Denver is ‘Most Improved’ U.S. Housing Market, Businessweek Says: Denver is the “most improved U.S. housing market,” according to a new report from Bloomberg Businessweek. “In Denver, the economy and employment slowed just as other areas did during the recession, but things appear to be moving in the right direction this year,” the report says. read more here
Mortgage Applications Rise 9% After Rates Fall: WASHINGTON—Applications for mortgages rose last week as consumers refinanced their loans at the lowest rates in more than 50 years. read more here
Denver-Area Home Resales Up 20% in May From 2009: Even though federal homebuyer tax credits expired April 30, they continued to boost the Denver area’s home resale market in May, according to Metrolist Inc. data released June 8th. read more here
Denver-Area Luxury-Home Sales Jump 62%: Denver-area sales of homes priced at $1 million or more jumped 61.8 percent in May from a year earlier, according to Coldwell Banker Residential Brokerage‘s monthly report on high-end sales. read more here
19% of Denver-Area Employers Plan Q3 Hiring: Nineteen percent of Denver-area employers plan to hire in the third quarter, while 8 percent expect to cut their payrolls, according to a new quarterly survey by Manpower Inc. read more here
Denver Home Prices Up 4.4% From 2009, Case-Shiller Index Shows: For the sixth month in a row, home prices in the Denver area showed a 4.4 percent year-over-year increase in April, and prices also rose 1.7 percent between March and April, according to the latest S&P/Case-Shiller Home Prices Index, released June 29th. read more here
Juju.com: Denver Improves a Notch in June Among Best Cities for Job Seekers: Denver is in 10th place among 50 large U.S. cities in the latest ranking of the best markets for job seekers by career search engine Juju.com. read more here
Portfolio.com: Colorado Has 3 of Nation’s Top 10 Mid-Sized Business Markets: Colorado has three of the nation’s top 10 mid-sized markets for business, and Boulder ranks No. 1, according to a report Wednesday from Portfolio.com. Fort Collins places third, and Colorado Springs seventh, says the national business news website. read more here
Greeley Ranks Among the Nation’s Top 10 Great Places to Retire: According to the July/August issue of Where to Retire magazine. “Convenient to Denver and Rocky Mountain National Park, Greeley is a college town with an active arts and music scene and offers lower housing prices than common in some other areas of the state,” according to the article. read more here
Thank you to Jim Renshaw at Land Title for compiling this good news for the Denver-Metro area.
Michelle A. Potter, Denver & the Burbs REALTOR
The Berkshire Group REALTORS
303-489-4035
