Corcoran Perry & Co logo

Denver Real Estate Market

Record-Breaking Listings Increase Brings Purchase Options: June 2024 Denver Real Estate Market Trends

alt tag

This spring's Denver area housing market has seen a buyer shortage become the new listing shortage. (You know what they say: one day you're in and the next day you're spending much longer in the MLS). Sales slumped as of May, an indicator of affordability challenges in Colorado (and across the country) while pent-up demand is beginning to [...]

The Hottest Housing Market... and Getting Hotter: May 2024 Denver Real Estate Market Trends

alt tag

The May 2024 Denver real estate market trends are in. And spring is really starting to pop. The boost in housing market activity we expected last month might have just been on a bit of a delay. (Hopeful) homeowners are sick of the waiting game and the Fed finally fessed up about its rate [...]

Colorado Real Estate Commissions and the Antitrust Lawsuit

Colorado Real Estate Commissions and the Antitrust Lawsuit

Due to recent legislation, Americans looking to (re)enter the housing market are reading sensational headlines about a significant change in how homes are bought and sold.

The catalyst for all this brouhaha? A $418 million settlement reached by the National Association of Realtors in response to an antitrust lawsuit. This decision is set to abolish the longstanding and widespread practice of expecting buyer and seller agent commissions to be paid from the seller's net proceeds. The legal action stems from a staggering $1.8 billion verdict in Kansas City, Mo., which cited industry practices that as the plaintiffs argued artificially inflated commission rates. Faced with numerous similar lawsuits, the association opted for a nationwide settlement.

Rate Handcuffs and an Inventory Paradox: April 2024 Denver Real Estate Market Trends

alt tag

Last month, the Denver real estate market began its seasonal spring into action, despite Colorado's shifting economic landscape. April 2024 real estate trends reveal the lingering effects of Covid-era mortgage loan interest rates, the profound impact of inflationary pressures, and an expected seasonal upswing for April albeit a tamer early [...]

A New Kind of Spring Market: March 2024 Denver Real Estate Market Trends

alt tag

We're a quarter of the way into the year, and barely even a quarter of a percent down in interest rates. The dawn of 2024 brought optimism for lower rates and a revived housing market. But now that the sun's up and spring is in sight, it's becoming clear that rates might largely stay put at least for a [...]

A Steady Year's End Sets the Stage for Some Big Change - January 2024 Denver Metro Area Real Estate Report

alt tag

2023 went out the same way it came in with home prices stabilizing and listings spending more days on the market. These trends point to more future balance in the buyer and seller power dynamic and hint at excitement on the horizon for a more forgiving real estate [...]

Rates Dropped and Inventory Increased - November 2023 Denver Metro Area Real Estate Report

alt tag

After more than a year of consistent mortgage rate hikes, interest rates dropped by 0.25% in the second week of November. Along with the rate adjustment came an uptick in mortgage applications and maybe some light at the end of the home (un)affordability tunnel.

But wait, there's more to the story. The Denver Metro Association of Realtors released its November real estate market trends report, which captures data from October home sales and purchases in the [...]

Buyers' Concessions Making a Comeback - October 2023 Denver Metro Area Real Estate Report

alt tag

The shifting housing market has something of a monopoly on industry news these days. Homebuyers, home sellers, and real estate experts alike wonder whether the Denverlisting shortage will ease, shifting the market closer to balance than in years past. This month's [...]

25-32 of 1,138 Posts

Say Hello

Do not fill in this field:
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.