Elbert County Ranches

2017 Year End Stats

Inventory  tells the story. While our prices rose again in 2017, inventory continues to fall.  Supply and demand is driving our market, still making it tough if you are a Buyer. While the new housing market is trying to fill the gap they are constrained by available lots and labor to build.  Average build times…

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No Relief in Sight for Home Inventory

While the appreciation in home pricing has moderated some, the low inventory still remains an issue.  The Denver Business Journal reported that in December there were only 3,854 total listings, a reocrd low in the Metro area.  The Average home sold reached $434,087, a record high.  57,788 total homes closed in 2017, beating 2016 record…

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2017 – 8.31% Average Home Price Appreciation in Denver Metro

The stats are in, another banner year for Colorado real estate values.  The Denver Metro MLS, the largest MLS in the state reported 8.31% appreciation in the average home price through November 2017.  The  average price of a single family home now stands ar $479,192.00 New construction starts are anticipated to be 13,000 in 2018. …

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Wire Fraud- Important Buyer Information

Subject: Wire Fraud Info My preferred lender, Cindy Emerine of Milestone Mortgage, sent this over today.  Important to be alert!!!   Hackers are gaining access to client’s email systems and/or settlement agent email systems and obtaining pertinent details of the borrower’s upcoming closing.  The hacker is then sending an email to the borrower, posing as…

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Denver Metro Home Prices Continue Steady Climb in June

GREENWOOD VILLAGE, CO – July 7, 2017 – The latest data from REcolorado, the provider of REcolorado.com, a free home search site for Colorado home buyers, sellers, and renters, indicates the average price of a single-family home is continuing to rise, as demand remains strong. The average sale price of a single-family home climbed above…

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Feburary Market Trends- 2017 Denver Metro Real Estate Market

Active listings in the residential market (single family and condos) dropped 6.47 percent to 3,989 last month, which represented an all-time low for any January on record – and only the second-time active listings have dropped below 4,000. The number of sold listings in January decreased by 33.21 percent compared to the previous month. According…

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