Over the past 25 years, nationwide home prices have appreciated about 3.8% per year. During the past year, the average price for a home is up 9.6% in Metro Denver. Nationally, homes appreciated at 9.5%, according to the CoreLogic Case-Shiller U.S. National Home Price...
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...
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...
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...
If you’re like me, you want to live where it’s convenient to get to trails or recreation. I’m a runner, biker and I walk my dog every day. It’s important to me that I look for homes for sale near trails in metro Denver when I’m looking...
Market Update, November 5, 2020 Home prices continued to climb in October. The average price for a single-family home sold was $625,100, while the average for attached homes was $393,733. We saw the lowest number of active listings for any October ever, which...
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