Megan Aller, statistician with First American Title, explains that the recent slow-down of Denver home sales is not indicating a “bubble” that is about to burst. Instead, Megan sees seasonal fluctuations in line with previous years. In addition, those fluctuations create opportunities for buyers.
Happy 2019 for Denver Buyers and Sellers
2019 could be a very Happy New Year for both buyers and sellers in the Denver real estate market. The challenge will be determining when during the year to buy or sell a home. They say you can’t time the stock market. I have found that to be true. But, I can also tell you […]
Denver Market Drifts Toward “Normal”
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 […]
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 […]
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.
Denver Real Estate Market Booms
The Denver real estate market has not seen such development since the Gold Rush of the 1850’s. Denver’s jobs are now growing at 150% of its historical rate. As a result, the population is also exploding at record levels. What more, this trend is expected to continue into the next decade. And, the building of […]
Denver Suburbs Home Prices Going Higher
Denver suburbs home prices are still appreciating. Still, some neighborhoods outperformed others over the 12 month period ending July 1, 2017. The general rule is that luxury homes for sale priced over $1m tended to under-preform lower priced resale homes. Also, homes further from the city center tended to to enjoy less home price appreciation. […]