Not only are buyers facing rising interest rates, but home prices continue to soar, too. Right now, homebuyers are currently facing one of the priciest housing markets in history—and, in turn, the average purchase loan size has grown
Read More“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.”
Read MoreAccording to the most recent housing report from DMAR, the number of active listings in January 2022 is down nearly 50% compared to January 2021.
Shortage of available housing drives metro area home prices up.
Read MoreFor Denver County, renting takes a little more than a third of average monthly pay, while buying a home consumes nearly half. The average 2022 monthly rent for a three-bedroom unit in Denver, according to Attom, is $2,416, a slight increase from 2021.
Read MoreFor much of 2021, the suburban New York real estate markets continued to be dominated by bidding wars, long lines at open houses and rising prices, as the housing inventory in many communities fell short of demand.
Read MoreLow inventory plus high demand equals a difficult time for homebuyers, unless they have very deep pockets, CBS2’s Tony Aiello reported Friday.
“For Sale” signs are few and far between in Westchester County. Just about 700 single-family homes were listed in the 4th quarter of 2021. That’s down 45% from 2020.
Read MoreMetro Denver homebuyers who thought it was tough to find for-sale homes in December will be sorely disappointed if they thought a new year would bring more inventory.
Read MoreOne of the most sensational years in the history of U.S. real estate is drawing to a close, and the momentum is quieting down a bit, but people are still rushing to buy homes and the housing shortage is far from over.
Read MoreThe Denver metro's October home sales and active listings fell, with the market's temperature dropping, according to the most recent Denver Metro Real Estate Market Trends Report.
Yes, but: The number of closings doesn't mean a collection of unsold homes sat idly on the market. The 3,376 homes and condos worth of inventory at the end of last month represents a 15% decline from September. Here are five homes on the market priced under $1 million.
Read MoreThe latest data from ShowingTime, the residential real estate industry's leading showing management and market stats technology provider, shows that Seattle and Denver lead the nation in buyer demand even as we head into the typically cooler late fall and winter seasons.
Read MoreThe median sales price for single-family houses rose in 2021's third quarter compared to the same July-through-September period last year, including from Westchester to Putnam to Rockland, according to the Hudson Gateway Association of Realtors.
Read MoreThe Denver-area housing market saw a relative slowdown for inventory in July and August, but the end of September saw a 10.86% increase in inventory compared to the previous month, according to the October Denver Metro Real Estate Market Trends Report from the Denver Metro Association of Realtors. The report led DMAR experts to call this a good time to buy.
Read MoreThere were 3,971 active listings at the end of September, according to the Market Trends report released Tuesday. That’s a 10.9% increase from the number available in August, but still down 25.1% from the number of homes for sale in September 2020.
Read MorePerched above the Hudson 20 miles north of Manhattan, Dobbs Ferry is denser than its neighbors and more diverse, with good schools and a wide spectrum of housing.
Read MoreMetro Denver’s housing market continued slowing in September, with the number of homes and condos sold declining and the inventory of active listings on the market rising by a record monthly amount, according to an update from the Denver Metro Association of Realtors.
Read MoreIf you’ve been looking to buy a home these past few months around Denver, you probably know how unimaginable, absurd and downright rude real estate prices have become.
And that’s with things improving. Listings stayed on the market for an average of 11 days as of last month; the median home price fell to $581,000 (down from a $600,000 all-time high in June).
Read MoreTarrytown, unlike other river villages where families examined real estate, such as Hastings-on-Hudson and Dobbs Ferry, had a marked mix of race and socio-economy, especially given its size of three square miles.
Read MoreHome prices are still climbing nationally, but a slowdown in price appreciation is inevitable as more people are priced out of the market, according to experts.
Read MoreBalance is good for both buyers and sellers.
Denver's red hot housing market is finally beginning to balance out, but don't call it a cooldown, experts say.
Read MoreAfter months of bidding wars, rising prices and extreme concessions by buyers, realtors said the market is starting to look normal.
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