Archives for Real Estate Statistics

The Market ?

Many folks are starting to talk about the changing real estate market across the country and here in Colorado. The question I get his – Where’s it going ? As no one individual can have a crystal ball we are seeing a slow down as I have stated before was coming. The rise in interest rates and the anxiety off local, national and world events have caused many a buyer and seller to say – “Wait a Minute .” We think that the Fed is raising rates to fast but that’s a typical realtor response. We see inventories building and
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Denver’s Real Estate Market

  Denver’s Real Estate Market Due to low inventory of homes to sale, new build inventory, rising interest rate threat, and a huge influx of population growth we have experienced an unprecedented appreciation . Can it keep going ? Maybe ? We will be living in a new reality coming soon. Homes in the $450,000 or less will still be very much a seller’s market although slowing. The change is in the $500,000 plus range will see more inventory  and longer days on the market. The plus side – more homes to choose from. We will see a slowing in
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Is 2017 The Year For Denver Metro to Top Out ?

The last four years have been super dynamic for real estate in the Denver metro area. There have been tons of sales as well as a healthy 10% per year appreciation. Even more stunning is that the average sold price is hovering around the $400,000 mark! 2016 started with a bang and we saw an extremely hot market during the first six months. Right around the 4th of July the market began its normal leveling trend.  During the second half of the year, as trends balanced out, we saw more inventory and the market became more normal. With such great
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