drop in metro denver home sales will be steeper than expected

drop in metro denver home sales will be steeper than expected

Metro 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.

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denver’s june housing report is out. what's changing and what it means for buyers, sellers

denver’s june housing report is out. what's changing and what it means for buyers, sellers

The number of homes and condos up for sale in the Denver metro rose by nearly two-thirds from May to June and the number of properties available on the market grew by nearly twice from a year ago, according to the latest market trends report from the Denver Metro Association of Realtors.

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homes for sale in westchester and connecticut

homes for sale in westchester and connecticut

In Weston, Conn.: a three-bedroom, four-and-a-half-bath, 5,864-square-foot home with three fireplaces, a living room and dining room that have two-story windows and attractive wood ceilings, a new kitchen, a family room with a wall of windows, a primary suite that has a large bath with heated floors, a finished lower level that has a second family room, office and gym, a detached two-car garage, a heated in-ground pool with a stone patio, and a tennis court, on 5.36 acres.

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the housing market is slowing down. there’s some hope for buyers.

the housing market is slowing down. there’s some hope for buyers.

Nationally, 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.

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in one town, 50 offers for a house — but CT real estate bidding wars finally flattening

in one town, 50 offers for a house — but CT real estate bidding wars finally flattening

As Connecticut’s spring real estate market nears the finish line, in some towns half of the houses sold in May went to contract in five days or less — and in a few select locales, in the span of a weekend.

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chappaqua, N.Y.: a westchester hamlet that’s ‘not cookie-cutter’

chappaqua, N.Y.: a westchester hamlet that’s ‘not cookie-cutter’

Tara Watnik knew that she and her family would leave their Bronx co-op for a house in Westchester — eventually. But her husband, Scott Watnik, a partner in a Manhattan law firm, grew up in Riverdale, and they liked living in his childhood neighborhood, which was close to her job as a communications director at a private school and an easy commute for him. Then Covid hit, and they decided it was time to get serious about moving.

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'there's opportunity': denver housing prices dropped last month

'there's opportunity': denver housing prices dropped last month

For 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.

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denver housing market remains hot for potential sellers, experts say

denver housing market remains hot for potential sellers, experts say

Denver’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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metro denver the second most competitive housing market in country after bay area

metro denver the second most competitive housing market in country after bay area

Denver’s housing market was the second most competitive out of the nation’s 50 largest metro areas, with seven in 10 homes selling for above the list price in April, according to a new report from OJO Labs.

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metro denver now the fifth least affordable housing market in the country

metro denver now the fifth least affordable housing market in the country

Between higher property prices and higher interest rates, housing affordability continues to deteriorate in Colorado this year, leaving Gen Xers as the one age group still able to afford a mid-priced home in Arapahoe and El Paso counties — but not Denver.

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prices increase 9%, inventory remains historically low in hot denver housing market

prices increase 9%, inventory remains historically low in hot denver housing market

According to the Denver Metro Association of Realtors (DMAR), the average home is staying on the market for just four days. The month of March saw appreciation at a staggering 9 percent, and the average purchase price is now $705,000.

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home prices skyrocketed again in Denver and Colorado Springs in February, but people kept buying them anyway

home prices skyrocketed again in Denver and Colorado Springs in February, but people kept buying them anyway

Home prices reaching new record highs in Colorado’s two largest real estate markets is not new in the least. The last couple of years, not only are records set in the busy summer months; they’re being set in the dead of winter, when home sales typically slow.

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