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 MoreThe 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 MoreHome prices are still climbing nationally, but a slowdown in price appreciation is inevitable as more people are priced out of the market, according to experts.
Read MoreAfter a year of record-breaking buying and selling activity in Colorado, it appears as though the red-hot market is finally cooling off and settling back into its typical trends.
Read MoreIt started in 2020 with the coronavirus pandemic, as urban dwellers fled the dense cities and moved to the spread-out suburbs, snapping up properties sight unseen in some cases. And as jobs went remote and workers realized they no longer had to live in a set spot, the moves continued in 2021. With a serious lack of inventory, bidding wars ensued, some buyers skipped home inspections or paid cash to lure sellers to accept their offer, and the most-coveted homes sold seemingly the moment they went on the market.
Read MoreBalance is good for both buyers and sellers.
Denver's red hot housing market is finally beginning to balance out, but don't call it a cooldown, experts say.
Read MoreThe prolonged nature of the COVID-19 pandemic has created a housing market driven by more emotional decisions.
Read MoreAfter months of bidding wars, rising prices and extreme concessions by buyers, realtors said the market is starting to look normal.
Read MoreSales of homes in Westchester County continued booming in 2021. The flourishing sales in Westchester County is leading to thriving statistics across the Hudson Valley with numbers higher than compared to the past three years according to Hudson Gateway Association of Realtors (HGAR).
Read MoreMetro Denver’s housing market slowed in July, with closings down from June and the inventory of available homes remaining tight but rising at a record rate, according to the monthly Market Trends Report from the Denver Metro Association of Realtors.
Read MoreIt’s no secret that the COVID-19 pandemic has turned the real estate market into a wild domain. If you’re looking to buy or sell a home, you’re likely eager to know how long this will last.
In June 2021, home prices across the U.S. surged 24.8% year-over-year — to a median sale price of $386,888 — according to Redfin. During the same time period, the number of homes sold increased 20.6% and the number of homes for sale tumbled 39.6%.
Read MoreThe real estate scenes in Denver and Colorado as a whole continue to send mixed signals. Earlier this month, the Denver Metro Association of Realtors highlighted data suggesting that the local market could plateau soon, even as the average price for a single-family detached home hit another record high. And now, a new report from the Colorado Association of Realtors cites rising inventory and more pricing flexibility — yet affordability figures have never been worse.
Read MoreBeaches are among Fairfield’s defining features. The 32-square-mile town has five municipal beaches along its five miles of Long Island Sound coastline, five private beaches around Samp Mortar Lake and another municipal one a mile north, on Lake Mohegan.
Read MoreLoving where you live has never been more important. While a healthy job market, good schools, and affordability have always attracted homebuyers, the coronavirus pandemic has fueled a new need for a home with plenty of room to stretch your legs—indoors and out.
Read MoreContracts to buy suburban New York homes have scaled back from their frenzied pace at the height of the pandemic.
Read MoreAccording to the latest monthly figures from the Colorado Association of Realtors (CAR), housing inventory increased by 24% in June, with the statewide median sales price for a single-family home increasing nearly 24% year-over-year to $530,000.
Read MoreThe arrival of July 1 marks the end of one of the most remarkable quarters in New York real estate history. Every week since February has seen more than 30 contracts signed at $4 million and over, the most extraordinary run since before the 2008 recession.
Read MoreAccording to data from national brokerage Redfin, homes in Connecticut are selling for over the asking price in all eight counties.
Read MoreIn February 2021, the S&P CoreLogic Case-Shiller property value index jumped 12% over February 2020 figures. That hasn’t happened since 2006. Historically low mortgage interest rates coupled with an increase in housing inventory herald the beginning of a buyer’s market. Just one question remains—are you in?
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