The January 2015 Case-Shiller Index has just been released. You might be asking yourself, what is the Case-Shiller Index and why all the fuse? I’ll explain the importance of the Index and why we do make so much fuse about it. The Case-Shiller Index is a compiled analysis of matched-price pairs that analyzes the rate of change … More The January 2015 Case-Shiller Index Has Just Been Released
What is the Case-Shiller Index? A recent article by the Denver Business Journal explains the premise of the Case-Shiller Index and a list of year-over-year price changes in Denver in the recent years.. When we as REALTORS look at factoring pricing appreciation/depreciation this is one of the most trusted sources of values that we use. … More UPDATE: What is the Case-Shiller Index?
I recently attended a Metro Denver 2012 Economic Forecast presentation titled “Remodeling the Economy” put on by Patricia Silverstein. Patricia serves as the consulting chief economist for the Metro Denver Economic Development Corp. and the Denver Metro Chamber of Commerce. In these roles, she compiles, interprets, and forecasts economic and demographic data for the Denver … More 2012 Metro Denver Economic Forecast
The #1 question I got asked over the holidays: “How is the real estate market?” My answer is: Opportunistic If you are a Buyer: You have a great chance to lock in on historic low interest rates. According to Freddie Mac’s Primary Mortgage Market Survey®, the average interest rate on a 30-year fixed mortgage was … More The #1 Question I Was Asked Over the Holidays…