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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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Stories Homes & Trends Colorado Mortgages Super Local For Realtors Leisure
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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Blog Colorado Real Estate News

Colorado Real Estate News December 2021




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



Published by
Chris Gibson & Brandon Gibson

23 December 2021


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Stories
Leisure
Super Local
Colorado Mortgages
For Realtors
Homes & Trends
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. We cannot thank you enough for all the referrals. Have a great day! 
Best regards,
Chris & Brandon Gibson


With house prices skyrocketing, are $1 million homes still a “luxury” sale in Denver?


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denverpost­.com
– The number of homes in Denver that sold for at least $1 million quadrupled, jumping 310 percent during that period, the analysis found. There were 1,353 such sales in 2016, and 5,548 in the first 11 …

Season’s Greetings: All the Holiday Events in Denver


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westword­.com
– In-person events are back at the end of 2021. Here’s what’s happening in metro Denver.

Will the housing market continue its hot streak in 2022?


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housingwire­.com
– Altos Research CEO Mike Simonsen outlines the variables that will indicate unexpected housing market shifts in the next year.

Colorado homeowner equity surged by $78,000 on average the past year


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denverpost­.com
– The big jump in home values across Colorado during the pandemic is translating into unprecedented gains in homeowner equity in the state, and that added wealth could fuel additional spending in the m…

How Much Money Do You Need to Buy a House? – Realty Times


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realtytimes­.com
– The biggest question people tend to have when thinking about buying a house is how much money they’ll need. You might focus only on the down payment i…

Where to See the Best Home Light Shows in the Denver Area


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5280­.com
– Every winter, a select few Coloradans spend weeks transforming their homes into over-the-top holiday displays that put even Santa’s workshop to shame.

2022 Real Estate Market Predictions – Realty Times


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realtytimes­.com
– It’s hard to believe we’re already approaching 2022, yet here we are. The new year has a lot of people planning for what’s ahead financially. As part…

Treasury wants more oversight of all-cash real estate deals


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denverpost­.com
– The Biden administration is looking to expand reporting requirements on all-cash real estate deals to help crack down on bad actors’ use of the U.S. market to launder money made through illicit activ…

These Projects Could Lower the Value of Your Home – Realty Times


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realtytimes­.com
– When you think about a home project, you really have to consider how it will affect the value of your property if you ever want to sell it. It’s best…

Colorado spot dubbed a ‘best city to visit at Christmas’ by Condé Nast Traveler


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outtherecolorado­.com
– The editors of Condé Nast Traveler teamed up to create a list of the best spots in the United States to visit during Christmas and one place in Colorado made the cut.

Cheapest Homes for Sale in Denver Right Now


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westword­.com
– Denver homes under $250K are a thing of the past.

Supply of homes for sale dried up in November across metro Denver


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denverpost­.com
– Home listings are once again in very short supply in metro Denver, with the inventory of available properties down by a third from October, according to a monthly update from the Denver Metro Associa…

The Biggest Homebuying Trends From 2021


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finance­.yahoo­.com
– For the second year straight, the real estate market has been nothing short of unprecedented. Historically low interest rates, combined with minimal inventory and an influx in demand, has made 2021 a…

Colorado Real Estate Market Report November 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

Wrap It Up: All the Holiday Markets in Metro Denver This Season


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westword­.com
– Have you started shopping yet? The Mile High City is high on the holidays, with markets both inside and outside.

FHFA: Home prices make historic leap


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housingwire­.com
– Home prices posted their largest-ever yearly gain since the inception of the Federal Housing Finance Agency (FHFA) House Price Index.

Zip codes with the most expensive homes in Denver metro area


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stacker­.com
– Stacker compiled a list of zip codes with the most expensive homes in Denver-Aurora-Lakewood, CO metro using data from Zillow.

Grand real estate sales on pace to set record in 2021


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skyhinews­.com
– This year is on track to see record real estate sales in Grand County, driven by a high demand for mountain properties and limited availability.



