Real Estate Inventory down almost 30% in Denver

Real Estate Inventory down almost 30% in Denver

  According to the Colorado Association of Realtors, Denver real estate inventory fell 29% in December, number of sales increased 17% and sold price increased 5%. Breckenridge and Steamboat also saw listings decline by almost 30% with prices increasing modestly....
Homes for sale in colorado decline.

Homes for sale in colorado decline.

According to the Denver Metro Association of Realtors, Denver metro new real estate listings fell 12% in October, number of sales dropped 6.4%, and sold prices stayed basically flat. In addition, homes for sale in colorado dropped.  Don’t worry, the sky is not...
Will next Denver housing market recession be severe?

Will next Denver housing market recession be severe?

Although nobody knows how or when the next denver housing market recession will occur, we saw in the last cycle certain cities performed substantially better than others.  Redfin recently ranked the top metro areas that will perform best (and worst) in the next real...

Denver proposes to raise taxes 20 times Boulders, real estate crash?

Denver City Council members are pushing a new tax on commercial real estate owners that is 20 times the rate set by Boulder County.  The new tax is called a “pollution tax”  targeting commercial property owners and their property usage.  What is the new pollution tax...
Sales down 14% Inventory surges 28% in Denver in June Mortgage rates drop.

Sales down 14% Inventory surges 28% in Denver in June Mortgage rates drop.

The Denver metro real estate market has performed a sudden U-turn with inventory up 28%, sold homes down 14%, and days on the market up 23%.    This is the highest amount of inventory since October 2013.  At the same time prices have held steady while mortgage rates...