February 22, 2021

westchester wanderlust: is the suburban love affair a flash in the pan or the new normal?

February 22, 2021/ Jordan Sotengco

Westchester County, the large swath of communities just north of Manhattan and the Bronx, is a major destination for city dwellers looking for a close-in suburban lifestyle. With sales volumes that have increased 51% since last year and dwindling inventory, especially in prime neighborhoods and at lower price points, Westchester serves as an excellent microcosm of the broader city-to-suburbs trend.

February 17, 2021

denver’s 2020 real estate market saw an unprecedented number of records broken

February 17, 2021/ Jordan Sotengco

When coronavirus hit Colorado in March, an unprecedented number of listings were pulled from the market. In April, prices held steady and houses were selling faster than they were the previous year. By May, the real estate market picked up with 56 percent more new listings than April, but still 17 percent fewer than May 2019.

February 16, 2021

the hot housing market in connecticut’s pricier areas shows no sign of slowing down after boom in 2020

February 16, 2021/ Jordan Sotengco

Some of Connecticut’s pricier home buying markets — Fairfield County, the shoreline, Litchfield County and the Farmington Valley — saw a surprising surge in purchases last year as the grip of the pandemic tightened, with little let-up seen for at least the first part of 2021.

February 10, 2021

exurbs across US see increased growth; douglas county ranks #1

February 10, 2021/ Jordan Sotengco

CapRelo, a global mobility firm specializing in U.S. relocation, identified which exurbs are seeing the largest upticks in population. Researchers culled data from the American Communities Project and the Brookings Institution to analyze more than 300 exurban communities in each state.

February 10, 2021

fourth quarter sales surge bolsters NY suburban real estate home sales market despite pandemic

February 10, 2021/ Jordan Sotengco

The see-saw year, aka 2020, ended on an astonishingly high note for real estate practitioners in the Lower Hudson Valley, according to the 2020 Fourth Quarter Residential Real Estate Sales Report for Westchester, Putnam, Rockland, Orange, Sullivan, and Bronx counties released on Jan. 5 by OneKey MLS.

February 03, 2021

denver expected to be among top 5 hottest US home markets in 2021, according to zillow

February 03, 2021/ Jordan Sotengco

Denver is expected to be the fifth-hottest home market in the U.S. in 2021, according to the results of a recent survey published by Zillow Inc.

February 03, 2021

study: real estate prices in CT set to continue increasing in 2021

February 03, 2021/ Jordan Sotengco

The Greenwich-Bridgeport corridor will see one of the half-dozen biggest increases in home prices in the nation next year, according to a Realtor.com study of the 100 largest metropolitan regions.

On the heels of a huge real estate market driven by an escape from cities during the COVID-19 pandemic, Realtor.com is projecting a 7.8 percent increase in prices next year for the coastal Fairfield County region. Silicon Valley was tops with a forecast 10.8 percent gain, followed by regions centered by Seattle, Boise, Idaho; Fresno, Calif.; and San Francisco.

January 27, 2021

demand for denver condos remains strong

January 27, 2021/ Jordan Sotengco

For many, the dream of living close to the majestic Rocky Mountains and all of the recreational opportunities afforded to residents of our hometown is now a very real possibility as transplants from other parts of the nation look to relocate to Colorado. The housing market in Denver has long been considered a seller’s market and the push to move into the area has only accelerated over the past nine months.

January 27, 2021

danbury project to bring 'tremendous' improvements to white street traffic

January 27, 2021/ Jordan Sotengco

“The impact is going to be tremendous,” Antonio Iadarola, public works director and city engineer, told City Council members at their meeting last week.

Traffic signals from the garage at Western Connecticut State University to Federal Road will also be re-timed.

January 20, 2021

denver's 25 best neighborhoods in 2020

January 20, 2021/ Jordan Sotengco

This year's list of the 25 best neighborhoods in Denver includes some new entries in fast-growing areas like Five Points, Lowry Field and Stapleton (recently renamed Central Park). Falling out of the top 25 were Skyland, Speer and Southmoor Park.

