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.
Read MoreIn 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.
Read MoreFor 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.
Read MoreThe real estate market in Denver was hot in 2021. However, Realtor.com is predicting a cooldown could be on the way for the Denver real estate market.
Read MoreThe New Year has officially begun, and many consumers are looking for a fresh start. Whether that be a new routine, refined goals, or a refreshed mindset, most people have their sights set on something that they want to accomplish in 2022.
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 MoreOneKey MLS, reporting detailed, month-over-month statistical information about residential, condo, and co-op sales transactions in the regional MLS coverage area, finds that the closed median sale price in November 2021 was less than it was in October 2021.
Read MoreThough many economists predict that home price growth will slow in 2022, a lack of available inventory will keep things competitive for buyers for the foreseeable future.
Read MorePotential buyers are coming up empty in their search for a place-- and that’s sent contracts plunging for the fifth consecutive month in Westchester County and Long Island, according to a report Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate.
Read MoreFairfield County, which has been particularly affected by housing price hikes, saw a 35 percent drop in the number of closed sales in October — 858 — compared to the same month last year. But it also saw the largest increase in sales compared to 2019, at 23 percent.
Read MoreBoth home sales and active listings in metro Denver dropped in October, with the housing market running much cooler than this time last year, according to the Denver Metro Real Estate Market Trends Report from the Denver Metro Association of Realtors.
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 MoreWestchester County experienced an increase of 9 percent in single family home sales to 2,377 units from 2,181 units in 2020. There was an increase of 5.6 percent in median sale price to $855,000 from $810,000 in 2020.
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 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 MoreThe national average July to July was 19.7% in terms of increases, but Connecticut is out pacing that in many counties especially Litchfield county where home prices increased 24.8% from august of this year to august of last year.
Up in New Haven it’s 23.7%, Fairfield County 20.7% and Hartford is not keeping up with the pace of prices, it is only up 17.1%, but Connecticut's housing market is still strong.
Read MoreInterest 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.
Read MoreHome sales in the Denver metro are slowing, giving some buyers a chance to jump into what has been a highly competitive market for more than a year.
Read MoreProperty 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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