Banks not dumping homes in Denver

January 25, 2011

Much of the increase in inventory is due to foreclosures and short sales, in which banks are willing to take less than the mortgage amount when the house trades hands. But he said banks aren’t willing to take huge haircuts… Read More »

Denver homes selling at all price points

January 25, 2011

Niederman said part of the reason might because owners of expensive properties last year slashed prices in order to sell, changing the mix of home closings. “That could be part of it,” Niederman said. “The best thing, which we didn’t… Read More »

Double dip unlikely in Denver

January 25, 2011

But top real estate officials in Denver do not see that in the cards. “The numbers (from Case-Shiller) don’t look that bad,” for Denver, said Peter Niederman, CEO of the Kentwood Co. “Again, we already know how Denver did in… Read More »

Case-Shiller ranks Denver sixth

January 25, 2011

Overall, the Denver housing market showed a 2.5 percent decline last November from November 2009, compared with a 1.6 percent decline for all metro areas. However, there were huge swings. Atlanta showed a 7.9 percent drop and Washington, D.C. was… Read More »