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 – 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 Real Estate Market Graphs for September, 2013

Denver Band Chart

Status Quo except for an increase of activity in the 1 -2 M price range. Inventory will remain low during the winter months, but will begin to increase in the spring, at least to 2012 levels. Sales volume remains strong, well ahead of previous years,with only a slight decline in prices. Detached homes prices are […]

Denver Housing Market Update for September, 2013

Denver Market Update for September 2013

The Pulse- Denver Real Estate and the Economy for July, 2013

Commentary – The lack of inventory eased again in June, but remains critical. Maybe. 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 the public data, the only comment is […]

The Pulse – Denver Real Estate & the Economy for June, 2013

Commentary -  The lack of inventory eased somewhat in May, but remains critical. Maybe. 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 the public data, the only comment is […]

Denver Real Estate Market Graphs for May, 2013

Denver Market Band Chart

Over 80% of the price bands show as a sellers market. While days on market has shown a decline in 2013, a leveling will begin to occur as inventory increases. A slight rise in inventory will begin to act as a brake on the market. It has been 7 years since we have seen homes […]

Denver Housing Market Update for May, 2013

Denver Market Update for May

The Pulse – Denver Real Estate & the Economy for May 2013

Commentary -  The inventory problem has become critical. Maybe. While the available published inventory is very low, there are increasing suspicions that many properties are being sold inside brokerages without being made available to the market.  This column will not concern itself with that phenomenon, as we are concerned here with the public data. Interest […]

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

Commentary -  The inventory problem is becoming critical. Maybe. While the available published inventory is very low, there are increasing suspicions that many properties are being sold inside brokerages without being made available to the market.  This column will not concern itself with that phenomenon, as we are concerned here with the public data. Interest […]

Denver Real Estate Market Graphs for February, 2013

Denver Housing Market Band Chart

Properties over $600K are in a buyers market.  The market is very aggressive under $400K. 2013 starts out with properties on the market for 25 days less than in Feb. 2012 The tiny green bars on the chart reflect the lowest inventory of homes in 30 years. We continue to sell more than we place […]

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

Commentary -  There is very little change since February in the  Metro Denver Real Estate market.  Interest rates decreased ever so slightly since early February, but not so potential home buyers would be affected. 92.6%% of those that want a job have one. While builders increased their starts by over 50% from 2012,  building material […]

Denver Real Estate Market Graphs for January, 2013

January 2013 was the strongest Jan. sales month in recent memory. Price ranges below $600K reflect a buyers market. Available resale inventory lowest in 30 years. Strong Jan. sales portends a strong 2013. Average sold prices poised to exceed $350,000 in 2013 Fast sales can be expected all year.