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Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
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With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
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Annual Home Sales in Denver Up for Third Consecutive Month
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
READY TO SPEAK TO A PROFESSIONAL?
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Annual Home Sales in Denver Up for Third Consecutive Month
HOW LOANRATEUPDATE WORKS
READ OUR DISCLOSURE
FILL OUT THE FORM
It all starts here. Select the loan product you want to apply for and complete the subsequent questionnaire.
WE VERIFY & TRANSMIT TO LENDERS
Once we receive your completed questionnaire we verify a couple vital pieces of information and direct your information to our network of lenders, all within minutes.
REVIEW YOUR OFFERS
With offers in hand you can now compare rates and costs and get the best possible deal. Comparison shopping made easy. You fill out one form and lenders compete for your business.
CHOOSE YOUR LENDER
Congratulations! With the great learning tools we provide for you at LoanRateUpdate and the offers you have received, you've found the right product and the best rate.
LOANRATEUPDATE IS NOT A LENDER OR A BROKER BUT WE HAVE LOTS OF FRIENDS WHO ARE
Pick the service you desire below
Annual Home Sales in Denver Up for Third Consecutive Month

November 11, 2011 (Shirley Allen)

Monthly home sales in the Denver area followed seasonal fall trends and declined as expected from August to September but remained above year ago levels for the third consecutive month according to real estate information provider DataQuick.

A total of 3,715 new and resale homes and condos closed escrow in the Denver-Aurora metro area in September. Sales were 11.7 percent lower than August, but were 19.3 percent higher than in September of 2010.

Home sales in the region typically decline 8.6 percent between August and September and were the second lowest on record for the month, only surpassed in futility by September of last year. Sales were 28.6 percent below the average for the month.

It was the third consecutive month that year-over-year sales have increased in Denver which follows on the heels of a 32.7 percent annual gain in August and a 7.6 annual gain in July. Despite the improved performance over the past three months, sales for the first nine months of this year are at the lowest level on record.

Cash buyers accounted for 26.5 percent of the purchases in September, up from 22.8 percent in August but down from 27.9 percent a year ago. Cash buyers paid a median price of $152,286 for the homes that they purchased during the month.

Absentee buyers, usually investors and vacation homebuyer’s, accounted for 25.1 percent of all homes sold in September, up from 22.5 percent in August but down from 28.4 percent a year earlier and they paid a median price of $144,000 for their purchases during the month.

The overall median price paid for new and resale homes and condos in September was $210,000, which was down 2.3 percent from August and also down 3.2 percent from September of last year.

The current median price is 15.2 percent below the peak median price of $247,569 in June of 2006.

Short sales accounted for 10.1 percent of re-sales in September. That was up from 9.4 percent in August and up from 9.0 percent of re-sales in September of 2010.

Tags: DataQuick, existing home sales, Denver, distressed properties, resale homes, condos, cash buyers, investors, median price

Source:
DataQuick

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
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Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
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November 11, 2011 (Shirley Allen)

Monthly home sales in the Denver area followed seasonal fall trends and declined as expected from August to September but remained above year ago levels for the third consecutive month according to real estate information provider DataQuick.

A total of 3,715 new and resale homes and condos closed escrow in the Denver-Aurora metro area in September. Sales were 11.7 percent lower than August, but were 19.3 percent higher than in September of 2010.

Home sales in the region typically decline 8.6 percent between August and September and were the second lowest on record for the month, only surpassed in futility by September of last year. Sales were 28.6 percent below the average for the month.

It was the third consecutive month that year-over-year sales have increased in Denver which follows on the heels of a 32.7 percent annual gain in August and a 7.6 annual gain in July. Despite the improved performance over the past three months, sales for the first nine months of this year are at the lowest level on record.

Cash buyers accounted for 26.5 percent of the purchases in September, up from 22.8 percent in August but down from 27.9 percent a year ago. Cash buyers paid a median price of $152,286 for the homes that they purchased during the month.

