Key Highlights:
Existing-home sales recorded a minor gain of 0.2% in May to a seasonally adjusted annual rate of 4.30 million. Sales retreated 20.4% from one year ago.
The inventory of unsold existing homes grew 3.8% from the previous m...
Throughout the month, contracts were executed on 4,351 Denver Metro properties, down 24% from last May. The number of listings pending closing was up 2% from April.
Source: https://www.recolorado.com/
Although we’re well within the typical home buying season, the housing market has not picked up the pace. Buyers continue to stay on the sidelines as affordability remains an issue thanks to an uptick in mortgage rates and elevated home p...
Zonda Media recently released the 36th annual Cost vs. Value (CVV) report detailing the home renovations that deliver the best return on investment (disclosure: Zonda Media owns JLC). True to form, this year’s report confirms a consistent tru...
Highlights April 2023
Inventory levels were held in check in April as homeowners choose to stay in place in lieu of listing their homes for sale. The number of fresh home listings to hit the market was 29% lower than we saw this time last ...
Saving up for a down payment requires discipline, perseverance and smart financial choices. Utilizing these tips can help you can make steady progress towards your homeownership dream.
The cost of housing keeps rising, making homeownership a...
April 2023 data shows a housing market that is still yearning for more inventory.
New listings dropped 6.71 percent month-over-month to 4,758, a decline of 30.94 percent year-over-year. Pending sales increased 10.51 percent month-over-month ...
The three credit bureaus announced the removal of medical collections under $500 from consumer credit reports on April 11, 2023. The CFPB estimates that this reporting change removed at least one medical collection from the credit reports of 22...
Mortgage rates have been rising lately for 3 reasons. First, the FDIC assumed $114 billion in Treasuries and mortgage bonds on April 6th after taking over Silicon Valley Bank and Signature Bank and they began selling their holdings shortly ther...
Denver Day of Rock (June 3, 2023) – This free music festival features four stages of live music in LoDo/downtown Denver. The event unites the community through music and family-friendly entertainment while also raising funds to help Amp th...