the current state of colorado's real estate market

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the current state of colorado's real estate market

The 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.

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demand is soaring in westchester’s housing market

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demand is soaring in westchester’s housing market

Westchester continues to experience sale declines due to record-low inventory, according to Houlihan Lawrence‘s Q3 market report. As the Westchester housing market fails to meet buyers’ needs, both home sales and pending contracts have diminished. According to the report, home sales in Westchester were down 20% while median sale price went up 6.7%

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connecticut housing market 2023: trends & house prices

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connecticut housing market 2023: trends & house prices

With 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.

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fairfield county is experiencing pandemic building boom. it's not expected to end anytime soon

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fairfield county is experiencing pandemic building boom. it's not expected to end anytime soon

During the COVID-19 pandemic, from 2020-22, more than 3,900 new apartments were built in Fairfield County as a result of the so-called “pandemic building boom. “ The highest number of new rental units were added to the market last year and it’s a trend that is expected to continue into next year

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the hottest U.S. housing markets

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the hottest U.S. housing markets

Much 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.

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well-priced inventory is low: new york real estate in Q2 2023

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well-priced inventory is low: new york real estate in Q2 2023

During 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.

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not so hot july: low inventory, interest rates keep colorado housing market calm

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not so hot july: low inventory, interest rates keep colorado housing market calm

The latest Market Trends Housing Report from the Colorado Association of Realtors shows the single-family home inventory in the seven-county Denver metro area dropped 3% between June and July and is 28% lower than in July 2022.

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metro denver homes sales market volume dives 30% in a year

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metro denver homes sales market volume dives 30% in a year

While May provided some bright spots for metro Denver’s home sales market — namely more new listings than April for buyers to choose from — the market still “feels off,” according to the Market Trends Report released by the Denver Metro Association of Realtors Saturday.

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CT sees historically low number of real estate listings, but some towns stand out

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CT sees historically low number of real estate listings, but some towns stand out

Connecticut continued to see historically low listings of houses for sale in April, helping prolong a sellers market that is keeping prices above pre-pandemic levels — but with too few people putting their homes on the block, creating a continuing pinch for those looking to buy.

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denver housing market: everything you need to know

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denver housing market: everything you need to know

Buying and selling a home in Denver is beginning to look much different in 2023 than it has over the past few years. The Mile High City was booming well before the pandemic as newcomers flocked here to be close to the mountains and enjoy the laid-back lifestyle in one of the best places to live in Colorado.

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denver housing market forecast

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denver housing market forecast

In the Denver metropolitan statistical area, though, even waning demand can’t alter the market much – not with the ultra-low supply the area is dealing with. In fact, despite the changes today’s higher mortgage rates have ushered in, Denver still ranks as the fourth-strongest housing market in the nation, according to the U.S. News Housing Market Index.

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