FROM OUR BLOG
June 13, 2019

June Market Trends Report 2019

Here you’ll find the June 2019 Market Trends Report as listed by Denver Metro Association of Realtors. Here are the main highlights:

  • U.S. News and World Report just ranked Denver as the second best place city in the country in which to live.
  • Four neighborhoods in Aurora are in the top five best places to buy a home this year according to the website, Niche. Eastridge Ptarmigan Park tops the list followed by Tallyn’s Ranch, Holly Hills in Denver, Dam West and Pride’s Crossing. Using different criteria, 5280 magazine also ranked the top five neighborhoods and included Country Club, Belcaro, Washington Park, Virginia Village, and University Park on its list.
  • Cherry Creek is on a hot streak. Over the last five years, the neighborhood has added 2,000 new residential units, 600,000 square feet of office space, 300,000 square feet of retail space, and 500 hotel rooms.
  • Denver saw a net influx of 11,053 people over the course of the year, according to recently released U.S. Census Bureau figures. That growth was the nation’s ninth-highest between July 1, 2017 and July 2018.
  • Coloradans are good at paying their mortgages on time. Only 1.78 percent of their mortgages were 30 days or more past due in April. Colorado has had the lowest rate of mortgage delinquencies of any state in the country for the past 26 consecutive months.

You can find the full report here

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Sierra Pacific Mortgage Company, Inc.

Sierra Pacific Mortgage NMLS# 1788. Michael Shotnik NMLS: 218281, CO License: 100017466. Regulated in Colorado by the Division of Real Estate #988320. To check license status of mortgage loan originator, visit D.O.R.A. and NMLS consumer access.