A lot is happening in the world, and it’s having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative. Some we just don’t know yet. The following three areas of the housing … [Read more...]
The Real Estate Market
This page is your source for regularly updated information about the national U.S. real estate market as well as the local Denver real estate market.
Home values have softened over the last twelve months. We are no longer seeing 6-7% annual appreciation levels for the national housing market. The current numbers are closer to 4%. Some have suggested that year-over-year appreciation … [Read more...]
A Tale of Two Markets: A trend that has been emerging for some time now is the contrast between inventory and demand in the premium and luxury markets versus the starter and trade-up home markets and what that is in turn doing to … [Read more...]
Recently, it was reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of … [Read more...]
Some Highlights: Existing Home Sales slowed to an annual pace of 5.21 million home sales in March. Low inventory levels are still impacting home sales! The current month’s supply of homes for sale is 3.9-months. Median home … [Read more...]
Last fall, some predicted that the 2019 residential real estate market would be a disaster. There was even belief we might experience a housing crash like the one that occurred during the last decade. However, according to two separate … [Read more...]