Showings are back on in Colorado. Here are the RE trends for the first week of May 2020 vs same week 2019. HUGE rebound! Better than expected. Attached below is the Your Castle RE Trends Report. UNDER $300K Showings are back to last year’s rates New listings doubled from last few weeks; plenty of homes… [Read More]
Let’s begin with some stats. What you see is a market with increased inventory, very slowly returning to the long-term average of 6% per year price increase for homes & condos. By no means should we as sellers be overly alarmed, we are just coming off of a crazy strong sellers’ market. The increased inventory… [Read More]
Our newest Infographic Trends booklet covers north, south, & central Colorado facts & figures. It also includes new and unique statistics, including: Generational Trends Homebuyer Median Age & Income Migration of Colorado Residents, … and more!We pride ourselves in making our information free and accessible to all.
Click here for the Denver Metro Association of Realtors (DMAR) report for the June stats. Key points: Active inventory continues to be up about 35% from the same time last year. This has been pretty consistent every month this year and really isn’t “news” anymore Current inventory = 8,891, or about half of historical average…. [Read More]
Here are market updates from REColorado for February 2019: Number of active listings at the end of Feb up 39% from the same time in 2018 Inventory had been up about 50% on 1/1/19 vs. 1/1/18 Great to see the trend to more inventory isn’t going away Under Contract is up 6% from same time… [Read More]
Hot off the presses. Attached is Your Castle’s Real Estate Trends report for 4th Quarter of 2018. Denver Condos Denver Homes Southern Colorado Northern Colorado Mountain Areas
By Kelcey McClung – Reporter, Denver Business JournalLINK TO ARTICLE While high prices and low inventory in Denver’s housing market dominated headlines well into 2018,2019 is likely to see a softened market. That’s according to Jill Schafer, chairwoman of Denver Metro Association of Realtors’ (DMAR) MarketTrends Committee. “Mid-year 2018, we saw a huge increase in inventory that we haven’t seen in years; that really slowed things down for sellers, and… [Read More]
After analyzing 100 of largest metropolitan areas in the country, Trulia just named Colorado Springs the #1 “Housing Market to Watch in 2019”! Strong employment growth, a fast growing number of young residents, and affordability all played major roles in helping the “The Springs” secure the top spot.
Right now is an amazing opportunity for buyers in the Denver market. It probably won’t last past Feb, 2019. See below. This graph shows the average number of showings per active listing which measures demand. The dotted lines are 2010 and 2012, which was the recession 2018 the lowest showings/listings in the past 5-6 years. For… [Read More]
Are we in a “Real Estate Bubble”? If you are interested in how the Denver market is doing, I’ll be hosting a free class every week in June. Sign up here to attend http://scottkimball.eventbrite.com