Will the Colorado Housing Market Crash in 2023?
Will the Colorado Housing Market Crash in 2023? The Colorado housing market is amid a major shift. The median sale price was down by 1.8% in February 2023 Y-O-Y, but the number of homes sold dropped 42.1%. As mortgage rates are at record highs in 20 years by 7.08%. Sellers are reducing prices as homes […]
4 Crucial Questions To Ask Your Partner Before Buying a House Together
If you’re hoping to buy a house with your significant other, it can be easy to get caught up in the fun stuff, like deciding the style of home you’d love (Victorian, midcentury modern, Cape Cod?) and finding the perfect neighborhood (downtown or middle of the woods?). Still, don’t be fooled: The home-buying process is […]
December 2021 Market statistics
2020 Year-End Summary
2020 was a record setting year. Brokers wrote more contracts on listings, sending them to the Pending status, and more homes Closed than any year on record. The number of New Listings that hit the market did not keep pace with demand, which made inventory a challenge throughout the year. Strong demand kept prices high […]
HOT November 2020 – Housing Market Stats
What the new tax law means in home market
By Brandon Wells, January 10, 2018 for full article: Full Article in BizWest In real estate, we abide by the wisdom that all markets are local. That means that national housing trends — or even what’s happening across town — don’t necessarily dictate how the market in your neighborhood behaves. But that doesn’t mean lawmakers […]
Colorado residents packing up, moving out at record pace
Posted 6:23 pm, December 3, 2017, by Associated Press, Updated at 07:31AM, December 4, 2017 DENVER — A record number of residents have moved out of Colorado, according to new data from the U.S. Census Bureau. New annual figures from the bureau’s American Community Survey show that Colorado saw its first drop in about a […]
Expansion of C 470 to start in 2016
Construction could begin in summer or fall 2016 Posted: in Denver Post 12/17/2015 by Joe Vaccarelli The C-470 toll-lane project between Interstate 25 and South Kipling Parkway is one step closer to reality after a study found no significant noise impact; construction on the new express lanes should be underway by mid-2016. “Our goal […]
What salary it takes to buy a typical home in metro Denver
(posted in Denver Post on 3/4/16 by Aldo Svaldi) Buyers of a median-priced home in metro Denver need to make about $17,000 more than the U.S. average A buyer of a median-priced home in metro Denver needs to make a salary of $68,436 a year to qualify for a mortgage and cover basic expenses such […]
Average Sold Price in Denver Area – December 2015
DENVER (courtesy of REColorado) – January 2016 – According to REcolorado, Colorado’s largest MLS and the provider, December was an active month for the housing market in the Denver metro and surrounding area, with a strong month-over-month increase in sales. Home sales saw a jump in December, with 4,436 homes closing, a month over month […]