Insights Email Newsletter: December

Click below to read my latest Insights Newsletter to read more about what’s going on in real estate and home lifestyle news. Featured articles this month include what makes the best neighborhoods, why people love the Nest thermostat, and how to improve the bottom line on your home appraisal. Access more articles by clicking on the image.

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December Insights Newsletter

My Featured Homes + Low Number Of Houses Prompts Record High Prices

 Denver Metro Happenings

 – Bunny Trail EggVenture at the Children’s Museum of Denver, April 19
 – Cherry Creek Sneak at Cherry Creek Shopping Center, April 27
 – Annual Cinco de Mayo Festival and Parade at Civic Center Park, May 3-4
 – Once at the Buell Theatre, May 6-18
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Featured Home, Tips & News

 

Low Number Of Houses
Prompts Record High Prices

Low inventory continues to be the predominant story of Denver’s housing market, according to recent statistics from Denver’s Metrolist, Inc. Metrolist reports that the number of homes on the metro market in March dropped a whopping 60% from the previous March. The number of condos for sale showed a similar drop of 59%. This reflects a further decline from February — 8% and 17% for homes and condos respectively.

Low inventory is driving prices, which have reached record highs. Homes sold for an average of $359,900 and condos $215,700 in March, an 11% and 12% increase, respectively, over 2013. This represents a rise over prices reported in February, which had already hit record levels. Read more.

More Real Estate, Home and Lifestyle Tips

(courtesy of RE/MAX of Cherry Creek and Guild Mortgage)

Prices rise for Denver metro homes.

 Denver Metro Happenings

 – Denver Home Show at the National Western Complex, March 14-16
 – St. Patrick’s Day Parade, Downtown Denver, March 15
 – Eat Drink Denver’s Must-Try Denver Restaurants for 2014
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Prices rise for Denver metro homes in February

The housing market continued to favor sellers in February, according to a recent report from Denver’s Metrolist. Metrolist reports that the average sold price in February was $332,600 for homes and $212,300 for condos. In addition to better returns on their properties, sellers enjoyed a brisk market. Read more.
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More Real Estate, Home and Lifestyle Tips

(courtesy of RE/MAX of Cherry Creek and Guild Mortgage)

For advice or a consultation, contact me:
Ken Malo
Work 303-331-4503
kmalo@rmcherrycreek.com

Ken Malo
Denver metro real estate market

Sold Home + Using A 401k Or IRA To Buy A House

Denver Metro Happenings

 – Colorado Garden & Home Show at the Convention Center, Feb.15-23
 – Denver Zoo Free Day, Feb. 20
 – Denver Restaurant Week throughout the metro area, Feb. 22-28
 – Free Day at the Denver Museum of Nature & Science, March 2
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Featured Home, Tips & News

 See the latest listings or search properties at my website.

Using A 401k Or IRA To Buy A House

This month, we feature our continuing series in which we answer common questions regarding the loan process. Today’s question: I would love to buy a house, but I’m having trouble coming up with a down payment. Can I use my retirement savings?

A. Yes. And given the current economic climate, many feel this can be a reasonable solution to the problem. …. Read more.

More Real Estate, Home and Lifestyle Tips

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For advice or a consultation, contact me:
Ken Malo
Work 303-331-4503
kmalo@rmcherrycreek.com

Ken Malo
Denver metro real estate market