What Impact Might COVID-19 Have on Home Values? A big challenge facing the housing industry is determining what impact the current pandemic may have on home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy. The price of any item, however, is determined by supply and demand,… [Read More]
May Denver Area Real Estate Market Update
The May Denver Area Real Estate Update and market final figures for April shows listings down 10.5% from April 2019. Not a big surprise because of the COVID-19 pandemic. The Average Sold Price dropped last month – from $501,594 to $490,024. The Average Days on the Market is down to 25 days. In April 4,695… [Read More]
Housing Market is a Powerful Economic Driver
The Housing Market Is a Powerful Economic Driver. Buying a home is a substantial help in making an even stronger recovery force throughout the country. If you’re in a position to buy a home this year, you can have a significant impact on your local neighborhoods and safely make the move you’ve been waiting for…. [Read More]
Test Drive a Neighborhood While Sheltering In Place
Staying at home doesn’t mean your search for a new place needs to come to a standstill. You can Test Drive a Neighborhood While Sheltering in Place. Check out these tips on how to explore other neighborhoods virtually in the homebuying process. You may find a spot that better suits your needs without ever leaving… [Read More]
Be Careful with Mortgage Forbearance
Many people have lost their jobs due to the pandemic and are wondering how they are going to pay their mortgage. Even though it sounds like a possible solution, Be Careful with Mortgage Forbearance. If you want to explore that avenue, make sure you understand what will happen to the payment(s) you owe but do… [Read More]
April Denver Area Real Estate Market Update
The April Denver Area Real Estate Update and market final figures for March shows listings up. 3.7% more homes were for sale (9,070) this March vs March of 2019. The Average Sold Price jumped again last month like the prior month – from $479,785 to $501,594. The Average Days on the Market is down to… [Read More]
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