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When Will We Have More Inventory?

According to data from FHFA as analyzed by Redfin here is a breakdown of the percentage of homeowners with a mortgage under certain rates. These are national numbers-- · 91.8% of U.S. homeowners with a mortgage have an interest rate below 6...

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Denver Rents Have Soared vs Income

According to Real Estate Witch metro Denver experienced the highest apartment rent inflation versus income gains of any major metro area in the country between 2009 and 2021. Nationally, median rents increased by 42% from 2009 to 2021 from $817...

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The High Cost of Water

The Denver Business Journal had a story recently about the high cost of water for new homes up and down the Front Range. Many communities require an annual supply of a half-acre-foot per home or 162,925 gallons per new home built. How much d...

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Denver’s Biggest Events for August 2023

Rod Stewart with special guest Cheap Trick (Aug. 1, 2023) – The iconic singer will be performing with a quintessential 1980s band at Ball Arena. Ed Sheeran: + - = ÷ x Tour (Aug. 19, 2023) – The award-winning artist has announced a ...

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8 of The Most Popular Colorado Landscape Additions

You could say that Coloradans have their own unique culture – the state is full of beer drinking, bike riding, jeans sporting, trail hiking and overall friendly folks. From our perspective, Colorado landscaping has its own culture as well....

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County Market Trends Reports | JUL. ’23

New Listings were down 28.5 percent for single family homes and 21.7 percent for townhouse-condo properties. Under Contracts decreased 5.9 percent for single family homes and 5.0 percent for townhouse-condo properties. The Median Sales Price...

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Real Estate Market Trends Report | JUN. ’23

Denver Metro Association of Realtors® releases June greater Denver Metro Real Estate Market Report pointing toward continuous unpredictability in the housing market. While new listings rose 8.87 percent month-over-month to 5,180, the market...

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Should I Wait to Buy Until Rates Drop?

I am sure each have heard from potential homebuyers that I/we are going to wait to buy until mortgage rates drop. I remember in April reading a survey of homebuyers and 71% of them said they are waiting to buy a home until mortgage rates drop t...

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Why Home Prices Can’t Drop

Brian on the National RE Post last week highlighted this story and made an incredible point. In the first quarter of this year Fannie and Freddie completed 58k foreclosure prevention actions for homeowners to keep these homeowners from potentia...

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Pending Home Sales Shrunk 2.7% in May

- Pending home sales dropped in May, down 2.7% from April. - Month over month, contract signings decreased in three U.S. regions but jumped in the Northeast. - Pending home sales fell in all four regions compared to one year ago. #NARPHS

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