Denver Real Estate Updates
From the Mountains to the Plains
The City and County of Denver is the largest city and the capital of the U.S. state of Colorado. Denver is also the second most populous county in Colorado after El Paso County. Denver is a consolidated city and county located in the South Platte River Valley on the western edge of the High Plains just east of the Front Range of the Rocky Mountains. The Denver downtown district is located immediately east of the confluence of Cherry Creek with the South Platte River, approximately 12 miles (19 km) east of the foothills of the Rocky Mountains. Denver is nicknamed the Mile-High City because its official elevation is exactly one mile or 5,280 feet (1,609.344 m) above sea level, making it one of the highest major cities in the United States. The 105th meridian west of Greenwich passes through Union Station and is the temporal reference for the Mountain Time Zone.
The 2011 estimated population of Denver was 619,968 which ranks it as the 23rd most populous U.S. city. The 10-county Denver-Aurora-Broomfield, CO Metropolitan Statistical Area had an estimated 2011 population of 2,599,504 and ranked as the 21st most populous U.S. metropolitan statistical area. The 12-county Denver-Aurora-Boulder Combined Statistical Area had an estimated 2011 population of 3,157,520, which ranks as the 16th most populous U.S. metropolitan area. Denver is the center and the most populous city of the Front Range Urban Corridor, an oblong urban region stretching across 18 counties in two states with an estimated 2011 population of 4,423,936. Denver is the most populous city within a 500-mile (800 km) radius and the second most populous city in the Mountain West and the Southwestern United States after Phoenix, Arizona.
- Fewer US homes entered foreclosure path in Nov. December 13, 2013LOS ANGELES — While foreclosures remain a concern in select states, the number of U.S. homes entering the path to foreclosure or winding up repossessed by lenders has fallen to levels not seen in more than six years. The trend … Continue reading →
- Zillow now estimating neighborhood market ‘health’ December 13, 2013Zillow has introduced an index that is designed to illustrate the “health” of housing markets to buyers and sellers who visit the listing portal’s local information pages. Zillow’s Market Health Index uses up to 10 market indicators to measure the health … Continue reading →
- Borrowers struggle to pay off home equity loans December 12, 2013As home prices rise and the economy recovers, fewer borrowers are falling behind on their mortgages, or at least on their primary mortgages. During the housing boom, millions of Americans took advantage of equity gains by pulling money out of … Continue reading →
- Mortgage rates decrease marginally December 12, 2013Rates on 30-year fixed-rate mortgages averaged 4.42 percent with an average point of 0.7 percent for the week ending Dec. 12, down from 4.46 percent last week but up from 3.32 percent a year ago, according to Freddie Mac’s latest … Continue reading →
- How much house can $1 million buy? December 12, 2013Round one: Cozy Cottage On “Squawk Box,” the first house was in Montrose, Ala., and priced at $995,000. This quaint, two-story bay cottage sits on 2.5 acres and features magnificent waterfront views from either the screened-in porch or a private … Continue reading →