Ready to Make Your Move?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.
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.
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
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
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
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
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
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
Front Range Real Estate Market Report – May 28, 2020
Market Update, May 28, 2020 Mortgages are on our minds again this week. Rates set a new record low for the third time in three months. The average rate for a 30-year fixed mortgage fell to
Front Range Market Update – 4/30/2020
Nobody knows for sure what will happen, but once the economy opens, we believe we’re likely to see a surge in the real estate market that will last two to three weeks. Pent up demand for
Front Range Real Estate Market Report, April 23, 2020
Market Update, April 23, 2020 Governor Polis outlined the state’s “Safer at Home” Plan this week, which begins to open the economy and aims to protect people, especially vulnerable populations, from exposure to the coronavirus. Real estate showings will be permitted starting
Front Range Real Estate Market Update, April 9, 2020
We hope you and your loved ones are safe and healthy during this unprecedented moment. Sellers are taking a break in the face of COVID-19 by withdrawing homes from the market. We normally see the most
Market Update and Message from The Principal Team, 4/2/2020
Minutes after we published last week’s market update, the state added real estate to its list of essential businesses. The current situation means we must take extreme caution to ensure the safety of clients and others