Tag: Denver Metro Association Of Realtors
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Denver Realtors say rates, not prices, are holding back the market
As median home prices in the metro Denver area continue their drift upward despite a sluggish market, Denver Realtors are warning that both buyers and sellers are being frustrated by stubbornly higher interest rates that raise the costs of financing a home. The higher home prices that buyers face now, according to the latest monthly…
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Paired ranch is a less pricey way into Congress Park
Much about why Congress Park always ranks as one of Denver’s most popular neighborhoods is the walkability — not just to its namesake park (with a new, $10 million pool), but also to two shopping/restaurant districts, each of them on East 12th Avenue. Those little restaurant rows are reminders that streetcars once ran down the…
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Denver housing market comes alive, yet home prices may be on rise again
In what is good news for homeowners and mixed news for homebuyers, Denver area home prices may be on the rise again. That’s according to a new Market Trends report issued monthly by the Denver Metro Association of Realtors, tracking prices and sales in the 11-county metro Denver area in March. Last year, as 30-year…
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As rates dip below 6%, Denver agents see market come alive with multiple offers
When Mile Hi Modern agent Brandy Pfalmer’s clients put in an offer on a $1.025 million home in Denver’s Park Hill neighborhood last week, her clients added an extra $75,000 to sweeten the deal. But that wasn’t enough. Ultimately, Pfalmer’s buyers lost out to another party offering a cash transaction — one of many multiple-offer situations…
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Looking past holidays, Denver area real estate agents feel a chilly spring
A new report about area home sales is adding weight to evidence that home prices have crested and are finally dropping around Denver, three years after mortgage rates soared and buyers turned sour on the market. Real estate agents are quick to welcome that falloff. And they’re noting that December typically sees sales freeze up…
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Agents question Zillow report flagging Denver for widest loss in home values
Zillow issued a report Monday that flagged the Denver area as having suffered the widest-spread losses in home sale price over the past year of any U.S. real estate market. But Colorado real estate agents are calling foul and are saying the devil is in the details. The Seattle-based online real estate service released new…
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New Denver housing sales numbers seen as stabilizing
Despite a continued rise in home prices this past month, analysts at the Denver Metro Association of Realtors said they’re seeing more market stability in the latest price and sales numbers for the 11-county metro area released Wednesday. “The market today is not a version of what once was; it’s a new ecosystem entirely,” Amanda…
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Denver considers 5x harsher fines against landlords not up to code
If a residential unit in Denver doesn’t have a smoke alarm installed, Denver can currently fine the landlord up to $999 after a warning and several citations. But soon, penalties could stack up to $5,000 per day. The Department of Excise and Licenses is pushing to revise Denver’s code to create a new maximum penalty…
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Plenty of homes on the market, but Denver sales stay flat
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save Despite having plenty of homes on the market in metro Denver, home sellers and their real estate agents are holding tight to their price expectations, failing to gain the attention of homebuyers, realtor analysts are…
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Amid summer doldrums, Denver housing market sees prices drop
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save After steady increases in the number of homes for sale in a year when sales haven’t kept pace, the Denver area’s housing market offered up a drop in price last month. That’s according to a…