News from Brian O'Reilly, Realtor in Colorado

Denver ranked among the top food cities in the country

Oct 21, 2021 Market Trend

Thu, 21 October 2021 | Agent Websites

Denver ranked among the top food cities in the country

Denver is one of the top cities in the country for food lovers, according to a report from WalletHub. Denver ranked 18th overall when considering several categories. While Denver wasn’t ranked first...

Think twice before dealing with companies that want to buy equity in your home

Oct 20, 2021 Real Estate

Wed, 20 October 2021 | Agent Websites

Think twice before dealing with companies that want to buy equity in your home

Home equity investment companies lend you money, based on your home’s equity, for a fixed period of time. For this, you give them a percentage of your home’s future appreciation. This is risky bec...

Better Holdco enabling homebuyers in 12 states to make cash offers

Oct 19, 2021 Real Estate

Tue, 19 October 2021 | Agent Websites

Better Holdco enabling homebuyers in 12 states to make cash offers

Demonstrating once again that it’s about more than just mortgages, Better Holdco Inc. has rolled out a cash offer program to its real estate brokerage clients that it’s already scaled up to 45 mar...

Tips for finding listings in a highly competitive market

Oct 18, 2021 Market Trend

Mon, 18 October 2021 | Agent Websites

Tips for finding listings in a highly competitive market

Becky Eakle believes that 60 percent of a real estate agent’s work should be with sellers. And if an agent has been in the business for more than two years, that percentage should tick up to 70. The...

Oct 15, 2021 Market Trend

Fri, 15 October 2021 | Agent Websites

US home prices soar to 45-year high

U.S. home prices soared 18.1 percent in August, notching the highest annualized rate of acceleration since CoreLogic began recording the data in 1977. U.S. home prices increased by 1.3 percent betw...

Essential workers dismiss space and age of home to afford rent: Zillow

Oct 14, 2021 Market Trend

Thu, 14 October 2021 | Agent Websites

Essential workers dismiss space and age of home to afford rent: Zillow

In September, a CoreLogic report showed that single-family rents hit a new record in July 2021, and renters are making sacrifices to afford those skyrocketing rents. Millions of essential workers i...

Is staging your home for sale worth the effort?

Oct 13, 2021 Real Estate

Wed, 13 October 2021 | Agent Websites

Is staging your home for sale worth the effort?

Is staging your home for the market really worth the time and effort? When potential buyers come to view your home, you want them to see themselves living there. They need to feel at home, so many per...

Buyers wonder if sellers are getting greedy, as asking prices soar to new records

Oct 12, 2021 Real Estate

Tue, 12 October 2021 | Agent Websites

Buyers wonder if sellers are getting greedy, as asking prices soar to new records

The median asking price of newly listed homes for sale surged 12 percent year over year to a new record high of $361,250 during the four-week period ending September 26, according to tech-powered brok...

U.S. Home price growth experiences biggest gain in a generation

Oct 11, 2021 Real Estate

Mon, 11 October 2021 | Agent Websites

U.S. Home price growth experiences biggest gain in a generation

U.S. home price growth soared 19.7 percent in July, extending an unprecedented 14-month streak of increases and setting a new record for annual price growth, according to the S&P/Case-Shiller U.S. Nat...

Median home price in metro Denver escalates dramatically

Oct 8, 2021 Real Estate

Fri, 08 October 2021 | Agent Websites

Median home price in metro Denver escalates dramatically

The median home price in the metro Denver area saw an increase year-over-year of anywhere from 15.2% in Wheat Ridge to 41% in Lone Tree, with everything in between. The metro area has been at less tha...

Short-Term rental demand will likely be high for fall, winter

Oct 7, 2021 Market Trend

Thu, 07 October 2021 | Agent Websites

Short-Term rental demand will likely be high for fall, winter

Short-term rental demand fell below 2019 levels for the first time since April 2021 in August, dropping by 0.9 percent, according to a report from short-term rental analytics company AirDNA. As fam...

For 2nd consecutive month, new home sales see modest gains

Oct 6, 2021 Real Estate

Wed, 06 October 2021 | Agent Websites

For 2nd consecutive month, new home sales see modest gains

Sales of newly built single‐family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5 percent from the revised July rate of 729,000, according to data released on Friday b...

Home costs stay in acceptable range thanks to low mortgage rates

Oct 5, 2021 Market Trend

Tue, 05 October 2021 | Agent Websites

Home costs stay in acceptable range thanks to low mortgage rates

Low mortgage rates and rising incomes have kept monthly housing costs largely within affordable levels, but those costs have been creeping closer to the limits of what lenders recommend. The main c...

Oct 4, 2021 Market Trend

Mon, 04 October 2021 | Agent Websites

Five free and easy ways to save energy

Every step you take to save energy helps you save money and reduce your home’s impact on the environment. If every American simply replaced one light bulb with a more energy-efficient variety, we wo...

Fall housing forecast: moderating prices, tighter inventory, less competition

Oct 1, 2021 Real Estate

Fri, 01 October 2021 | Agent Websites

Fall housing forecast: moderating prices, tighter inventory, less competition

It looks like real estate agents will have time to pause and take in a breath of crisp, fall air as they transition from the summer to the fall real estate market, according to insights from industry ...

