Temporary Madness
The news that there are no longer any single-family homes in the Denver area for $300,000 or less is, frankly, horrifying. As the median price for area homes has crept to the $1 million mark, what these two facts together…
colorado real estate
Recession, and Securing Investments
The one constant investors can count on in any market is that conditions will change. That’s true even for the real estate market, which tends to be more stable than stocks. Despite multiple years of a seller’s market and a…
Recession, and Multifamily Rentals
With the Federal Reserve raising interest rates to dampen inflation, many pundits are predicting that the U.S. will enter a recession soon. So what impact would that have on multifamily rental properties, especially ones in Colorado? After all, multifamily investment…
2022 Colorado real estate market report
There is good news for both sellers and buyers. Sellers understand there is a window to leverage the market and sell today, which is benefitting home buyers with more inventory.
Surprising new data on America's house-price-to-income ratio crisis
A new report by Real Estate Witch has uncovered a disturbing trend: Since the 1960s, wages have been more or less flat while home prices have more than doubled, outpacing household income since the 2008 financial crisis by three times. This trend is making things increasingly tough—and maybe impossible—for buyers.
8 things to know when selling your home
It’s a great time to sell a home in Colorado. One recent study found that Colorado is one of just eight states where more than half of all zip codes saw double-digit increases in home values over the previous year. But, even in a booming market, selling your home is complicated. Check out these expert-tips before you sell your home.
Hot market spurs home sales on the Plains…and 100-mile commutes
As home prices spiraled ever upward in Denver and every other city on the Front Range, many homebuyers looked east. Like the rest of the state, home prices are up across the board on Colorado's Eastern Plains. Most markets within 50 miles of the Front Range are seeing double-digit price increases in 2021
The hottest question in real estate right now
A lot of buyers don’t realize there is a lot more to an offer than price. Understanding the seller’s priorities can be a game changer in terms of coming up with an offer that best suits the buyer’s needs and interests.
Ask A Realtor: FSBO or broker?
Buyer demand is very high and sellers in Colorado are in a great position to maximize profits. That being said, the saying that "things are not always as they appear to be" is a case-in-point for for-sale-by-owner (FSBO) sellers.
Q1 real estate market trends report
Eagle County has several different markets, ranging from the resort areas of Vail and Beaver Creek to the down valley communities of Eagle and Gypsum. Each one offers its own unique attributes and different price point options, tailored to the needs, lifestyle interests and budgets of buyers.
What Millennials want in a Colorado home
A dream home can quickly turn into a money pit if more damage is revealed once renovations begin. Understanding the needs of young adults and first-time home buyers is imperative to staying ahead in Colorado’s busy residential market.
5 changes to real estate that you should know
Zillow radically alters the real estate game with instant offers based on your Zestimate. This will enable Zillow to become the biggest player in the real estate dating game with its trove of data to easily match buyers and sellers at the neighborhood level.
2021 Colorado real estate market predictions
The main economic drivers in 2021 will be the rollout of the vaccine, the work from home and now the back to the office phenoms, the shift to online shopping, and the flight to suburbia. What does this mean for Colorado real estate in 2021?
Listings down, prices up in mountain towns
Real estate experts say pandemic influences include pent-up demand from buyers, limited availability as potential sellers choose to remain in place, interest rates as low as 2.5% for a 30-year mortgage, and significant increases in location-neutral workers who have proven productive. The active summer buying season extended into fall after limited in-person showings in spring. The tight single-family home inventory and price appreciation have put dreams to relocate on hold for some.
Nothing stands in the way of Colorado’s real estate market
As COVID-19 stormed into the country, many feared the housing market would take a turn for the worse. But fortunately, just the opposite occurred. Lower interest rates, pent-up demand and quarantine have resulted in the recent housing boom. While home values continue to appreciate, this is good news for investors looking to make 20-year real estate investments in 2020.
How the election impacted Colorado real estate taxes
It has been quite the election cycle with lots of ups and down. One thing is certain, Colorado voters were in a spending mood which will result in Colorado property owners paying a lot more in taxes on everything, especially in Denver County. What does this mean for Colorado real estate?
How COVID-19 has impacted the housing market in Colorado
Nationally, the housing market continues to shrink as existing home sales fell again in May, marking a three-month decline in sales as a result of COVID-19. How has the Colorado housing market fared amid the global pandemic?
Ask a Realtor: Are virtual tours reliable for buying a home?
Touring a home these days doesn’t look the way it did at the start of 2020. Here are five tips for getting the most out of your virtual tour video
Ask a Realtor: Is now a good time to purchase a resort-area property?
As coronavirus brings uncertainty to Colorado’s real estate market, two Vail Valley realtors look at the resort market’s moderate price range properties and their luxury/resort market real estate. Is this a good time to be a buyer or a seller? Read on to find out.
The impact of COVID-19 on Colorado real estate
Though real estate transactions have been deemed essential by the state government, open houses and showings are banned. It’s a tough environment to do business in, and sellers know it: A record 761 listings were pulled from the market in March. What does this mean for the future of real estate in Colorado?
