colorado realtor says the fed's interest rate cut "signals a good time to make big purchases, especially homes"

colorado realtor says the fed's interest rate cut "signals a good time to make big purchases, especially homes"

A Colorado real estate broker says Wednesday's announcement by the Federal Reserve that they are lowering the interest rate by .5 percentage points was somewhat expected and that he was somewhat ready for it.

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denver’s slow summer real estate season limps to close despite inventory jump

denver’s slow summer real estate season limps to close despite inventory jump

The Denver metro’s sluggish summer selling season continued in August.

Despite active listings climbing 56 percent over August 2023, closed sales dropped last month, according to the August monthly real estate trends report from the Denver Metro Association of Realtors.

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redding house of mary travers of peter, paul and mary holding estate sale this weekend with piano, 12-foot painting

redding house of mary travers of peter, paul and mary holding estate sale this weekend with piano, 12-foot painting

The sale will begin Friday at 9 a.m. with a sign up sheet available the night before. The sale will end on Friday at 3 p.m. before opening again on Saturday from 9 a.m. to 3 p.m. Only 25 people will be able to enter at one time and Redding police will be on hand to help facilitate operations, according to Boffey. Boffey added that parking is "tough" in the area and that customers must follow signs of where and where not to park.

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denver housing market: prices, trends, predictions 2024

denver housing market: prices, trends, predictions 2024

Nicknamed the “Mile High City” for its elevation, Denver's housing market has reached new heights as well. Once known for affordability, Denver now boasts a competitive market with rising prices. This surge is fueled by a booming job market and a limited housing inventory.

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coloradans negotiating lower fees for real estate agents with new law on horizon

coloradans negotiating lower fees for real estate agents with new law on horizon

It’s been two months since the National Association of Realtors reached a settlement that some predict will upend the way homes have been bought and sold for decades across the U.S. It’s having ripple effects in Colorado as the housing market heads into the busiest time of year.

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denver homebuyers seeing more choices on market at start of 2024

denver homebuyers seeing more choices on market at start of 2024

The number of homes on the market typically dips during the end of the year and starts to rebound in January ahead of peak spring season. This year, the housing market is showing signs of more optimism as sellers listed more homes than at the same time last year.

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connecticut housing market: prices, trends, forecast 2024

connecticut housing market: prices, trends, forecast 2024

The current trends suggest that the Connecticut housing market leans towards being a Seller's Market. With a surge in home prices, high competition, and a limited inventory, sellers hold an advantageous position in negotiations.

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are new real estate listings in new haven county signaling a tipping point for CT homebuyers?

are new real estate listings in new haven county signaling a tipping point for CT homebuyers?

After two-thirds of New Haven County cities and towns generated sufficient numbers of new home listings to replace those sold in the third quarter, the market remained balanced into December, signaling a break in the high prices that have thwarted many Connecticut buyers during the pandemic real estate market.

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as denver’s real estate market cools, mortgage rates top 7% for the first time since 2002

as denver’s real estate market cools, mortgage rates top 7% for the first time since 2002

“As inflation endures, consumers are seeing higher costs at every turn, causing further declines in consumer confidence this month,” Khater explained in a statement. “In fact, many potential homebuyers are choosing to wait and see where the housing market will end up, pushing demand and home prices further downward.”

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colorado housing market becoming more buyer-friendly

colorado housing market becoming more buyer-friendly

According to CAR’s latest statistics:

  • Single family homes in Denver County are sitting on the market longer – about 18 days this month, compared to 11 in August 2021.

  • Last August, single family homes in Denver County sold for 102.4% of list price, compared to 99.1% this August…

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