December 2006 - Posts

Denver Jobs and Real Estate Gets Boost from Boeing-Lockheed
11 December 06 07:26 PM | Steve Hewson | (Comments Off)   

The Metro Denver area is already moving in the direction of lower unemployment rates (Denver 4.2% and Boulder 3.6%). Now Boeing and Lockheed issued a press release stating they are forming a joint venture called United Launch Alliance (ULA) that will Read More...

Investor News: Colorado Apartment Vacancy Rates
11 December 06 07:23 PM | Steve Hewson | (Comments Off)   

We have previously reported declining multi-unit vacancy rates (6.7%) and increasing rents (up by 2.6% in the third quarter) in the Denver Metro Area (denverpost.com). Seeing an opportunity, larger buyers have moved into the Denver market from other states Read More...

Colorado Mountain Prices Moving Up
09 December 06 07:29 PM | Steve Hewson | (Comments Off)   

The values of Colorado Mountain homes and vacation real estate have been steadily rising. The prices in the upscale resorts of Aspen/Snowmass, Vail and Telluride have had dramatic increases, reaching new highs, and pricing some people out of those markets. Read More...

Colorado Has Distinction of Most Expensive Home in U.S.
08 December 06 07:53 PM | Steve Hewson | (Comments Off)   

Colorado has the distinction of having the most expensive home in the country ever listed for sale, according to reporter Al Lewis of DenverPost.Com. The Aspen, Colorado home is the mountain home of Saudi Prince Bandar bin Abdulaziz and his wife, Princess Read More...

Denver Real Estate Helped by Low Unemployment
08 December 06 07:34 PM | Steve Hewson | (Comments Off)   

Denver’s real estate market should be pleased with the most recent jobless statistics released today by the U.S. Department of Labor. The Denver area is reported to have a low 4.2 percent unemployment rate – less than the 4.5 percent rate Read More...

Contrarian Investing in Denver
03 December 06 07:38 PM | Steve Hewson | (Comments Off)   

Contrarian investors have long been noted as the wisest of all investors. They do it the right way - buy low and sell high. They invest when the market is all doom and gloom, the news media is negative, and the cost of their investment is at a low point. Read More...

Metro Denver Real Estate Statistics
03 December 06 07:37 PM | Steve Hewson | (Comments Off)   

The statistics for last month were released December 7th by Denver’s Metrolist MLS. The numbers show the inventory of unsold homes has declined steadily for the last 4 months and down 7.4% from the prior month. These numbers support the anecdotal Read More...