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 [...]
The homebuyer and seller stalemate held strong for most of 2023 with experts largely predicting that early 2024 would bring a drop in mortgage loan interest rates. This rate reduction, they hypothesized, would motivate buyers to step into the ring with a subsequent easing of seller concerns about letting go of their current home loan. No one [...]
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 [...]
Over the last few years, (un)affordability has created pent-up demand across the entire country. Like last-minute shoppers clamoring at the window of the only toy store in town on the morning of Christmas Eve, hopeful [...]
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 [...]
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 [...]
As the summer ends, the Denver real estate market begins its annual slowdown. Month over month, pending sales only increased by .76%, active listings increased by 8.87%, and median days on market increased to 11 days. But that doesn't mean there's zero activity. The close-price-to-list-price ratio for August remains in the 99th percentile
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The Denver Metro market is experiencing a seasonal shift mirroring historic real estate cycles in which the market's seasons taper off into the second half of the year. While new listings increased week over week by 0.9%, year over year, new listings have decreased by 14.1% keeping inventory tight in the Denver Metro area.
The Denver Metro
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