When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among … [Read more...]
Experts Surprised by the Strength of the Economy Are Adjusting Forecasts
We are currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street … [Read more...]
Available Housing Inventory Continues to Shrink
If you’re following what’s happening in the current housing market, you’ve seen how the lack of newly constructed homes is a major reason there’s a shortage of housing inventory available to today’s buyers. Another reason is that the … [Read more...]
Is This Housing Market a Good Time to Sell My House?
If one of the questions you’re asking yourself today is, “Should I sell my house this year?” the current Housing Opportunities and Market Experience (HOME) Survey from the National Association of Realtors® (NAR) should boost your confidence … [Read more...]
First-Time Homebuyers Seeking Out Existing Homes in 2020
In the latest Housing Trends Report, the National Association of Home Builders (NAHB) measured the share of adults planning to buy a home over the next 12 months. The report indicates the percentage of all buyers that will be … [Read more...]
Homebuying Checklist for Buying a Home in 2020
Some Highlights: If you’re thinking of buying a home, plan ahead and stay on the right track, starting with pre-approval. Being proactive about the homebuying process will help set you up for success in each step. Make sure to … [Read more...]
Short Housing Supply Impedes Buyer’s Ability To Find Dream Home
The headlines in real estate today all revolve around one major point: there is a shortage of homes available for sale. Price appreciation is accelerating again because there is a shortage of homes available for sale. First-time buyers are … [Read more...]
How Downsizing Homebuyers Can Win in 2020
Home values have been increasing for 93 consecutive months, according to the National Association of Realtors. If you’re a homeowner, particularly one looking to downsize your living space, that’s great news, as you’ve likely built … [Read more...]
Can You Guess The Two Surprising Things Homebuyers Really Want?
In a market where current inventory is low, it’s normal to think buyers might be willing to give up a few desirable features in their home search in order to make finding a house a little easier. Don’t be fooled, though – there’s still an … [Read more...]
2020 Is Your Year to Make the Dream of Homeownership a Reality
In 1963, Martin Luther King, Jr. led and inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his … [Read more...]
Denver Metro Real Estate Market – January 2020
Denver's real estate housing market is expected to be fairly good this year. I have heard 5% appreciation mentioned and it seems possible, which would be a notch better than 2019. Denver's local economy is solid and well-diversified. It has … [Read more...]
Economic Summit – The Economy and Housing Market in 2020
Recently I attended an Economic Summit hosted by the Denver Metro Association of Realtors at Mile High Stadium. There were about 500 of my peers -- fellow Realtors that like to be dialed into the market, out of about 40,000 in Colorado -- … [Read more...]
Top Markets Where Millennials, Gen X, and Boomers Are Buying Homes [INFOGRAPHIC]
Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong … [Read more...]
Housing Inventory Continues to Decrease
The real estate market is expected to do very well this year as mortgage rates remain at historic lows. One challenge to the housing industry is the lack of homes available for sale. Last week, move.com released a report showing that 2020 … [Read more...]
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