Why Real Estate Closings are taking longer!

After settling back around 46 days, the time to close a loan is starting to tick higher again, getting close to this year’s high, according to the latest Origination Insight Report from Ellie Mae. The most recent report stated it took 49 days on average to close a loan in November. Separated out, time to close came… [Read More]

Average metro Denver condo price approaches $300K

Average metro Denver condo price approaches $300K, led by hot luxury market (Photos) The average price of attached homes, or condos and townhomes, in metro Denver crept closer to the $300,000-mark in November, increasing by 7.4% year-over-year to $296,919, according to DMAR. The median price for an attached home in November was $249,312, a 12.8%… [Read More]

Colorado housing market: Highly ranked and improving, says Freddie Mac

Colorado housing market: Highly ranked and improving, says Freddie Mac Colorado’s housing market is one of the country’s top-ranked markets and also one of the U.S.’s improving markets. That’s according to a new report by Freddie Mac, which indicates Colorado scored high in its latest Multi-Indicator Market Index (MiMi). Colorado ranks No. 2 nationally, only… [Read More]

Real Estate in 2017: What To Expect

Real Estate in 2017: What To Expect Word to know: Surban – Suburbs are incorporating urban amenities like pedestrian-friendly shopping areas, general walkability, and entertainment options. This new type of suburbia also has a new name: Surban. Housing preference to know: the Move-Up – Many millennials are skipping the starter home altogether and are focusing… [Read More]

The Garage May Be a Big Selling Point

The Garage May Be a Big Selling Point More buyers are house-hunting with garages in mind. Twenty-four percent of homes built in 2015 came with space for three or more cars in the garage – the highest share since the Census Bureau started tracking large garages in 1992. In fact, home builders are now constructing… [Read More]