chappaqua, N.Y.: a westchester hamlet that’s ‘not cookie-cutter’

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chappaqua, N.Y.: a westchester hamlet that’s ‘not cookie-cutter’

Tara Watnik knew that she and her family would leave their Bronx co-op for a house in Westchester — eventually. But her husband, Scott Watnik, a partner in a Manhattan law firm, grew up in Riverdale, and they liked living in his childhood neighborhood, which was close to her job as a communications director at a private school and an easy commute for him. Then Covid hit, and they decided it was time to get serious about moving.

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

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'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

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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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despite a brutal housing market, one realtor sees buyers and sellers trying to do right by each other

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despite a brutal housing market, one realtor sees buyers and sellers trying to do right by each other

Real estate continues to be a booming industry in the metro area — especially in the past couple of years. In 2020 and 2021, Denver’s real estate market grew by $208 billion, the report stated. It grew by $212.1 billion the decade prior.

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something has to give in the housing market. or does it?

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something has to give in the housing market. or does it?

Two years into the pandemic, rundown bungalows command bidding wars, buyers keep snatching up places they’ve never seen, and homebuilders can’t find enough cabinet doors for everyone who wants a new home. The median price for an American home is up nearly 20 percent in a year. The for-sale inventory is at a new low. And the hopeful buyers left on the sidelines have helped drive up rents instead.

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fairfield county home listings fall to record lows

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fairfield county home listings fall to record lows

In Fairfield County, single-family listings have dropped to their lowest level on record, according to appraisal firm Miller Samuel for Douglas Elliman. Listing inventory in the quarter was 898 homes, a 46.4 percent drop from the third quarter and a 38.8 percent drop year-over-year, marking the fastest-moving market in 17 years.

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how homebuyers are hacking the real estate market

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how homebuyers are hacking the real estate market

For the past two years the real estate market in Denver Metro, as well as the rest of the country, has been moving at lightning-fast speeds. Thanks to the increased demand for homes and the limited inventory of available houses, home prices have increased at a much higher rate than many consumers are used to.

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here's where denver ranks among 2022's forecasted hottest housing markets

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here's where denver ranks among 2022's forecasted hottest housing markets

Despite a serious lack of inventory and a blistering sales pace, Denver doesn't rank anywhere close to the top of a recent Realtor.com forecast of the hottest real estate markets of 2022.

The Denver metro comes in at number 48 out of the nation's top 100 metros in terms of the predicted change in price and number of sales for next year – that's an 11% total increase, 6% for number of sales and 5% for home prices.

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