The past few years have brought a flurry of broken records. In this report, the DMAR Market Trends Committee examined the all-time highs and lows on record.
ACTIVE LISTINGS
(Residential) High – July 2006 of 31,98 | Low – January 2022 ...
This was a BIG story on Realtor.com last week as the story began with existing home sales prices have dropped by $10k since May. However, “We are going to see prices drop as we do seasonally,” said Realtor.com Chief Economist Danielle H...
The wild rent hikes that landlords delighted in at the expense of their tenants appear to be tapering off.
The housing market slowdown has spilled over into the rental market, affecting how big of a bump many landlords are requesting. Ren...
New Listings were down 5.4 percent for single family homes and 12.3 percent for townhouse-condo properties. Under Contracts decreased 17.9 percent for single family homes and 18.2 percent for townhouse-condo properties.
The Median Sales Pr...
Homebuyers this summer have 2 BIG pain points, one is soaring home prices over the last 2 years. Second, is soaring mortgage rates this year. However, rates are down over ½% since they peaked above 6% in June. And I am hopeful that rates will ...
This was a great story from Realtor.com that I will highlight for you. First, buyer psychology is saying “NO!” to bidding wars out of fatigue and many more homes for sale. But, seller psychology has yet to catch to this new reality. Here ...
Robert Plant & Alison Krauss (Sept. 1, 2022) – These two legends are performing on a legendary stage. Don't miss two of the biggest voices in rock and country at Red Rocks Amphitheatre.
Phish (Sept. 1–4, 2022) – It wouldn't...
It’s hard to say goodbye to the zinnias and roses and sunflowers of the summer season, or the tomatoes and zucchini of the vegetable garden. But just because the weather is cooling down doesn’t mean your green thumb needs to go into hiberna...
The National Association of Home Builders released their June report—
· Housing starts were down 2% to an annual pace of 1.56 million units. Single-family starts were down 8.1%.
· Housing permits were down 0.6% last month and single-famil...
July 2022 showed a summer market that is receiving a “cool off,” but with current conditions, it’s still not enough to push Denver Metro’s current seller’s market to a buyer’s market.
The data confirms that the Denver Metro area ...