Tag: Residential Real Estate
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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…
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Interest rates, inflation trend during slow season in October Housing Report
Interest rates increasing alongside inflation are emphasizing the already slow fall season in home sales, according to the October 2022 Market Trends Housing Report from the Colorado Association of Realtors. In one month, new listings of single-family homes for the metro-Denver area decreased more than 25% and lowered 20% statewide. The market maintained a healthy…
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Metro Denver home buyers getting breathing room
The median single-family housing price in the seven-county Denver area dropped for a fourth straight month, now at $620,000, according to the August Market Trends Housing report from the Colorado Association of Realtors (CAR). That median sales price is still 10% higher than a year ago, but well off from spring of 2020 when appreciation…
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Panel offers sneak peek at new Denver developments
Officials from four development companies presented their visions and plans for new buildings and public spaces coming to metro Denver during the University of Colorado Center for Real Estate’s Annual Forum on Wednesday. Projects included an apartment building in Denver’s River North neighborhood that will include open-air “slotted canyons,” a 12-story office building in RiNo,…
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Denver’s residential real estate market paying big dividends
With just 1,226 homes for sale at the end of February and average prices inching up again, metro Denver’s residential real estate market shows no signs of slowing down in 2022, according to a Market Trends report released Thursday by Denver Metro Association of Realtors. Average sales price rose to $647,776, up 6.58% from January…
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New listings soar in June in Denver home market
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save June brought some relief to homebuyers in the metro Denver market, as the number of new listings soared to 7,826 — the highest number to hit the market in more than a year, according to the most recent report from the Denver Metro Association of…