The overall statewide apartment rental market showed strength in the first quarter, with the vacancy rate for areas outside of Denver falling to 6.6 percent in the first quarter from 8.5 percent a year earlier, a 22 percent change. (For an earlier report, please visit Colorado rental vacancies fall )
But Colorado’s mountain communities, hammered by [...]
Denver-area home prices soared by 14%, shows NAR data obtained by [...]
“I don’t think they want to put all of this stuff on the market at once and just saturate it. I think they are just sitting on it.” Bobby [...]
If everything reverts to the mean, a Denver-area housing recovery could be in the cards in the not-too-distant [...]
“It’s just not possible for the housing market to recover fully until the inventory of foreclosed properties is significantly reduced…” Dave [...]
“We keep hearing about this shadow market, but this is the first real quantification I have heard of,” said Tom Cryer, a broker with the Kentwood Co. “This report takes the shadow market from being something of an urban myth, to something that really [...]
There appears to be a “shadow” market of homes, both distressed and otherwise, that are not on the market yet, and could ultimately delay the housing recovery. A survey by Zillow.com in May, for example, found that 31 percent of those polled would consider putting their homes on the market, if conditions were better. That [...]
There is a growing “shadow market” fueled by reluctant landlords who are unable to sell their homes in this tough market, an owner of a residential property management company told InsideRealEstateNews.com today.
“These are the people who are renting their homes by default,” said Robert Alldredge, owner of Jericho Properties Realty in Lakewood. These are people [...]