As we enter the holidays, the Denver Real Estate Market begins a slower season. Buyers and sellers alike shift into low gear or even pause entirely until Spring. In October, the housing market was further impacted by interest rate moves. After the Federal Reserve’s last interest rate cut, mortgage rates hit a 19 month low in
Just like the aspen leaves in the Rockies, this is a golden time for buyers in the Denver Real Estate Market.
Are lower rates already affecting the Denver Real Estate market? The first August monthly market update says yes. Time will tell the full effect of lower rates with duration, but we are already seeing more activity as affordability improves. Active Listings Active listings continue to grow well above (56%) last year, though not as much
Are we moving into a Denver Real Estate buyer’s market? At some price points and in some neighborhoods, there are lots of options for buyers – to wait for that perfectly priced property that checks all of their boxes. At the same time, the July 2024 Denver Real Estate market statistics show 2.86 months of
The June Denver Real Estate presents more options for buyers, yet price and rate pressures continue. While the buying frenzy of past years has died down, buyers still need to be prepared to act when conditions are right. It is also important for sellers to understand the market they are entering in order to have
The May Denver Real Estate continues the path towards a balanced market. At the same time that there are more options for buyers, the affordability challenges of high interest rates and sustained prices are a headwind. The key metrics below give insight into the market’s recent movements. Active Listings The most notable change in the
The April Denver Real Estate Update is showering listings on buyers. What will May bring? How will increased inventory affect closings and pricing? Only time will tell. Be sure to check back on the CJV monthly Denver Real Estate Update blog. For now, dive into April: Active Listings Active listings surged over 50% from last
Buyers in the Denver Real Estate market are out in force this Spring season. So begins the climb in prices that typically peaks in the middle of summer before bottoming in the winter. With the golden handcuffs of the mortgage rate lockdown, new listings are slowly coming to the market. It’s a story of supply
The Denver Real Estate Spring selling season has officially begun and is in full swing. The monthly update shows typical seasonality with increased listings and increasing prices. What does it take to get a deal done? It’s not the luck of the Irish. Work with your CJV expert realtor to create a strategy to reach
Here in the Denver Real Estate market, winter is over. Things are warming up and Spring is coming. Don’t worry about groundhogs and shadows. It’s time to get ready! Active Listings Active listings in the market hit 4,871 in January 2024. This was an increase of 18% over January 2023. This is an improvement for