While the low inventory of Denver homes for sale remains in the favor of Sellers, buyers today have more than 4 times the number of homes they can choose from compared just 4 months ago. Now, sellers suffer because homes take a little longer to sell. And, showings dropped to less than 5 per week […]
Pradera Mirrors Denver’s Lack of Homes For Sale
I am a Pradera Realtor selling homes in Parker Colorado and throughout south suburban Denver. That includes the Pradera Golf Club community . But, this may the craziest market I have ever seen. We have lots of buyers for Pradera country club homes and throughout the Denver suburbs. Still, sales are off record highs for […]
Denver Homes for Sale Drifts To All-Time Low
The number of Denver Homes for Sale dropped to a new all-time low. And, inventories are forecast to remain at these record levels though at least June according to Megan Aller, Statistician and Title Officer at First American Home Title. With approximately one million single family homes in the Denver Metro area, less than 800 […]
Is Denver Real Estate Ready To Crash?
“Will this Denver real estate market crash? ” That’s the most commonly asked question I am answering for my clients these days. So, I thought’s share my answer with this All Denver Real Estate Blog. I have addressed this question in my writing many times individually. I understand the reason for the question! When […]
Denver Real Estate Market Correction from the Fed?
Get ready for the inevitable Denver real estate market correction. Unfortunately, this change is not likely to help buyers find more homes for sale or sellers continue to sell at record prices. Federal reserve minutes released this week reveal it will raise interest rates higher and sooner if inflation persists. In turn, rising mortgage interest […]
Most Denver Renters Can’t Buy A Home?
Surprisingly, only one 1 in 5 Denver renters could qualify to buy a home given a 3% down-payment and the now average Denver home price. That’s a big change from 10 years ago when many renters leased before buying a home. But, Denver home prices have been escalating since 2011. For example, Denver home prices […]
Risks for Denver Home Sellers
No question about the overall Denver real estate market. It’s on fire! Home prices are escalating at a frantic rate. Buyers are competing with multiple offers. As a result, many Denver home sellers get more than the asking price. Savvy Denver Realtors have been waiting for the number of homes on the market to start […]
2021 Denver Real Estate Market Forcast
The 2021 Denver real estate market promises to be great for home sellers, brokers and even buyers. The biggest source of long-term demand in the market continues to be demographics. In addition, the short term spike in demand is driven by the current low mortgage interest rates.
Denver Homes Inventory Crisis
The MLS Inventory Crisis For about the past nine years, the news has shown headlines reporting the slow decline of Denver homes for sale. In January 2020, there were approximately 11,670 active detached homes in the Denver MLS. Also, there were only about three months of inventory. That means that if sellers stopped putting homes […]
Denver Home Buyers Often Shut-Out of Seeing New Listings
Some home buyers in Denver now find they cannot even get a showing appointment to see a new listing before it sells. Competition between buyers is that vicious. You see, most listings now come onto the market on Thursday or Friday and showings are often ended by Saturday or Sunday. Because, all of the individual […]