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During the last week: New Listings – 750 Back On Market – 125 Price Increase – 186 Price Decrease – 271 Pending – 1525 Withdrawn – 76 Closed – 899 Expired – 130 — Previous Week: New Listings – 627 Back On Market – 123 Price Increase – 229 Price Decrease – 224 Pending – […]
Quick Market Update, 1/28/2021 Read More »
People are wondering what impact the new president will have on real estate. We can’t predict the future, but we do know quite a bit about President Biden’s plans. In general, the administration hopes to make owning a home more affordable. One way they hope to accomplish this is by implementing a first-time homebuyer tax credit.
How will the new administration affect real estate and housing? Read More »
We’re still in a period with high demand for homes, low mortgage rates and low inventory. Multiple offers are common. We expect this to continue throughout at least the first quarter. More new construction and more sellers entering the market will help take some pressure off buyers and make for a more balanced market. With competition so
How to Pay Cash When You Purchase a Home in Metro Denver Read More »
We ended 2020 with a record-low number of homes on the market – just 2,541. The average number of homes for sale at the end of December is 12,941. With such low inventory, the market strongly favors sellers. The average closed price was up 5.44% compared to 2019. Despite the pandemic-induced stand-still in the market during
Front Range Real Estate Market Update, 1/7/2021 Read More »
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