Denver Real Estate Market Update - October 2018 The Denver metro area has been seeing inventory increases over the last few months and September was no exception. The month ended with 8,807 properties on the market. Inventory was up 7.04 percent over August and 16.10 percent over September of 2017. Homebuyers should be feeling a bit of relief. Although, make no mistake, Denver is still a seller's market. https://youtu.be/jl3ok5xQw4c While inventory was up, the number of sales was down … [Read more...]
Simple Tips to Get Your Home Ready for an Open House
Photo by Pixabay Hosting an open house and having potential homebuyers come in and out of your home is part of the home selling process. In order make your home stand out from the rest, you’ll need to put in a little work. Cleaning, staging, and adding curb appeal are all easy, budget-friendly ways to spruce up your home and entice buyers. At this point you might be wondering just how successful an open house could be. In addition to bringing in a plenty of buyers, an open house offers a relaxed … [Read more...]
Denver Real Estate Market Update – September 2018
Denver Real Estate Market Update - September 2018 In July Denver saw it's highest inventory in three years. August saw an even greater increase in inventory and had the highest inventory in the past four years. https://youtu.be/SCF2wnsTjaQ Denver had 8,228 active properties at the end of August. August saw an increase of inventory of 7.65 percent over July 2018 and an 11.79 percent increase over August 2017. The increase in attached homes, condos and town homes, was significantly higher than … [Read more...]
Denver Real Estate Market Update – August 2018
Denver Real Estate Market Update - August 2018 In July Denver saw it's normal seasonal decrease in market activity. Average home prices have declined and inventory is up. https://youtu.be/oQsMpc319Zs July closed with 7,643 units on the market. This is a three year high for the Denver metro area. Inventory in July was up 2.7 percent from June and up 3.96 percent from July of 2017. Depending on area and price range buyers may find more choices of homes. However, I was out with some buyers just … [Read more...]
Denver Real Estate Market Update – July 2018
Denver Real Estate Market Update - July 2018 Denver homebuyers, a bit of good new for you. In June Denver saw an increase in inventory. June closed the month out with 7,436 units on the market. This is up 15.52 percent from May and up 5.34 percent from June of 2017. Does this indicate a change in the market? I wouldn't go that far. But if you are looking for a new home in Denver you may have more choices than you've seen in recent months. However, I was out with homebuyers in June shopping in the … [Read more...]
Top 9 Financial Benefits of Home Ownership
Homeownership can sometimes become a challenge due to unexpected events or predatory mortgage terms. Wiring fails, pipes burst, termites devour your structure, foundations crack – the list just goes on and on. Regardless of the money, effort, and time you invest in it, the situation seems to get worse. Homes undoubtedly cost tons of money and require a lot of upkeep. However, is owning a home nothing but a leech on finances? Of course not! If it was, no financially-sane person would be a … [Read more...]
Denver Real Estate Market Update – June 2018
Denver Real Estate Market Update - June 2018 In May Denver saw it's first dip in average sales price of a single family detached home. The average sales price came in at $540,624, just slightly lower than the $543,058 we saw in April. I did not expect to see any decrease in average sales price until July but I don't think this is any reason for concern. And I will be interested to see where this number lands for June. (Average sales price for a single family detached home is up 10.67% over May of … [Read more...]
Denver Real Estate Market Update – May 2018
Denver Real Estate Market Update - May 2018 It's May in Denver and the big news in the Denver real estate market this month is average home price! In February of this year the average sales price of a single family home in Denver hit over a half million dollars for the first time ever. In April that average sales price was up to $543,058. That is up 8.17 percent in just two months. Now with this sort of growth, you may be thinking that you need to go out and buy ten homes in Denver. And yes, we … [Read more...]
Parents With Disabilities: How to Prepare for Parenthood
According to the National Council on Disability, there are over 4.1 million parents with disabilities in the U.S. Individuals with disabilities who are preparing for parenthood face a unique challenge. They have to prepare their home for themselves, as well as their new baby. There are certain modifications you can make to your home that will make it easier to care for your newborn. Photo: Unsplash Below, we’ve listed some ways that you can prepare your home for the day your newborn comes home … [Read more...]
Denver Real Estate Market Update – April 2018
Denver Real Estate Market Update - April 2018 In February the average price of a detached single family home in the Denver metro area hit over $500,000 for the first time. The number came in at $502,986 to be exact. In March that number went up to $522,277. That's a 3.77% jump in just one month. I expect that the average price of a home in Denver will continue to go up monthly through June. In July prices will start to decline as the spring/summer selling season tapers off. The average home … [Read more...]
Denver Real Estate Market Update – March 2018
Denver Real Estate Market Update - March 2018 The temperatures in Denver have been unseasonably warm and the real estate market is HOT! February was another record breaking month. We saw some records broken in both December and January. But both month those records were in relation to the housing inventory shortage in Denver. This month's record is different. In February the average sales price of a detached single family home in the Denver area hit an all time high and topped the half million … [Read more...]
Denver Real Estate Market Update – February 2018
According to January numbers it looks like the Denver Real Estate Market is as hot as ever. In fact, inventory seems to be more of an issue. In December Denver saw it's lowest inventory on record. And although inventory went up in January, January 2018 had the lowest inventory for any January on record. There were 4,182 new listings in January. And 4,085 homes went under contract in January. As you can see, nearly as many homes went under contract as new listings. We need to see more new … [Read more...]
