Colorado Real Estate Market in 2020

Colorado Real Estate Market in 2020

Happy New Year! It is time for my annual Colorado real estate market predictions. Is it dawn or dusk for real estate in Colorado?  The main economic drivers in 2020 will be the pace mortgage rate increases, the election, and end of cycle volatility.  Each of these...
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...
Denver loses its shine and secures spot on moving out list, 24% want to go!

Denver loses its shine and secures spot on moving out list, 24% want to go!

Redfin, the online brokerage, released their recent search volume report which shows Denver is losing it’s “mojo”.  Denver topped the list of metros people looked to leave, posting the highest net outflows in the fourth quarter. 24% of all users were searching to move...