Three big ways the housing market is different now than when it began to decline in 2006 and 2007 and bottomed out in 2012
Three big ways the housing market is different now than when it began to decline in 2006 and 2007 and bottomed out in 2012.
Three big ways the housing market is different now than when it began to decline in 2006 and 2007 and bottomed out in 2012.
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
Metro Denver Real Estate Market Update, February 25, 2021 Read More »
During the last week: New Listings – 807 Back On Market – 156 Price Increase – 215 Price Decrease – 195 Pending – 1554 Withdrawn – 84 Closed – 1167 Expired – 106 Previous Week: New Listings – 818 Back On Market – 138 Price Increase – 221 Price Decrease – 222 Pending – 1680
Metro Denver Real Estate Market Activity, February 18, 2021 Read More »
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
Metro Denver Real Estate Market Update, January 7, 2021 Read More »
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?
The Pandemic’s Effects on Real Estate, Metro Denver Market Report, 11/19/2020 Read More »
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
Metro Denver Real Estate Market Update, October 29, 2020 Read More »
Last month was the most difficult month ever to buy a home in Metro Denver. Low interest rates and a desire for more space propelled buyers into the market. Record low inventory, stricter lending standards and high home prices made the market extremely competitive. It was difficult for many buyers to get the homes they
Metro Denver Real Estate Market Update, October 9, 2020 Read More »
Every home in America just got a flood-risk score. Your home – and any home you may purchase – has an easy-to-access “Flood Factor” score that “is an indicator of its comprehensive flood risk” and shows a property’s “likelihood of flooding and the potential depth of that flood.” FEMA flood maps can be unreliable predictors of future flooding and
Metro Denver Real Estate Market Update, August 27, 2020 Read More »
There still aren’t enough homes for sale in Metro Denver to satisfy buyer demand. Statistics for July indicate scarcity of choice was one reason detached homes sold at a record average price last month – $601,863. This is nearly ten percent higher than a year ago (9.92% to be precise) and up 7.68% compared to June.
Metro Denver Real Estate Market Update, August 6, 2020 Read More »
Last week, we mentioned that some analysts believe home prices will decrease in the metro area by next May. Even if prices do decrease, it may make sense to buy a home now rather than wait. The biggest reason for this is interest rates. Interest rates for 30-year mortgages hit record lows last week, going below
Metro Denver Real Estate Market Update, July 23, 2020 Read More »