Colorado Real Estate News June 2021

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

	Published by
	Chris Gibson & Brandon Gibson

16 June 2021

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Stories Leisure Super Local Homes & Trends Colorado Mortgages For Realtors

We know you expect us to be in the know when it comes to real estate and mortgage 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. We cannot thank you enough for all the referrals. Have a great day!
Best regards,
Chris & Brandon Gibson
720-394-8861

Competitive home buyers waive contingencies to score homes in tight market

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washingtonpost.com – Buyer’s agents are reluctant to recommend that their clients waive all contingencies, but they also acknowledge that sellers may reject offers that include them.

Counties with the lowest home prices in Colorado

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kdvr.com – The real estate market is booming right now thanks to low interest rates, a flood of millennial buyers, and shrinking inventory. The median cost of a home has increased 20%

As Colorado’s older homeowners consider moving, a hot housing market often keeps them stuck where they are

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coloradosun.com – Home equity doesn’t buy what it used to so older homeowners in Colorado are sticking in their current homes, making the market even tighter.

Colorado Weather’s ‘New Normal’ Is Hotter And Drier — And A Preview Of The Future

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cpr.org – The latest report shows that the last 30 years were not only warmer on average than the previous period from 1981 to 2010, but warmer than the entire 20th century,

Hope Is on the Horizon for Today’s Housing Shortage

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keepingcurrentmatters.com – The major challenge in today’s housing market is that there are more buyers looking to purchase than there are homes available to buy.

How to avoid getting scammed by roofing contractors during hail season

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denverpost.com – Severe Colorado weather often brings crews of roofing contractors calling homeowners and knocking on doors offering to assess — and fix — hail damage.

The Best Day Trips to Take From Denver This Summer

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5280.com – There are 27 weekend days this summer. Here’s what to do during each one of them.

Buyer burnout a big concern in metro Denver’s heated housing market

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denverpost.com – Mark Diaz and Cindy Clark placed bids on three different homes this year and have lost every time. With each loss, the couple’s frustration at trying to navigate a housing market that no longer makes…

What’s the Deal with Those “We Buy Houses for Cash” Companies? – Realty Times

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realtytimes.com – It takes 25 days on average to sell a home. That’s far better than back in 2010 when homes were averaging 140 days to sell. But it’s still not fast, a…

‘Greenway Stimulus’ Could Bring Boom in Bike and Walking Trails

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bloomberg.com – Active-transportation advocates are campaigning for $10 billion in infrastructure funding to connect cities with paths and create an interstate system for cyclists and walkers.

In Today’s Market, Listing Prices Are Like an Auction’s Reserve Price

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keepingcurrentmatters.com – For generations, the process of buying and selling a home never really changed.

The first-time homebuyer guide to affording a house – HousingWire

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housingwire.com – Purchasing a home as a first-time homebuyer isn’t easy, but it’s not impossible. With this guide, you’ll be able to afford your first home!

The wild housing market’s big winner? Homebuilders

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housingwire.com – With green lit mega-projects and enviable profits, homebuilders are quietly the big winners of a wild, confusing housing market. HW+ Premium Content

UWM goes on the offensive with price-match guarantee

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housingwire.com – UWM said that they’ll price-match any conventional loan on primary residences up to 35 basis points with that of 15 different competitors.

Housing market continues at torrid pace

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dailycamera.com – The region’s housing market continued to set records for median sales price in many cities in May, with low inventories and high demand pushing prices up.

Should you buy a home in a super-hot housing market?

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housingwire.com – Best content around Marketing Construction selected by the Residential Realty Today community.

How to Get Resilient Landscaping

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magazine.realtor – To get through the last 15 months of the pandemic, many homeowners looked to their yards and gardens as an escape where they could work, enjoy nature, and breathe in fresh air.

Colorado Real Estate Market Report May 2021

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gibsonhomeloans.com – Colorado Real Estate Market Report and Statistics – Check out the latest real estate market statistics and market reports for Colorado

Would You Ever Own a Home With Friends (or Strangers)?

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5280.com – The Co-Own Company introduces a model of shared homeownership aimed at helping first-time buyers in Denver get into the real estate game.

Where Do Experts Say the Housing Market Is Heading?

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keepingcurrentmatters.com – As we enter the middle of 2021, many are wondering if we’ll see big changes in the housing market during the second half of this year.

Here are some of the radical ideas to help alleviate Colorado’s high-country housing crisis

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coloradosun.com – Colorado’s lack of affordable homes has pushed some locals and leaders to consider radical ideas like a worker strike and emergency declaration.

Building material prices take their toll on new home sales

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housingwire.com – New home sales grappled with supply constraints, but demand has yet to be tamed as April’s sales are nearly double (48.3%) April 2020’s.

Closing cash: The appraisal gap war Colorado homebuyers are losing

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thedenverchannel.com – Bidding wars and appraisal gaps now come standard with an offer. If buyers can’t bring potentially tens of thousands of dollars in cash to closing, they often can’t compete.

We asked an appraiser to describe working in the wild housing market in Colorado

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9news.com – Bryan Vayhinger is a residential real estate appraiser and the president of one of the state’s industry organizations, the Colorado Association of Real Estate Appraisers.

Is housing market demand starting to weaken?

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housingwire.com – A recent Redfin study suggests that housing market demand may be peaking, with purchase applications and pending sales finally decreasing.

Denver Average Home Price Tops $700K for First Time Ever

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westword.com – A look inside the numbers reveals a deeper story.

If workers don’t return to downtown Denver, what will its post-pandemic future look like?

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denverpost.com – Foot traffic in the heart of the city is still down more than 40% compared to pre-pandemic levels, according to the 2021 State of Downtown Denver report released Wednesday.

Why rising home prices could turn Colorado’s mountain communities into ‘modern-era ghost towns’

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9news.com – City officials in mountain communities are worried rising home prices are pricing the workforce out of the market.

Denver homebuyers facing off against more deep-pocketed investors this year

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denverpost.com – After taking a breather during the pandemic, real estate investors are aggressively buying homes again in metro Denver, accounting for about one out of seven purchases this year, according to a study…

About 30% of Denver’s homes lack air conditioning. Here’s the city’s environmentally friendly solution.

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coloradosun.com – Denver is trying to reduce greenhouse gases by replacing gas-powered furnaces and hot water heaters with electric heating and cooling.

Stories • Leisure • Super Local • Homes & Trends • Colorado Mortgages • For Realtors

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Colorado Real Estate News June 2021

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