If you’ve been looking to buy a home these past few months around Denver, you probably know how unimaginable, absurd and downright rude real estate prices have become.
And that’s with things improving. Listings stayed on the market for an average of 11 days as of last month; the median home price fell to $581,000 (down from a $600,000 all-time high in June).
Read MoreTarrytown, unlike other river villages where families examined real estate, such as Hastings-on-Hudson and Dobbs Ferry, had a marked mix of race and socio-economy, especially given its size of three square miles.
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 MoreAs a general rule, real estate agents frown on buyers having face time with sellers because things can go wrong. A whole lot of things, in fact. Even seemingly innocent comments could land buyers or sellers in hot water—and jeopardize the entire real estate deal.
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.
Read MoreThe U.S. housing market in 2021 has been a year full of low interest rates, eager buyers and low inventory of homes on the market. Denver is no exception, especially as it continues to attract young professionals, growing families and others to its location on the Front Range of the Rocky Mountains.
Read MoreHome prices are still climbing nationally, but a slowdown in price appreciation is inevitable as more people are priced out of the market, according to experts.
Read MoreAfter a year of record-breaking buying and selling activity in Colorado, it appears as though the red-hot market is finally cooling off and settling back into its typical trends.
Read MoreIt started in 2020 with the coronavirus pandemic, as urban dwellers fled the dense cities and moved to the spread-out suburbs, snapping up properties sight unseen in some cases. And as jobs went remote and workers realized they no longer had to live in a set spot, the moves continued in 2021. With a serious lack of inventory, bidding wars ensued, some buyers skipped home inspections or paid cash to lure sellers to accept their offer, and the most-coveted homes sold seemingly the moment they went on the market.
Read MoreBalance is good for both buyers and sellers.
Denver's red hot housing market is finally beginning to balance out, but don't call it a cooldown, experts say.
Read MoreHomeownership and its positive impact on families, communities and the nation's economy has been a source of hope for many during the rough times and tumultuous economy associated with the pandemic. With home sales continuing to skyrocket, the American Dream of homeownership and identifies the many benefits of owning that roof over your head.
Read MoreThe prolonged nature of the COVID-19 pandemic has created a housing market driven by more emotional decisions.
Read MoreIn this lake-dappled town in Fairfield County, the arts are the ‘engine that drives our community.’ But the charming Main Street may be the biggest lure.
Read MoreAfter months of bidding wars, rising prices and extreme concessions by buyers, realtors said the market is starting to look normal.
Read MoreSales of homes in Westchester County continued booming in 2021. The flourishing sales in Westchester County is leading to thriving statistics across the Hudson Valley with numbers higher than compared to the past three years according to Hudson Gateway Association of Realtors (HGAR).
Read MoreThe U.S. Supreme Court's decision to lift a moratorium on rent because of economic hardships related to the pandemic moved state Sen. Tony Hwang, R-28, to hold an awareness and information news conference Monday afternoon outside of Operation Hope.
Read MoreMetro Denver’s housing market slowed in July, with closings down from June and the inventory of available homes remaining tight but rising at a record rate, according to the monthly Market Trends Report from the Denver Metro Association of Realtors.
Read MoreIt’s no secret that the COVID-19 pandemic has turned the real estate market into a wild domain. If you’re looking to buy or sell a home, you’re likely eager to know how long this will last.
In June 2021, home prices across the U.S. surged 24.8% year-over-year — to a median sale price of $386,888 — according to Redfin. During the same time period, the number of homes sold increased 20.6% and the number of homes for sale tumbled 39.6%.
Read MoreThe real estate scenes in Denver and Colorado as a whole continue to send mixed signals. Earlier this month, the Denver Metro Association of Realtors highlighted data suggesting that the local market could plateau soon, even as the average price for a single-family detached home hit another record high. And now, a new report from the Colorado Association of Realtors cites rising inventory and more pricing flexibility — yet affordability figures have never been worse.
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