Tag: Housing Market
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Earth to politicians: It’s still the economy, stupid
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Our local, state and national politicians all seem to have gotten distracted already from the message voters sent last fall. It’s not about Ukraine, tariffs, DOGE, unions or assault weapons. It’s about the fact that we can’t afford the increasing cost of our lives. A forum last week in Denver entitled “Eggs and the Economy”…
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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 household incomes need to be $71K higher than 2020 to afford a home
It’s no secret buying a house has become much more expensive since the pandemic. But how much more does one have to earn to afford a mortgage? Households in Denver would need their incomes to go up more than $71,000 since 2020 to afford a monthly mortgage with a 10% down payment, according to an…
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Denver homebuyers seeing more choices on market at start of 2024
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With the start of the year, the Denver housing market shows hopeful trends ahead of the spring selling season. The number of homes on the market spiked last month in the 11-county Denver area, according to the Denver Metro Association of Realtors’ January Market Trends report. The number of homes on the market typically dips…
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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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Colorado property tax rates poised to skyrocket in coming years, report by business group finds
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Coloradans are facing massive property tax increases in the coming years due to a combination of the state’s surging real estate market, the tax system’s biennial assessment calendar, and the looming expiration of measures adopted to ease the shock of tax hikes, according to a…
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Denver’s East Colfax neighborhood could be rezoned for ‘granny flats’
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Denver’s entire East Colfax neighborhood may soon be rezoned to allow for accessory dwelling units, colloquially called “granny flats,” after the City Council land use committee approved the proposal Tuesday. If passed by the full council, the measure would allow homeowners in East Colfax to…
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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…