Your source for Denver Relocation information

Diana Kearns, REALTOR, ASP, ABR and Michael P Kearns, REALTOR, GRI, ePRO
RE/MAX Alliance • 1873 S Bellaire St, Suite 700 • Denver, CO 80222

RELODENVER HOME

RELOCATION 101
Sell your home. Learn a new city. Buy a new house. Pack and move. Start a new job. It can be overwhelming! Get tips and tools to simplify the process

DENVER AREA INFO
Neighborhoods, Government, Businesses, Schools, Sports, Recreation... There is so much to know about Denver.

FREE RELOCATION PACKAGE
Moving to a new area means finding the best home and neighborhood to meet your family's needs. Request a package tailored to your needs!

SEARCH FOR A NEW HOME
REALTORS® search for homes using the Multiple Listing Service (MLS). Use the same powerful database for your home search!

HELPFUL REFERRALS
Need an electrician? A place to store your stuff? How about a deal on appliances? Check out our pre-screened referrals.

BUILDING STAPLETON
Interested in Denver's redevelopment of the former Stapleton Airport? Check out our sister site at www.BuildingStapleton.com.

ABOUT RELODENVER
Who are we, and why should you work with us? Get more information about ReloDenver and The Kearns Team.

CONTACT US

DENVER HOUSING STATISTICS

Denver and its suburbs recently have enjoyed one of the biggest median home-price run-ups of any major metropolitan area in the U.S. Between early 1998 and the end of 2003, home prices jumped more than 60%. Currently, however, price growth has slowed, reflecting a mix of economic indicators. The unemployment rate, which is currently about 6%, is high by national standards, and job growth is declining. Both of these are negative real-estate indicators. Rental vacancies are almost in the double digits, also a sign of a softening real-estate market.

The good news is that Denver has a growing population, which will increase demand for homes. Another good omen: Despite rising home prices, affordability is still reasonable compared to other major cities in the region -- the median price of a Denver home is about $237,000. For the short term, assuming mortgage rates stay below 7%, home prices will continue to rise, albeit at a much slower rate than in the past several years.

SOURCE: Real Estate Journal / Wall Street Journal, March 2004

SOURCE: United States Census Bureau, 2000

Return to the Denver Area Quick Facts Page

For more information,
please call Diana at ReloDenver at (303) 598-2076, or e-mail us today!