New from the Kentwood Company Blog

• Wash Park Home Tour 2012 May 15, 2012
  This year Kentwood Real Estate was a Silver Sponsor of the annual Wash Park Home Tour. The event helps to support Steele Elementary School and also contributes 5% of revenue made to The Denver Public Schools Education Outreach which assists homeless students.
• National Association of Realtors Reports Home Prices Stabilizing May 15, 2012
  The National Association of Realtors (NAR) reported that in the first quarter of 2012, the median existing single-family home price, or final sales price, rose in 74 of the 146 metro areas (51 percent) that the association monitors. Housing inventory levels have been shrinking across the U.S., leading to bidding wars and modest upward pressure [...]
• Home Prices Could Rise Four Percent Each if the Next Five Years; Pending Sales Increased 4.1 Percent in March May 15, 2012
  Average U.S. Home Prices, down by a third since 2006, will rise almost four percent a year for the next five years, according to market watcher Fiserv, which sees prices stabilizing by summer’s end and then climbing…quickly in some places before tapering off. The forecast is based on an analysis of leading home price indexes. [...]
• Economists Say Housing Market Continues to Slowly Brighten May 3, 2012
  Mirroring the uneven economic recovery, the housing market is expected to move in a slow, gradual upward path in 2012, while encountering its share of speed bumps along the way, according to economists participating in a recent National Association of Home Builders (NAHB) construction forecast webinar on the housing and economic outlook. While the latest [...]
• China Becomes Second Biggest Group of Foreign Investors in American Homes May 3, 2012
  International buyers now account for more than 20 percent of the United States real estate market, with a significant proportion from China, according to a recent survey by the Asian Real Estate Association of America (AREAA). Among all deals closed during the past 12 months, 30 percent were for premium homes valued at more than [...]
• History Colorado Museum Mixes Interactive Exhibits with Treasures from Colorado’s Past April 24, 2012
  History Colorado, a new state-of-the-art museum that mixes high tech, interactive exhibits with treasures from Colorado’s early days, will hold its grand opening on April 28, 2012. The Society of Colorado Pioneers, formed in 1866, wanted future generations to remember and celebrate their achievements. The state created the State Historical and Natural History Society in [...]
• Refinance Applications Up, Purchase Applications Down in Latest MBA Survey April 22, 2012
  Mortgage applications increased 6.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 13, 2012. The Market Composite Index, a measure of mortgage loan application volume, increased 6.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted [...]
• Sales of Investment and Vacation Homes Rise Significantly in 2011 April 9, 2012
  Sales of investment and vacation homes rose in 2011, with the combined market share rising to the highest level since 2005, according to the National Association of Realtors (NAR). NAR’s 2012 Investment and Vacation Home Buyers Survey, which covers existing and new-home transactions in 2011, shows investment home sales surged an extraordinary 64.5 percent to [...]
• Do You Control Your Phone or Does Your Phone Control You? April 2, 2012
  We always see people talking on their cell phones and texting while driving, and it’s the majority of people on the road. In restaurants, we see people answering their phones or sending messages during business lunches or during dinner with family and friends. Some people never turn off their phone, while others get up in [...]
• Forecast Says the Home Prices Have Hit Bottom March 26, 2012
  Bank of America and Merrill Lynch has changed its forecast from November when it expected home prices to fall 3.5 percent in 2012. Now, it expects a modest gain of 0.5 percent, which is a good sign for the real estate business. The firm is still forecasting a slow recovery, projecting home prices to gain [...]