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Colorado Real Estate News November 2021

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

Published by
Chris Gibson & Brandon Gibson

30 November 2021

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Stories Homes & Trends Leisure Colorado Mortgages Super Local For Realtors
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. We cannot thank you enough for all the referrals. Have a great day!
Best regards,
Chris & Brandon Gibson


Despite Home Price Surge, Cooling May Be On the Horizon – Realty Times

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thumbnail realtytimes­.com – The median home price in the United States just surpassed $400,000 for the first time at the end of October, according to the St. Louis Federal Reserv…

Season’s Greetings: All the Holiday Events in Denver

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thumbnail westword­.com – In-person events are back at the end of 2021. Here’s what’s happening in metro Denver.

Here’s the Denver Metro Real Estate Market Update You Need to Know

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thumbnail denverpost­.com – LIV Sotheby’s International Realty has just released its Q3 Micro Market Reports and Quarterly Luxury Report, which analyze the performance of the local housing market.

The 12 hottest housing markets in 2022

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thumbnail nationalmortgagenews­.com – Local mortgage and real estate professionals give insight on the metro areas projected to experience the highest appreciation over the next year, according to Zillow.

Council Post: What To Expect In The Housing Market

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thumbnail forbes­.com – As well as expected trends as demand continues to outpace supply, the coming years will also bring some unexpected changes as many current new homeowners look to sell again and settle into smaller, m…

A Fall Checklist of 10 Things You Gotta Do Before Winter Sets In

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thumbnail houselogic­.com – Here is a fall checklist to help you take care of the most important preventative maintenance tasks to make sure your home is ready for winter.

Credit Scores Reach All-Time High

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thumbnail magazine­.realtor – The increase has largely been driven by consumers who started with a credit score below 600. FICO usually considers a score between 670 to 739 to be good; anything below 580 is considered poor.

Denver is having a historic no-snow November, at least so far

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thumbnail denverite­.com – An investigation by Denverite.

Does Hardwood Flooring Increase Property Values? – Realty Times

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thumbnail realtytimes­.com – Hardwood flooring is valued for its beauty and charm as well as its overall durability. Wood floors are also hygienic and easy to clean, making them a…

Here are 14 of the best places to watch the sunset in Denver, because the end of daylight savings time is getting us down, too

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thumbnail denverite­.com – Here’s where to chase the season’s earlier sunset.

Why Now Is a Great Time To Sell Your House

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thumbnail keepingcurrentmatters­.com – As we near the end of the year, more homeowners are realizing the benefits of today’s sellers’ market.

The top 5 backyard improvements that add value to your home – and what not to do

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thumbnail homesandgardens­.com – These are the backyard improvements that add value – and those to avoid

Cities with the fastest growing home prices in Denver metro area

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thumbnail stacker­.com – Stacker compiled a list of cities with the fastest growing home prices in Denver-Aurora-Lakewood, CO metro using data from Zillow.

Colorado Real Estate Market Report October 2021 — Christopher Gibson

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thumbnail chrisraygibson­.com – Denver Realtor Reviews: Colorado Real Estate Market Statistics for October 2021 Real Estate Market Statistics for the metro Denver area, Colorado Springs Pikes Peak region, and Northern Colorado. Met…

Could Your Garage Get Your Home Sold? – Realty Times

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thumbnail realtytimes­.com – You’ve made updates to your kitchen. Made sure your bathrooms look fresh and clean. Decluttered EVERYTHING. Even dropped your price. But your house st…

Colorado’s Ten Most Affordable Places to Live in 2021

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thumbnail westword­.com – The runaway winner is in the Denver metro area.

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Colorado Real Estate News October 2021

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

Published by
Chris Gibson & Brandon Gibson

29 October 2021

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Stories Colorado Mortgages Leisure Homes & Trends Super Local For Realtors
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. We cannot thank you enough for all the referrals. Have a great day!
Best regards,
Chris and Brandon Gibson
720-394-8861


How much you can save by downsizing your home in metro Denver?

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thumbnail kdvr­.com – It’s a trend that keeps on growing during the pandemic: homeowners deciding to downsize their living space.

Mortgage rate increases push refinance share lower

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thumbnail housingwire­.com – Mortgage applications increased 0.3% from last week, per the latest report from the Mortgage Bankers Association for the week ending Oct. 22, 2021.

