November Denver Housing Market
November 2023 Denver Housing Market
With the New Year right around the corner, there's certainly a handful of resolution lists with "new home" written at the top. This month's November Denver Housing...
November 2023 Denver Housing Market
With the New Year right around the corner, there's certainly a handful of resolution lists with "new home" written at the top. This month's November Denver Housing...
September 2023 Denver Housing Market Report
As the weather cools down, so does the September Denver Housing Market. Evidently, October 2023 presents incredible opportunities for first-time homebuyers despite the screaming "inflation and higher...
Denver Housing Market Report for May 2023
The usual activity we see this time of year has decreased due to economic uncertainty and higher interest rates, which reflects in the report for May.
Interest Rates Inched Up For the Month of May
Si...
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...