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...]
National and Local The 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.
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...]
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...]
Housing Affordability Index: Homes Are More Affordable Now Than 20 Years Ago
There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, … [Read more...]
Projections for the 2020 Real Estate Market
This will be an interesting year for residential real estate. With a presidential election taking place this fall and talk of a possible recession occurring before the end of the year, predicting what will happen in the 2020 U.S. housing … [Read more...]
Three Expert Forecasts for the 2020 Housing Market
When closing out another year, it’s normal to wonder what’s ahead for the housing market. Though there will be future inventory issues, we expect interest rates to stay low and appreciation to continue. Here’s what three experts are saying … [Read more...]
2020 Forecast: Home Price Appreciation
Questions continue to rise around where home prices will head in 2020. The latest forecast from CoreLogic shows continued appreciation at 5.4% over the next year: Additionally, ARCH Mortgage Insurance Company in their current Housing and … [Read more...]
What Might The 2020 Housing Market Bring [INFOGRAPHIC]
Some Highlights: Interest rates will be lower than they have been since before 1980 at 3.8% and are projected to remain steady throughout 2020! According to CoreLogic, home prices will appreciate at a rate of 5.4% over the course of … [Read more...]
Dollar Change in Homeowner Equity by State (year over year)
Studies have shown that, in many cases, the largest asset a family owns is the house they live in. Over the last twelve months, that asset has gained substantial value. CoreLogic just released their 2019 3rd Quarter Homeowner Equity … [Read more...]
Inventory Shortage to be the Biggest Issue Facing Housing in 2020
This coming year the housing market will be defined by 3 things- inventory, interest rates, and appreciation. But the biggest issue the housing market will face in 2020 is an inventory shortage. There aren’t enough homes on the market for … [Read more...]
When Will This Economic Cycle End?
The economy is currently experiencing the longest recovery in our nation’s history. The stock market has hit record highs, while unemployment rates are at record lows. Home price appreciation is beginning to re-accelerate. This begs the … [Read more...]
Homes Across The Country Are Selling Fast [INFOGRAPHIC]
Some Highlights: The National Association of REALTORS® surveyed their members for the release of their Confidence Index. The REALTORS® Confidence Index is a key indicator of housing market strength based on … [Read more...]
3 Reasons We Won’t See a Real Estate Market Like 2008 Again Anytime Soon
Today’s real estate market is nothing like the 2008 market. When an economic slowdown happens, it won’t resemble the last one. No one knows for sure when the next recession will occur. What is known, however, is that the upcoming … [Read more...]
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