Tag: Denver Metro Association Of Realtors
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Selling in the Denver housing market comes down to ‘a science’ amid high rates
In the Denver area market, with high interest rates and the length of time that homes are sitting on the market ticking up, pricing homes right comes down to “a science.” Buyers are being patient, according to the latest Denver Metro Association of Realtors Market Trends report, and the market could continue to slow. The…
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Rising interest rates jinxing the Denver housing market, says new report
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In a month when a late monsoon is cooling summer temperatures around the Mile High, interest rates are chilling the area’s real estate market, according to a newly released report by the Denver Metro Association of Realtors. While real estate agents have hopes that rates will fall later in the year as inflation lessens, that’s…
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Metro Moves: Russell Wilson, Ciara open store at DIA
Welcome to the Denver Gazette’s Metro Moves. You’ll get the latest metro Denver openings, closings, hiring and promotion news here. To submit your company’s news, drop an email to [email protected]. Russell Wilson and Ciara open retail location at DIA The fashion company founded by Denver Broncos quarterback Russell Wilson and Grammy winning singer-song writer Ciara…
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Metro Denver for-sale homes inventory up, buyers cautious
Home buyers appear to be waiting to jump into the Denver housing market amid high interest rates, according to the latest Denver Metro Association of Realtors monthly Market Trends report, which also noted growing inventory combined with slower market activity. Home sales were significantly lower this June as compared to 2022. Market-wide, there have been…
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Metro Denver homes sales market volume dives 30% in a year
While May provided some bright spots for metro Denver’s home sales market — namely more new listings than April for buyers to choose from — the market still “feels off,” according to the Market Trends Report released by the Denver Metro Association of Realtors Saturday. That’s likely due to the 30% drop in sales volume year-over-year, from…
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‘Sluggish’ spring selling season for metro Denver area homes
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Metro Denver’s housing market hasn’t provided the ample inventory of for-sale homes typically seen during the spring selling season, with “sluggish movement” of both new and active listings, according to the latest Denver Metro Association of Realtors’ Market Trends Report covering April. The number of active listings at the end of April stood at 4,620,…
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More buyers than homes for sale in metro Denver, according to report
With Denver area for-sale home listings at the lowest point since 2014 in February, buyers “still have an inventory problem,” according to the latest report from the Denver Metro Association of Realtors. There were 3,778 homes for sale at the end of February, including single-family homes and condominiums, according to the latest Market Trends report.…
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Denver’s realtors group grills mayoral candidates on rental home licensure, inspection ordinance
The Denver Metro Association of Realtors on Thursday grilled seven Denver mayoral candidates about the city’s new rental home registration ordinance, some of whom argued that the new rule has been a disaster and should be repealed. The ordinance, which took effect this year, requires landlords to get a residential rental property license — after…
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Metro Denver home sales gathering momentum again?
After a half year of declining sales in the wake of sharply higher mortgage rates, the National Association of Realtors is seeing an upward turn in pending home sales — and Denver area brokers are already marking that same bounce. “It’s been crazy the last month,” said Rike Palese, broker/manager of ReMax Professionals’ DTC office…
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Metro Denver year-end home sale statistics
When reviewing the 2022 home sales data from the Denver Metro Association of Realtors, three numbers stood out that defined the real estate market here: The time it took to sell a home increased six-fold, sales prices inched downward most of the year but basically finished flat from December 2021 and the number of homes…