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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 Market Report August 2021

Colorado Real Estate Market Statistics for August 2021

Real Estate Market Statistics for the metro Denver area, Colorado Springs Pikes Peak region, and Northern Colorado. 


Metro Denver Colorado Real Estate Market Statistics as of August 2021
Denver metro is generally composed of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson Counties. Metro Denver in Colorado saw a 50% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the Denver front range which includes Denver, Aurora, Lakewood, Thornton, Arvada, Westminster, Centennial, and Highlands Ranch as the largest cities in the area saw a 6.6% decrease in new listings and a 6.5% decrease in closed home sales. The median home price in Denver metro increased by 16.5% from $455,000 to $530,000.
Colorado Real Estate Market Report South Metro Denver REALTOR Association August 2021

Southern Front Range Colorado Real Estate Market Statistics as of August 2021

Colorado Springs is generally composed of El Paso County and Teller Counties. The Pikes Peak region in Colorado saw a 25.3% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the southern front range around Colorado Springs, which includes Colorado Springs, Monument, Falcon, Fountain, Manitou Springs, and Woodland Park saw a 28.5% increase in new listings and no change in closed home sales. The median home price in Colorado Springs metro increased by 14.6% from $397,000 to $455,000
Colorado Real Estate Market Report Pikes Peak MSA August 2021

Northern Colorado Real Estate Market Statistics as of August 2021

Northern Colorado is generally composed of Boulder, Larimer, Logan, Moran, and Weld Counties. The Northern Front Range region in Colorado saw a 61.8% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the northern front range area that includes Boulder, Broomfield, Fort Collins, Greeley, Longmont, and Loveland saw an 8.2% decrease in new listings and a 12.0% decrease in closed home sales. The median home price in northern Colorado increased by 11.4% from $430,850 to $480,000.
Colorado Real Estate Market Report Northern Front Range MSA August 2021

Categories
Blog Colorado Real Estate News

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


Read paper →

 
 
Stories
 
 
 
 
For Realtors
 
 
 
 
Homes & Trends
 
 
 
 
Colorado Mortgages
 
 
 
 
Leisure
 
 
 
 
Super Local
 
 
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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Blog Colorao Market Statistics Colorao Market Statistics

Colorado Real Estate Market Report July 2021

Denver Realtor Reviews: Colorado Real Estate Market Statistics for July 2021

Real Estate Market Statistics for the metro Denver area, Colorado Springs Pikes Peak region, and Northern Colorado. 


Metro Denver Colorado Real Estate Market Statistics as of July 2021
Denver metro is generally composed of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson Counties. Metro Denver in Colorado saw a 49.8% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the Denver front range which includes Denver, Aurora, Lakewood, Thornton, Arvada, Westminster, Centennial, and Highlands Ranch as the largest cities in the area saw a 1.6% decrease in new listings and a 14.0% decrease in closed home sales. The median home price in Denver metro increased by 17.6% from $455,000 to $535,000.
Colorado Real Estate Market Report South Metro Denver REALTOR Association July 2021

Southern Front Range Colorado Real Estate Market Statistics as of July 2021

Colorado Springs is generally composed of El Paso County and Teller Counties. The Pikes Peak region in Colorado saw a 35.7% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the southern front range around Colorado Springs, which includes Colorado Springs, Monument, Falcon, Fountain, Manitou Springs, and Woodland Park saw a 21.3% increase in new listings and a 12.5% decrease in closed home sales. The median home price in Colorado Springs metro increased by 14.3% from $424,500 to $485,000
Colorado Real Estate Market Report Pikes Peak MSA July 2021

Northern Colorado Real Estate Market Statistics as of June 2021

Northern Colorado is generally composed of Boulder, Larimer, Logan, Moran, and Weld Counties. The Northern Front Range region in Colorado saw a 63.7% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the northern front range area that includes Boulder, Broomfield, Fort Collins, Greeley, Longmont, and Loveland saw a 10.8% decrease in new listings and a 12.5% decrease in closed home sales. The median home price in northern Colorado increased by 18.5% from $413,500 to $490,000.
Colorado Real Estate Market Report Northern Front Range MSA July 2021

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Blog Colorao Market Statistics Colorao Market Statistics

Colorado Real Estate Market Report June 2021

Colorado Real Estate Market Statistics for June 2021

Real Estate Market Statistics for the metro Denver area, Colorado Springs Pikes Peak region, and Northern Colorado. 


Metro Denver Colorado Real Estate Market Statistics as of June 2021
Denver metro is generally composed of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson Counties. Metro Denver in Colorado saw a 61.5% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the Denver front range which includes Denver, Aurora, Lakewood, Thornton, Arvada, Westminster, Centennial, and Highlands Ranch as the largest cities in the area saw an 11.1% increase in new listings and a 7.4% increase in closed home sales. The median home price in Denver metro increased by 22.3% from $441,500 to $540,000.
Colorado Real Estate Market Report South Metro Denver REALTOR Association June 2021

