Metro Denver home prices slightly down, condo prices up in August
In Metro Denver, the median price last month was $380,250, a 2.2% drop from July and 9.6% above August 2015. Condo prices, by contrast, continued to move higher. The median was $244,000, a 0.4% increase and 13.5% above the median a year ago. There were 6,471 new listings last month, a drop of 5% from July.
Read article – Denver Post
Understanding How Credit Scores Work
Credit scores are compiled separately by three consumer reporting agencies — Equifax, Experian, and Trans Union. These credit reporting bureaus calculate scores differently, and base their scores on information that may differ from other bureaus. Your credit score is a number that reflects the information in your credit report, whether you pay your bills on time, how much you owe creditors, payoffs, and derogatory information such as liens. It also includes inquiries into your accounts from lenders, landlords, and employers.
Read article – Realty Times
Colorado, Denver housing markets keep improving The state and city of Denver housing markets kept improving over the past year, according to the latest Freddie Mac Multi-Indicator Market Index (MiMi). Colorado’s MiMi index improved 11.59% on a year-over-year basis, behind only Oregon (up 12.28%) nationally. Denver’s MiMi index improved 14.02% on a year-over-year basis, behind only Orlando, Florida (up 16.85%) nationally. Read article – Denver Business Journal