how homebuyers are hacking the real estate market

how homebuyers are hacking the real estate market

For the past two years the real estate market in Denver Metro, as well as the rest of the country, has been moving at lightning-fast speeds. Thanks to the increased demand for homes and the limited inventory of available houses, home prices have increased at a much higher rate than many consumers are used to.

Read More

NY regional closed median home price for november 0.9% lower than in october

NY regional closed median home price for november 0.9% lower than in october

OneKey MLS, reporting detailed, month-over-month statistical information about residential, condo, and co-op sales transactions in the regional MLS coverage area, finds that the closed median sale price in November 2021 was less than it was in October 2021.

Read More

suburban NYC home sales plunge because there’s nothing to buy

suburban NYC home sales plunge because there’s nothing to buy

Potential buyers are coming up empty in their search for a place-- and that’s sent contracts plunging for the fifth consecutive month in Westchester County and Long Island, according to a report Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate.

Read More

CT october home sales lag behind pandemic surge, but still above 2019, data shows

CT october home sales lag behind pandemic surge, but still above 2019, data shows

Fairfield County, which has been particularly affected by housing price hikes, saw a 35 percent drop in the number of closed sales in October — 858 — compared to the same month last year. But it also saw the largest increase in sales compared to 2019, at 23 percent.

Read More

from summer heat to autumn chill, metro denver housing market continues to cool down

from summer heat to autumn chill, metro denver housing market continues to cool down

Both home sales and active listings in metro Denver dropped in October, with the housing market running much cooler than this time last year, according to the Denver Metro Real Estate Market Trends Report from the Denver Metro Association of Realtors.

Read More

home sales prices rise again in the hudson valley as buyers seek larger space outside NYC

home sales prices rise again in the hudson valley as buyers seek larger space outside NYC

The median sales price for single-family houses rose in 2021's third quarter compared to the same July-through-September period last year, including from Westchester to Putnam to Rockland, according to the Hudson Gateway Association of Realtors.

Read More

denver realtors say there is no housing bubble despite competitive market in new report

denver realtors say there is no housing bubble despite competitive market in new report

The Denver-area housing market saw a relative slowdown for inventory in July and August, but the end of September saw a 10.86% increase in inventory compared to the previous month, according to the October Denver Metro Real Estate Market Trends Report from the Denver Metro Association of Realtors. The report led DMAR experts to call this a good time to buy.

Read More

denver area home sales fell in september, while inventory rises a record amount

denver area home sales fell in september, while inventory rises a record amount

Metro Denver’s housing market continued slowing in September, with the number of homes and condos sold declining and the inventory of active listings on the market rising by a record monthly amount, according to an update from the Denver Metro Association of Realtors.

Read More

deep dive: connecticut housing market still strong moving into fall

deep dive:  connecticut housing market still strong moving into fall

The national average July to July was 19.7% in terms of increases, but Connecticut is out pacing that in many counties especially Litchfield county where home prices increased 24.8% from august of this year to august of last year.

Up in New Haven it’s 23.7%, Fairfield County 20.7% and Hartford is not keeping up with the pace of prices, it is only up 17.1%, but Connecticut's housing market is still strong.

Read More

denver’s embrace of rezoning for “granny flats” is growing by neighborhood, individual initiative

denver’s embrace of rezoning for “granny flats” is growing by neighborhood, individual initiative

Interest in ADUs rose steadily in the 2010s, and has only grown stronger in the past few years as the metro-wide real estate market became, for many, prohibitively expensive. City planners have seen an uptick in people moving to rezone their property, and in 2019 carved out a place for ADUs in Blueprint Denver — a “planned guidance” document that recommends removing barriers to the units in residential districts. So far, planners say, they’re not aware that any requests have been denied.

Read More

historic home prices to whack owners in next year’s property tax

historic home prices to whack owners in next year’s property tax

Property taxes -- up the most in 15 years in 2020, according to recently released Labor Department data -- will likely see even sharper jumps this year. The median price of previously-owned, single-family homes set new highs last year, and have climbed even more in 2021, which could haunt homeowners when the bills come due and potentially force Americans to dig deeper into their savings.

Read More

denver real estate housing market forecasts and trends 2021-2022

denver real estate housing market forecasts and trends 2021-2022

The U.S. housing market in 2021 has been a year full of low interest rates, eager buyers and low inventory of homes on the market. Denver is no exception, especially as it continues to attract young professionals, growing families and others to its location on the Front Range of the Rocky Mountains.

Read More