Denver - Colorado Real Estate Info Bank
Denver Houses

Denver Financial Statistics
Median household income (per year)	$46,558
Income change over time (increase since 1990)	66.74%
Sales tax	7.06%
State income tax rate (lowest bracket)	4.63%
Auto insurance premiums (average for the state)	$876
Denver Housing
Median home price	$216,337
Home price gain (2-5 year gain)	5.22%
Denver Education
Colleges, universities and professional schools (within 30 miles)	27
Junior colleges and technical institutes (within 30 miles)	18

No. Bedrooms	May-Jul '07	Feb-Apr '07	May-Jul '06	May-Jul '02
2 bedrooms	$251,182	$230,208	$245,255	$215,544

Denver Real Estate Market Report
by Bonnie Cox - July 23rd 2007

According to a recent article in the Denver Post, the Office of Federal Housing Enterprise Oversight reported that the price of Colorado homes appreciated only 3.3% from the first quarter of 2006 through the first quarter of 2007. In contrast, the national real estate market saw an average appreciation of 4.6% during the same time period. While Coloradoans enjoyed an average statewide 3.3% increase, which was brought on by a real estate boom in the mountain towns and Grand Junction, the Denver metro area experienced a 4.2% price decline in 2006.

There is a bright side to all of this. Colorado's robust economy has spawned a healthy employment market with high-paying jobs, which will eventually aid the real estate market's recovery. In addition, since Colorado never saw the huge gains that were common in other parts of the country in recent years, the market is more stable. The good news is that experts predict up to a 10% home price appreciation in the coming years. If you are planning a Denver relocation or simply have been fence sitting, there may not be a better time than the present to buy that new home.

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Still Good News for Buyers in Denver Market
by Bonnie Cox - May 21st 2007

If you are a prospective buyer in the Denver real estate market, the news is still very good for you. The news for sellers has not been great for a rather protracted period but there may finally be some light at the end of the tunnel. According to a recent article in The Denver Post, the Office of Federal Housing Enterprise Oversight reported that the price of Colorado homes appreciated only 3.3% from the first quarter of 2006 through the first quarter of 2007. In contrast, the national real estate market saw an average appreciation of 4.6% during the same time period.

While Coloradoans enjoyed an average statewide price increase, the Genesis Group reported that the entire Denver metro area saw a 4.2% price decline in 2006. That is even better news for metro Denver home buyers. The real estate boom in the mountain towns and in Grand Junction offset the Denver real estate market's decline.

There is a bright side to all of this. Colorado's robust economy has spawned a healthy employment market with high-paying jobs. This will eventually aid the real estate market's recovery. In addition, Colorado never saw the huge gains that were common in other parts of the country in recent years so the market is more stable. Because of all of this, many experts predict up to a 10% home price appreciation in the coming years. If you are currently fence-sitting or just planning to move to Denver in the next few months, there may simply not be a better time to buy a home or move up to a new one.

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Denver Real Estate Market Report
by Bonnie Cox - Jan 11th 2007

Denver's long-suffering buyer's market may be poised for a change. If buying a home in Denver is in your future, perhaps you will want to read this report. There are barometers TeamCox faithfully watches and those barometers can be pretty good indicators.

1. Serious sellers have spiffed up their offerings and reduced prices to move their homes. These prices can be very tempting!

2. Less than serious sellers have either withdrawn their homes or let the listing expire. This has radically cleaned up the market place with less than saleable properties. Our inventory is down almost 7.5% in the past 30 days.

4. Interest rates are still near historic lows. It is virtually impossible to time the market at the very lowest rate, but close to bottom is not a bad place to be.

5. Forward looking investors have a sense that there is a change in momentum. They usually have an innate instinct most buyers do not have.

6. Denver has been on a hiring binge. We are leading the nation in new jobs created.

7. Denver wages are up well over inflation.

8. Lockheed-Boeing (ULA) is bringing in 500-750 families from CA. These are high-paid employees that will be arriving this spring.

9. Commercial real estate has been on a two-year tear. Historic prices have been made on many large commercial real estate transactions. Much of the downtown and metro Denver available rental space has been aggressively leased. Often this is a precursor to a change in the residential market place.

If a new home in Denver is in your future, there probably could not be a much better time to buy. For more information on the Denver real estate market give us a call.

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Why Elbert County? Why Kiowa?

As you can see in the following statistics, Elbert County's population has grown over 13% since 2000. It is expected to keep growing in the following years. Also, the education system in Elbert County is exceptional - refer to the statistics below. Kiowa Creek Village offers houses for rent and sale below the average price tag; however, it is offering outstanding quality in the houses included feature. In conclusion, Kiowa Creek VIllage is the best real estate investment in Denver (Colorado) and offers the best rural, safe, eligant life standard for you and your family.

Give us a call now to learn more about our housing - we will mail you a free DVD and give you a special tour for the site and the model house. You can either call mike at: 303.621.2427 or Karim at: 303.229.0777

Contact Us today!