Colorado’s capital has transformed from a city in decline into a magnet for the affluent.
Statistically speaking, Denver’s economy is on fire. Unemployment has more than halved in the past year, GDP is expected to grow 73% faster in 2022 than the national figure and inflation — even more so than in the rest of the country — is on a tear.
Read MoreThe median sales price for a single-family home sold in Westchester County during May was $825,000. That's an increase of 13% compared with May 2021, according to a USA TODAY Network localized analysis generated with data from Realtor.com.
Read MoreWith home prices increasing by over 30% nationally since June 2020, many people wonder if Denver is in a housing bubble about to burst.
However, experts say several factors indicate Denver’s housing market remains strong.
Read MoreFrom this time last year, median house prices have risen 11.5%, to $723,750, in metro Denver metro, according to the latest Market Trends Report from the Colorado Association of Realtors. In normal times, that would be a hefty hike. But it’s nothing compared to recent years, when home prices have been rising around 20%, from one year to the next.
Read MoreIn Connecticut, the wealthiest movers on average came from Fairfield County and moved to Palm Beach County, Fla. Palm Beach County is home to popular coastal cities like Palm Beach, West Palm Beach and Boca Raton. The data showed that 418 different families totaling 778 people filed their 2019 taxes in Fairfield County and their 2020 taxes in Palm Beach County. That means over $327 million in income moved from Connecticut down to Florida, making the average income per person just over $421,000.
Read More“There’s a great balance of access to the city and nature with the kind of tight-knit community we had in Williamsburg,” said Ms. Jones, the director of gallery operations and sales for the Robert Mapplethorpe Foundation.
Read More"Gone are the days that a seller can simply put a sign in the yard and expect their home to sell," the Denver Metro Association of Realtors reports.
Read MoreThe average sales price for a Fairfield County residence in the second quarter was $970,396, up by 18.6% from the $818,477 price in the first quarter and up 2.4% from the $947,230 price from one year earlier. The second quarter’s median sales price of $600,000 was up by 22.4% from the first quarter’s $490,000 and up 5.3% from the $570,000 in the second quarter of 2021.
Read MoreBig shifts are increasingly favoring buyers over sellers
A big chill continued to descend on metro Denver’s housing market last month as home sales fell sharply and the number of listings continued to soar, according to a monthly update from the Denver Metro Association of Realtors.
Read MoreIt’s still a seller’s market, whether it feels that way or not.
In May, the median price of a home in the United States passed $400,000 for the first time, according to the National Association of Realtors. And bidding wars accounted for 55 percent of home sales in the four week period ending June 19, up from 53 a year earlier, according to Redfin.
Read MoreInventories of houses for sale in June were mostly up in Northern Colorado and the Boulder Valley, with median sales prices in June once again taking a dip from the year’s highs.
Read MoreA new state program in Connecticut is helping residents achieve their dreams of being first-time homebuyers by providing up to a $25,000 forgivable loan for down payment assistance in purchasing a home in Bridgeport.
Read MoreMore houses hit the market in June than last year. Plus: The U.S. catches up with Denver’s inflation rate, a slowdown at the unemployment office and more!
Read MoreIn Connecticut’s collegiate New Haven, where the median asking price for a home rose significantly over the Stacker compiled a list of cities with the fastest-growing home prices in Connecticut using real estate data from Zillow.
Read MoreMetro Denver’s housing market is facing some major headwinds that will contribute to a larger than expected drop in home sales and slower than predicted price gains, according to a mid-year update from the Denver Metro Association of Realtors.
Read MoreThe number of homes and condos up for sale in the Denver metro rose by nearly two-thirds from May to June and the number of properties available on the market grew by nearly twice from a year ago, according to the latest market trends report from the Denver Metro Association of Realtors.
Read MoreIn Weston, Conn.: a three-bedroom, four-and-a-half-bath, 5,864-square-foot home with three fireplaces, a living room and dining room that have two-story windows and attractive wood ceilings, a new kitchen, a family room with a wall of windows, a primary suite that has a large bath with heated floors, a finished lower level that has a second family room, office and gym, a detached two-car garage, a heated in-ground pool with a stone patio, and a tennis court, on 5.36 acres.
Read MoreNationally, supply has increased, too, leading to more options for potential buyers. Active home listings have increased on a year-over-year basis for the fifth week in a row, according to Realtor.com data released today. And for the first time in seven weeks, median listing price growth slowed—though it remained well above the historic norm.
Read MoreWe're already seeing the U.S. housing market slow down in the face of spiking mortgage rates. Mortgage applications are declining, fewer listings are getting multiple offers, and inventory levels are rising again. However, that's a deceleration—meaning prices are going up at a more modest rate—not a price correction.
Read MoreThe median sales price for a single-family home in Westchester County during March was $680,000. That's an increase of 0.7% compared with March 2021, according to a USA TODAY Network localized analysis generated with data from Realtor.com.
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