Update on Denver’s Million Dollar Home Market….Looking Up

“I think a lot of people are seeing there are deals out there to be had,”

Anyone looking for a luxury home in the Denver, CO area can be assured of bargains galore.  A recent article about million dollar homes in Denver speaks to the fact that, while high-end sales seem to be bouncing back in the Denver metro area, many buyers are still finding great discounts on these homes.  Jumbo interest rates have also come down in recent months, which makes the million dollar mortgages much more affordable.

Search Denver CO homes for sale over $800,000 and see which of the 1,700+ results is your dream home!

Perhaps it’s this $22-million estate in Parker CO with 50,000 square feet, 11 bedrooms, 24 bathrooms, 10 fireplaces, and 16-car garage?  Call us if you’d like to schedule a showing 😉

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Denver is 3rd Ranked Housing Market

The Colorado Division of  Housing posted a blog about two recent reports that both show Denver with “… increasing home prices (that) supports a conclusion that home prices in Colorado and in the Denver area are increasing, and outperforming many metropolitan areas throughout the United States.”

The first report, the Standard & Poor’s Case-Shiller Home Price Index, showed that Denver’s home prices increased between November 2008 and November 2009.  Of the 20 cities included in the index, only Denver, Dallas, San Diego and San Francisco posted annual increases, with Denver 3rd on the list.

A Colorado Association of Realtor study, based on completed sales in December 2009, shows an 18% increase from the previous December.

Read the full article here.

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