home prices continue to surge in connecticut, where real estate is already red-hot

home prices continue to surge in connecticut, where real estate is already red-hot

A year after New York City home buyers descended on Connecticut’s housing market amid the COVID-19 pandemic, sales continue to accelerate heading into the summer of 2021 — particularly in communities lining Long Island Sound or just inland from Milford to Stonington.

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colorado’s housing market redefines rocky mountain high in april

colorado’s housing market redefines rocky mountain high in april

The median of a single-family home sold in Colorado crossed above $500,000 for the first time ever in April and is running at an elevation 1.5 times higher than the U.S. median, according to a monthly update from the Colorado Association of Realtors.

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denver, colorado housing market goes into turbo mode in 2021

denver, colorado housing market goes into turbo mode in 2021

The Denver, Colorado real estate market has officially entered turbo mode. So lower your safety bar and hang on for the ride, home buyers. According to a recent nationwide housing report, the Denver metro area is one of the fastest-moving housing markets in the country. At least among the nation’s 50 largest metros.

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latest denver-area housing market stats: median single-family home price reaches $560K

latest denver-area housing market stats: median single-family home price reaches $560K

The rise in available for-sale housing that typically accompanies the transition from February to March failed to materialize in the Denver metro this year, as buyer demand continued to outstrip supply, according to the latest monthly report from the Denver Metro Association of Realtors.

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denver metro’s luxury home sales volume rises by 98% over year-ago levels

denver metro’s luxury home sales volume rises by 98% over year-ago levels

In 2021, the story is quite the opposite. The real estate market in Denver Metro is thriving and performing at record-breaking levels. Following the height of the quarantine period, many people realized how important their homes were and decided to take advantage of the historically low-interest rates to make their dreams of owning a home in the Mile High City a reality. This wave of motivated buyers flooded Denver Metro beginning in late spring and has maintained its momentum into this year.

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major challenges in denver metro area for new home seekers as median home price increases by 21% in past year

major challenges in denver metro area for new home seekers as median home price increases by 21% in past year

The housing market in the Denver metro area has seen a dramatic increase in home prices of more than 20 percent over the past year, making it even more competitive for families to buy their first home. Those who were able to purchase a house say they had to open their search beyond their initial expectations as realtors say the inventory will only improve slightly for the rest of 2021, keeping it a seller’s market.

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denver homes are (still) selling fast and for top dollar

denver homes are (still) selling fast and for top dollar

For the second month in a row, attached properties sold for record-breaking prices. The average price of a single-family home also reached a new high at $632,581.

So far, 2021 doesn’t look much different from 2020—and we’re not just talking about COVID-19 restrictions. Denver’s housing market, which has been scorching hot for the past year, shows no sign of slowing down. There are an abundance of buyers, homes are selling fast, and prices keep increasing.

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record-low inventory doesn't tell full story of denver's fast-paced real estate market

record-low inventory doesn't tell full story of denver's fast-paced real estate market

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.

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how to navigate colorado’s low inventory market like a pro

how to navigate colorado’s low inventory market like a pro

There’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.

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staggeringly low housing inventory across colorado

staggeringly low housing inventory across colorado

While 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).

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connecticut home sales roll strongly into 2021, with little signs of slowing down, new report shows

connecticut home sales roll strongly into 2021, with little signs of slowing down, new report shows

Connecticut 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.

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