Douglas County Number 2!
The Denver metro suburban county of Douglas was named for having the second highest median household income in the U.S. At $92,732 it is close behind Los Alamos County, New Mexico and ahead of Loudoun Co unty, Va.
Denver Best City for Singles
Wow…Boulder out performs again, according to Forbes.com the Denver-Denver area is America’s best city for singles. This is the second year in a row that Denver has been at the top of the list. We have a booming job market, relatively low cost of living and a large university population. Of course being at the base of America’s playground helps too!
The rest of the list reads:
2) Boston
3) San Francisco
4) Raleigh-Durham
5) Wash ington-Baltimore
6) Atlanta
7) Los Angeles
New York
9) Ch icago
10) Seattle
October 2005 Real Estate Statistics
October 2005
Metro Denver Prices:
| Single Family Average Price: (Detached Dwelling) | Oct 2005 | $314,586 | |
| Sep 2005 | $308,427 | ||
| Oct 2004 | $289,022 | ||
| Condo Average Price: (Attached Dwelling) | Oct 2005 | $186,981 | |
| Sep 2005 | $193,887 | ||
| Oct 2004 | $182,022 | ||
| Combined Average Price: | Oct 2005 | $285,313 | |
| Sep 2005 | $282,114 | ||
| Oct 2004 | $265,834 | ||
| Percent of Sales Price Change: from Oct 2004 to Oct 2005 | Single Family: | +8.85% | |
| Condo: | +2.72% | ||
| Combined | +7.33% | ||
| Total Combined Number of Homes for Sale: | Oct 2005 | 26,828 | |
| Sep 2005 | 27,200 | ||
| Oct 2004 | 26,030 | ||
| Percent of Change in Available Inventory: (Oct 2004 vs. Oct 2005) | +3.07% | ||
| Number of Combined Homes Sold this month | Oct 2005 | 4,006 | |
| vs. previous month | Sep 2005 | 5,573 | |
| vs. same month last year | Oct 2004 | 5,131 | |
| Average days on Market: (Combined Sales) | Oct 2005 | 89.65 | |
| Sep 2005 | 84.75 | ||
| Oct 2004A | 91.97 | ||
| Absorption Rate: (number of weeks necessary to sell current combined inventory at current rate of sales) | Oct 2005 | 29.02 weeks | |
| Sep 2005 | 21.15 weeks | ||
| Oct 2004 | 21.98 weeks | ||
| Median Sold Price:Single Family | Oct 2005 | $250,000 | |
| Sep 2005 | $250,000 | ||
| Oct 2004 | $235,900 | ||
| Condo | Oct 2005 | $157,904 | |
| Sep 2005 | $165,000 | ||
| Oct 2004 | $159,000 |
Not just for kids…
Babar’s World Tour visits the Kids Art Museum, November 19 Children’s author Laurent de Brunhoff will sign his newest book, Babar’s World Tour, on Saturday, November 19th at the Denver Art Museum. Like the latest Babar book, the day’s celebration will take visitors around the globe, introducing them to an international array of cities, landmarks, art, culture, and languages. Denver will receive a "passport" to take on their museum tour, receiving a stamp for participating in the various activities throughout the galleries. Throughout the day, families and kids can enjoy special art-making projects; decorating Babar-style crowns for their journeys, and even designing their own art museum! Visitors are invited to relax in the fourth-floor reading corner, and to hear storytelling on the third and sixth floors. A book signing will take place from 1 to 3 p.m. (books will be available for sale in the Museum Shop). These free family activities will take place between 11 a.m. and 4 p.m. Museum admission and activities are free; no reservations required.
Mormon Tabernacle choir
National Sports Center for the Disabled Presents the Mormon Tabernacle Choir and Orchestra, November 19 On November 19th, the Mormon Tabernacle Choir and Orchestra at Temple Square will be partnering with the National Sports Center for the Disabled (NSCD) for a Denver holiday concert-the first concert by the Choir in Denver in over 20 years. This is a once in a lifetime opportunity to experience one of the world’s greatest choirs at the Pepsi Center and benefit one of Colorado’s greatest charities!
Downtown Denver Dine & Shop…Win!
Shop, Dine, and Enjoy Downtown and You Just Might Win Big!
