Realtor.com and Airbnb have teamed up to allow potential homebuyers to “live like a local” by experiencing a specific neighborhood before purchasing. Visitors to realtor.com will be able to book accommodations nationwide on Airbnb ranging from single-family homes to condos, lofts and other properties located near their desired neighborhood. “This collaboration with Airbnb reinforces our… [Read More]
Denver average home sales hit a record high in April: $402,302
Sellers listed a lot more homes in metro Denver last month, but not enough to prevent the average sales price for a single-family home from reaching a new high, according to a report Tuesday from REcolorado, the region’s multiple listing service. The average price for a single-family detached home sold in metro Denver went above… [Read More]
Lower Your Mortgage Insurance
Seasoned buyers, first-time buyers and refinancers will all be eligible toward the end of January to benefit from President Obama’s Thursday announcement that the FHA is going to chop 0.5 percentage point from its monthly mortgage insurance premium that is charged for using FHA financing. The annual mortgage insurance premium will drop to 0.85% from… [Read More]
April Report: What Is The Denver Real Estate Market Like?
March is the preview of the prime home selling/buying market: The following quote attributed to an unknown source says it best “Denver is normalizing. Inventory is steady, buyers are shopping, and sellers are ready.” The March 2011 month end inventory of unsold homes is at 19,320 units, up 3% from last month and down 6%… [Read More]
Just like Spring, The Denver Real Estate Market is slowly waking up!
Home resales in metro Denver were down 8.5% in February from a year earlier, following a similar year over-year decline in January, according to Metrolist Inc. As the housing markets are finding their sea legs after being propped up by the first time buyers government stimulus in 2010, we see consumer confidence slowly increasing just as… [Read More]
Colorado News – Home Sales increase!!
Home Sales Up 3.3% in February While February home sales were 3.3% higher than January, they were 3% lower than February 2010 in the 54 U.S. markets surveyed in the RE/MAX National Housing Report. This is the first time in four months that the year-to-year sales difference was not better than the previous month. However,… [Read More]