Fannie Mae prices first credit risk transfer deal since pandemic

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thumbnail nationalmortgagenews­.com – The reception in the market to structured single-family CRTs’ return at the government-sponsored enterprise was strong enough for it to plan to follow up this transaction with another one next month.

Housing Market Shows Cracks With Price Cuts in Pandemic Boomtowns

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thumbnail bloomberg­.com – In places like Boise, homebuyers are gaining an edge after a real estate frenzy.

‘There Is No More Room for Generic Work Environments’

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thumbnail magazine­.realtor – It may take a lot of convincing to get workers to leave their comfy home workspaces and return to a professional office.

Hot Homes: Calming market brings Denver 6 houses under $2M

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thumbnail news­.yahoo­.com – The Denver metro’s real estate market steadied in September, per Zillow’s latest Market Report, as inventory increased, monthly home appreciation shrunk and listings spent more time on the market com…

Jump in metro Denver home prices hits all-time high; rents continue to rise

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thumbnail denverpost­.com – House prices in Denver continued their hot streak in July, hitting an all-time high for year-over-year gains, the S&P CoreLogic Case-Shiller home price index reported Tuesday.

Denver home market slowing a bit

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thumbnail denvergazette­.com – Signs of stabilization appeared in the September home sales report from the Denver Metro Association of Realtors as prices started to tick back up, as did the number of homes

Single Buyers Face Hurdles as Starter Homes Dwindle

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thumbnail magazine­.realtor – The number of one-person households has doubled over the last four decades, but supply of entry-level housing is near a 50-year low.

Colorado Real Estate Market Report September 2021

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

Where rental prices stand in Denver and statewide

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thumbnail news­.yahoo­.com – Data: RENTCafé; Chart: Sara Wise/AxiosRent prices are rising rapidly across the country, and the number of people seeking rentals has returned to pre-pandemic levels or higher, writes Axios’ Jennifer…

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Colorado Real Estate News September 2021

 

 

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

Published by
Chris Gibson & Brandon Gibson

24 September 2021

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Stories Homes & Trends For Realtors Colorado Mortgages Super Local Leisure #emmy #emmys2021
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. We cannot thank you enough for all the referrals. Have a great day! 
Best regards,
Chris & Brandon Gibson
720-394-8861
 


Denver Metro’s real estate market may be changing with the seasons. But what does it mean for buyers and sellers?

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thumbnail denverpost­.com – After a year of record-breaking buying and selling activity in Colorado, it appears the red-hot market is cooling off and settling back into its typical trends.

Ten Things to Do for Free in Denver This Week

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thumbnail westword­.com – The days are getting shorter, but this week is long on free entertainment in Denver.

Where Colorado Is (and Isn’t) Growing

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thumbnail westword­.com – Nearly half of Colorado counties saw housing unit shrinkage.

Despite Sky-High Prices, Today’s Homebuyers Aren’t Paying More Than They Can Afford

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thumbnail realtor­.com – In today’s wild housing market, it may seem that the only successful homebuyers are either uber-rich or now house poor after spending everything they had on an overpriced home.

Farm-Fresh Colorado Crops: Palisade Peaches, Pueblo Green Chiles & More

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thumbnail colorado­.com – Cool nights and sunny days make Colorado crops, such as melons, peaches, corn, grapes, berries, squash and pumpkins, fresh and full of flavor. Take a tour of the state as we show off Colorado’s homeg…

Demand for Second Homes Fell 19% Year Over Year in August

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thumbnail redfin­.com – Still, interest in second homes will likely remain above pre-pandemic levels due to the permanent shift to remote work for many Americans.

Colorado Real Estate Market Report August 2021

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

Homeowner survey’s shock findings

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thumbnail mpamag­.com – Nerdwallet poll finds almost two-thirds of home buyers had regrets

Denver’s red hot housing market balancing out, but experts say it’s not a cooldown

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thumbnail thedenverchannel­.com – While the trend favors buyers, it’s also working out in favor of sellers who previously thought they couldn’t afford to move within the Denver market.

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Colorado Real Estate News August 2021


Colorado Real Estate News

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



Published by
Chris Gibson & Brandon Gibson

13 August 2021


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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. We cannot thank you enough for all the referrals. Have a great day! Best regards,
Chris & Brandon Gibson


Denver housing market increases inventory, but demand continues to push prices upward


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thecentersquare­.com
– Denver’s housing market increased its inventory by nearly 30% last month, but experts say it won’t be enough to shift the market in favor of homebuyers.
 