Downtown Denver is reinventing the way we approach holiday shopping by rewarding the shopper! In addition to the sparkling lights, endless entertainment, and fabulous selection of boutiques, stores and restaurants, you might be the winner of one of more than 50 fabulous prizes valued at nearly $10,000!
Here’s how it works…
Register online at
or sign up at the Denver Pavilions, Larimer Square or Tabor Center WIN Locations. You will then be emailed a “lucky” number. Every Thursday between November 17th and December 22nd lucky numbers will be posted at the Denver Pavilions, Larimer Square and Tabor Center WIN Locations.
If your number matches one of the posted numbers, you can collect one of the many magnificent prizes ranging from lodging and dining to specialty gifts and entertainment. Prizes must be claimed within a week of numbers being posted.
Participants will be eligible to win prizes such as a night in the Brown Palace Presidential Suite, a Palace Arms dinner for two and a $50 spa gift (valued at $1,650), gift certificates to places such as Sunglass Hut, Virgin Megastore, Corridor 44, Mariel, Jon Ric Day Spa, Barnes & Noble, Hotel Teatro, and much, MUCH more!
Downtown Denver Dine & Shop…Win!
Shop, Dine, and Enjoy Downtown and You Just Might Win Big!
Downtown Denver is reinventing the way we approach holiday shopping by rewarding the shopper! In addition to the sparkling lights, endless entertainment, and fabulous selection of boutiques, stores and restaurants, you might be the winner of one of more than 50 fabulous prizes valued at nearly $10,000!
Here’s how it works…
Register online at
or sign up at the Denver Pavilions, Larimer Square or Tabor Center WIN Locations. You will then be emailed a “lucky” number. Every Thursday between November 17th and December 22nd lucky numbers will be posted at the Denver Pavilions, Larimer Square and Tabor Center WIN Locations.
If your number matches one of the posted numbers, you can collect one of the many magnificent prizes ranging from lodging and dining to specialty gifts and entertainment. Prizes must be claimed within a week of numbers being posted.
Participants will be eligible to win prizes such as a night in the Brown Palace Presidential Suite, a Palace Arms dinner for two and a $50 spa gift (valued at $1,650), gift certificates to places such as Sunglass Hut, Virgin Megastore, Corridor 44, Mariel, Jon Ric Day Spa, Barnes & Noble, Hotel Teatro, and much, MUCH more!
United States Mint Tours
Monday through Friday, 8 a.m to 3 p.m. Many of us enjoyed watching the coining process and the chance to tour our local Mint as children. After 9/11, our ability to offer this same opportunity to our children was curtailed due to strict background checks, and long waiting processes. Today, however, the Denver Mint is simplifying the process for the general public again. Groups of 15 or fewer can make a reservation online, and larger groups (16-50) can arrange through the Office of Public Affairs at the United States Mint by calling 303.405.4759. All tours are free and open to the public. Those interested are encouraged to submit tour requests as early as possible since a limited number of tours are available daily.
NEW FORECLOSURES RISE; TOTAL INVENTORY REMAINS STABLE IN OCTOBER
According to data released today by Foreclosure.com, 87,794 foreclosed residential properties were available for sale in the United States during October–almost unchanged from September. The total number of new foreclosures listed for sale in October–21,998– increased 8% from September. The re-listing of available HUD-owned properties in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, Oklahoma, South Carolina, Tennessee and Texas, resulted in the increase of new foreclosures in October. "Foreclosure levels in the U.S. remain low compared to the beginning of this year," said Brad Geisen, president and CEO, Foreclosure.com. "While there are still pockets of increasing inventory in the Midwest and Northwest, foreclosure levels in most of the country have remained flat during the past six months." (Source: RisMedia) Full story . . .
MORTGAGE RATES HIGHEST SINCE SEPTEMBER, 2003
Mortgage rates rose for the ninth week in a row after bond investors were scared over evidence that wage earners are making more money. Most of the week’s rise occurred Friday, after the Department of Labor released the employment report for October. Job creation wasn’t anything to celebrate, as nonfarm payrolls increased by just 56,000. The benchmark 30-year, fixed-rate mortgage rose 5 basis points to 6.42%, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in this week’s survey had an average total of 0.32 discount and origination points. One year ago, the mortgage index was 5.76%. Four weeks ago it was 6.1%. (Source: Bankrate.com) Full story . . .
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