses released this week. Low interest rates and limited inventory helped lift Denver home values 9.2 percent in … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

More Coloradans paid off home loans in 2012

 The number of home loans paid off in Colorado was up 49.1 percent from the fourth quarter of 2011 to the fourth quarter of 2012, and they were also up 29.4 percent measuring the full year of 2012 compared to … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , | Comments Off

Apartment Demand Ebbs as ‘Avalanche’ of New Units Open

One of the biggest upsides to the downturn in housing has been a surge in demand for apartments. Whether burned by foreclosure or afraid of losing money in homeownership, Americans have run in droves to rent. That resulted in a … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Home prices rise

Home Sales A home is advertised for sale in the Hollywood section of Los Angeles. U.S. home prices are making slight gains, an industry group reported Tuesday. (AP PHOTO/DAMIAN DOVARGANES) Posted: Wednesday, August 29, 2012 4:00 am Home prices rise … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Home prices fell in December in most US cities

Home prices fell in December for a fourth straight month in most major U.S. cities. The Standard Poor’s/Case-Shiller home-price index showed prices dropped in December from November in 18 of the 20 cities tracked. The steepest declines were in Atlanta, … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Plunging Mortgage Rates Won’t Juice Housing

The one positive in all the uncertainty surrounding the nation’s debt was a plunge in Treasury yields, which in turn sent mortgage rates to record lows. The 30 year fixed hit a near-low of 4.45 percent last week from 4.57 … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Mortgage Interest Deduction Big in Budget Play

It’s not like the housing market needs any more headwinds, so here’s the government potentially giving us another: The mortgage interest deduction is back in big play in the budget deal. It never exactly came off the table, but the … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Can Lack of Inventory Save Housing?

The current supply of homes on the market is the best indicator of the future health of the housing market. Let me say that again: Inventories matter. Despite the fact that inventories of newly constructed homes fell to a 7.3 … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Zillow says 41% of metro Denver homeowners underwater, but experts doubt that

Real-estate website Zillow.com on Monday said the number of metro-area homeowners who are “underwater” — or owe more than their homes are worth — is at an all-time high. The website also reported that metro Denver home values fell 9.6 … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off

Commercial Market Exceeds Forecasts

Meanwhile, mortgage defaults for office, retail, and industrial building loans are decreasing for the first time since 2005 in the fourth quarter. Real Capital Analytics economist Sam Chandan expects they will fall even further, adding that the “worst-case scenarios have … Continue reading

Posted in Denver Real Estate News | Tagged , , , , , , , , , , , | Comments Off