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North Metro Denver Real Estate News 2.13.17

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Colorado has 2 cities in nation’s top 5 for real estate agents
Two metro cities are among the dream-spots in the nation for real estate agents: Denver and Aurora, according to WalletHub. The report analyzed the nation’s 150 largest U.S. cities based on 14 metrics across two main categories:

1) Job opportunity & competition

2) Real estate market health

Denver came in at #3 overall, while Aurora came in #5.

Read article – Denver Business Journal

 

Mortgage Rates Are Holding Mostly Steady
Rates have mostly stayed flat the past three weeks, offering buyers a pause to what had been steadily rising rates. Freddie Mac reported the following national averages for the week ending Feb. 9:

* 30-year fixed-rate mortgages averaged 4.17%, with an average 0.4 point. Last year at this time, 30-year rates averaged 3.65%.

* 15-year fixed-rate mortgages averaged 3.39%, with an average 0.4 point. A year ago, 15-year rates averaged 2.95%.

Read article – Realtor Magazine

 

The U.S. Cities That Are Gentrifying the Fastest—You’ll Never Guess No. 1
A transformative force is sweeping through some cities like an economic tsunami. It affects lives and fundamentally alters neighborhoods. On the flip side, long-term residents can benefit, too—particularly homeowners. (Pan, 2017).

Read article – Realtor.com

 

Additional articles that you might find of interest:

The 12 Best Places to Call Home in 2017 (Denver is at 2!)

Read article – Realtor Magazine

Top 10 Moving Destinations in the U.S. (Denver is at 4!)

Read article – Realtor Magazine

Consumers More Optimistic About Housing

Read article – Realtor Magazine

The Do’s and Don’ts Of Flipping Houses

Read article – Realty Times

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