Blog
Denver architecture: A-Frame
The A-Frame form achieved popularity in the 1960s as vacation homes, ski huts, and other simple residential buildings. The form is defined by the steeply pitched gable roof whose eaves extend to grade. The roof forms the walls on the tw...
Economists: Sales Momentum Will Carry Into Fall
Will bidding wars continue? Will home prices stay elevated? Will home buyer demand remain strong? Heading into the fall season, economists are optimistic about the market’s direction considering its unpredictability since the beginning of the...
Mortgage Rates Barely Budge, Remain Below 3%
The 30-year fixed-rate mortgage held near last week’s average and continues to average near historical lows and under 3%. “Mortgage rates stayed relatively flat this week,” says Sam Khater, Freddie Mac’s chief economist. “Housing i...
Real Estate Activity Snapshot
New Listings were down 8.1 percent for single family homes and 16.5 percent for townhouse-condo properties. Under Contracts decreased 15.6 percent for single family homes and 13.3 percent for townhouse-condo properties. The Median Sales Price w...
Denver architecture: Swiss Chalet
Andrew Jackson Downing introduced the Swiss Chalet style to American architecture in his 1850 stylebook The Architecture of Country Houses. Adapted from traditional versions of Swiss chalets and cottages found in the European Alps for hund...
August 2021 Median and Average Close Price
These are two infographics from Denver Metro Real Estate Market Trends Report that represent median and average close price. Source: https://www.dmarealtors.com
Do Your Clients Have Lots of Student Loan Debt?
About 10 days ago President Biden announced that the student loan forbearance program now goes through January which means no monthly payments and no interest accruing on those debts. This also means a borrower’s credit report shows t...
Is Now a Bad Time to Buy a Home?
In another survey by Fannie Mae they released their Home Purchase Sentiment Index for July. 66% of respondents said now is a bad time to buy a home due to high home prices. Only 28% said it’s a good time to buy a home. But 75% of responde...