Homes are taking longer to sell. Concessions are becoming more popular. And lately, buyers have been in a better position they haven't been in a long time.
Read MoreAccording to the August Market Trends Housing Report from the Colorado Association of Realtors, with more than 27,000 active listings statewide, and more than half of them sitting in the seven-county Denver metro region, potential buyers had 21% more inventory to choose from last month than they did a year ago.
Read MoreDespite a growing list of active inventory and motivated sellers across the seven-county Denver-metro area and statewide, buyers continue to stay away citing interest rates and pricing that has ignored the inventory increase and maintained its higher levels, according to the latest Market Trends Housing Report from the Colorado Association of Realtors (CAR) and analysis from the Association’s spokespersons across Colorado.
Read More“The once-predictable Denver metro real estate market feels topsy-turvy as we navigate a new landscape,” said Libby Levinson-Katz, chair of the DMAR Market Trends Committee, in the report.
Read More"Greater Hartford is performing well, but we're still undervalued compared to Fairfield County and some of the major markets," Lepore said. "People are understanding that they can come in from major markets and raise their family or just live in a nice environment, for a fraction of the price."
Read MoreThe spring real estate market in metro Denver shows signs of growth as new and active listings increase. Buyers are snapping up properties faster and paying more than a year ago.
Read MoreThe Denver metro area ranks as the hottest housing market in the country for a second year in a row, according to a recent analysis from U.S. News & World Report.
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 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 MoreConnecticut saw the fourth-highest rate of house price increases in the country since the third quarter of last year, a lasting impact from dwindling inventory that real estate agents say is unlikely to change in the near future.
Read MoreThe largest single factor continuing to impact Colorado’s housing market is the upward trend in interest rates, percentage points that have not been seen in for decades.
Colorado’s statewide housing sales report for September showed higher mortgage interest rates are complicating what is traditionally a slower buying and selling season, not only in the Denver metro area, but across the state, according to the Colorado Association of Realtors report.
Read MoreSeptember’s Denver Metro real estate market experienced a seasonal slowdown, with new listings, pending sales, and closed sales declining.
Read MoreWith tight inventory levels and still-high prices, the Connecticut housing market shares many similarities with the national market. Here’s a closer look at Connecticut’s current real estate trends and where the market might go for the rest of 2023.
Read MoreInventory in the Denver metro region housing market is growing, and although that indicates slightly more choice for buyers in a tough market, demand is also softening, according to a recent real estate report.
Read MoreMore homes on the market should be a good thing for people that have the cash to buy. But home prices still haven’t come down all that much even as the market stalls out.
Read MoreMuch of the housing market remains frozen in place as mortgage rates trend up and existing homeowners remain reluctant to give up their sub-4% interest rates. This means a "hot" market today is more likely one that has returned to the basic fundamentals of demand, supply and relative affordability.
Read MoreDuring the second quarter of 2023, New York City’s real estate market has been as volatile as our stock market. While the market for ultra-luxury apartments, both condo and co-op, has remained slow, the smaller units, which were having a run in April and much of May, have now sunk into the doldrums as well.
Read MoreA low inventory of homes for sale and high interest rates are creating a catch-22 in Connecticut’s real estate market: to push prices down would require more houses to go up for sale, but people don’t want to list their houses because prices are high, according to local real estate experts.
Read MoreThe Denver real estate market may be reaching an inflection point after years of rising home values as buyer demand adjusts to rising mortgage rates. We look into the current market trends for buyers and sellers.
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