Tag: Condominiums
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Denver gets tough on unlicensed landlords, as many scramble to set up required home inspections
The Denver department that licenses everything from pedal cabs and tattoo artists to liquor stores and pot dispensaries is five months into its largest-yet regulatory expansion: Seeking to license the city’s 123,000 multifamily homes and apartments. As of Monday, the city had issued $150 administrative citations to 46 apartment property owners deemed in violation of…
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Denver Metro Chamber leaders blast possible EPA rules that would hike gas prices
Denver Metro Chamber of Commerce officials and business leaders on Thursday singled out the biggest issues impacting businesses in 2022, including “economically damaging” Environmental Protection Agency rules that will come down on Colorado soon over air quality standards, construction defect laws that business leaders say are ineffective and don’t prevent lawsuits in condominium developments and…
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Report: Metro Denver’s home sales market shifting a bit toward buyers
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Metro Denver’s home sales market continued its march in July toward a more balanced market between sellers and buyers as average home sales prices dropped again and inventory continued to rise, according to a Market Trends report released Wednesday from the Denver Metro Association of Realtors. The report shows the average closing price for single-family…
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Denver inventory of for-sale homes ‘skyrockets’ in June
Evidence of the cooling Denver area home sales market mounted in June as the amount of inventory across single family homes and condominiums grew considerably from May to June, according to a report released Wednesday by the Denver Metro Association of Realtors. The amount of homes for sale at the end of June stood at…
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Metro Denver residential developments coming soon
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save While buyers in the last year have endured historic low inventory levels of homes for sale in metro Denver, there’s a significant amount of new product coming on the market. Many of those developments were highlighted at the Denver Metro Association of Realtors’ New Development…
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‘Return to normalization’ predicted for Denver area home sales market
Possibly signaling a return to a more balanced home sales market, the average price of homes in metro Denver in May dropped from the previous month for the first time in 2022, according to the Denver Metro Association of Realtors Market Trends Report released Friday. The average sales price for single family residential homes and…
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Denver’s residential real estate market paying big dividends
With just 1,226 homes for sale at the end of February and average prices inching up again, metro Denver’s residential real estate market shows no signs of slowing down in 2022, according to a Market Trends report released Thursday by Denver Metro Association of Realtors. Average sales price rose to $647,776, up 6.58% from January…
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Metro Denver homebuyers see another drop in inventory
Buyers looking for homes in the metro Denver market found the cupboard historically bare in January, with about 10 times fewer homes available for sale than in a “normal” market, according to a Market Trends report released Thursday by the Denver Metro Association of Realtors. Only 1,184 single family homes and condominiums were available in the…
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Denver home market slowing a bit
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Signs of stabilization appeared in the September home sales report from the Denver Metro Association of Realtors as prices started to tick back up, as did the number of homes available for sale and the time it took to sell them. There were 3,971 active…
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Number of available metro Denver homes ticks up
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save While the number of Denver-area homes available for sale in July increased 30% from the previous month, it’s still far below normal inventory levels for a market of the Mile High City’s size. That’s according to the most recent Market Trends Report from the Denver…