Colorado Real Estate News January 2022

Colorado Real Estate News
Colorado Home Loan Originators Brandon Gibson & Christopher Gibson – www.GibsonHomeLoans.com

Published by
Chris Gibson & Brandon Gibson

24 January 2022

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We know you expect us to be in the know when it comes to real estate news in and around Denver and Colorado, and now you can be too. We hope you find this latest version of our newsletter interesting and helpful. I cannot thank you enough for all the referrals. Have a great day!
Best regards,
Chris & Brandon Gibson


Mortgage Rates in U.S. Soar to the Highest Since March 2020

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thumbnail bloomberg­.com – Mortgage rates in the U.S. rose for a third straight week, reaching the highest point in almost two years.

It’s not just Denver, housing prices are also skyrocketing in Colorado Springs, and it may be a while before they slow down

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thumbnail cpr­.org – They're still setting new records, and one expert says it might be a decade before housing prices cool off along the Front Range.

Buyers Want To Know: Why Is Housing Supply Still So Low?

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thumbnail keepingcurrentmatters­.com – One key question that’s top of mind for homebuyers this year is: why is it so hard to find a house to buy?

Supply and labor shortages double the time it’ll take to rebuild homes lost in the Marshall fire

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thumbnail coloradosun­.com – Rebuilding homes lost to the Marshall fire will be a long haul effort as labor and supply shortages get in the way.

Rising Rates Pressure Buyers

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thumbnail magazine­.realtor – House hunters are watching mortgage rates closely. After all, every increase could have an impact on affordability, particularly given escalating home prices.

What’s Going To Happen with Home Prices This Year?

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thumbnail keepingcurrentmatters­.com – After almost two years of double-digit increases, many experts thought home price appreciation would decelerate or happen at a slower pace in the last quarter of 2021.

Can you use your ADU as a short-term rental? Yes, and that’s sort of the point.

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thumbnail denverite­.com – But only about 16% of ADUs are being used as short-term rentals.

Cities with the fastest-growing home prices in Denver metro area

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thumbnail kdvr­.com – Supply and demand drive the real estate market, affecting everything from building and lot values to availability for buyers and sellers.

A Sneak Peek at MAD Architects’ Adventurous One River North Project

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thumbnail 5280­.com – Biophilic design inspired by Colorado’s great outdoors is at the heart of this RiNo building that is certain to become a new Mile High City landmark. Biophilic design inspired by Colorado’s great out…

Why Inflation Shouldn’t Stop You from Buying a Home in 2022

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thumbnail keepingcurrentmatters­.com – If you’re following along with the news today, you’re probably hearing a lot about record-breaking home prices, rising consumer costs, supply chain constraints, and more.

What the Pandemic’s ‘Open Streets’ Really Revealed

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thumbnail bloomberg­.com – Covid-inspired traffic restrictions and street changes have swept scores of U.S. cities since the start of the pandemic. But not all communities have welcomed them.

Lumber Prices Add More Than $18,600 to Price of New Home

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thumbnail magazine­.realtor – Lumber prices are soaring once again: Following a dip last spring and summer, they have nearly tripled over the past four months.

Homeownership Still More Affordable Than Renting

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thumbnail magazine­.realtor – Home prices may be growing faster than rents in most places across the country, but homeownership still beats renting financially, shows a new study from ATTOM Data Solutions, a real estate data firm.

Colorado’s taxable home values could skyrocket in 2023

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thumbnail coloradosun­.com – A state economic forecast predicts a statewide increase of up to 20%, but what that means for homeowners is complicated

Getting insurance in Colorado expected to cost more after costly wildfire damage

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thumbnail koaa­.com – As costly damage estimates continue to add up for those impacted by the Marshall Fire insurance experts say we should be paying attention because these costs will impact consumers across the state. E…

The Marshall fire burned whole subdivisions and shopping centers. Are the ashes an air quality threat?

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thumbnail cpr­.org – Residents have noticed strange smells in the burn area. Scientists are rushing to find out if they’re dangerous.

December 2021 Metro Denver Market Stats – 30 Day Snapshot

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thumbnail gibsonhomeloans­.com – December 2021 Metro Denver Market Stats 30 Day Snapshot – Check out the latest real estate market statistics and market reports for metro Denver.

Denver housing market: New year, more inventory?

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thumbnail denvergazette­.com – Metro Denver homebuyers who thought it was tough to find for-sale homes in December will be sorely disappointed if they thought a new year would bring more inventory.

Metro Denver housing market ended 2021 with almost nothing to give buyers

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thumbnail denverpost­.com – As the clock ticked away on low mortgage rates, desperate homebuyers in metro Denver just couldn’t find enough properties to purchase as 2021 came to a close — and the extreme seller’s market could …

New Year’s Resolutions for Home – Realty Times

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thumbnail realtytimes­.com – Making a New Year’s resolution is nothing new. Most of us have done it at one time or another. Making good on that resolution is another thing. “The s…

Homeowners Experience Sticker Shock on Insurance Premiums

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thumbnail magazine­.realtor – Homeowners who are renewing their home insurance policies are finding their rates are drastically climbing. Insurance companies point to rising material costs and climate change

Zillow predicts metro Denver could see another year of home price gains above 15%

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thumbnail denverpost­.com – Colorado housing markets defied the odds in 2021, with price increases breaking all kinds of records. As to what happens in 2022, forecasts are all over the place, from the good times rolling into an…

Denver metro realtors predict strong housing market to continue in 2022

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thumbnail denverpost­.com – Real estate experts predict Metro Denver’s real estate will stay hot in 2022, with record demand for homes pushing double-digit appreciation.

Sales Up as Buyers Rush to Lock in Mortgage Rates

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thumbnail magazine­.realtor – Home buyers may have felt more determined in November to purchase before 2021 comes to an end and mortgage rates and borrowing costs increase, as largely is forecasted to happen.

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