Market Updates

I’m going to tell home sellers something they don’t want to hear.

When homeowners pay less than 28% of their income toward the costs of homeownership, homes are generally considered affordable. How affordable – or unaffordable – are homes in metro Denver right now? 

You may not believe how the monthly cost of owning a home has changed in the past 3 1/2 years in Metro Denver.

Insufficient inventory has been the driving force in our local market for months. But there is hidden inventory out there if you know where to look.

Summer is officially here, and the summer selling season is in full swing. It’s an excellent time to look at inventory and affordability in our market.

Mortgage rates fell for the second straight week, but they continue to remain above 6.5%. In the meantime, two of the main factors driving today’s mortgage market have become more favorable.

Interest rates fell quickly and are at the lowest they’ve been in weeks. Could that lead more buyers to make offers on homes?

We’re holding our breath, waiting to see if Congress raises the debt ceiling. Here’s what could happen in the real estate market.

How did home prices get so high and what can buyers do about it?

Inventory has been rising, which is excellent for buyers, who have more to choose from. ? See what’s happening in our real estate market.