I-70, Wildfires And RTD: Here’s What’s In The Senate’s Trillion-Dollar Infrastructure Deal


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cpr­.org
– The state's congressional delegation has been pushing for money for roads, public transit, fighting wildfires and water projects.

Meow Wolf Denver just announced its opening date, name, theme, and ticket sales


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denverite­.com
– This September, Convergence Station will transport Denverites into new dimensions.

Colorado Real Estate Market Report July 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

How to Win in a Red-Hot Housing Market


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kiplinger­.com
– Whether you’re a buyer or a seller, these strategies will help you get the best deal.

More listings cutting home prices in latest sign the housing market is starting to shift


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bizjournals­.com
– Prices are dropping for a higher percentage of home listings in the latest sign the Covid-19-fueled housing market may have peaked.

This is not 2008 all over again for the housing market


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housingwire­.com
– When you hear people say the current housing market is like 2008, you should remind them of the huge differences between then and now.

Rise in Affordable Listings Gives First-Timers Hope


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magazine­.realtor
– As the market begins to shift in buyers’ favor, more frenzied activity could be in store later this year.

Housing boom is over as new home sales fall to pandemic low


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cnbc­.com
– After a year of frenzied buying and price gains in the double digits, newly built homes are now out of reach for much of the demand that remains in the market.

Colorado’s urban open space past haunts the future of development and community life


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coloradosun­.com
– Colorado residents and developers battle over some of the last open urban spaces as growth pressures rise.

5 Very Important Checklist Items Before Selling Your Home – Realty Times


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realtytimes­.com
– Before selling your home, you’ll want to make sure it is ready to be seen by potential buyers. Follow the next five steps to ensure that your house se…

Your Favorite Homes in July 2021


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cohomeblog­.recolorado­.com
– These are the ten most liked homes from July! These homes are spread throughout the DMA , showcasing a variety of homes in a variety of neighborhoods!

How homebuyers can compete in a strong seller’s market


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bankrate­.com
– With housing inventory still lagging, sellers continue to have the upper hand.



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Colorado Real Estate News June 2021

 

Colorado Real Estate and Mortgage June Newsletter

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

Published by
Chris Gibson & Brandon Gibson

16 June 2021

Read paper →

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

How to Get Resilient Landscaping

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

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Colorado Real Estate News May 2021


Colorado Real Estate News

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



Published by
Chris Gibson & Brandon Gibson

14 May 2021


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*|FNAME|*,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. We cannot thank you enough for all the referrals. Have a great day!
Best regards,
Chris and Bradon Gibson


Median Colorado Single Family Home Price Tops $500K for First Time


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westword­.com
– The prices are even higher in metro Denver.

Record-breaking real estate frenzy is changing the culture of Colorado’s mountain towns as locals are priced out


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coloradosun­.com
– Highest-ever home prices in Eagle, Gunnison, Pitkin, Routt, San Miguel and Summit counties are changing the culture of mountain communities.

Loretto Heights rezoning request approved, moving grand reimagining for the campus forward


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denverite­.com
– Construction on the site in southwest Denver is already underway.

What to Expect From Denver’s Summer Real Estate Market


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5280­.com
– Experts say this summer could be one of the craziest times to buy a home in recent memory.

Denver’s housing market is booming, but will it bust?


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news­.yahoo­.com
– No doubt Denver is experiencing a housing frenzy. The question is: Will the boom bust? What they’re saying: “I don’t think there’s any chance of a bubble here. … We have people with a lot of equity,”

Denver’s real estate market breaks 16 records in April 2021


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kdvr­.com
– The Denver Metro Association of Realtors market trends report shows 16 sales related records were broken last month. One of the records is the average price of homes being sold.
 

Metro Denver housing market developing a taste for luxury


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denverpost­.com
– Last year’s pandemic lockdown complicates any year-over-year comparisons when it comes to metro Denver’s housing market, but a few trends definitely remain in play, and some new ones are emerging.

