Market Update, June 25, 2020 For years, home prices have risen steadily in the Denver metro area, but we may be seeing some stabilization in pricing now. The average price for a home that sold in the area during May was $494,550, down from $502,168 in April and down from $511,702 in March. Normally, May […]
Metro Denver Real Estate Market Activity, June 11, 2020
Market Update, June 11, 2020 Where were you in 2010? In the same home? In a different state or town? We thought it would be interesting to look at some key real estate statistics from May 2020 and compare them to what was happening during May 2010. Active Listings – May 2010 to May 2020 Average Closed Price […]
Metro Denver Real Estate Market Report – June, 2020
May numbers are in and it was a wild month in real estate. Buyers had a lot to choose from by the end of the month. In fact, new listings were up 56.44 percent from April. Many of those were homes that had been withdrawn when showings stopped. At the end of May, 7,170 homes […]
Metro Denver Real Estate Market Update – May 28, 2020
Market Update, May 28, 2020 Mortgages are on our minds again this week. Rates set a new record low for the third time in three months. The average rate for a 30-year fixed mortgage fell to 3.15% this week. In fact, Freddie Mac data over the past five decades shows this is the lowest rate recorded. […]
Solterra: Breathtaking Foothills Living with Easy Commutes
With its beautiful scenery and access to open space, Solterra has plenty to offer those who want true Colorado living without the commute of higher-elevation areas. Nestled in a picturesque little valley between Green Mountain and the foothill formation known locally as the Hogback, Solterra is surrounded on all sides with beautiful views and the […]
Metro Denver Real Estate Market Update – April 30, 2020
Nobody knows for sure what will happen, but once the economy opens, we believe we’re likely to see a surge in the real estate market that will last two to three weeks. Pent up demand for homes will drive buyers to look at homes and make offers. These signs indicate we’ll see a short surge in […]
Adding to the Luxury in Your Home with Smart Home Technology
Everyone wants to have luxury surrounding them. What do you think when you think of luxury? Do you think about lying back on a water bed? Stepping on a plush carpet? Sinking into a comfortable couch and watching a movie on your large flat screen TV? These are all elements of luxury. Smart Home Technology […]
Metro Denver Real Estate Market Update, April 23, 2020
Market Update, April 23, 2020 Governor Polis outlined the state’s “Safer at Home” Plan this week, which begins to open the economy and aims to protect people, especially vulnerable populations, from exposure to the coronavirus. Real estate showings will be permitted starting April 27, but we don’t know what rules will be in place regarding showings and other real estate services. The […]
Trust Your Instincts to Create a Greater Level of Comfort in Your Home
Everyone would love to live in the home of their dreams. Sometimes, however, the home that you dream about living in isn’t the most practical kind of home. Maybe you dream about living in a Victorian style home with claw-footed sofas, ottomans and Persian carpets. But when it comes down to it, you may not […]
Metro Denver Real Estate Market Update, April 9, 2020
We hope you and your loved ones are safe and healthy during this unprecedented moment. Sellers are taking a break in the face of COVID-19 by withdrawing homes from the market. We normally see the most homes withdrawn during November and December. Last November and December, 581 and 533 homes were taken off the market before […]
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