Denver housing market breaks average home sale record — again – Denver Business Journal

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I think we want to let the market. break ground this spring and feature 25 condos reserved for people making 80 percent of area median income, exceeding city requirements for affordable housing in.

In Austin, Texas, which has been home to one of the hottest housing markets, Constructive ventures. revitalization efforts in growing cities like Denver and Washington, D.C., are also prompting.

DENVER BUSINESS JOURNAL – The average price of a single-family home in the metro continues to creep up, as it hit $543,059 in April. Another record-setting month, according to the Denver Metro.

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Denver’s most storied hotel has been sold for the second time in four years. Crescent Real Estate. a robust market for tourism and commercial business, Downtown Denver,” Crescent co-CEO Conrad.

Housing Sales slumped 8.5% from one year ago, the lowest sales since 2015. Prices still rose another 2.8% to a median of $247,500 nationwide. The real story was the drop in lower priced homes as depicted in this graphic from NAR. With low mortgage rates, it’s believed sales will once again grow. 60,000 more homes were on the market.

Austin-Round Rock had 2.7 months of inventory in July, down 0.2 months. The Real Estate Center considers six to 6.5 months of inventory a balanced market. Other highlights from the report include: Travis County single-family home sales increased by 4.6 percent to 1,641. Sales dollar volume rose 10 percent to $827.2 million.

In metro Denver, that “magic window” runs from May 1-15. Sellers who list in that period make on average 1.1 percent or $4,300 more on a sale. Homes sell six days. also seems to apply in the.

2016 was a pretty good year for most Charlotte-area companies’ stocks The stocks of 20 of 25 major Charlotte-area companies climbed in 2016, some of them sharply. Bank of America, the largest company in North Carolina, jumped almost 31 percent as interest rates started to rise, the bank trimmed jobs and investors anticipated easing financial regulations under the administration of President-elect Donald Trump.

After the San Francisco Bay Area, metro Denver experienced the largest apartment rent increases this decade. But plenty of new supply should put future rent gains closer to the national average,

Handlin, a residential developer, notes that single-family permits are running at only two-thirds their historical average, despite a record tight inventory of existing homes available for sale and ..

The average sales price of a single-family detached home in January was $490,932, almost a 10% increase from a year earlier. January 2018 Housing Market Report. Condos and other attached homes rose even more. The average sold price of a condo in January was $354,613, a 22.7% increase from a year earlier.