the housing market is slowing down. there’s some hope for buyers.

the housing market is slowing down. there’s some hope for buyers.

Nationally, supply has increased, too, leading to more options for potential buyers. Active home listings have increased on a year-over-year basis for the fifth week in a row, according to Realtor.com data released today. And for the first time in seven weeks, median listing price growth slowed—though it remained well above the historic norm.

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'there's opportunity': denver housing prices dropped last month

'there's opportunity': denver housing prices dropped last month

For what feels like the first time in a long time, the housing market is shifting, and this time in the direction of the buyer.

A report by the Denver Metro Association of Realtors (DMAR) shows the median closing price for a home fell at the end of May compared to April.

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denver housing market remains hot for potential sellers, experts say

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

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

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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prices increase 9%, inventory remains historically low in hot denver housing market

prices increase 9%, inventory remains historically low in hot denver housing market

According to the Denver Metro Association of Realtors (DMAR), the average home is staying on the market for just four days. The month of March saw appreciation at a staggering 9 percent, and the average purchase price is now $705,000.

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