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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 »
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 »
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 from $511,702 in March. Normally, May
Front Range Real Estate Market Report – 6/25/2020 Read More »
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 – May 2010 to May 2020 Average Closed Price
Front Range Real Estate Market Update, June 11, 2020 Read More »
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% Pending: 4,979, up from 2,359 Closed Homes: 3,152, down 19.71% Average
Front Range Real Estate Market Update, June 2020 Read More »
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 3.15% this week. In fact, Freddie Mac data over the past five decades shows this is the lowest rate recorded.
Front Range Real Estate Market Report – May 28, 2020 Read More »
How do you earn the most money when you sell your home? Over the years, we’ve found best way to walk away with the most money possible is to expose your home to as many likely buyers as possible. The more interest in your home we can create, the higher the price it will command.
How do you earn the most money when you sell your home? Read More »
Happy New Year! I hope 2020 is off to a great start for you and your loved ones. The real estate market, as always, is changing! Inventory is scarce. There just aren’t many homes for sale. In fact, we finished 2019 with almost 10% fewer homes to choose from than we had at the beginning
Thoughts on the Market Last Year and As We Begin 2020 Read More »
During negotiations, buyers and sellers decide who will pay for what. In Colorado, there’s general agreement as to who pays for certain items, although many items are often negotiable. Questions? Give us a call at 303-720-4809. Broker Commission Sellers pay a commission to the broker who represents them (the listing broker) and a commission to
Seller’s Closing Costs in Colorado Read More »
There’s more to selling a home than planting a sign in the yard. It’s important to get the best price and most favorable terms possible, in a time frame that works best for you. Our role is to expose your home to the largest number of buyers possible and represent you during every phase of
The Principal Team Difference Read More »
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