February marked yet another month of record-low inventory for the residential market in the Denver metro, where a resurgence in homebuying activity that began last summer has continued to push prices higher and fueled stiff competition among potential buyers.
Read MoreAs the real estate market remains on a boil in New York’s Hudson Valley, heated in large part by second-home buyers re-evaluating their commitment to urban living, longtime residents are experiencing both prosperity and pain.
Read MoreThere’s no denying that the real estate market is hot right now. The need for homes that cater towards consumers’ desired lifestyles in the wake of COVID-19 paired with low-interest rates has created an environment where buying a home is a top priority on everyone’s to-do-list.
Read MoreNot long ago, it seemed just about everyone was obsessed with the tiny-home trend. So cute! So teensy! People were wondering: Just how small can a home get while still being cool and remotely functional? Well, we may never find out. Because, as with many things in the past year, the coronavirus pandemic has turned the “less is more” mentality on its head.
Read MoreSlifer Smith & Frampton Real Estate (SSF) – a brokerage firm in Colorado serving resort communities throughout the mountains for nearly six decades – has expanded their general brokerage services to the Denver metro area.
Read MoreOne outgrowth of the coronavirus is that properties offering more social distancing are in greater demand. “Whether it’s a townhouse or a single-family house, [people are] looking for their own front doors,” Stetson says.
Read MoreWhile early February spotlights Groundhog Day and the annual prediction of spring’s arrival, the Colorado housing market just keeps reliving its long-term storyline of low inventory and high demand with no predictable change in sight, according to the January 2021 housing data from the Colorado Association of REALTORS® (CAR).
Read MoreThe Northeast led the way as buyers rushed to the suburbs. Fairfield County, Conn., home to Greenwich and other tony towns, rose 39 percent for the biggest increase in the United States.
Read MoreConnecticut home purchases surged into the new year, as sales in January — typically a slow month coming off the holiday — reached a 15-year high for the month, with last year’s hot market showing little sign of cooling off, a new report shows.
Read MoreHeading into the spring sales season, the housing market in the suburbs of New York has already gone into overdrive, with bidding wars becoming the norm and many homes selling within days of coming on the market.
Read MoreWe may have started a new calendar year, but Denver’s real estate market didn’t change—prices are still high, and inventory remains low. And, to no surprise, January was another record-breaking month in several categories.
Read MorePeople are leaving expensive cities like New York and San Francisco relocating to more affordable areas. Even with high unemployment, prices are soaring across the U.S. because there’s an increasingly short supply of existing homes to choose from.
Read MoreThe average price of a single-family home that closed in January in metro Denver rose 2.9% from December to a record $629,159. Annual price appreciation is running a hot 18.7%. But that sharp increase reflects the growing dominance of more expensive homes in what is available to buy on the market.
Read MoreThe strong housing market is a welcome change for the state where median home-sale prices have languished since the collapse of the housing bubble and the ensuing 2007-2009 recession. The state’s population also has been slowly shrinking since 2014 and has a population of 3.56 million as of July 2020, according to the U.S. Census.
Read MoreEach year, LIV Sotheby’s International Realty produces a year-end Micro Market Report, which summarizes Denver Metro’s market performance last year compared to the previous year. For 2020, the report paints a picture of strength and resilience through appreciating home values, rising property sales, and accelerating market speeds.
Read MoreRealtors in the Hudson Gateway Association of Realtors’ market area that includes the lower Hudson Valley region, adapted to state-imposed restrictions early in the pandemic and rode the wave of pent-up buyer demand to post sales increases as compared to 2019 activity.
Read MoreWestchester 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.
Read MoreWhen 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.
Read MoreSome 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.
Read MoreCapRelo, 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.
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