PAUL'S REAL ESTATE MARKET NEWSLETTER – SEPTEMBER 2015

Welcome to the September edition of the 2015 Denver Real Estate Market Newsletter.


My real estate newsletter is one of the best tools I have at my disposal to keep my friends and clients informed with the latest real estate market news and statistics. I take great pride in my newsletter and I hope you find it is informative, insightful, interesting and easy to read.

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I had planned to finish “Part II” of the article I began in last month’s newsletter about long term real estate trends, but I experienced a somewhat surprising, yet most welcomed September surge in my real estate business.  Summer may be over, but this market remains lively!  I will be completing the research needed to publish the article on Long Term Real Estate Trends in the upcoming October newsletter, so stay tuned!

For now, the vitally important market data section as well as the news articles I’ve collected for this month are included in this abridged edition of the newsletter.

Thank you for your continued readership and support of my real estate business.


Data Geeks – Need More Real Estate Data?

Use this link to view the Denver Metro Area real estate statistics (15 pages).  Highlights for Single Family Detached homes, comparing August 2015 to August 2014, are as follows:

  • Days on Market has decreased 23% to just 23 days
  • Active Listings or the number of homes for sale has decreased 4%
  • Average Sale Price has increased 10% to $405,863

 

Are you a data geek like I am?  Would you like to see more 2014 real estate data for the city in which you reside?  Use the links below:


Paul’s Facebook Page

Please ‘Like’ my Facebook business page.  Use this link to be redirected to ‘Paul Sobania – Real Estate’ and click on the ‘Like’ button (log in to Facebook.com if needed).


August 2015 Real Estate Market Trends

Chart from MLS for Sept NL


Denver Real Estate Market Trends

(Single Family Attached and Detached Homes)

DOM Aug for Sept NL

INV Aug for Sept NL

Average Sold Price Aug for Sept NL

NBR sales Cume Aug for Sept NL


Real Estate News

Denver area housing market summer selling season winds down Read More

Denver median home sale prices rise 14% in past year, biggest jump in nation Read More

Colorado home prices remain at all-time highs Read More

Fewer underwater homes in Denver Read More


Investor News

Denver apartment rent growth among highest in US Read More 


Economic News

Fed keeps interest rates near zero Read More

Yellen says Fed may raise interest rates in October (Video) Read More

 Colorado’s unemployment rate dips to 4.2% Read More 

 Consumer spending up; manufacturing, energy down in Colorado region Read More 

 Colorado booming? Thank the cities that planned ahead Read More 

Construction worker shortage raising costs of new projects Read More

Xcel Energy bills expected to drop significantly in coming months Read More 

Colorado pickup and SUV sales surge compared to last year Read More

Colorado gas prices fall $1 per gallon from a year ago Read More 


Other News

 Implosion impresses: Crowds watch as blasts bring down old CU health building (9News video) Watch Video 

Xcel loading up on solar power in Colorado Read More

Largest freshmen classes in history at CU and CSU Read More

Colorado among 10 states with highest population boom (Slideshow) Read More

Uber nearly catching taxis in Colorado ridership Read More 

DIA unveils new logo Read More

No more ‘use it or lose it’ vacation rules for Colorado employers Read More


THANK YOU FOR YOUR BUSINESS AND REFERRALS!

If you or someone you know is thinking about buying or selling a home, please let me know. It would be my pleasure to work with you or your referral. My commitment to my clients is to treat them with the utmost care as they work towards buying or selling a home. Referrals are the core of my business and are always appreciated.


Please call me with your real estate questions.  I’m always happy to help you navigate through this constantly changing real estate market!