Tag: Home Sales
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As market cools, Colorado home prices finally level out
Home prices in Colorado are finally behaving the way that market economics would predict they should, following two years of flat-to-declining real estate sales. They’ve leveled out. That’s according to the newest Market Trends report by the Colorado Association of Realtors. The report shows the median price of a single-family home in the state dropped…
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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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Colorado housing inches toward a buyer’s market
Homeowners around the state seem to be tiring of waiting for a better real estate market and are serving up their houses for sale, despite little evidence that buyers have much appetite yet, according to a new report by the Colorado Association of Realtors. CAR’s Market Trends report issued Wednesday shows 22,601 single-family homes for…
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Denver metro’s housing market is a bit ‘unpredictable,’ June report shows
For the first half of 2024, it seemed like the Denver area’s housing market was beginning to bounce back to its regular cycle despite higher interest rates. As sellers became more comfortable putting homes on the market, according to the June Market Trends report from the Denver Metro Association of Realtors, buyers are still taking…
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Most Denver metro homes sold for at least $600K — hitting milestone earlier than last year
The metro Denver region is seeing the value of homes continuing to blossom — and sellers are waking up to smell the roses. Most homes, including single family, townhomes and condos, sold for at least $602,000 in April — an increase of nearly 4% from last year’s median price, according to the monthly Market Trends Report…
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Denver housing market’s peak season off to better start from pent-up demand
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As the weather heats up each year, so does Denver’s housing market. While last year’s spring selling season — when the number of homes sales typically peak in the region — cooled due to high housing prices and rising interest rates, the market this year is showing signs of a better start. A surge of homes…
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Rising interest rates jinxing the Denver housing market, says new report
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 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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Despite higher mortgage rates, Colorado housing prices inch upward
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save On a day after the Federal Reserve in Washington signaled that it may raise interest rates again in coming months to cool inflation, Realtors in Denver are wondering whether rate hikes are having the opposite effect — discouraging sellers from listing their homes and driving up…