What's being called an “extreme seller’s market” continued in May for Denver's residential real estate, with the average sales price continuing to smash records, a pitiful amount of inventory for a market the size of Denver’s, and days a home stays on the market dwindling, according to the Denver Metro Association of Realtors.
Read MoreA year after New York City home buyers descended on Connecticut’s housing market amid the COVID-19 pandemic, sales continue to accelerate heading into the summer of 2021 — particularly in communities lining Long Island Sound or just inland from Milford to Stonington.
Read MoreThe median of a single-family home sold in Colorado crossed above $500,000 for the first time ever in April and is running at an elevation 1.5 times higher than the U.S. median, according to a monthly update from the Colorado Association of Realtors.
Read MoreThe Denver, Colorado real estate market has officially entered turbo mode. So lower your safety bar and hang on for the ride, home buyers. According to a recent nationwide housing report, the Denver metro area is one of the fastest-moving housing markets in the country. At least among the nation’s 50 largest metros.
Read MoreWestchester realtors continue to see thriving sales across price points as the pandemic boom continues into the first quarter of 2021.
Read MoreHome prices in Denver's metro area were up 9.8 percent for January 2021 compared with January 2020, according to the CoreLogic Case-Shiller Index, an oft-quoted measure of price movements over time.
Read MoreThe first quarter of 2021 continued at the same fevered pace that closed 2020. In Westchester County, home sales are up 38.9%, and the average sales price is up 10.9% from the first quarter of 2020.
Read MoreSome agents are waking up at 2:30 a.m. to schedule showings. Others are spending hours trying to catch potential listings before they go on the market.
Read MoreThe rise in available for-sale housing that typically accompanies the transition from February to March failed to materialize in the Denver metro this year, as buyer demand continued to outstrip supply, according to the latest monthly report from the Denver Metro Association of Realtors.
Read MoreHomebuyers are still looking to Westchester County amid the pandemic, with dwindling inventory driving up prices.
Read MoreHome prices in the area were up 16.6 percent for January 2021 compared with January 2020.
Read MoreIn 2021, the story is quite the opposite. The real estate market in Denver Metro is thriving and performing at record-breaking levels. Following the height of the quarantine period, many people realized how important their homes were and decided to take advantage of the historically low-interest rates to make their dreams of owning a home in the Mile High City a reality. This wave of motivated buyers flooded Denver Metro beginning in late spring and has maintained its momentum into this year.
Read MoreWhen the coronavirus outbreak took hold back in March of 2020, many assumed life would be temporarily upended. Fast forward a year, and we're still in pretty much the same boat.
Read MoreThe housing market in the Denver metro area has seen a dramatic increase in home prices of more than 20 percent over the past year, making it even more competitive for families to buy their first home. Those who were able to purchase a house say they had to open their search beyond their initial expectations as realtors say the inventory will only improve slightly for the rest of 2021, keeping it a seller’s market.
Read MoreFor the second month in a row, attached properties sold for record-breaking prices. The average price of a single-family home also reached a new high at $632,581.
So far, 2021 doesn’t look much different from 2020—and we’re not just talking about COVID-19 restrictions. Denver’s housing market, which has been scorching hot for the past year, shows no sign of slowing down. There are an abundance of buyers, homes are selling fast, and prices keep increasing.
Read MoreFebruary marked yet another month of record-low inventory for the residential market in the Denver metro, where a resurgence in homebuying activity that began last summer has continued to push prices higher and fueled stiff competition among potential buyers.
Read MoreAs the real estate market remains on a boil in New York’s Hudson Valley, heated in large part by second-home buyers re-evaluating their commitment to urban living, longtime residents are experiencing both prosperity and pain.
Read MoreThere’s no denying that the real estate market is hot right now. The need for homes that cater towards consumers’ desired lifestyles in the wake of COVID-19 paired with low-interest rates has created an environment where buying a home is a top priority on everyone’s to-do-list.
Read MoreOne outgrowth of the coronavirus is that properties offering more social distancing are in greater demand. “Whether it’s a townhouse or a single-family house, [people are] looking for their own front doors,” Stetson says.
Read MoreWhile early February spotlights Groundhog Day and the annual prediction of spring’s arrival, the Colorado housing market just keeps reliving its long-term storyline of low inventory and high demand with no predictable change in sight, according to the January 2021 housing data from the Colorado Association of REALTORS® (CAR).
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