The real estate market is still very active. Buyers continue to purchase homes despite the challenges. There were 25 showings for each home for sale last month, which shows how competitive the market is. Buyers should look at homes significantly below what...
The past year has been a wild ride. Take a look at these graphs to get a sense of how things are changing. Months Supply of Inventory This is the length of time it would take to sell all the homes for sale now if no other homes came on the market, given the current...
A day in the life of Metro Denver real estate One day can tell us much about the market right now. Let’s take a look at Friday, April 23rd and see what happened in the seven metro area counties of Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas and...
There are 32% more new listings this week than there were last week, which is great news for the local market. We still need more homes for sale to satisfy demand, but this is a step in the right direction. We’re having luck getting clients into homes by looking...
Market Update, April 1, 2021 If you read our updates, you know we’re in a seller’s market, but you may be wondering what we mean when we say that. Housing prices respond to supply and demand. Right now, there’s high demand for homes and not much...
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...
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