Interest rates at the lowest rates since the 1950's!
Homes are more affordable than they have ever been!
SO....
Why are so many people renting and not buying? Home rental rates remain below 2%.
Home Rentals Near Records!
“Homes in this year’s first quarter were more affordable than they have been at any time in more than 20 years,' from the Article below -Nationwide Housing Affordability Reaches New Record High.
Housing Affordability Reaches New Record High
"many potential sales are not happening because of overly tight lending conditions that are keeping hardworking families from obtaining a suitable mortgage,” says Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. “Without this significant hurdle, the housing and economic recovery could be proceeding at a much stronger pace.”
Inventory shrinking and days on market are falling. The long winded talk of a "shadow inventory" appears to very over-hyped for the Denver Market or just close to BS.
The times they are a changin'.
Friday, May 25, 2012
Thursday, May 10, 2012
Denver Rents & Prices Rising, Foreclosures & Vacancies Falling

Trulia recently published the above national figures on rent increases and put Denver in the Top 10 and below Denver is also in the Top 10 of Price Increases.

Locally Rebchook reports on Colorado vacancies and forclosures
Check out Reebchook on Colorado Vacancies
Rebchook Apartment Vacancies
Check out Reebchook on Colorado Foreclosures
Rebchook Foreclosures
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