A recent survey revealed that many consumers believe there’s a housing bubble beginning to form. That feeling is understandable, as year-over-year home price appreciation is still in the double digits. However, this market is very different … [Read more...]
National and Metro Denver Real Estate Housing Market Updates
Frequently updated insights into the national U.S. real estate housing market as well as the local Denver real estate housing market.
Now Is Time To Sell — Homebuyers Move Up Their Timeline To Buy
While some homeowners may be tempted to hold off until spring to list their houses, you should know – homebuyers aren’t waiting. Demand is high today as more people are trying to beat rising mortgage rates. As a result, eager buyers are … [Read more...]
Metro Denver Housing Market Update – February 2022
Denver's real estate market started with a bang in 2022, with the first full week of January feeling like much of the most competitive part of 2021. For those buyers just coming into the market, please prepare yourself before making offers … [Read more...]
2021 Metro Denver Housing Market Recap
The 2021 metro Denver real estate market will go down in the record books as being one of the most competitive markets we have had. Fueling the intensity were big forces, such as record low housing supply, high buyer and renter demand, … [Read more...]
Understanding How the Economy Works
Buying a house is a major life purchase and, given the significance of this purchase, just the idea of buying a house may generate many questions and some anxiety. One factor you may consider when buying a house is the economy and how it … [Read more...]
Metro Denver Housing Market Update – December 2021
Denver's record-low housing inventory eased up the second half of the year, helping to normalize the market a bit from an intense first half. Now is the best time for buyers to be looking for homes if they want to avoid an intense market … [Read more...]
Homebuyers Feel Relief With Fall Home Inventory Surpassing Spring
There’s a lot of talk lately about how challenging it can be to find a home to buy. While housing inventory is still low, there are a few important things to understand about the supply of homes for sale as we move into the end of the … [Read more...]
Metro Denver Housing Market Update – October 2021
Denver's record-low housing inventory continues to ease, helping to normalize the market a bit. Let's take a look at the Denver housing market reports with data from last month... Denver Housing Market Updates Real Estate Market … [Read more...]
The Competitive Real Estate Market: High Demand, Low Supply [INFOGRAPHIC]
Some Highlights Today’s strong sellers’ market is the direct result of high demand and low supply. Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home … [Read more...]
Here is Today’s Housing Market Supply and Demand Dynamic
There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item … [Read more...]
Denver and the West Hit 20% Home Price Appreciation in 2021
One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this … [Read more...]
Metro Denver Housing Market Update – August 2021
Denver's record-low housing inventory eased up in July -- Phew! Here are some quick stats to illustrate the point… Average active listings for July is 16,302 (1985-2020).Record-high July was 2006 with 31,989 listings.Record-low July … [Read more...]
How Affordable Are Houses Today Compared to Prior Decades? (1975-2021)
There are many headlines about how housing affordability is declining. The headlines are correct: it’s less affordable to purchase a home today than it was a year ago. However, it’s important to give this trend context. Is it less expensive … [Read more...]
Mortgage Forbearances Will Not Lead to a Foreclosure Crisis. Here Are 4 Reasons Why…
With forbearance plans about to come to an end, many are concerned the housing market will experience a wave of foreclosures like what happened after the housing bubble 15 years ago. Here are four reasons why that won’t happen. 1. There … [Read more...]
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