Tag: Real Estate Market
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Metro Denver renters see lower prices, but for how long?
Facebook Twitter WhatsApp SMS Email Print Copy article link Save At a moment when high home prices and mortgage rates are barring many Coloradans from purchasing a house, renters are getting a little good news in the Mile High City. The average rent in metro Denver fell by 3.7% over the past year, according to…
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Downtown tries to catch up as Cherry Creek shines in real estate market
Facebook Twitter WhatsApp SMS Email Print Copy article link Save The pandemic interrupted and changed the way real estate and retail consumers interact with cities. Some submarkets are seeing significant growth, while spaces like downtown are continuing to lag behind, according to experts at the University of Colorado Boulder’s Real Estate Forum Wednesday. The Downtown…
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Metro Denver home sales gathering momentum again?
Facebook Twitter WhatsApp SMS Email Print Copy article link Save After a half year of declining sales in the wake of sharply higher mortgage rates, the National Association of Realtors is seeing an upward turn in pending home sales — and Denver area brokers are already marking that same bounce. “It’s been crazy the last…
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Denver home sales prices continue slide in August
Metro Denver home sale prices dropped for the second month in a row in August, and days on market have reached a breathing-room level of 19 days, when it was just nine days a year ago, according to the most recent Denver Metro Association of Realtors Market Trends report. The average sales price for multifamily…
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Report: Metro Denver’s home sales market shifting a bit toward buyers
Metro Denver’s home sales market continued its march in July toward a more balanced market between sellers and buyers as average home sales prices dropped again and inventory continued to rise, according to a Market Trends report released Wednesday from the Denver Metro Association of Realtors. The report shows the average closing price for single-family…
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‘Return to normalization’ predicted for Denver area home sales market
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Possibly signaling a return to a more balanced home sales market, the average price of homes in metro Denver in May dropped from the previous month for the first time in 2022, according to the Denver Metro Association of Realtors Market Trends Report released Friday.…
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Denver’s real estate market soars, driven by low inventory, report says
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Real estate agents and homebuilders are raising their eyebrows at the latest home inventory figures coming from Denver-area neighborhoods, as a shrinking supply of available homes continues to drive dramatic increases in prices. “The market came back with a vengeance in the new year,” said…
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Denver home market slowing a bit
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Signs of stabilization appeared in the September home sales report from the Denver Metro Association of Realtors as prices started to tick back up, as did the number of homes available for sale and the time it took to sell them. There were 3,971 active…