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]
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… [Read More]
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… [Read More]