A favourable geographic location, an educated workforce, strong connectivity and a high quality of life are working in Denver's favour when it comes to attracting investment.
Read More“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.”
Read MoreSigns of a slowing housing market persist in the Mile High City, according to the latest data from the Denver Metro Association of Realtors.
Read MoreWaiting until prices plateau to buy won’t necessarily save you money though. “The more the bubble pops,” Gill says, “the higher the interest rates have gone. So your bottom-line expenses are either going to be the same or cost more if you don’t get into the market now.”
Read More“The market is entering a period of neutrality where the bullish ways of extreme markets make way for a stage of compromise, with buyers and sellers working together for a win-win experience,” wrote Levinson-Katz.
Read MoreDenver officials want to better understand what it would take to turn obsolete office buildings downtown into sorely needed housing and plan to approach property owners next year about tackling those conversions.
Read MoreAccording 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…
Housing markets across the state slowed sharply in August, but some held up better than others in the face of rising interest rates and reduced buyer demand, according to an analysis of numbers provided by the Colorado Association of Realtors.
Read MoreHigher mortgage rates continue to make it less enticing for potential buyers to look for a new home.
Denver-area home prices continue to drop month-to-month, though they are still higher than they were this time last year.
Read MoreColorado’s capital has transformed from a city in decline into a magnet for the affluent.
Statistically speaking, Denver’s economy is on fire. Unemployment has more than halved in the past year, GDP is expected to grow 73% faster in 2022 than the national figure and inflation — even more so than in the rest of the country — is on a tear.
Read MoreWith home prices increasing by over 30% nationally since June 2020, many people wonder if Denver is in a housing bubble about to burst.
However, experts say several factors indicate Denver’s housing market remains strong.
Read MoreFrom this time last year, median house prices have risen 11.5%, to $723,750, in metro Denver metro, according to the latest Market Trends Report from the Colorado Association of Realtors. In normal times, that would be a hefty hike. But it’s nothing compared to recent years, when home prices have been rising around 20%, from one year to the next.
Read More"Gone are the days that a seller can simply put a sign in the yard and expect their home to sell," the Denver Metro Association of Realtors reports.
Read MoreBig shifts are increasingly favoring buyers over sellers
A big chill continued to descend on metro Denver’s housing market last month as home sales fell sharply and the number of listings continued to soar, according to a monthly update from the Denver Metro Association of Realtors.
Read MoreMore houses hit the market in June than last year. Plus: The U.S. catches up with Denver’s inflation rate, a slowdown at the unemployment office and more!
Read MoreMetro 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 MoreNationally, supply has increased, too, leading to more options for potential buyers. Active home listings have increased on a year-over-year basis for the fifth week in a row, according to Realtor.com data released today. And for the first time in seven weeks, median listing price growth slowed—though it remained well above the historic norm.
Read MoreFor what feels like the first time in a long time, the housing market is shifting, and this time in the direction of the buyer.
A report by the Denver Metro Association of Realtors (DMAR) shows the median closing price for a home fell at the end of May compared to April.
Read MoreHomes sold for cash across the country reached a new peak of 28% this March, the highest point since the crisis years post-2008, when a lot of home sales were foreclosures, according to the National Association of Realtors.
Read MoreDenver’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.
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