The Current Front Range Real Estate Market
We consistently publish information about the Metro Denver real estate market, including updates on pricing, sales, time on the market and more. Take a look at recent posts here. We also publish updates on our other website, Metro Denver Luxury Homes.
What’s in store for 2024? Some experts have recently revised their predictions. Let’s take a look.
Homes took an average of 49 days to sell last month. See what else is happening in the Metro Denver real estate market.
What goes down must come up? It seems like that’s the case with home prices. Take a look at what’s happening now in Metro Denver.
Closings were down almost 10% year-over-year and it took 45 days on average before sellers accepted an offer. See what else happened during December.
Mortgage rates hit a nearly 3-month low. That’s good news for buyers and sellers, but what’s in store for 2024?
Yesterday, the national average interest rate for a 30-year fixed mortgage hit 8% for the first time since 2000. Find out how this is having an effect on our market.
The National Association of REALTORS, the Mortgage Bankers Association and the National Association of Homebuilders had a lot to say to the Federal Reserve this past week. Find out what they’re concerned about and what they recommend the FED do.
Inventory continues to rise as higher interest rates keep buyers on the sidelines. More homes for sale could help moderate price increases.
There are some positive trends in the metro Denver real estate market! Find out the good news.
In real estate, things can change quickly. Since June, when the median price of a home peaked, things have shifted. See how.
The percentage of sellers who have lowered their asking price is up significantly since March and looks similar to a year ago. We dive into local pricing in this week’s market update.