When coronavirus hit Colorado in March, an unprecedented number of listings were pulled from the market. In April, prices held steady and houses were selling faster than they were the previous year. By May, the real estate market picked up with 56 percent more new listings than April, but still 17 percent fewer than May 2019.
Read MoreSome of Connecticut’s pricier home buying markets — Fairfield County, the shoreline, Litchfield County and the Farmington Valley — saw a surprising surge in purchases last year as the grip of the pandemic tightened, with little let-up seen for at least the first part of 2021.
Read MoreCapRelo, a global mobility firm specializing in U.S. relocation, identified which exurbs are seeing the largest upticks in population. Researchers culled data from the American Communities Project and the Brookings Institution to analyze more than 300 exurban communities in each state.
Read MoreThe see-saw year, aka 2020, ended on an astonishingly high note for real estate practitioners in the Lower Hudson Valley, according to the 2020 Fourth Quarter Residential Real Estate Sales Report for Westchester, Putnam, Rockland, Orange, Sullivan, and Bronx counties released on Jan. 5 by OneKey MLS.
Read MoreDenver is expected to be the fifth-hottest home market in the U.S. in 2021, according to the results of a recent survey published by Zillow Inc.
Read MoreThe Greenwich-Bridgeport corridor will see one of the half-dozen biggest increases in home prices in the nation next year, according to a Realtor.com study of the 100 largest metropolitan regions.
On the heels of a huge real estate market driven by an escape from cities during the COVID-19 pandemic, Realtor.com is projecting a 7.8 percent increase in prices next year for the coastal Fairfield County region. Silicon Valley was tops with a forecast 10.8 percent gain, followed by regions centered by Seattle, Boise, Idaho; Fresno, Calif.; and San Francisco.
Read MoreFor many, the dream of living close to the majestic Rocky Mountains and all of the recreational opportunities afforded to residents of our hometown is now a very real possibility as transplants from other parts of the nation look to relocate to Colorado. The housing market in Denver has long been considered a seller’s market and the push to move into the area has only accelerated over the past nine months.
Read More“The impact is going to be tremendous,” Antonio Iadarola, public works director and city engineer, told City Council members at their meeting last week.
Traffic signals from the garage at Western Connecticut State University to Federal Road will also be re-timed.
Read MoreThis year's list of the 25 best neighborhoods in Denver includes some new entries in fast-growing areas like Five Points, Lowry Field and Stapleton (recently renamed Central Park). Falling out of the top 25 were Skyland, Speer and Southmoor Park.
Read MoreCompetition was also fierce in New Rochelle, which attracts buyers with its parks and beaches, an ethnically mixed population of 79,000, and by being a mere 20 miles north of Times Square. The house the Rothschilds bought — which has three bedrooms, one and a half bathrooms and a fireplace that is now working (after repairs), in the Beechmont neighborhood — received multiple bids before selling for $490,000, or $25,000 above the listing price.
Read MoreAn advantage of listing in the current market is that we are dealing with a known set of circumstances. We know where the market is, what interest rates are, what demand is like. The truth is that interest rates do fluctuate, and no one can predict where they will be in the future.
Read MoreMetro Denver is expected to see a 12.5% increase in home sales next year, which ranks fourth highest out of the 100 metro areas examined, behind only Sacramento, Harrisburg, Pa., and Charlotte, N.C., according to the forecast released on Tuesday.
Read MoreFor the 13th time this year the mortgage interest rates have reached the lowest point in recorded history. Freddie Mac reports 30-year, fixed rate loans were as low as 2.72% over the past week. That is down from their previous low of 2.78% earlier in the month.
Read MoreFor those yearning for a bit more undisturbed acreage in a fast-growing metro area, look to the north.
Brighton and Adams County teamed up with The Conservation Fund this week to preserve 79 acres of farmland along 144th Avenue and Sable Boulevard, just south of Brighton, in a traditionally agricultural area recently designated as Historic Splendid Valley.
Read More“Denver has so much to offer,” he added. “The city’s booming restaurant and bar scene has granted it a great number of accolades making virtually every venue a destination in its own rights. In particular, we picked the neighborhood of Lower Highlands as it marries well with the Life House brand’s ethos being architecturally interesting, growing at a very fast pace, and with a story to tell.”
Read MoreDuring the third quarter, 2,167 single family homes were sold in Westchester, a 12% improvement from 1,940 in 2019's same period Houlihan Lawrence said market conditions are favoring sellers and forcing fewer concession on pricing than last year.
Read MoreU.S. News & World Report says four Colorado cities are in the Top 5 best places to live in the country. Boulder and Denver came in at No. 1 and No. 2 and Colorado Springs and Fort Collins came in at No. 4 and No. 5 in the 150 Best Places to Live in the U.S. in 2020-21 list.
Read MoreHousing prices are rising more quickly in Fairfield County than any other locale in the U.S., according to data compiled from the real estate website Redfin by Bloomberg.
Read MoreIn Denver, home sales last month rose only 16.3%, but likely because buyers couldn’t find enough to buy. The number of homes listed for sale at the end of October was down nearly 44% over the past year and the median price for a single-family home sold is up 14.3% over the year to $519,900, according to a report from the Denver Metro Association of Realtors.
Read MoreAre you tired of renting? Are you considering purchasing your first home? Do you dream of owning a house that can provide both you and your family a sense of stability and community?
For many Americans, home ownership is an important part of the American dream. Being a homeowner means having a space to call your own and a place where you belong. It also means being a part of a community. Owning a home may provide other financial benefits, such as the ability to build wealth through home equity, and potentially lower housing costs and savings over the cost of renting.
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