home affordability in denver and colorado getting worse

home affordability in denver and colorado getting worse

The real estate scenes in Denver and Colorado as a whole continue to send mixed signals. Earlier this month, the Denver Metro Association of Realtors highlighted data suggesting that the local market could plateau soon, even as the average price for a single-family detached home hit another record high. And now, a new report from the Colorado Association of Realtors cites rising inventory and more pricing flexibility — yet affordability figures have never been worse.

Read More

fairfield, conn.: a ‘relaxed beach town’ where there’s plenty to do

fairfield, conn.: a ‘relaxed beach town’ where there’s plenty to do

Beaches are among Fairfield’s defining features. The 32-square-mile town has five municipal beaches along its five miles of Long Island Sound coastline, five private beaches around Samp Mortar Lake and another municipal one a mile north, on Lake Mohegan.

Read More

here’s the best place to live in 2021, for the pandemic and much more

here’s the best place to live in 2021, for the pandemic and much more

Loving where you live has never been more important. While a healthy job market, good schools, and affordability have always attracted homebuyers, the coronavirus pandemic has fueled a new need for a home with plenty of room to stretch your legs—indoors and out.

Read More

combining work and pleasure, buyers snapped up vacation homes in a big way during pandemic

combining work and pleasure, buyers snapped up vacation homes in a big way during pandemic

Housing markets across the country heated up during the COVID-19 pandemic, but demand for vacation homes, including in Colorado, sizzled, according to a new study from the National Association of Realtors.

Read More

major challenges in denver metro area for new home seekers as median home price increases by 21% in past year

major challenges in denver metro area for new home seekers as median home price increases by 21% in past year

The housing market in the Denver metro area has seen a dramatic increase in home prices of more than 20 percent over the past year, making it even more competitive for families to buy their first home. Those who were able to purchase a house say they had to open their search beyond their initial expectations as realtors say the inventory will only improve slightly for the rest of 2021, keeping it a seller’s market.

Read More

housing boom unbowed by pandemic

housing boom unbowed by pandemic

“Housing sales were robust and apartments at all price levels were moving quickly,” says Marsha Gordon, the president and chief executive officer of the Business Council of Westchester. In recent years the county was fortunate, with development and the housing market, to be ahead of the curve, Gordon says.

Read More

how to navigate colorado’s low inventory market like a pro

how to navigate colorado’s low inventory market like a pro

There’s no denying that the real estate market is hot right now. The need for homes that cater towards consumers’ desired lifestyles in the wake of COVID-19 paired with low-interest rates has created an environment where buying a home is a top priority on everyone’s to-do-list.

Read More

supersize me! here are the metros where buyers are clamoring for big homes again

supersize me! here are the metros where buyers are clamoring for big homes again

Not long ago, it seemed just about everyone was obsessed with the tiny-home trend. So cute! So teensy! People were wondering: Just how small can a home get while still being cool and remotely functional? Well, we may never find out. Because, as with many things in the past year, the coronavirus pandemic has turned the “less is more” mentality on its head.

Read More