PAUL'S REAL ESTATE NEWSLETTER–DECEMBER 2014 EDITION

Welcome to the December edition of the 2014 Denver Real Estate Market Newsletter.


WISHING YOU THE MERRIEST OF CHRISTMASES!
 
Jenny, the girls and I wish you and your family a Merry Christmas and a Happy New Year!  May the new year be blessed with peace, health and happiness.
 Sobania 2014-005-1 cropped

HOUSING OUTLOOK 2015
 
The housing outlook is bright in 2015!  Denver is expected to be among the top housing markets in the U.S., with a predicted 14% increase in sales.  Read More
Key factors for a strong real estate market in the new year:
  • Strong job growth: Denver’s unemployment rate is low, just 3.6% in October 2014
  • Loosening credit standards: Buyers, especially first time home buyers, have better access to credit
  • Continued low interest rates:  today’s interest rates hover in the very low 4’s
  • Improving consumer confidence:
    • Improving household finances amid stronger job gains and lower gas prices
    • Consumer sentiment improved to levels not seen since July 2005

FACEBOOK AND PAUL’S MOBILE REAL ESTATE APP


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).
 
Search homes for sale on your smart phone or tablet using my home search app.  Log in to the iTunes Store or Google Play and download the Keller Williams app.  When prompted, type in the code ‘KWKB85L’.  For simple downloading instructions use this link, www.PaulMobileApp.com.  
 

 


 
NOVEMBER 2014 REAL ESTATE MARKET TRENDS
 
November Stats Chart
 

 
DENVER REAL ESTATE MARKET TRENDS
DOM Nov for Dec NL
Inventory Nov for Dec NL
Avg Price Nov for Dec NL
Nbr Sales Nov for Dec NL

REAL ESTATE NEWS
Move-up home sales strong Read More
Denver needs more homes to sell  Read More
Denver-area home listings fall to record low  Read More
Metrolist, Denver’s multiple listing service, changes names to REColorado   Read More 

 
MORTGAGE NEWS
Lower down payments, 3%, now available to qualifying first-time homebuyers  Read More
U.S. Fed announces slow approach to interest rate increases in 2015  Read More

INVESTOR NEWS
 
Lone Tree apartment building, the Vue at RidgeGate, sold for $67.8 million Read More
Denver among 10 least affordable rental markets in U.S. Read More

ECONOMIC NEWS
 
Consumer sentiment jumps to its highest level in more than eight years!    Read More
Colorado unemployment drops to 4.1%  Read More
Strong November retail buoyed by rising consumer confidence  Read More
Downtown Denver sees economic expansion and job growth  Read More
Southwest Airlines boosts flights to DIA, hires 50 in Denver  Read More

OTHER NEWS
 
Castle Rock is the fourth best community in the nation for raising children  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.
 
Free Real Estate Tools
 
When searching for homes for sale anywhere in the Denver metro area use this link, Interactive Map-Based Home Search. This interactive, map-based home search tool makes looking for homes fun and easy. If you are interested in a specific neighborhood, whether it is your current neighborhood or the one you hope to move to someday, this site can send you e-mail notifications when new homes come onto the market. Happy home searching!
 
Please call me with your real estate questions.  I’m always happy to help you navigate through this constantly changing real estate market!