Tag: denver

Forecast Predicts Drop In Denver

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Las Vegas Home Values are appreciating at a healthy pace around the greater Las Vegas area. The appreciation of land values underscores the importance of choosing between neighborhoods. The high point in Gallup’s trend was 70{4ebaaaf11605e777c095b95ec291d6177479c3aef157f5accbc77e39ee4bfa7d} in 2005, the first year it asked the question and shortly before U.S. home values hit their peak. The number of transactions in a geographic area affects how much we know about prevailing market values of homes in that area.

Note: In this example, Zillow’s Values are very close to the actual sales prices (within 2{4ebaaaf11605e777c095b95ec291d6177479c3aef157f5accbc77e39ee4bfa7d} +/-). It’s the first time since 2001 that home values didn’t increase by double-digit numbers. But their folks didn’t want to relocate, so they made the tough decision to move back to Florida to be close to them.

It is, but it’s critical because it allows you to see how a home (or an area) has changed in …

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