Southern Front Range Colorado Real Estate Market Statistics as of June 2021

Colorado Springs is generally composed of El Paso County and Teller Counties. The Pikes Peak region in Colorado saw a 57.7% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the southern front range around Colorado Springs, which includes Colorado Springs, Monument, Falcon, Fountain, Manitou Springs, and Woodland Park saw a 2.3% increase in new listings and a 1.4% decrease in closed home sales. The median home price in Colorado Springs metro increased by 27.6% from $388,000 to $495,000
Colorado Real Estate Market Report Pikes Peak MSA June 2021

Northern Colorado Real Estate Market Statistics as of June 2021

Northern Colorado is generally composed of Boulder, Larimer, Logan, Moran, and Weld Counties. The Northern Front Range region in Colorado saw a 71.3% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the northern front range area that includes Boulder, Broomfield, Fort Collins, Greeley, Longmont, and Loveland saw an 0.9% decrease in new listings and a 5.6% increase in closed home sales. The median home price in northern Colorado increased by 19.1% from $402,964 to $480,000.
Colorado Real Estate Market Report Northern Front Range MSA June 2021

Categories
Blog Colorado Real Estate News

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 Market Report May 2021

Denver Realtor Reviews: Colorado Real Estate Market Statistics for May 2021

Real Estate Market Statistics for the metro Denver area, Colorado Springs Pikes Peak region, and Northern Colorado. 

Metro Denver Colorado Real Estate Market Statistics as of May 2021

Denver metro is generally composed of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson Counties. Metro Denver in Colorado saw a 77% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the Denver front range which includes Denver, Aurora, Lakewood, Thornton, Arvada, Westminster, Centennial, and Highlands Ranch as the largest cities in the area saw an 8.9% decrease in new listings and a 61.8% increase in closed home sales. The median home price in Denver metro increased by 22.4% from $435,000 to $532,250.
Colorado Real Estate Market Report South Metro Denver REALTOR Association May 2021

Southern Front Range Colorado Real Estate Market Statistics as of May 2021

Colorado Springs is generally composed of El Paso County and Teller Counties. The Pikes Peak region in Colorado saw a 64.1% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the southern front range around Colorado Springs, which includes Colorado Springs, Monument, Falcon, Fountain, Manitou Springs, and Woodland Park saw an 8.4% decrease in new listings and an 11.4% increase in closed home sales. The median home price in Colorado Springs metro increased by 32.4% from $365,984 to $484,500
Colorado Real Estate Market Report Pikes Peak MSA May 2021

Northern Colorado Real Estate Market Statistics as of May 2021

Northern Colorado is generally composed of Boulder, Larimer, Logan, Moran, and Weld Counties. The Northern Front Range region in Colorado saw a 77.3% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the northern front range area that includes Boulder, Broomfield, Fort Collins, Greeley, Longmont, and Loveland saw an 18% decrease in new listings and a 58.1% increase in closed home sales. The median home price in northern Colorado increased by 19.5% from $402,293 to $480,598.
Colorado Real Estate Market Report Northern Front Range MSA May 2021

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Colorado Real Estate Market Report April 2021

Denver Realtor Reviews: Colorado Real Estate Market Statistics for April 2021

Real Estate Market Statistics for the metro Denver area, Colorado Springs Pikes Peak region, and Northern Colorado. 

Metro Denver Colorado Real Estate Market Statistics as of April 2021

Denver metro is generally composed of Adams, Arapahoe, Broomfield, Denver, Douglas, Elbert, and Jefferson Counties. Metro Denver in Colorado saw a 69.4% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the Denver front range which includes Denver, Aurora, Lakewood, Thornton, Arvada, Westminster, Centennial, and Highlands Ranch as the largest cities in the area saw a 49.6% increase in new listings and a 41.7% increase in closed home sales. The median home price in Denver metro increased by 19.8% from $436,500 to $523,000.
Colorado Real Estate Market Report South Metro Denver REALTOR Association April 2021

Southern Front Range Colorado Real Estate Market Statistics as of April 2021

Colorado Springs is generally composed of El Paso County and Teller Counties. The Pikes Peak region in Colorado saw a 67.4% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the southern front range around Colorado Springs, which includes Colorado Springs, Monument, Falcon, Fountain, Manitou Springs, and Woodland Park saw a 9.6% increase in new listings and a 4.2% increase in closed home sales. The median home price in Colorado Springs metro increased by 18.4% from $375,750 to $445,000
Colorado Real Estate Market Report Pikes Peak MSA April 2021

Northern Colorado Real Estate Market Statistics as of April 2021

Northern Colorado is generally composed of Boulder, Larimer, Logan, Moran, and Weld Counties. The Northern Front Range region in Colorado saw a 73.7% decrease in the real estate inventory, which is the number of homes available for sale. Additionally, the northern front range area that includes Boulder, Broomfield, Fort Collins, Greeley, Longmont, and Loveland saw a 37.0% increase in new listings and a 38.7% increase in closed home sales. The median home price in northern Colorado increased by 14.1% from $403,125 to $460,000.
Colorado Real Estate Market Report Northern Front Range MSA April 2021

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Blog Colorado Real Estate News

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


Read paper →

 
 
Stories
 
 
 
 
Leisure
 
 
 
 
Super Local
 
 
 
 
For Realtors
 
 
 
 
Homes & Trends
 
 
 
 
Colorado Mortgages
 
 
*|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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Stories Homes & Trends For Realtors Super Local Colorado Mortgages Leisure
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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