statewide housing inventory grew in august

statewide housing inventory grew in august

Despite a growing list of active inventory and motivated sellers across the seven-county Denver-metro area and statewide, buyers continue to stay away citing interest rates and pricing that has ignored the inventory increase and maintained its higher levels, according to the latest Market Trends Housing Report from the Colorado Association of Realtors (CAR) and analysis from the Association’s spokespersons across Colorado.

Read More

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.

Read More

this connecticut region was the hottest real estate market in the U.S. last month

this connecticut region was the hottest real estate market in the U.S. last month

"Greater Hartford is performing well, but we're still undervalued compared to Fairfield County and some of the major markets," Lepore said. "People are understanding that they can come in from major markets and raise their family or just live in a nice environment, for a fraction of the price."

Read More

well-priced inventory is low: new york real estate in Q2 2023

well-priced inventory is low: new york real estate in Q2 2023

During the second quarter of 2023, New York City’s real estate market has been as volatile as our stock market. While the market for ultra-luxury apartments, both condo and co-op, has remained slow, the smaller units, which were having a run in April and much of May, have now sunk into the doldrums as well.

Read More

there are fewer houses for sale in CT. Here’s why.

there are fewer houses for sale in CT. Here’s why.

A low inventory of homes for sale and high interest rates are creating a catch-22 in Connecticut’s real estate market: to push prices down would require more houses to go up for sale, but people don’t want to list their houses because prices are high, according to local real estate experts.

Read More

not so hot july: low inventory, interest rates keep colorado housing market calm

not so hot july: low inventory, interest rates keep colorado housing market calm

The latest Market Trends Housing Report from the Colorado Association of Realtors shows the single-family home inventory in the seven-county Denver metro area dropped 3% between June and July and is 28% lower than in July 2022.

Read More

how hot is the real estate market near white plains? home sale prices rise to $825K

how hot is the real estate market near white plains? home sale prices rise to $825K

The median sales price for a single-family home sold in Westchester County during May was $825,000. That's an increase of 13% compared with May 2021, according to a USA TODAY Network localized analysis generated with data from Realtor.com.

Read More

here’s where the wealthiest connecticut residents moved in the pandemic

here’s where the wealthiest connecticut residents moved in the pandemic

In Connecticut, the wealthiest movers on average came from Fairfield County and moved to Palm Beach County, Fla. Palm Beach County is home to popular coastal cities like Palm Beach, West Palm Beach and Boca Raton. The data showed that 418 different families totaling 778 people filed their 2019 taxes in Fairfield County and their 2020 taxes in Palm Beach County. That means over $327 million in income moved from Connecticut down to Florida, making the average income per person just over $421,000.

Read More

cities with the fastest-growing home prices in connecticut

cities with the fastest-growing home prices in connecticut

In Connecticut’s collegiate New Haven, where the median asking price for a home rose significantly over the Stacker compiled a list of cities with the fastest-growing home prices in Connecticut using real estate data from Zillow.

Read More

drop in metro denver home sales will be steeper than expected

drop in metro denver home sales will be steeper than expected

Metro Denver’s housing market is facing some major headwinds that will contribute to a larger than expected drop in home sales and slower than predicted price gains, according to a mid-year update from the Denver Metro Association of Realtors.

Read More

homes for sale in westchester and connecticut

homes for sale in westchester and connecticut

In Weston, Conn.: a three-bedroom, four-and-a-half-bath, 5,864-square-foot home with three fireplaces, a living room and dining room that have two-story windows and attractive wood ceilings, a new kitchen, a family room with a wall of windows, a primary suite that has a large bath with heated floors, a finished lower level that has a second family room, office and gym, a detached two-car garage, a heated in-ground pool with a stone patio, and a tennis court, on 5.36 acres.

Read More

in one town, 50 offers for a house — but CT real estate bidding wars finally flattening

in one town, 50 offers for a house — but CT real estate bidding wars finally flattening

As Connecticut’s spring real estate market nears the finish line, in some towns half of the houses sold in May went to contract in five days or less — and in a few select locales, in the span of a weekend.

Read More

denver housing market remains hot for potential sellers, experts say

denver housing market remains hot for potential sellers, experts say

Denver’s red hot housing market continues to generate record sale prices.

A new report from OJO Labs lists Denver as the second most competitive housing market out of the nation’s 50 largest metro areas. Denver saw seven in 10 homes sell for above list price in April, second only to the San Francisco Bay area.

Read More

prices increase 9%, inventory remains historically low in hot denver housing market

prices increase 9%, inventory remains historically low in hot denver housing market

According to the Denver Metro Association of Realtors (DMAR), the average home is staying on the market for just four days. The month of March saw appreciation at a staggering 9 percent, and the average purchase price is now $705,000.

Read More

home prices skyrocketed again in Denver and Colorado Springs in February, but people kept buying them anyway

home prices skyrocketed again in Denver and Colorado Springs in February, but people kept buying them anyway

Home prices reaching new record highs in Colorado’s two largest real estate markets is not new in the least. The last couple of years, not only are records set in the busy summer months; they’re being set in the dead of winter, when home sales typically slow.

Read More