Metro Denver Real Estate Market Update, January 12, 2023
A reminder about homeowner’s insurance, thoughts on increasing foreclosures and a word about inventory in Metro Denver.
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For Home Buyers
The Five Most Expensive Homes to Sell in Metro Denver During 2022
See which five homes sold for the most amount of money during 2022.
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Metro Denver Real Estate Market Update, December 15, 2022
It’s normal for 13% of sellers to reduce the price of a home before it sells. What’s happening locally and why?
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Metro Denver Real Estate Market Update, December 1, 2022
We always want to be realistic about the real estate market. Part of that is to look at what’s right in the housing market and economy in general.
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Metro Denver Real Estate Market Update, November 10, 2022
The average rate for a 30-year mortgage is down to 6.62% today. Home prices have been falling for the past six months. Despite the lower rate and lower prices, affordability is a concern for home buyers.
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Should You Buy a Denver Luxury Home in the Changing Market?
The Denver luxury home market is changing fast! If you’re thinking of buying a luxury home in Denver, now might be the time to do it. The market is starting to slow down, so prices are beginning to drop. This could be the perfect opportunity for you to get the home of your dreams at
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Metro Denver Real Estate Market Update, February 25, 2021
It was just about a year ago that the first case of COVID-19 was discovered in Colorado. What was happening just before the pandemic began? How does it compare it to what’s happening now in each of the seven metro counties? Let’s take a look. Average Prices by County: Boulder Douglas Denver Arapahoe Jefferson Broomfield
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Metro Denver Real Estate Market Update – January 14, 2021
During the last week: New Listings – 688 Back On Market – 110 Price Increase – 239 Price Decrease – 281 Pending – 1407 Withdrawn – 89 Closed – 1042 Expired – 107 Previous Week: New Listings – 380 Back On Market – 112 Price Increase – 180 Price Decrease – 126 Pending – 701
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Metro Denver Real Estate Market Update, January 7, 2021
We ended 2020 with a record-low number of homes on the market – just 2,541. The average number of homes for sale at the end of December is 12,941. With such low inventory, the market strongly favors sellers. The average closed price was up 5.44% compared to 2019. Despite the pandemic-induced stand-still in the market during
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The Homebuying Process Today
How do people find and buy homes? This information is useful to sellers and buyers! Most people start online and use a real estate agent to help them find and negotiate a home purchase. Most people use a mortgage to finance the purchase. For 43 percent of recent buyers, the first step that they took
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