Along with the November Denver real estate market update, we are entering the season of winter weather and holiday parties. Christmas came early this year! Mortgage rates have dropped to the lowest in almost 2 years and the New Year will likely hold even more interest rate decreases! Active Listings Active Listings this November up
With Halloween over, we are truly into the Holiday season. Prepare for both a possible flurry of snow and activity in the real estate market. Overall activity has significantly slowed with the rise in interest rates as buyers are closely watching interest rates like they are watching the colors change. However, any significant decrease in
Just like the Byrds song: Autumn is here in Denver with the changing of the leaves and the normal seasonal changes of the Denver real estate market as well. With Fall comes a traditional slowing of the real estate market. Still, even as things slow, life goes on. Some people are sellers and some are
Increased interest rates continue to affect the Denver Real Estate market. As mortgage rates surpass 7%, market activity continues to slow – at all metrics. And yet, buyers and sellers continue to get deals done when properties are priced right. Let’s break down the numbers. Active Listings While active listings ticked up almost 9% from
At CJV Real Estate, the monthly stats are just one way we keep our finger on the pulse of the Denver Real Estate market. In addition to feedback from our active listings, showings for buyers, conversations with other agents, and regularly watching the MLS. We have been in a seller’s market for the last few
June 2023 Denver Real Estate Market stats are out and so it is worth stepping back and reflecting on the state of the market six months into the year. Price Many economists predicted a recession that we have not witnessed. Indeed prices have largely held steady. The average closed price of $713,674 in June 2023
Even though the recent streak of rainy, stormy Denver afternoons remind us of the refreshing essence of Spring, the real estate market transitions into summer. Memorial Day weekend marks the official end of the Spring real estate buying market. Before we delve into the insights of the May 2023 Denver real estate market, it’s important
The Denver real estate market continues to present challenges and opportunities for buyers and sellers alike. A typical Spring market is full of activity. Buyers hope to move in before the school year begins anew in the Fall. Sellers hope to capitalize on this increased activity and list into a wave of buyer interest. As
Spring is here! And with it, the March 2023 Denver Real Estate Market continues to show steady growth in both inventory and sales. The total inventory of available homes in the Denver area has increased significantly since March 2022. And, typical of the Spring market, there is more activity. More homes are coming onto the
Let’s discuss the Denver real estate market and highlight the top three current trends that potential buyers and sellers need to know. There is great news for buyers as the market becomes more accommodating. First, let’s talk about the current state of the Denver housing market. While home values have increased by 14.7% over the