Blog, Denver Real Estate Market
The worst of the pandemic is behind us. So how is Denver and the rest of the state faring? Very well, according to a recent study. Completed by a nonpartisan think take at the University of North Carolina, the study ranked Denver the 6th fasting growing city in the...
Blog, Denver Real Estate Market
While the Denver-metro home market of 2022 started at a feverish pitch – with record-low inventory fueling frenzied competition for homes – that fever broke by year’s end, with the market settling down to more normal temperatures. That’s the news from the Denver Metro...
Blog, Denver Real Estate Market
Just like Colorado’s weather, the only thing certain about the state’s housing market is that it changes all the time. Still, as the year begins, it’s nice to pause and see which way the wind is blowing. What will 2023 bring? We asked RE/MAX of Cherry Creek brokers...
Blog, Denver Real Estate Market, Real Estate
Higher interest rates combined with a typical seasonal decrease in homes for sale continue to slow the Denver housing market. According to the November market report from the Denver Metro Association of Realtors (DMAR), mortgage rates have more than doubled since...
Blog, Denver Real Estate Market, Mortgage & Finance, Real Estate
Home inventory across the nation will likely remain low in the near future, reports the Denver Business Journal, keeping property values strong. The Journal offered several reasons for the inventory numbers. First, homeowners who secured lower mortgage rates in the...
Blog, Denver Real Estate Market, Real Estate
Sellers faced new realities in October as Denver’s housing market continued its transition toward a more balanced state. Just a few months ago, homes were snapped up nearly as quickly as they were put on the market, in an average of 9 days in June, for example. But...