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. […]
It’s only February but Spring has already arrived. And, the Denver real estate market is already sizzling with many multiple offers on properties as soon as they hit the market. It’s not happening in all segments of the real estate market. But, competition to buy home is stiff for homes in some areas and most […]
“What’s happening to the Denver luxury real estate market?” Right now, that is the most common question I am asked. Because, sales of luxury homes priced over $1.5m have been slowing recently. But even more than that, discouraged sellers are taking many luxury home listings off of the market by withdrawing them and not renewing […]
Maybe it’s just the nature of a busy Denver real estate market. Or, maybe it’s that so many new, inexperienced agents are chasing the golden ring. Either way, in just the last few months, our clients have asked and persevered through each one of these questions. Some of these clients’ questions are humorous but some […]
Denver home buying is anything but “typical.” Whether it’s buying your first home or your fourth, you’re in for a surprise when it comes time to start the process these days. I want to provide a better idea of what to expect when buying in today’s hot Denver real estate market. It certainly is different […]
The number of single family homes in the six county Denver real estate market continues to drop. It now takes less than a week sell the average home. Many sell within 48 hours of appearing in the Denver MLS at prices above asking. “It happens every Spring.” Flowers, warm weather, romance, and a hot real […]
3189 is the lowest number of single family, Denver homes for sale in the 5 county real estate market ever. That number of listings for sale as of February 29 was the lowest since the Denver Multi-list organization, REColorado, has been keeping records.
My friend and client, Kerry Phillips wonders if he has found a new trend in housing. Here’s his great story in his own words. – Dennis Martin Is this the new normal in the Denver real estate market or just an interesting game of role reversal? As Denver home prices increase, a Dad and […]
By Jimmy Kinley | Here’s my “Go-To” Mortgage Lender. He has the pulse of the Denver Real Estate Market. Good Article Jimmy! -Dennis Martin It’s been a wild ride here in the Denver real estate market for about two years. Now, I sense the market is starting to level and get back to normal. This […]
The luxury homes segment of the Denver real estate market priced over $1.5m is improving but still shows that the overall market is dramatically segmented by price range. Homes priced under $500,000 in Denver and the suburbs are selling quickly often with multiple offers in just days or hours.