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North Metro Denver Real Estate News 3.6.17

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Home Price Expectations By State
Real estate agents expect modest price gains in home values over the next year. The median expected increase in home prices across the country is 3.5%.  Real estate agents are most bullish about rising home price expectations in Washington, Oregon, and Colorado. In these states, real estate pros believe they will see 4 to 5 percent increases in values over the next year.
Read article – Realtor Magazine

Mortgage Apps Surge as Rates Inch Lower

A slight decline in mortgage rates sent total mortgage application volume up 5.8% week-over-week on a seasonally adjusted basis, the Mortgage Bankers Association reported Wednesday.  Applications for home purchases rose 7%, while refinance applications increased 5%, reaching the highest level since December.
Read article – Realtor Magazine

Additional articles that you might find of interest:

Denver still among top 3 cities for home-resale price gains, says Case-Shiller report
Read article – Denver Business Journal

Denver apartment rent prices rise in past year and in February
Read article – Denver Business Journal

First in a series of construction defects measure dies at the Capitol
Read article – Denver Post

Colorado is a challenging market for first-time homebuyers to crack
Read article – Denver Post

REcolorado and IRES stop sharing data
Read article – Denver Post

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