January 20, 2021

new rochelle, N.Y.: a waterfront suburb with a socioeconomic mix

January 20, 2021/ Jordan Sotengco

Competition was also fierce in New Rochelle, which attracts buyers with its parks and beaches, an ethnically mixed population of 79,000, and by being a mere 20 miles north of Times Square. The house the Rothschilds bought — which has three bedrooms, one and a half bathrooms and a fireplace that is now working (after repairs), in the Beechmont neighborhood — received multiple bids before selling for $490,000, or $25,000 above the listing price.

January 13, 2021

waiting to sell can cost you

January 13, 2021/ Jordan Sotengco

An advantage of listing in the current market is that we are dealing with a known set of circumstances. We know where the market is, what interest rates are, what demand is like. The truth is that interest rates do fluctuate, and no one can predict where they will be in the future.

January 13, 2021

lights will shine brighter for denver home sellers than buyers in 2021

January 13, 2021/ Jordan Sotengco

Metro Denver is expected to see a 12.5% increase in home sales next year, which ranks fourth highest out of the 100 metro areas examined, behind only Sacramento, Harrisburg, Pa., and Charlotte, N.C., according to the forecast released on Tuesday.

January 06, 2021

mortgage interest rates reach a brand new low

January 06, 2021/ Jordan Sotengco

For the 13th time this year the mortgage interest rates have reached the lowest point in recorded history. Freddie Mac reports 30-year, fixed rate loans were as low as 2.72% over the past week. That is down from their previous low of 2.78% earlier in the month.

January 06, 2021

brighton, adams county preserve nearly 80 acres of farmland from development

January 06, 2021/ Jordan Sotengco

For those yearning for a bit more undisturbed acreage in a fast-growing metro area, look to the north.

Brighton and Adams County teamed up with The Conservation Fund this week to preserve 79 acres of farmland along 144th Avenue and Sable Boulevard, just south of Brighton, in a traditionally agricultural area recently designated as Historic Splendid Valley.

December 30, 2020

boutique hotel opens in lower highlands

December 30, 2020/ Jordan Sotengco

“Denver has so much to offer,” he added. “The city’s booming restaurant and bar scene has granted it a great number of accolades making virtually every venue a destination in its own rights. In particular, we picked the neighborhood of Lower Highlands as it marries well with the Life House brand’s ethos being architecturally interesting, growing at a very fast pace, and with a story to tell.”

December 30, 2020

analysis: housing markets rally in deep (affluent) suburbs, remain challenged in cities

December 30, 2020/ Jordan Sotengco

During the third quarter, 2,167 single family homes were sold in Westchester, a 12% improvement from 1,940 in 2019's same period Houlihan Lawrence said market conditions are favoring sellers and forcing fewer concession on pricing than last year.

December 23, 2020

U.S. news names boulder no. 1 & denver no. 2 in new best places to live rankings

December 23, 2020/ Jordan Sotengco

U.S. News & World Report says four Colorado cities are in the Top 5 best places to live in the country. Boulder and Denver came in at No. 1 and No. 2 and Colorado Springs and Fort Collins came in at No. 4 and No. 5 in the 150 Best Places to Live in the U.S. in 2020-21 list.

December 23, 2020

fairfield county has fastest rising home prices in US, report says

December 23, 2020/ Jordan Sotengco

Housing prices are rising more quickly in Fairfield County than any other locale in the U.S., according to data compiled from the real estate website Redfin by Bloomberg.

December 16, 2020

metro denver’s housing market has staying power, but it will need to get through a bumpy winter.

December 16, 2020/ Jordan Sotengco

In Denver, home sales last month rose only 16.3%, but likely because buyers couldn’t find enough to buy. The number of homes listed for sale at the end of October was down nearly 44% over the past year and the median price for a single-family home sold is up 14.3% over the year to $519,900, according to a report from the Denver Metro Association of Realtors.

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