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You are here: Home / Archives for economy

Understanding How the Economy Works

January 1, 2022

how the eonomy 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...]

Topic: Homeownership, Financing a Home, National and Metro Denver Real Estate Housing Market Tagged With: Denver Real Estate Market, economy, national housing market, supply and demand

How Affordable Are Houses Today Compared to Prior Decades? (1975-2021)

August 11, 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...]

Topic: Buying a Home, Homeownership, National and Metro Denver Real Estate Housing Market, Real Estate, Renting Tagged With: appreciation, Buy vs Rent Home, Denver Real Estate Market, Denver Rental Rates, economy, First-Time Homebuyers, home equity, housing crisis, housing inventory, housing supply, millennials, Mortgage Interest Rates, recession, relocating to Denver, saving to buy a home, senior housing, supply and demand

Sellers: Make Your Home Price Appreciation Work For You

August 4, 2021

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...]

Topic: Homeownership, Real Estate, Selling a Home Tagged With: appreciation, Denver Real Estate Market, economy, remodel home, sell, supply and demand

Mortgage Forbearances Will Not Lead to a Foreclosure Crisis. Here Are 4 Reasons Why…

July 28, 2021

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...]

Topic: Buying a Home, Financing a Home, National and Metro Denver Real Estate Housing Market, Real Estate, Real Estate Investing, Selling a Home Tagged With: appreciation, COVID, Denver Real Estate Market, economy, fixer-upper, forbearance, foreclosure, home equity, housing crisis, housing inventory, housing supply, national housing market, Pricing a home for sale, recession, sell, supply and demand

Update on Housing Supply and Its Impact on Home Sellers

July 27, 2021

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...]

Topic: Buying a Home, National and Metro Denver Real Estate Housing Market, Real Estate, Selling a Home Tagged With: appreciation, Buy vs Rent Home, Denver Real Estate Market, economy, home equity, housing inventory, housing supply, millennials, national housing market, preparing home to sell, Pricing a home for sale, sell, supply and demand

Home Price Appreciation Appears to be Accelerating Again

April 29, 2021

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...]

Topic: Homeownership, National and Metro Denver Real Estate Housing Market, Real Estate Tagged With: appreciation, Buy vs Rent Home, Denver Real Estate Market, Denver Rental Rates, economy, home equity, housing inventory, housing supply, millennials, national housing market, supply and demand

By The Numbers: Sellers’ Market [INFOGRAPHIC]

February 26, 2021

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...]

Topic: Buying a Home, National and Metro Denver Real Estate Housing Market, Real Estate, Selling a Home Tagged With: appreciation, Buy vs Rent Home, Denver Real Estate Market, economy, First-Time Homebuyers, home equity, housing inventory, housing supply, national housing market, Net Worth, preparing home to sell, Pricing a home for sale, seniors, supply and demand

Over 6 Million Homeowners Entered a Forbearance Plan. How Will This Affect the Housing Market?

January 27, 2021

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...]

Topic: Buying a Home, Financing a Home, Homeownership, National and Metro Denver Real Estate Housing Market, Real Estate, Real Estate Investing Tagged With: COVID, economy, forbearance, foreclosure, housing crisis, Mortgage, Mortgage Loan, national housing market, recession

August 2020 Unemployment Rate Drops to 8.4%

September 9, 2020

Last Friday, the Bureau for Labor Statistics released their Employment Report for August 2020. The big surprise was that the unemployment rate fell to 8.4%, a full percent lower than what many analysts had forecasted earlier in the week. … [Read more...]

Topic: National and Metro Denver Real Estate Housing Market, Real Estate Tagged With: economy

Unemployment Report: Clarifying, Not Terrifying

May 12, 2020

Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%. Many anticipate that next month the … [Read more...]

Topic: National and Metro Denver Real Estate Housing Market, Real Estate Tagged With: economy, recession, unemployment

Economic Summit – The Economy and Housing Market in 2020

January 18, 2020

denver economic housing summit 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...]

Topic: National and Metro Denver Real Estate Housing Market Tagged With: Denver Real Estate Market, economy

This Time is Different – An Economic Recession Will NOT Cause a Housing Crisis

March 6, 2019

If you're thinking about buying or selling a home, you may be wondering how the housing market will be impacted by a recession. Last week, the National Association for Business Economics released their February 2019 Economic Policy Survey. … [Read more...]

Topic: National and Metro Denver Real Estate Housing Market, Buying a Home, Real Estate, Renting, Selling a Home Tagged With: economy, housing crisis, recession

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Denver Real Estate Blog

  • You May Not Need as Much as You Think for Your Down Payment [INFOGRAPHIC] February 3, 2023
  • Experts Forecast a Turnaround in the Housing Market in 2023 February 2, 2023
  • Should You Rent Your House or Sell It? February 1, 2023
  • Lower Mortgage Rates Are Bringing Buyers Back to the Market January 31, 2023
  • Where Will You Go If You Sell? You Have Options. January 30, 2023
  • Homeownership Boosts Your Net Worth Through Equity [INFOGRAPHIC] January 27, 2023
  • REcolorado MLS Ranks Scott Rodgers 2022 Top-40 Agent by Residential Sales, Top-5 for Denver County. January 26, 2023
  • Moving Now May Be A Better Option Than This Spring January 26, 2023
  • Why You Shouldn’t Fear Today’s Foreclosure Headlines January 25, 2023
  • The 3 Factors That Affect Home Affordability January 24, 2023

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