The Best Rooftops Patios in Denver and Beyond


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5280­.com
– Raise a glass at one of these sun-soaked rooftop bars and restaurants this summer.

Colorado Springs home prices again skyrocket to record highs


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gazette­.com
– Colorado Springs-area home prices hit another round of record highs in April, a new Pikes Peak Association of Realtors report shows. A shortage of homes for sale and strong demand

Tips for buyers in a competitive housing market


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9news­.com
– Denver’s highly competitive housing market shows no signs of slowing down. Increasing demand for homes means more competition and higher prices.

How Realtors Are Dealing with Denver’s Crazy Housing Market


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5280­.com
– Some agents are waking up at 2:30 a.m. to schedule showings. Others are spending hours trying to catch potential listings before they go on the market.

These Denver neighborhoods are getting the biggest property tax hikes


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denverite­.com
– Let’s dive into assessment data, shall we?

Mortgages for second homes skyrocket 178%


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housingwire­.com
– A recent Redfin study found the number of buyers who locked in mortgage rates for second homes soared 178% year over year in April.

You Read Your Mail Right. Property Values Are Up In Mesa, Boulder And Across Colorado.


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cpr­.org
– Some Coloradans are getting big surprises in their mailboxes this month. County assessors are busy sending out new appraisals to homeowners, as they do every two years. The new assessments mean tax b…

Housing starts are rising, despite cost to buyers


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housingwire­.com
– 25.7% of single-family homes for sale during Q1 were new-construction homes, as March housing starts jumped nearly 20% month over month.

Denver’s changing suburbs: The future is older and more racially and ethnically diverse


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denverpost­.com
– Denver’s suburbs are changing rapidly and will continue in the next decade with a double-digit percentage growth in racial and ethnic diversity and a quick expansion in the number of older people.

Denver landlords need long-term rental licenses under new law


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denverpost­.com
– By Jan. 1, 2024, all Denver landlords will be required to hold long-term rental licenses for each of their properties under a new law approved by the City Council on Monday night.

“Insane” housing market: More metro Denver buyers willing to pay whatever it takes to get a contract


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denverpost­.com
– Metro Denver’s housing market has run hot for eight or nine years now, so nobody would blame it for taking a breather, especially a year into a pandemic. Instead, the frenzied pace has only sped up, …

Record lumber prices are adding $35,000 to the sale price of a new home, further crunching Colorado’s housing market


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coloradosun­.com
– Colorado’s housing market was already expensive before lumber costs skyrocketed 240%, adding $35,000 to a home’s sale price.

Coloradans are worried about affordable housing and want the government to do something about it, poll shows


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coloradosun­.com
– Most Colorado voters think their state has an affordable housing problem and want the government to intervene to solve it, a new poll from Magellan Strategies shows. The online survey of 508 register…

Should You Pop the Top on Your Home?


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5280­.com
– That is the question many Denverites are pondering as they balance the need for more space with the challenges of entering the city’s competitive housing market. Here, local contractor and pop-top ex…

Million-Dollar Home Sales Outpace Those in Other Price Points


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magazine­.realtor
– Million-dollar listings are a hot commodity. The number of homes sold for more than $1 million jumped by 81% in February compared to a year earlier. Meanwhile, the number of homes sold for under
 

Home prices soared in March amid record demand


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housingwire­.com
– Home prices soared in the U.S. to a median $356,000 in March 2021, up 18% year over year. And homes on average sold in just 21 days.



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Colorado Real Estate News April 2021

 

 

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

Published by
Chris Gibson & Brandon Gibson

23 April 2021

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We know you expect us to be in the know when it comes to mortgage and 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. We can not thank you enough for all the referrals. Have a great day! 
Best regards,
Chris & Brandon Gibson
 


Average Denver Home Price Hits $674K, Up $40K in a Month

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thumbnail westword­.com – Last month’s record average price is already history.

Denver homes are flying off the market 41% faster than last year

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thumbnail axios­.com – That competitiveness triggers bidding wars on already sky-high asking prices.

Housing inventory is down 40%. Buyers are paying the price

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thumbnail housingwire­.com – A 46% drop in new listings has led to a pricing surge of 21% in 2021. Don’t expect inventory to increase much anytime soon, either.

