October real estate sales in Denver continued to slump somewhat compared to the frantic Denver real estate market of the last few years. Monthly home sales decreased 4% compared to the previous month. And, Denver-metro home sales dropped 16% compared to October 2017. In addition, residential real estate listings increased 35% from the year ago […]
News about the Denver Real Estate Market from 14 local Realtors. Blog posts cover all neighborhoods in the Metro area.
Cost of Waiting to Buy a Denver Home
Rising Denver Mortgage Rates Affect Affordability When it comes to the cost to buy a Denver home, there are many factors that contribute to a monthly home mortgage payment. Some experts suggest that we are going to see Denver home prices in the Denver Metro Area real estate market level off or go down over […]
Renshaw Explains Market Drop At Kentwood Retreat
Jim Renshaw, Sales Manager of Denver’s Land Title Guarantee Company, spoke to the annual Kentwood retreat last week at the Sebastian Hotel in Vail. His message was clear. The Denver real estate market is slowing down but still is healthy overall. Brokers just have to accustomed to what a normal market really is.
Denver Home Sales Retreat In July
Potential Denver home buyers received some relief in July from the sizzling Denver real estate market. The number of homes for sale increased to the most since last year. And, Denver home sales decreased. Multiple offers were less common. And, homes stayed on the market longer than usual. So, buyers enjoyed an easier market than […]
Luxury Denver Real Estate Market Is Slower
The luxury Denver real estate market is more of Buyer’s market. Granted, the overall market is more of Seller’s market. Some home listings are still selling over list price with multiple offers within days of first being listed on the multiple listing service. This was the conclusion reached during a recent seminar I attended for […]
Best Appreciating Denver Neighborhoods
Location! Location! Location! We’ve heard it all before, when it comes to your home, what matters most is location. The Metro Area has a plethora of fantastic Denver neighborhoods, but how do you choose one? One way to narrow down the search is by choosing a Denver neighborhood that is appreciating at a high rate. […]
Inventory of Homes For Sale At Record Low
The Denver MLS now offers only 2889 detached, homes for sale in the 5 county metro area. That’s the lowest inventory of homes on the real estate market since I became a Denver Realtor. And, that streak probably goes back even before 1978 when I was a rookie Realtor. You see, records kept by the […]
Denver Real Estate Likely to Repeat in 2018
The Metro Denver Association of Realtors has released figures showing the 2017 with another record-setting year in the Denver real estate market. What it doesn’t show is that the lack of number of homes for sale actually inhibited the number of sales. By the end of 2017, the number of listings was at an […]
Denver Real Estate Market Is Slower, Not Colder
I am a Realtor selling homes throughout Denver but mostly in the Denver suburbs and my home community of Pradera. Recently, I have been getting calls and questions about the 2017 Denver real estate market from friends and clients. They are worried that our real estate market might be about to crash. I doubt it. […]
Denver Home Sales Decline in September
Denver home sales continued to slow down in the month of September according to MLS statistics. Monthly sales were lower than sales for any September since 2012.