Market Recap: Elevated interest rates in the first half of 2023 have caused many sellers to stay on the sidelines due to the significant difference between their current mortgage rate and the available market rate for a newly purchased home. New listings were down...
I remember my first property purchase like it was yesterday. My fiancée, now my wife of 23 years, and I were days away from getting married. Littleton, Golden, Arvada, and Evergreen all had great home ownership opportunities for us. In the end, we chose a perfect...
2022 Market Recap: Prices peaked in April ‘22 as the extreme sellers market finally began to cool. By December ‘22, average single family home prices were flat year-over-year. Interest rates topped-out above 7% around October ‘22 and have dropped since that time....
Market Predictions: While prices are higher on a year-over-year basis, they are starting to flatten in the Denver metro area month-over-month. Many listings are seeing price decreases as both buyers and sellers adapt to new market dynamics. The number of available...
2021 Market Recap: Housing demand hit historic highs across the country in 2021. Active listings at the end of December 2021 were down ~42% year over year. The median home sale price for 2021 also increased by ~20% from a year ago to $545K 2022 Market Outlook: The...
Market Recap: Housing supply was low through the last half of 2020 and is currently the lowest we have ever seen in Denver. Even faced with more expensive home prices buyers are desperately searching and competing for the few available homes. Above list offer prices,...
