Home builder confidence in the new, single-family construction market hit a springtime high in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The Index reading for November was 70, the highest since March and up two points from October. An above-50 reading indicates more builders have a positive outlook than… [Read More]
Fall is here and we are seeing an increased seasonal slowdown in the Denver Metro home market. Showings are slowing down , open houses are back, mortgage rates have risen, sellers are reducing prices, buyers are escalating demands during the inspection process, and many buyers now want turn key properties so they can move in… [Read More]
The perfect starter or investment property. Open floorplan features a remodeled kitchen, great room with wood burning fireplace & private deck. Newer windows and doors. New furnace & water heater. Loft style bedroom with its own deck & large closet overlooks the great room area. Washer & dryer included. Carport and ample guest parking. Nicely… [Read More]
7307 S Millbrook St Aurora, CO 80016 $510,000 This one is special and a beauty in many ways. Charming street appeal with a welcoming front porch. The large, sunny and open main level abounds with many custom features, gorgeous mill work, plantation shutters, wainscoting, French doors, and more. The study with its nearby ¾ bath… [Read More]
Finally a little increase in Inventory! Wow! 4,700 Single Family Homes, 1,537 Condo and Town homes for a Total of 6,237 Residential Properties on the Market! Buyers should start to see a little relief and more choices, and Sellers will have to be a little more accurate on Pricing! Overall, June continues to be a… [Read More]
Hi All! I love this time of year. So many things to do in the Denver Metro area. The 2017 baseball season is in full swing, and here in Colorado we have one of the most fabulous stadiums in the country. Coors Field opened 22 years ago last month and has been the home of… [Read More]
It has been an unseasonably hot winter in housing as home prices hike higher, according to Clear Capital’s recently released Home Data Index (HDI) report, showing national quarterly home price growth at 0.9 percent. Regional quarterly price growth, per the report, was mixed: 0.7 percent in the Northeast, an increase; 0.8 percent in the Midwest,… [Read More]
Spring is here. More new listings are coming on to the market. Now is the time of the prime home selling/buying season, and the market is off and running. Mortgage interest rates have increased at this time. Buyer demand is huge. Active listings are increasing; but homes are selling fast on average in less than… [Read More]
This Single Family home sold by Jo Pellegrino for $456,000. Absolutely pristine condition inside and out. From the meticulous landscaping to the spotless sunny interior, this home shines. Located in the beautiful community of Tallyn’s Reach.
Another month of Denver Market stats with two major themes: inventory, inventory, historically low inventory! Rising prices, rising prices and extremely competitive market! Below $500,000, the market is extremely competitive and on pace for A 10% appreciation again! the luxury market is very active again, and finally seeing some price appreciation!