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...]
National and Local Real Estate Housing Market
Frequently updated insights into the national U.S. real estate housing market as well as the local Denver real estate housing market.
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...]
Update on Housing Supply and Its Impact on Home Sellers
One of the hottest topics of conversation in today’s real estate market is the shortage of available homes. Simply put, there are many more potential buyers than there are homes for sale. As a seller, you’ve likely heard that low supply is … [Read more...]
These 3 Charts Show This is Not a Housing Bubble
With home prices continuing to deliver double-digit increases, some are concerned we’re in a housing bubble like the one in 2006. However, a closer look at the market data indicates this is nothing like 2006 for three major reasons. 1. The … [Read more...]
Metro Denver Housing Market Update – May 2021
The metro Denver housing market data reported in May is similar to the April housing market report. Please revisit this page soon as I am in the process of aggregating the most-current information for you here. Related pages Denver … [Read more...]
These 3 Charts Show Why Now is a Good Time to Sell a Home
There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor … [Read more...]
Home Price Appreciation Appears to be Accelerating Again
At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to … [Read more...]
Metro Denver Housing Market Update – April 2021
Denver's real estate housing market continues to have record-low housing inventory. Here are some quick stats to illustrate the point… Average active listings for March is 14,250 (1985-2020).Record-high March was 2006 with 27,309 … [Read more...]
By The Numbers: Sellers’ Market [INFOGRAPHIC]
Some Highlights Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring. With homes selling twice as fast as they did last year at this time, getting multiple … [Read more...]
POOF – Housing Supply Nearly Half of Last Year
In today’s housing market, it seems harder than ever to find a home to buy. Before the health crisis hit us a year ago, there was already a shortage of homes for sale. When many homeowners delayed their plans to sell at the same time that … [Read more...]
How Record-Low Housing Inventory Affects Buyers and Sellers
The real estate market is expected to do very well in 2021, with mortgage rates that are hovering at historic lows and forecasted by experts to remain favorable throughout the year. One challenge to the housing industry, however, is the … [Read more...]
Over 6 Million Homeowners Entered a Forbearance Plan. How Will This Affect the Housing Market?
According to the latest report from Black Knight, Inc., a well-respected provider of data and analytics for mortgage companies, 6.48 million households have entered a forbearance plan as a result of financial concerns brought on by the … [Read more...]
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