denver’s embrace of rezoning for “granny flats” is growing by neighborhood, individual initiative

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denver’s embrace of rezoning for “granny flats” is growing by neighborhood, individual initiative

Interest in ADUs rose steadily in the 2010s, and has only grown stronger in the past few years as the metro-wide real estate market became, for many, prohibitively expensive. City planners have seen an uptick in people moving to rezone their property, and in 2019 carved out a place for ADUs in Blueprint Denver — a “planned guidance” document that recommends removing barriers to the units in residential districts. So far, planners say, they’re not aware that any requests have been denied.

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historic home prices to whack owners in next year’s property tax

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historic home prices to whack owners in next year’s property tax

Property taxes -- up the most in 15 years in 2020, according to recently released Labor Department data -- will likely see even sharper jumps this year. The median price of previously-owned, single-family homes set new highs last year, and have climbed even more in 2021, which could haunt homeowners when the bills come due and potentially force Americans to dig deeper into their savings.

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denver real estate housing market forecasts and trends 2021-2022

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denver real estate housing market forecasts and trends 2021-2022

The U.S. housing market in 2021 has been a year full of low interest rates, eager buyers and low inventory of homes on the market. Denver is no exception, especially as it continues to attract young professionals, growing families and others to its location on the Front Range of the Rocky Mountains.

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how does the housing market look heading into fall?

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how does the housing market look heading into fall?

It started in 2020 with the coronavirus pandemic, as urban dwellers fled the dense cities and moved to the spread-out suburbs, snapping up properties sight unseen in some cases. And as jobs went remote and workers realized they no longer had to live in a set spot, the moves continued in 2021. With a serious lack of inventory, bidding wars ensued, some buyers skipped home inspections or paid cash to lure sellers to accept their offer, and the most-coveted homes sold seemingly the moment they went on the market.

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westchester booming housing market continues in 2nd quarter of 2021

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westchester booming housing market continues in 2nd quarter of 2021

Sales of homes in Westchester County continued booming in 2021. The flourishing sales in Westchester County is leading to thriving statistics across the Hudson Valley with numbers higher than compared to the past three years according to Hudson Gateway Association of Realtors (HGAR).

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the housing market forecast for the rest of 2021, according to realtors

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the housing market forecast for the rest of 2021, according to realtors

It’s no secret that the COVID-19 pandemic has turned the real estate market into a wild domain. If you’re looking to buy or sell a home, you’re likely eager to know how long this will last.

In June 2021, home prices across the U.S. surged 24.8% year-over-year — to a median sale price of $386,888 — according to Redfin. During the same time period, the number of homes sold increased 20.6% and the number of homes for sale tumbled 39.6%.

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home affordability in denver and colorado getting worse

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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.

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

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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.

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