Why Denver Home Price Growth May Finally Slow in 2021

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thumbnail westword­.com – An analysis says Denver home prices are overvalued.

Denver’s construction crane count rebounded quickly from the COVID-19 recession

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thumbnail denverpost­.com – As of February, 22 tower cranes were operating at various construction sites in Denver’s core neighborhood, according to the latest Crane Index Report from construction industry consulting firm Rider…

How Realtors Are Dealing with Denver’s Crazy Housing Market

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thumbnail 5280­.com – Some agents are waking up at 2:30 a.m. to schedule showings. Others are spending hours trying to catch potential listings before they go on the market.

Homebuilders are slowing production despite wild demand

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thumbnail housingwire­.com – Winter storms and the shortage of building materials, led to a double-digit percentage drop in February new home starts for homebuilders.

The safest cities in Colorado, ranked by SafeWise

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thumbnail denverpost­.com – SafeWise, a website that analyzes safety trends, has released a report that lists which cities are the safest in Colorado. The top five cities that have been ranked the safest include Frederick, Mill…

What You Need to Know About the 2021 Farmers’ Market Season

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thumbnail 5280­.com – Your favorite local markets—plus two new ones!—are opening this month and next. We’ve got all the important details.

How much cash matters in a bidding war

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thumbnail housingwire­.com – Homebuyers who offer all-cash improve their chances of winning a bidding war by 290%, per a Redfin study of clients buying homes.

Five reasons it’s not a “horrible time to buy a house”

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thumbnail themortgagereports­.com – Many experts are saying it’s a horrible time to buy a house. But that’s not true for everyone. Here are 5 reasons it could be a great time to buy a home.

Colorado Real Estate Market Report March 2021

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

Denver Metro’s luxury home sales volume rises by 98% over year-ago levels

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thumbnail denverpost­.com – The real estate market in Denver Metro is thriving and performing at record-breaking levels.

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Colorado Real Estate News March 2021

 

 

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

Published by
Chris Gibson & Brandon Gibson

17 March 2021

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Homes & Trends Stories For Realtors Super Local Leisure Colorado Mortgages
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. I hope you find this latest version of my newsletter interesting and helpful. We can not thank you enough for all the referrals. Have a great day! 
Best regards,
Chris Gibson & Brandon Gibson


Construction supply shortage creating new challenge for homebuilders

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thumbnail koaa­.com – Supplies like lumber have been pretty scarce because of the pandemic

6 Simple Graphs Proving This Is Nothing Like Last Time

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thumbnail keepingcurrentmatters­.com – Last March, many involved in the residential housing industry feared the market would be crushed under the pressure of a once-in-a-lifetime pandemic.

Buying “Site Unseen” – Realty Times

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thumbnail realtytimes­.com – You can buy almost anything online sight unseen, but should you buy a home without stepping inside—site unseen? The motivation for buying a property w…

These Vibrant Front Door Colors Will Give Your Home a Pop

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thumbnail elledecor­.com – Sure, you should never judge a book by its cover, but we’d forgive you for judging a home by its front door color. These 25 ideas go way beyond basic brown and black.

Denver’s Best Photo Opportunities | VISIT DENVER

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thumbnail denver­.org – Denver has amazing photo ops: kayakers shooting rapids, the sun setting over the Rockies, Red Rocks Amphitheatre. Here are 10 of our favorite spots.

9 Steps to Help Decide on Solar Energy for a Home

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thumbnail magazine­.realtor – Provide value-add for your green-minded clients and walk them through what they need to consider before installing solar panels.

Modern Home Work Spaces So Inspiring, You’ll Never Want to Go to the Office Again

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thumbnail housebeautiful­.com – Discover 15 modern home offices from designers to inspire your own workspaces, no matter how much room you have to dedicate to a desk.

Where’s All the Public Artwork Honoring Colorado Women?

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thumbnail 5280­.com – Through her AZ Foundation, Carrie MaKenna is on a mission to seek out and install artwork that represents the achievements of Colorado women.

Why Colorado Didn’t Do Better in U.S. News Best States Ranking

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thumbnail westword­.com – The state tumbled seven places in four years.