Absentee buyers, usually investors and vacation homebuyer’s, accounted for 25.1 percent of all homes sold in September, up from 22.5 percent in August but down from 28.4 percent a year earlier and they paid a median price of $144,000 for their purchases during the month.

The overall median price paid for new and resale homes and condos in September was $210,000, which was down 2.3 percent from August and also down 3.2 percent from September of last year.

The current median price is 15.2 percent below the peak median price of $247,569 in June of 2006.

Short sales accounted for 10.1 percent of re-sales in September. That was up from 9.4 percent in August and up from 9.0 percent of re-sales in September of 2010.

Tags: DataQuick, existing home sales, Denver, distressed properties, resale homes, condos, cash buyers, investors, median price

Source:
DataQuick

What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
Calculate how much you can afford
BUYING OR SELLING A HOME
IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makles it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS

November 11, 2011 (Shirley Allen)

Monthly home sales in the Denver area followed seasonal fall trends and declined as expected from August to September but remained above year ago levels for the third consecutive month according to real estate information provider DataQuick.

A total of 3,715 new and resale homes and condos closed escrow in the Denver-Aurora metro area in September. Sales were 11.7 percent lower than August, but were 19.3 percent higher than in September of 2010.

Home sales in the region typically decline 8.6 percent between August and September and were the second lowest on record for the month, only surpassed in futility by September of last year. Sales were 28.6 percent below the average for the month.

It was the third consecutive month that year-over-year sales have increased in Denver which follows on the heels of a 32.7 percent annual gain in August and a 7.6 annual gain in July. Despite the improved performance over the past three months, sales for the first nine months of this year are at the lowest level on record.

Cash buyers accounted for 26.5 percent of the purchases in September, up from 22.8 percent in August but down from 27.9 percent a year ago. Cash buyers paid a median price of $152,286 for the homes that they purchased during the month.

Absentee buyers, usually investors and vacation homebuyer’s, accounted for 25.1 percent of all homes sold in September, up from 22.5 percent in August but down from 28.4 percent a year earlier and they paid a median price of $144,000 for their purchases during the month.

The overall median price paid for new and resale homes and condos in September was $210,000, which was down 2.3 percent from August and also down 3.2 percent from September of last year.

The current median price is 15.2 percent below the peak median price of $247,569 in June of 2006.

Short sales accounted for 10.1 percent of re-sales in September. That was up from 9.4 percent in August and up from 9.0 percent of re-sales in September of 2010.

Tags: DataQuick, existing home sales, Denver, distressed properties, resale homes, condos, cash buyers, investors, median price

Source:
DataQuick

THINKING OF BUYING
A NEW CAR?


WE GIVE YOU THE INSIDE TIPS THAT
COULD SAVE YOU THOUSANDS.
What's the four square system? How much is your trade-in really worth and why those payments really do seem a little higher than you thought.
There's both advantages and disadvantages to leasing and buying depending on what you're planning to use your car for and how long you plan on keeping it.
Sure that low interest dealer financing sounds really attractive but there's a price to be paid for that. We spill the beans as to why getting your own financing may save you money.
Buying a car at a dealership hasn't changed much through the years but doing your research on the internet can you save you a lot of time and most importantly, a lot of money.
Calculate how much you can afford
BUYING OR SELLING A HOME IS A BIG DECISION
WE MAKE IT EASIER
Buying a home is a big decision. If you are not prepared, the decisions you make, the questions you don’t ask, and the details you miss could cost you thousands – in price, fees, financing, property issues, and home repairs.
Home loans can be confusing. There's a lot of options and we provide the information that makes it simple. Don't sign on that dotted line until you know. It could cost you.
FIND THE CREDIT CARD THAT'S RIGHT FOR YOU
THERE'S A CREDIT CARD FOR VIRTUALLY ANY SITUATION. FIND YOURS.
YOU'VE WORKED HARD TO BUILD YOUR DREAM

LEARN ABOUT THE LOAN OPTIONS AVAILABLE TO EXPAND YOUR BUSINESS