With the rapid shift that’s happened in the housing market this year, some people are raising concerns that we’re destined for a repeat of the crash we saw in 2008. But in truth, there are many key differences between what’s happening today and the bubble in the early 2000s. One of the reasons this isn’t like the
For over 78 years, Veterans Affairs (VA) home loans have provided millions of veterans with the opportunity to purchase homes of their own. If you or a loved one have served, it’s important to understand this program and its benefits. Here are some things you should know about VA loans before you start the homebuying process. What
3 Graphs Showing Why Today’s Housing Market Isn’t Like the 2008 Housing Bubble With all the headlines and talk in the media about the shift in the housing market, you might be thinking this is a housing bubble. It’s only natural for those thoughts to creep in that make you think it could be a repeat of
The times, they are a-changing A summary of some statistics that we track monthly to give you the big picture. Here’s a look at May 2022: There were 3,652 active listings in May, an increase of 76% from the prior year prior. The average length of time listings were on the market was down to
Our hardworking Carrol Rhead suggested posting this quote by David O. McKay in honor of Labor Day! “Let us realize that the privilege to work is a gift. That the power to work is a blessing. The love of work is success.” -David O. McKay
If you think the Denver Market has slowed down, you’re half right. Yes, it has slowed down, due to seasonal constraints, such as Vacation Time (July) and Back to School (August) – but be prepared for the action to pick up in September & October – with more homes on the market, and more buyers
It’s been one very interesting summer for Denver Real Estate!
Patrick Finney, Owner/Broker of CJV Real Estate weighs in on this month’s real estate market in Denver, Colorado: Two key factors– inventory and interest rates– continue to stay at record low levels during the month of June, 2021. That means that the market remains a Seller’s Market. The good news for Buyers, however, is that
April numbers in Denver Real Estate are out!The most recent stats show hope for buyers while also painting the reality of a market drastically changed by the past 12 months.The bright spots:Active Listings at month end increased 35% from March ‘21 to April ‘21.The 4,662 new listings in April 2021 are up almost 40% from
March roared in like a lion with lots of new records! Price: New record at $674,990, up 6.72 percent from last month and up 19.3 percent from last year! Inventory: March Month of Inventory (MOI) dropped to 0.39 months. Given our current inventory and current rate of sales, it would take 0.39 months or less than