the current state of colorado's real estate market

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the current state of colorado's real estate market

The largest single factor continuing to impact Colorado’s housing market is the upward trend in interest rates, percentage points that have not been seen in for decades.

Colorado’s statewide housing sales report for September showed higher mortgage interest rates are complicating what is traditionally a slower buying and selling season, not only in the Denver metro area, but across the state, according to the Colorado Association of Realtors report.

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connecticut’s Q3 market report shows prices holding steady, inventory down

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connecticut’s Q3 market report shows prices holding steady, inventory down

The year-to-date Ridgefield real estate market is a mixed bag of results due to a lack of inventory. While we had a strong third quarter, the number of sales - and as a result - the overall sales volume, was down 24% and 19% respectively over the same time in 2021. However, the good news is that prices are holding steady.

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4 predictions for denver’s (cooling-off?) real estate market

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4 predictions for denver’s (cooling-off?) real estate market

Waiting until prices plateau to buy won’t necessarily save you money though. “The more the bubble pops,” Gill says, “the higher the interest rates have gone. So your bottom-line expenses are either going to be the same or cost more if you don’t get into the market now.”

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denver housing market remains hot for potential sellers, experts say

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denver housing market remains hot for potential sellers, experts say

Denver’s red hot housing market continues to generate record sale prices.

A new report from OJO Labs lists Denver as the second most competitive housing market out of the nation’s 50 largest metro areas. Denver saw seven in 10 homes sell for above list price in April, second only to the San Francisco Bay area.

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metro denver the second most competitive housing market in country after bay area

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metro denver the second most competitive housing market in country after bay area

Denver’s housing market was the second most competitive out of the nation’s 50 largest metro areas, with seven in 10 homes selling for above the list price in April, according to a new report from OJO Labs.

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metro denver now the fifth least affordable housing market in the country

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metro denver now the fifth least affordable housing market in the country

Between higher property prices and higher interest rates, housing affordability continues to deteriorate in Colorado this year, leaving Gen Xers as the one age group still able to afford a mid-priced home in Arapahoe and El Paso counties — but not Denver.

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home prices skyrocketed again in Denver and Colorado Springs in February, but people kept buying them anyway

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home prices skyrocketed again in Denver and Colorado Springs in February, but people kept buying them anyway

Home prices reaching new record highs in Colorado’s two largest real estate markets is not new in the least. The last couple of years, not only are records set in the busy summer months; they’re being set in the dead of winter, when home sales typically slow.

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denver’s median home price climbed nearly 15% to $659,000 from january to february. why is this happening?

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denver’s median home price climbed nearly 15% to $659,000 from january to february. why is this happening?

“A house is still worth what somebody is willing to pay for it,” Rhead said. “And because of the lack of inventory, because of the number of buyers out there and the qualifications of those buyers, it’s just going to continue to raise the market value.”

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CT october home sales lag behind pandemic surge, but still above 2019, data shows

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CT october home sales lag behind pandemic surge, but still above 2019, data shows

Fairfield County, which has been particularly affected by housing price hikes, saw a 35 percent drop in the number of closed sales in October — 858 — compared to the same month last year. But it also saw the largest increase in sales compared to 2019, at 23 percent.

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from summer heat to autumn chill, metro denver housing market continues to cool down

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from summer heat to autumn chill, metro denver housing market continues to cool down

Both home sales and active listings in metro Denver dropped in October, with the housing market running much cooler than this time last year, according to the Denver Metro Real Estate Market Trends Report from the Denver Metro Association of Realtors.

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