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
Everything slows down in the cold, winter weather, including the Denver Real Estate market in December 2023. This typical seasonality was reinforced by the highest interest rates in years. The best gift Santa brought is lower rates! This will translate to increased activity, buying and selling, this Spring as buyers can afford more and sellers
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