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… [Read More]
Market Statistics – February 2021
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… [Read More]
January 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… [Read More]
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