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Here are my latest properties, real estate news and tips. As always, thank you for your business and your referrals of people considering buying or selling a home.

 Denver Metro Happenings

The Denver Metro Parade of Homes, now through September 1st
Rocky Mountain Music Festival at Clement Park, August 10    
Rocky Mountain Folks Festival in Lyons, CO, August 15-17    
Stapleton Kids Triathlon at the Jet Stream Pool, August 17    
Maya: Hidden Worlds Revealed at DMNS through August 24    
 

Featured Homes, Tips & News

  

  

 See my featured homes or search properties at KenMaloDenver.Com
 
FOX Business: Mortgage rates tumbling, so why aren't you buying?
MarketWatch: Why mortgage rates haven't risen as expected

Forbes names Denver the 2nd best place to start a small business in 2014:
  1. San Diego, CA
  2. Denver, CO
  3. Austin, TX
"A new ranking by CNN/Money Magazine released this month, listing the nation’s “Best States to Retire” – showing Colorado as the No. 2 most ideal location in the country – rated way ahead of Sunny Cal & Florida. Nice weather is a factor, Money says – but also lower crime, better health care, & a more nurturing fiscal climate to make retirement dollars go further. The Colorado lifestyle appeals to a new generation of 55-plus buyers, 40% of them coming from out of state. They ski, hike and bike, and they like being close to Boulder for the shopping and the trails into the foothills.

 

Low Inventory Prevails In The Denver-Metro Housing Market

Inventory continues to remain low for homes in the Denver market, according to the latest data from Denver’s Metrolist.

According to Metrolist, the number of home listings in July dropped 3% for houses and 4% for condos from June to July, adding stress to an already tight market. Perhaps partly as a consequence, sold properties were down 11% and 10% for homes and condos respectively over the same time period.

There was little change in the number of days properties spent on the market. Houses spent an average of 27 days on the market and condos 26 days.

One tiny glimmer of good news for buyers is that the average sold price for condos dropped from June to July – but only by 1%. Prices for houses remained the same as the previous month. Read More.

More Real Estate, Home And Lifestyle Tips

(courtesy of RE/MAX of Cherry Creek)
 For advice or a consultation, contact me:
 

 Ken Malo

  Work  303-331-4503
  kmalo@rmcherrycreek.com
 
  


 
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3773 Cherry Creek N. Dr. #801
Denver, CO 80209

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