Tag: selling real estate in Denver

Real Estate Term of the Day: Latent Defects

April 4, 2015

Real Estate Term of the Day: Latent Defects LATENT DEFECTS – flaws that are hidden but are apt to surface later. (Barron’s Dictionary of Real Estate Terms)  In a Colorado real estate transaction, a seller typically uses the Colorado Real Estate Commission approved Seller’s Property Disclosure to disclose material latent defects. The Seller’s Property Disclosure has 13 sections regarding … More Real Estate Term of the Day: Latent Defects

Quarterly Metro Denver Real Estate Market Update – Q1 2015

April 1, 2015

The average sales price for residential homes in metro Denver was $343,354 at the end of the first quarter of 2015. This is a 13.7% increase from the end of the first quarter of 2014. This average includes both detached & attached residential homes. For the first quarter of 2015, there were 14,804 residential homes … More Quarterly Metro Denver Real Estate Market Update – Q1 2015

Metro Denver Real Estate Market Segmentation Analysis – Feb 2015

March 31, 2015

The February 2015 Metro Denver Real Estate Market Segmentation Analysis has been released. The purpose of a market segmentation analysis is to define and subdivide a large homogeneous market into clearly identifiable segments having similar characteristics (businessdictionary.com). This segmentation analysis subdivides all of the sold homes (between January 1, 2015 to January 31, 2015) within 29 cities that comprise of Metro Denver. The analysis is further subdivided by … More Metro Denver Real Estate Market Segmentation Analysis – Feb 2015