The Denver housing market continues to astound buyers, sellers and Denver Realtors alike. Denver home sales soared two record levels, rebounding from April’s lower sales due to Covid 19 lock-downs. The number of homes placed Under Contract/Pending in May 2020 surpassed both April and May 2019. Simultaneously, the number of homes for sale actually declined. […]
Denver Real Estate Surprisingly Resistant To Virus
The Denver real estate market is recovering the slow-down in sales and homes listed for sale. Since in-person showings resumed on April 27, both sales and the number of listing offered for sale have increased. And, of course showing blew through previous records.
Ready, Set, Show and Sell | In-Person Showings OK
Colorado Governor Jared Polis announced this week that Denver real estate brokers will resume in-person showings next Monday. Previously, real estate services were deemed an “essential service” but showings were expressly prohibited for the last two weeks. That brought the market to near collapse. Now the question remains. Will the Denver real estate Market rebound […]
No Corona Virus In This Denver Real Estate Market
Today, it finally happened. I’ve been expecting this question about the corona virus effects in the Denver real estate market for a while. And, this question was posed by out-of-town relocation buyers who were planning a house hunting trip in two weeks. they worried that the trip might not be fruitful. “Will we even be […]
Opportunities in this Denver Real Estate Market
Statistics in real estate can show when a good opportunity exists for either a buyer or seller. I am, not very good at statistics but my friend Sean Willcox has been working on this article and it really shows what is happening in our Denver real estate market. Sean is a Broker Associate here in […]
Denver Real Estate Bubble
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 […]