This Is How Long It Takes to Buy a Home in 2021

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thumbnail time­.com – Even in a hot real estate market, the homebuying process can take months from start to finish. Here’s exactly how it unfolds—and how to speed it up.

Metro Denver housing market selling homes faster and faster

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thumbnail denverpost­.com – At the end of last month, there were only 1,120 townhomes and condos available for sale across all of metro Denver and nearby areas, according to a monthly update from the Denver Metro Association of…

Winter Hasn’t Cooled the Red-Hot Housing Market (January 2021 Market Report) – Zillow Research

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thumbnail zillow­.com – Annual growth in home values was faster in January than at any point since the years preceding the 2008 Great Recession.

Denver Rent Rising Again After Year-Long Plunge

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thumbnail westword­.com – Mile High rent costs fell for most of 2020.

Mortgage rates continue to rise to 3.05%

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thumbnail housingwire­.com – Labor market optimism, continued vaccination roll-out and additional stimulus helped push the average mortgage rate to 3.05%.

How much will a second-home cost you in Colorado’s mountain towns?

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thumbnail kdvr­.com – Despite a lack of inventory and sky-high prices, second-home sales in Colorado are soaring. According to a national survey highlighted by the Colorado Association of Realtors, second-home

Buyers Are Increasingly Shopping for Multigen Homes

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thumbnail magazine­.realtor – The number of home shoppers buying a multigenerational home since the pandemic has risen to a nine-year high of 15%, according to data from the National Association of REALTORS® dating back

UWM to block brokers working with Fairway and Quicken

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thumbnail housingwire­.com – UWM announced that it will no longer partner with brokers who work with Rocket Mortgage and Fairway Independent Mortgage Corp.

What Do You Call a $630K Home in Denver? Below Average

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thumbnail westword­.com – Another month, another mind-blowing record price.

Denver housing market remains a tough nut to crack for first-time buyers

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thumbnail denverpost­.com – First-time homebuyers don’t need another report telling them how hard it is to get a foot in the door, but metro Denver continues to rank as one of the least affordable housing markets outside either…

The Formula for Making a Winning Offer on a Home

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thumbnail housebeautiful­.com – This is what it takes to stand out in a competitive market, according to buyers’ agents.

Denver Homes are Still Selling Fast and for Top Dollar

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thumbnail 5280­.com – Single-family home prices in the Denver metro area exceeded $630,000 in February, while attached properties hit a new high.

Want To Buy A House In Denver? Do It Fast And Prepare For A Bidding War

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thumbnail cpr­.org – Homes in the Denver metro were on the market for an average of just five days last month.

The property line: Why you should stop waiting to sell your home

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thumbnail thedenverchannel­.com – It’s a self-reinforcing market failure: Would-be sellers worry that they won’t find their next house, so they stay put, exacerbating a shortage that deters other owners from putting their homes on th…

The Ballpark’s Newest Development Will Host a Few Familiar Names

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thumbnail westword­.com – A big new multi-use development next to Denver’s Coors Field will draw Colorado Rockies fans and more with new restaurants and a hotel.

5 first-time homebuyer mistakes to avoid

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thumbnail housingwire­.com – Are you a first-time homebuyer? Here are five of the most common homebuying mistakes, and what steps you can take to avoid them.

Metro Denver’s crazy housing market is likely to stay, ‘hot hot hot!’

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thumbnail thedenverchannel­.com – Supply still can’t keep up with demand in the metro Denver housing market. New numbers from the Denver Metro Association of Realtors (DMAR) show the average home sold in just five days in January.

What $500K gets you in Denver’s real estate market

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thumbnail news­.yahoo­.com – The average home close price in Denver was $550K in January, so Axios wanted to see what you can get below that price point in the area’s real estate market.Here’s a comparison of three homes that re…

Denver Home Prices Continue to Climb. How High Will They Go?

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thumbnail 5280­.com – The records don’t stop with single-family homes. The average price of attached properties also exceeded $395,000 for the first time.

New-Home Buying Rush Likely to Continue in 2021

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thumbnail magazine­.realtor – More house hunters—particularly move-up buyers—are being drawn to new-home construction in the COVID-19 pandemic, so much so that it’s driving a surge in construction across the country.

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