What’s in the NewsDenver Home Prices Soar 5 Percent in April As Buyers Battle It Out In Bidding WarsDENVER – May 3, 2013 The latest data from Metrolist®, which powers REcolorado.com, a free resource for Colorado home buyers, sellers and owners, announced today, home values in the Denver metro area increased 5 percent in April, while homes continue to be scooped up at a breakneck pace. Read More … Denver Properties on Market at LowestThe number of homes currently available on the Denver metro market is at the lowest since 1990. “Year-over-year inventory levels continue to be low, home prices are up and average days on market (DOM) for Denver-area homes is down, making for a prime sellers’ market according to the latest reports from Metrolist®”. Read More … Denver Homes Going Under Contact in 24 HoursThe 15 real estate markets across the U.S. with the most “flash sales” recorded in the last five months, as compiled by Redfin. Flash sales are defined as homes going under contract within 24 hours. Denver is ranked #9 with Portland, OR. Read More … Property TaxesThe State statute requires that each real property be re-valued by the County Assessor every two years. In odd-numbered years, the property taxes are set for the following two years. The property taxes you are paying today are those determined in 2011. For the tax years 2013 and 2014, the valuation is determined based on the sales in an 18-month period starting Jan 1 2011 to Jun 30 2012. Recommend, Be a Fan, Connect, Follow on Twitter
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