Despite a real estate market where home inventory is growing and sales are lackluster, Denver home prices are still creeping up slightly — although the curve is flattening.
That’s according to a new Metro Real Estate Market Trends Report on June sales, issued Thursday by the Denver Metro Association of Realtors.
Read MoreAs Denver’s real estate market settles into the rhythm of the new year, buyers and sellers alike are watching for signs of what’s ahead. Compared to last month and this time last year, more luxury homes are hitting the market in February. But buyers have been slower to act, leading to a more gradual increase in pending sales, according to Denver Metro Association of Realtors (DMAR).
Read MoreU.S. home prices posted a 5.4% annual gain, according to the latest S&P CoreLogic Case-Shiller Home Price Index three-month running average that ended in June.
Read MoreA Colorado real estate broker says Wednesday's announcement by the Federal Reserve that they are lowering the interest rate by .5 percentage points was somewhat expected and that he was somewhat ready for it.
Read MoreThe Denver metro’s sluggish summer selling season continued in August.
Despite active listings climbing 56 percent over August 2023, closed sales dropped last month, according to the August monthly real estate trends report from the Denver Metro Association of Realtors.
Read MoreThe sale will begin Friday at 9 a.m. with a sign up sheet available the night before. The sale will end on Friday at 3 p.m. before opening again on Saturday from 9 a.m. to 3 p.m. Only 25 people will be able to enter at one time and Redding police will be on hand to help facilitate operations, according to Boffey. Boffey added that parking is "tough" in the area and that customers must follow signs of where and where not to park.
Read MoreReal estate analytics point to potential investment opportunities in Colorado, particularly in the popular Denver metro area.
Read MoreNicknamed the “Mile High City” for its elevation, Denver's housing market has reached new heights as well. Once known for affordability, Denver now boasts a competitive market with rising prices. This surge is fueled by a booming job market and a limited housing inventory.
Read MoreHome prices are rising faster in Connecticut than in any other state, according to the latest data from Redfin, as inventory remains tight.
Read MoreTo understand the Lower Fairfield County real estate market in the first quarter of 2024 you have to first look at inventory. Or at least, the relative lack of it.
Read MoreMore first-time homebuyers in Denver have a dual-income household, family help or end up getting roommates, Guide Real Estate broker Andre Whitt says.
Read MoreIt’s been two months since the National Association of Realtors reached a settlement that some predict will upend the way homes have been bought and sold for decades across the U.S. It’s having ripple effects in Colorado as the housing market heads into the busiest time of year.
Read MoreThe number of homes on the market typically dips during the end of the year and starts to rebound in January ahead of peak spring season. This year, the housing market is showing signs of more optimism as sellers listed more homes than at the same time last year.
Read MoreThe current trends suggest that the Connecticut housing market leans towards being a Seller's Market. With a surge in home prices, high competition, and a limited inventory, sellers hold an advantageous position in negotiations.
Read MoreA housing or real estate bubble is a run-up in housing prices fueled by demand, speculation, and exuberant spending. It can lead to the point of collapse.
Read MoreThough mortgage rates are better now than they were in the fall, and experts are optimistic that rates will drop further in 2024, home affordability challenges aren’t going away anytime soon.
Read MoreThe median home sales price for the Denver metro area was $536,500 in January, down 1.11% year over year.
Read MoreAfter two-thirds of New Haven County cities and towns generated sufficient numbers of new home listings to replace those sold in the third quarter, the market remained balanced into December, signaling a break in the high prices that have thwarted many Connecticut buyers during the pandemic real estate market.
Read MoreProperties are being listed for longer, and home prices are up nearly 5% from this time last year. Sellers, as they typically do, are waiting till the New Year to put their homes on the market.
Read More“As inflation endures, consumers are seeing higher costs at every turn, causing further declines in consumer confidence this month,” Khater explained in a statement. “In fact, many potential homebuyers are choosing to wait and see where the housing market will end up, pushing demand and home prices further downward.”
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