Lots of families are trying to buy a new house before interest rates go up! Watch REALTOR® and CAR Spokesperson Kelly Moye give Channel 2 News a look at what is available and how much your money will get you both in Denver, and in the suburbs outside of Denver. Houses in Denver: Houses Outside of Denver: ...
NAR recently released highlights from its annual Profile of Home Buyers and Sellers. It highlights interesting information stats such as: • 87% of buyers purchased through an agent • Only 8% of home sales were FSBOs (lowest since 1981) • Buyers are more than likely to find their home through agent, rather than through website • Buyers between ages of 18-24 were most likely...
It was only a few days ago that the Denver Business Journal reported that Littleton ranked the second best small city in the country. Now Centennial has been named the 4th best place to live in America, according to a new report that uses data from 550 U.S. cities with populations of 65,000 or more to determine the best. Fort Collins,...
According to realtor.com®'s "Advance Read of October Trends", the Denver-Aurora-Lakewood Colorado market was the number one hottest market in October. The Denver Metro market ranked the 3rd hottest in September. Boulder Colorado was the 17th hottest market in October, 22nd hottest in September. The following markets are the 20 hottest markets in the country for October, ranked by number of views...
According to a new WalletHub study, the city of Littleton is the second-best city in the United States. Affordable housing costs, high home-ownership rates, comfortable cost-of-living, and access to education and healthcare resulted in a high quality of life, giving Littleton its impressive ranking. WalletHub looked at 1,268 small cities across the country, or those with populations between 25,000 to...
Prices, new listings and inventory down in most areas of the state. According to market statistics released last week by the Colorado Association of REALTORS® (CAR), the traditional summer housing slowdown that was evident in July and August in Colorado has continued into September. Housing markets often experience slower sales during the summer months as buyers and sellers focus on vacations,...
A recent article by the Denver Business Journal found that Denver ranks second of the highest paying cities for real estate sales agents. At an average pay (2014 data) of $80,910 per year, Denver came in second only to Indianapolis, with an average pay (2014 data) of $99.540. The data comes from an analysis by The Business Journals of the latest...
by Mark Fleming, chief economist, First American. Article originally published in the 2015 October Edition of REAL Trends. While the Federal Reserve hasn’t raised rates yet, it could potentially decide, before the end of the year, to increase interest rates for the first time since 2008. The CME FedWatch Tool measures the market’s expectation of Fed target rates. One argument is that...
Reminder: New TRID Rules Effective as of Saturday, October 3rd. REALTORS® should be aware that the TRID Rules represent definitive changes that impact Lenders and will also impact the parties and participants in the real estate transaction. An understanding of the process under TRID will increase the ability of the real estate brokerage community to provide guidance to Buyer and Sellers,...
Single-family home prices down 3 percent for summer months. Fewer homes were sold in Colorado during August, the second consecutive month this year to see declining sales, according to market statistics released today by the Colorado Association of REALTORS® (CAR). The 10,657 properties sold last month represent an 8 percent decrease over July. From June through August of this year total...