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.
Metro Denver Real Estate Market Update, November 10, 2022 Read More »
As mortgage interest rates climb, home buyers are feeling the squeeze. What does this mean for sellers in Metro Denver?
Metro Denver Real Estate Market Update, June 27, 2022 Read More »
As mortgage interest rates climb, home buyers are feeling the squeeze. What does this mean for sellers in Metro Denver?
Metro Denver Real Estate Market Update, June 16, 2022 Read More »
Mortgage rates fell this week but are likely to rise. We don’t expect that to dampen the enthusiasm we’re seeing from buyers, though.
Metro Denver Real Estate Market Update, March 10, 2022 Read More »
The market is still hot and continues to favor sellers. Here are six ways buyers are making their offers more attractive to sellers.
Metro Denver Real Estate Market Update, March 3, 2022 Read More »
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During the last week: New Listings – 807 Back On Market – 156 Price Increase – 215 Price Decrease – 195 Pending – 1554 Withdrawn – 84 Closed – 1167 Expired – 106 Previous Week: New Listings – 818 Back On Market – 138 Price Increase – 221 Price Decrease – 222 Pending – 1680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 »