Denver Housing Market: February 2023
Worried that the timing may not be ideal to purchase or sell a home in Denver? Allow us to assist you in making informed decisions. Get in touch with us today!
Average Homeowner Locked in Below 4%
D...
Worried that the timing may not be ideal to purchase or sell a home in Denver? Allow us to assist you in making informed decisions. Get in touch with us today!
Average Homeowner Locked in Below 4%
D...
Stay in the know about Denver's thriving housing market with our latest blog. Plus, don't be shy — if you have any questions we're here and eager to help!
Activity in the Market Picks Back Up After the Holidays
3,339 homes found a...
Denver Home Appreciation in 2022 - What You Need to Know
The rate of appreciation in the Denver metro appears to be returning to pre-pandemic numbers. This is good news for would-be home buyers who were facing severe sticker shock month over m...
Activity Remains Stagnant in December
According to Megan Aller with First American Title, "The week between Christmas and New Year's is historically the slowest week of the year."
December turned out to be the slowest month of 2022 with d...
High Interest Rates Cause Market to Slowdown
There is no denying the market in Colorado has slowed down drastically from the height of the pandemic. The slowing housing market can be accredited to high interest rates. When interest rates cli...
Interest Rates Increased for the 6th Time This Year
Unfortunately, inflation is still close to a 40-year high, and as a result, the Fed raised interest rates by 0.75 percentage points yesterday. This is the sixth hike this year. The Fed is...
Interest Rates Pass 7 Percent at End of September
According to the Denver Metro Association of Realtors (DMAR), the average home is taking 26 days to sell and fewer homes landed buyers in September, with only 3,848 homes going under contract...
Denver's Housing Market Continues to Slow as We Head into Cooler Months
Homes are taking longer to sell and fewer homes hit the market in August, with 5,170 new homes coming to the market (down from 6,118 in August 2021). Fewer buyers are lo...
Homes More Likely to Sell at Asking Price
According to DMAR, the close-price-to-list-price ratio was down to 100.81 percent, a clear indication that the market has shifted and most buyers are no longer paying over asking price for homes.
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