Cool to Warm

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Much has been written here and on most every other forum for Metro Denver real estate that we have been in a hot market.  It is impossible to know just when a hot market slows to warm or moderate until enough time has passed to gain perspective on the sales statistics, but perhaps the market […]

Denver Market Update for September, 2014

Denver Band Chart resized

Properties priced under $300K are actually selling faster than replacement inventory is coming to market. Properties priced over $500K continue to claim an increasing share of the market as the average and median prices climb. Condo prices will continue to increase in velocity as few new condos are added to the market. Price per square […]

The Pulse – May 2014

the pulse

Commentary: The Metro Denver real estate market is still experiencing the effects of low inventory. There were 3.8% less homes sold in April of 3014 than in the same month of 2013, but the average price increased by 7.2% for April year over year and the median price by 8.20%.  Less sales, higher prices.  Metro […]

Denver Market Update for April, 2014

Denver Band Chart resized

Home sale prices have increased dramatically since last March, whereas only 18% of the sales were in the $400-$499 price range, this year 34% of the sold homes have been in that price range. The National average inventory is showing just over 5 months, but Metro Denver is just over 2 months.  The major stumbling […]

The Pulse – April 2014

Commentary: Having predicted a strong real estate market in 2014, we now have to consider just what we mean by the word “strong”.  Sold listings were down in March from the previous year by 13%, but the average price increased by 5.28%, and the median price by 8.21%.  Less sales, higher prices. The most significant […]

How’s the Market?

House and shopping cart

If every REALTOR® had a nickel for every time that question was asked of us, we could buy a condo for cash. Of course, it’s a casual question, meant to be both friendly and perhaps get a little free information to make the poser better informed. The silly part is that most REALTORS® provide an […]

The Pulse – November 2013

Commentary – Resale inventory began it’s annual regression in August, but picked up again in September, providing strong October sales, and now available inventory is still weak.   Interest rates have stabilized for the moment around 4.25%,  still extraordinarily low in relation to the mortgage rate history, but the specter of increasing rates is still the […]

Denver Real Estate Market Graphs for October, 2013

Denver Band Chart

Over 1/2 of all homes priced under $400K are selling in every 30 day period. As the year draws toward a close, the days on market are increasing slightly, but no where near a buyers market. The Average Sold price is holding steady, but expect a normal decline in January. Active inventory exceeded 2012 for […]

Denver Housing Market Update for October, 2013

Denver Market Update for October 2013

The Pulse-Denver Real Estate and Economy for October, 2013

Commentary – Resale inventory began it’s annual regression  in August but, with the seasonal slowing, available inventory is somewhat less critical.   Interest rates have stabilized for the moment around 4.25%,  still extraordinarily low in relation to mortgage rate history, but the specter of increasing rates is still the caution for 2014, which, along with an […]

Denver Housing Market Update for September, 2013

Denver Market Update for September 2013

The Pulse-Denver Real Estate and Economy- September 2013

Commentary – The lack of inventory eased again in August and, with the seasonal slowing, available inventory is somewhat less critical.   Interest rates have begun to increase, and while still extraordinarily low, it is obvious that more increases are coming, which, along with an increasingly onerous regulatory market, will tend to slow the rate of […]

Denver Real Estate Market Graphs for August, 2013

Denver Band Chart

Remains a sellers market below $800,000 The Average price has begun the normal seasonal decline, but the decline is minimal to date. Inventory should begin the seasonal decline before an expected upward swing next March. Closings remain high, pointing to the best sales year in the past half decade. Days on market increased from the […]

Denver Housing Market Update for August, 2013

Denver Market Update for August 2013

The Pulse-Denver Real Estate and the Economy for August 2013

Commentary – The lack of inventory eased again in July and, with the seasonal slowing, available inventory is somewhat less critical. While the available published inventory is very low, there continues to be verifiable instances of properties being sold inside brokerages without being made available to the general market.  As we are concerned here with […]