Tag: Denver Metro Association Of Realtors
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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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Marshall fire wreaks havoc on Boulder County, metro Denver real estate
The waves of impact from the Marshall Fire continue to roll from the deadly winter blaze that claimed at least one life and destroyed more than 1,000 homes, especially on metro Denver’s already-tight real estate market. The most immediate impact comes to those homeowners who were in the process of closing, or had a home…
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Marshall Fire wreaks havoc on metro Denver real estate
The waves of impact from the Marshall Fire continue to roll from the deadly winter blaze that claimed at least one life and destroyed more than 1,000 homes, especially on metro Denver’s already-tight real estate market. The most immediate impact comes to those homeowners who were in the process of closing, or had a home…
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Denver housing market: New year, more inventory?
Metro Denver homebuyers who thought it was tough to find for-sale homes in December will be sorely disappointed if they thought a new year would bring more inventory. That lack of inventory is expected to drive double-digit percentage price increases again in 2022, according to the Denver Metro Association of Realtors’ January report, released Wednesday.…
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Year in review: Economic recovery top business story of 2021
The biggest story in business in 2021 continued to be Colorado’s economic recovery from the COVID-19 pandemic. While state unemployment levels stood at 6.6% in January, they continued to slide throughout the year and finished at 5.1% in November, the latest figures available. While that’s getting closer to the 4.7% level in March 2020 as…
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Where’s the homes for sale in metro Denver? Record low inventory creates ‘extreme seller’s market’
With the fewest number of homes for sale in metro Denver in November since records have been kept, the Denver Metro Association of Realtors warned its members in an email Friday: “Get Ready for an Extreme Seller’s Market in 2022.” And here we thought that described Denver’s 2021 home sales market, with record-high average sales…
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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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Metro Denver for-sale home inventory drops
While Metro Denver home prices decreased slightly for the second month in a row, the number of homes for sale also dwindled, according to the latest Market Trends report from the Denver Metro Association of Realtors. Those conditions continue the sellers’ market that’s dominated 2021. There was some slight relief for buyers, as the average…
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Long-term rental licenses requirement for Denver landlords passes first city council vote
Facebook Twitter WhatsApp SMS Email Print Copy article link Save A new rental licensing policy that would require landlords to pay for long-term licenses to rent out their properties unanimously passed its first full Denver City Council vote Monday, moving on to final consideration. By requiring the long-term licenses, the “Healthy Residential Rentals for All”…
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Homes remain scarce in Colorado Springs and Denver
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save The Colorado Springs and Denver housing markets have at least one thing in common: a drastic shortage of homes for sale that has driven up prices, put sellers in the enviable position of fielding multiple offers and led to disappointed buyers who can’t find the…