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Information for Buyers, Sellers and Homeowners
The Front Range Real Estate Blog
Front Range Real Estate Market Update, August 27, 2020
Every home in America just got a flood-risk score. Your home - and any home you may purchase - has an easy-to-access "Flood Factor" score that "is an indicator of its comprehensive flood risk" and shows a property's "likelihood of flooding and the potential depth of...
Front Range Real Estate Market Update, August 20, 2020
There are more buyers than homes available and buyers are competing to purchase homes. Multiple-offer situations can be frustrating. Being prepared, having a strategy and being patient and open to change can help. Every buyer should be pre-approved for a loan....
Front Range Real Estate Market Update, August 13, 2020
From July 2019 to July 2020 the number of active listings - all homes for sale in the metro area, including townhomes, condos and single-family homes - decreased 41.5%. That lack of inventory was a major factor in rising home prices. 20.3% more homes sold this July...
Front Range Real Estate Market Update, August 6, 2020
There still aren't enough homes for sale in Metro Denver to satisfy buyer demand. Statistics for July indicate scarcity of choice was one reason detached homes sold at a record average price last month - $601,863. This is nearly ten percent higher than a year ago...
What $465,000 buys right now in three Metro Denver Counties
The median value of homes in the metro area is about $465,000 and we're seeing quite a few price reductions in the market. We thought it would be interesting to take a look at what you can buy when you look at homes reduced in price to near the median. Jefferson...
Front Range Real Estate Market Update, July 23, 2020
Last week, we mentioned that some analysts believe home prices will decrease in the metro area by next May. Even if prices do decrease, it may make sense to buy a home now rather than wait. The biggest reason for this is interest rates. Interest rates for 30-year...
Front Range Real Estate Market Update, July 16, 2020
California's CoreLogic, a data and analytics company, just released their Home Price Insights report, designed to predict what will happen with housing between now and May 2021. The report predicts home prices will decrease 6.6% from May 2020 to May 2021, the first...
Front Range Real Estate Market Report, July 9, 2020
June numbers are out. As the economy opened, a combination of low interest rates, pent up demand and low inventory led to more homes being under contract than came on the market. 7,676 homes went under contract last month. That’s a record high, up 27.38% compared to...
Happy Fourth of July from The Principal Team
Have a safe and happy Fourth of July weekend! We hope you're doing well. For many of us, this is a trying time. The people who serve our community the most seem to be going through the most. Teachers had to adjust to an entirely new way of doing things. Doctors,...
Front Range Real Estate Market Report – 6/25/2020
Market Update, June 25, 2020 For years, home prices have risen steadily in the Denver metro area, but we may be seeing some stabilization in pricing now. The average price for a home that sold in the area during May was $494,550, down from $502,168 in April and down...
Front Range Real Estate Market Update, June 11, 2020
Market Update, June 11, 2020 Where were you in 2010? In the same home? In a different state or town? We thought it would be interesting to look at some key real estate statistics from May 2020 and compare them to what was happening during May 2010. Active Listings -...
Front Range Real Estate Market Update, June 2020
June Market Report Month-over-month numbers for May The number of homes sold, the average closed price and the median closed price were all down in May, but the active inventory and number of homes under contract were up significantly. Active Inventory: 7,170, up 4.6%...
Browse Homes for Sale in These Areas in Metro Denver:
Types of Homes for Sale in Metro Denver:
“Buying and selling real estate is one of the most stressful experiences in life. I am always grateful to have David and his team by my side. I have trusted David for years and never once been disappointed. David Lampe is my REALTOR®. No need to ever use anyone else when you have the best already.”
– Brian DeCock, Denver, CO
“We have been working with David Lampe and his team for 5 years and are very satisfied with his expertise and service. David is simply an amazing real estate agent. He quickly finds a solution to any problems. He is very efficient with every aspect of the sale. This is our sixth real estate contract with David. His performance is consistently excellent.“
– Helen Toscano, Lyons, CO
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The Principal Team at Metro Brokers
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