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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 County: This home went on […]
What $465,000 buys right now in three Metro Denver Counties Read More »
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 mortgages hit record lows last week, going below
Front Range Real Estate Market Update, July 23, 2020 Read More »
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 year home prices have declined nationally in more than nine years. The report suggests
Front Range Real Estate Market Update, July 16, 2020 Read More »
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 June 2019 and 16.25% higher than May 2020.
Front Range Real Estate Market Report, July 9, 2020 Read More »
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, nurses, and others in
Happy Fourth of July from The Principal Team Read More »
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