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The Principal Team

Colorado Front Range Real Estate Market Update – 9/23/2021

You’re going to start hearing about foreclosures going up. Here’s what you should know about those headlines.   I just searched and, in our entire MLS, there are 12 foreclosed properties. In the Denver metro area, there are five.   Take the news about foreclosures with a big grain of salt.   Of course, it’s […]

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Front Range Real Estate Market Update, 9/16/2021

In August, 20.9% of the homes for sale had been reduced in price. In the one-week period that ended a week ago, there were 596 price reductions. This past week, there were 772. In other words, during the past week, there were 29.5% more price reductions than there were the week before. It’s not April

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Just Listed – 8601 Cedar Lane, Westminster, CO 80301

8601 Cedar Lane Westminster, CO 80031 3 Bedrooms | 2 Bathrooms | 1,460 Sq Ft $435,000 This gorgeous home in Shaw Heights features amazing outdoor spaces, an updated kitchen and updated bathrooms and three bedrooms. Click to see photos, take a virtual tour and get all the details about this home. Call 720-782-2468 to schedule

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Front Range Real Estate Market Update, 9/2/2021

Mortgage rates continue to hover between 2.87% and 3.03%, after remaining low the entire year. These low rates are helping take some of the pressure off buyers, who may have sticker shock. In our local MLS, which covers a large part of the state, the average price for a home sold in August was $606,789,

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The National Association of REALTORS®’ latest housing report shows housing inventories are increasing

REALTOR Magazine reports: The National Association of REALTORS®’ latest housing report shows housing inventories are increasing, by 7.3% in July compared to June. A greater number of homes for sale will lessen the intensity of multiple offers, said Lawrence Yun, NAR’s chief economist, in regard to the latest home sales numbers. “We’re seeing the gap narrowing

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Buyers have more to choose from than they have in many months, but first-time buyers aren’t finding what they need

Buyers have more to choose from than they have in many months, but first-time buyers aren’t finding what they need and many have just stopped looking. From HousingWIre: After a year of extremely tight housing inventory, the housing market is showing signs of finally adding housing stock. The inventory of unsold homes rose by 7.3%

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Emergency Rental Assistance for Tenants and Landlords in Colorado

States opened 2021 Emergency Rental Assistance programs with federal funds through the U.S. Department of the Treasury as authorized by the Consolidated Appropriations Act of 2021. If you’re a tenant – or a landlord – who needs help getting rent paid in Colorado, take a look at the link below. From the state of Colorado:

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