Denver, the Mile High City, is known in large part for its breathtaking views and a wide variety of outdoor activities. According to the U.S Census Bureau, Denver had a population of 716,492 in 2018. It has one of the largest downtowns in the U.S and is a popular tourist destination. If you are one of the many who is interested in Denver real estate, consider the following market data.
According to Zillow, home values in Denver have increased by 0.2 % over the past year. This data set also includes a projection that home values in this city will continue to increase by 2.2% by the end of 2020.
Dever, CO Profile:
Below is a quick market summary of Denver, CO as of 2019:
Realtor.com found that as of December 2019, Dever is a buyers market because there are roughly more active homes for sale than there are buyers.
Are you ready for a new home in Denver, Colorado? With so many reasons to consider the Mile High City as your future hometown, Denver is the perfect place to start your search this year.
With 2020 in full swing, now is an ideal time for a real estate market update on Charleston, South Carolina, one of America’s most beautiful cities. Founded in 1670, Charleston is both the oldest and largest city in South Carolina. As a popular tourist destination, Charleston offers scenic waterfront properties, historic buildings, delicious southern cuisine, and much more. To help you get started with your research on Charleston, SC, we gathered important market data from two leading online databases.
Zillow is the leading online real estate database. According to Zillow, home values in Charleston have increased by 0.8% over the past year. This data set also includes a projection that home values in this city will continue to increase by 0.4% by November 2020.
Zillow Charleston, SC Profile:
Below is a quick market summary of Charleston, SC as of 2019:
According to Realtor.com’s Top 10 Hot Housing market list, the region of Charleston-North Charleston ranked #9 on the 2020 housing forecast. This ranking demonstrates the strong strong local economy of this region, as well as available inventory at entry-level price points.
Are you ready for a new home in Charleston, South Carolina? With so many reasons to consider this charming city as your future hometown, Charleston is the perfect place to start your search this year.
If you're looking to save money on purchasing a house, foreclosures are a great way to go. However, even if you find the property for free (which you can do on USHUD.com) there are still very costly mistakes that most people make when buying a foreclosure.
Read more: 5 Costly Mistakes When Buying Government Foreclosures
REO stands for "Real Estate Owned" and is the term that the mortgage holder uses to identify homes that they have foreclosed on and they are holding in their inventory.
Before a house is foreclosed on, vacated and becomes a REO listing it is considered a pre-foreclosure. Pre-Foreclosures are historically bad investments for a number of different reasons:
HUD homes, once the most numerous foreclosure homes on the market, were reduced in the past several years with the sky rocketing popularity of sub prime mortgages.
As sub prime mortgages provided even lower down payments or in many cases no down payments the homebuyer that would have utilized an FHA mortgage moved to a sub prime mortgage. This has greatly reduced the amount
