Is Now a Good Time to Buy or Sell a Home in Greater Metro Denver? Week of July 31st 2024
As we navigate through the summer months, the real estate market in the Greater Metro Denver area is presentin...
Denver Home Appreciation in 2022 - What You Need to Know
Appreciation rates in the Denver metro appears to be returning to pre-pandemic numbers. This is good news for would-be home buyers who were facing severe sticker shock month over month.
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Activity Remains Stagnant in December
According to Megan Aller with First American Title, "The week between Christmas and New Year's is historically the slowest week of the year."
December turned out to be the slowest month of 2022 with day...
High Interest Rates Cause Market to Slowdown
There is no denying the market in Colorado has slowed down drastically from the height of the pandemic. The slowing housing market can be accredited to high interest rates. When interest rates c...
Interest Rates Increased for the 6th Time This Year
Unfortunately, inflation is still close to a 40-year high, and as a result, the Fed raised interest rates by 0.75 percentage points yesterday October 2022. This is the sixth hike this yea...
Interest Rates Pass 7 Percent at End of September
According to the Denver Metro Association of Realtors (DMAR), the average home is taking 26 days to sell and fewer homes landed buyers in September, with only 3,848 homes going under contra...
Denver's Housing Market Continues to Slow as We Head into Cooler Months
Homes are taking longer to sell and fewer homes hit the market in August, with 5,170 new homes coming to the market (down from 6,118 in August 2021). Fewer buyers are ...
Homes More Likely to Sell at Asking Price
According to DMAR, the close-price-to-list-price ratio was down to 100.81 percent, a clear indication that the market has shifted and most buyers are no longer paying over asking price for homes in J...
What to Consider When Buying Land in Colorado
" Buy land, they're not making it anymore." - Mark Twain
Owning a little piece of Colorado is a dream for many. Whether you’re perusing the eastern plains, foothills or mountains, our state of...
Home Buying | How to Budget for a Home
It’s easy to get discouraged in today’s home buying market with interest rates surpassing 5.5 percent and high-priced homes. Throw in current inflation levels, and there is no getting around the fact ...