When you hear the phrase home price appreciation, what does it mean to you? Through context clues alone, chances are you know it has to do with rising home prices. And as a seller, you know rising home prices are good news for your … [Read more...]
Denver Housing Market Updates
Interested in the Denver housing market? You've come to the right place. Here you will find quality Denver real estate market reports and commentary from reputable third parties. Please reach out to me with any questions you may have.
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...]
Sellers: Make Your Home Price Appreciation Work For You
Home prices continue to rise as we move through the summer, and that’s good news for sellers who are looking to maximize their home’s potential. If you’re on the fence about whether to list your house now or later, the question you should … [Read more...]
Median Rental Rates Are Now Higher Than Mortgage Payments – Time To Buy A Home
According to recent data from realtor.com, median rental prices have reached their highest point ever recorded in many areas across the country. The report found rents rose by 8.1% from the same time last year. As it notes: “Beyond simply … [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...]
Metro Denver Housing Market Update – May 2021
** The metro Denver housing market data reported in May is similar to the April housing market report. Related pages … [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...]
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...]
Metro Denver Housing Market Update – January 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 December are 12,941 (1985-2020).Record-high December was 2007 with … [Read more...]
Metro Denver Housing Market Update – October 2020
Denver's real estate housing market has remained strong this year amid market forces from COVID and our recurring low supply of housing inventory and high buyer demand. As people change their home preferences due to COVID and working from … [Read more...]
Metro Denver Housing Market Update – September 2020
Denver's real estate housing market has remained strong this year amid market forces from COVID and our recurring low supply of housing inventory and high buyer demand. Bottom Line: Housing inventory is at a very low level. Buyers … [Read more...]
