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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For Home Buyers
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During the last week: New Listings – 688 Back On Market – 110 Price Increase – 239 Price Decrease – 281 Pending – 1407 Withdrawn – 89 Closed – 1042 Expired – 107 Previous Week: New Listings – 380 Back On Market – 112 Price Increase – 180 Price Decrease – 126 Pending – 701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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The Pandemic’s Effects on Real Estate, Metro Denver Market Report, 11/19/2020
The National Association of REALTORS® just released their annual Profile of Home Buyers and Sellers. It shows how the pandemic is affecting real estate throughout the country. The report breaks down trends before the pandemic began and since March, when COVID-19 started to have an impact on our lives. WHERE is the activity?
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Metro Denver Real Estate Market Update, October 29, 2020
Trends in Metro Denver Home Prices How Long It Takes to Sell a Home Prices Per Square Foot Showings Until Pending Active Listings New Listings Closings 18% fewer properties came on the market this week compared to last week, while pending sales were down 9%. Every home and neighborhood is different and statistics vary by
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