Housing Prices

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Affordable Housing Is Colorado Becoming Unaffordable to Live and Raise a Family? The beautiful state of Colorado, well known for its majestic mountains and Western heritage, is grappling with an escalating affordability crisis. This issue is most evident in neighborhoods like Denver’s popular Washington Park. Once a haven for historic homes passed down through generations with modest values between $300,000 and $700,000, it has now become out […]
Buydown Rate 2-1 Buydown vs. Price Cut? I interviewed Guaranteed Rate Affinity VP Brett Dewitt regarding the difference between 2-1 buy down paid by the seller vs. reducing the list price of a home. He explains which is better when it comes to the most money saved.
Colorado Real Estate Renting vs. Buying a Home My four-part series on the Denver-Metro rental market showcases what is happening across the country.  This summer I’ve met many potential first-time home buyers who are struggling to justify the increasing mortgage interest rates with the post-pandemic higher home prices. These Millennials and GenZers are saying that they will wait out the “inflationary” market conditions […]
Affordable Housing Affordability and limited inventory stall summer housing market The spring selling and buying season, usually the busiest, was down across the country as homebuyers shied away from still high interest rates and sellers stayed home, not wanting to sell and have no where to move.  According to the National Association of REALTORS®, pending home sales recorded no change in April. “Three U.S. regions […]
Buyers Market Inflation drives mortgage rates – not the Federal Government Successful author of Money in the Streets and successful mortgage expert, Barry Habib gave a great presentation to explain interest rates, inflation, recession, housing bubbles and what they mean to consumers who are looking to become homeowners. According to Habib, we need to understand what drives prices — supply and demand.  “The demand side of housing […]
Colorado Real Estate Does the Future Look Good for Home Prices? CoreLogic’s Home Price Index showed that home prices nationwide fell by 0.4% from November to December but they were 6.9% higher when compared to December of 2021. This annual appreciation reading declined from 8.6% in November but is still solid. CoreLogic forecasts that home prices will drop 0.2% in January but rise 3% in the […]
Buyers Market Colorado’s 2023 Q1 & 2 Market Report Series– Episode 1 Consumers are waiting to see how the first quarter of this year shakes out for the real estate market. We went into the holidays with higher interest rates and low inventory. Colorado’s market is strong and often doesn’t follow its regional neighbors. According to Brett Dewitt of Guaranteed Rate Affinity, the state is an outlier […]
Buyers Market Ready to Make a Move in 2023?
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Colorado Real Estate The Great Reset The following insights from a recent Forbes article highlights expert predictions for the New Year. “2023 will bring lots of variability in how housing markets adjust,” Bright MLS Chief Economist Lisa Sturtevant said. “There will be a lot of resetting expectations for both buyers and sellers.” According to Forbes, Sturtevant predicted “variations from market to […]
Colorado Real Estate Is the Real Estate Market Balancing Out? Colorado Home Insider Podcast Buyers are finally breathing a sigh of relief. Just three short months ago I was talking about the new normal of buyers waiving all rights to appraisals and inspections. Today, many believe the housing correction has started. Real estate is local so some areas of the country may see the shift […]

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