As inventory situation improves, demand for mortgages surges

Sep 30, 2021 Market Trend

Thu, 30 September 2021 | Agent Websites

As inventory situation improves, demand for mortgages surges

Demand for purchase loans rebounded last week to the highest level seen since April, as demand for housing remains strong and more listings become available in some markets. The Mortgage Bankers As...

Struggling homeowners may evade foreclosure due to surging prices

Sep 29, 2021 Real Estate

Wed, 29 September 2021 | Agent Websites

Struggling homeowners may evade foreclosure due to surging prices

According to a survey of real estate experts and economists, only 1 in 20 homes that hit the market next year will be foreclosed properties According to a recent survey sponsored by Zillow, as evic...

Multifamily housing starts deliver august surprise as single-family starts decline

Sep 28, 2021 Market Trend

Tue, 28 September 2021 | Agent Websites

Multifamily housing starts deliver august surprise as single-family starts decline

Multifamily housing starts beat expectations in August, rising 3.9 percent from the revised July estimate to a seasonally adjusted annual rate of 1,615,000, likely buoyed by softening lumber prices, a...

Rent prices increase dramatically once again: CoreLogic

Sep 27, 2021 Market Trend

Mon, 27 September 2021 | Agent Websites

Rent prices increase dramatically once again: CoreLogic

While June’s rental prices were the highest since 2005, July’s numbers set new records yet again. According to the latest Single-Family Rent Index report from CoreLogic released on Tuesday, rent f...

Home sales expected to stay strong this fall: MoxiWorks

Sep 24, 2021 Real Estate

Fri, 24 September 2021 | Agent Websites

Home sales expected to stay strong this fall: MoxiWorks

Despite the ongoing coronavirus pandemic and the looming autumn season, a new report from real estate tech firm MoxiWorks suggests home sales will remain strong during the next month and a half. Th...

Fewer homes sell in August than last year, a first since pandemic boom

Sep 23, 2021 Real Estate

Thu, 23 September 2021 | Agent Websites

Fewer homes sell in August than last year, a first since pandemic boom

For the first time since the pandemic-fueled housing boom began, fewer homes sold in the month of August than in the same period the previous year. Home sales dropped 1.4 percent from July to Augus...

Mortgage Rates remain stable as virus continues

Sep 22, 2021 Market Trend

Wed, 22 September 2021 | Agent Websites

Mortgage Rates remain stable as virus continues

Rates for 30-year loans that have remained almost eerily stable for weeks posted yet another period of minimal change, according to results from Freddie Mac’s latest lender survey. Uncertainty ov...

Profit margins on fixer-uppers decrease as flip sales increase

Sep 21, 2021 Real Estate

Tue, 21 September 2021 | Agent Websites

Profit margins on fixer-uppers decrease as flip sales increase

It’s not the most lucrative time to flip houses, but that’s not stopping investors from getting back in the game. Profit margins on home flips in the second quarter of the year hit their lowes...

Foreclosure rate hits 22 year low, with every state tallying declines

Sep 20, 2021 Real Estate

Mon, 20 September 2021 | Agent Websites

Foreclosure rate hits 22 year low, with every state tallying declines

After a year of downward action, foreclosure rates have hit a historic 22.5-year low: 0.2 percent. Total delinquency rates fell to 4.4 percent in June, down 2.7 percentage points from last year, ac...

U.S. appears to be headed for 2nd wave of homeowner reshuffling

Sep 17, 2021 Real Estate

Fri, 17 September 2021 | Agent Websites

U.S. appears to be headed for 2nd wave of homeowner reshuffling

Nearly half of American employees want to work from home exclusively, a trend that could have broad implications for the nation’s housing market depending on how many employers follow suit. A new...

Home construction material costs decrease for first time in 2021

Sep 16, 2021 Market Trend

Thu, 16 September 2021 | Agent Websites

Home construction material costs decrease for first time in 2021

Prices for a broad range of construction materials dropped in August for the first time this year, signaling at least a momentary reprieve from the conditions that had been driving them to astounding ...

Here are the most family-friendly suburbs in America

Sep 15, 2021 Market Trend

Wed, 15 September 2021 | Agent Websites

Here are the most family-friendly suburbs in America

Even with cities beginning to reopen after nearly two years of uncomfortable pandemic conditions, demand for suburban homes continues to thrive, luring urban dwellers with a desire for more space even...

Are you ready to buy a home? This is the best time to do it

Sep 14, 2021 Market Trend

Tue, 14 September 2021 | Agent Websites

Are you ready to buy a home? This is the best time to do it

The past year has been a double-edged sword for homebuyers as they’ve struggled to take advantage of record-low mortgage rates in the midst of record-high home price growth. However, there’s a sil...

Does a finished garage add value to your home?

Sep 13, 2021 Real Estate

Mon, 13 September 2021 | Agent Websites

Does a finished garage add value to your home?

When it comes to home renovation, it’s hard to decide which project to prioritize and what will most impact the value of your home. A recent study reports that 86 percent of home buyers want garage ...

Mortgage demand decreases to july levels

Sep 10, 2021 Real Estate

Fri, 10 September 2021 | Agent Websites

Mortgage demand decreases to july levels

In what could be a preview of what’s in store if mortgage rates continue to rise, demand for purchase loans remains subdued compared to a year ago, as rates on 30-year fixed-rate loans continue to h...

Home price growth increases to all-time high in july

Sep 9, 2021 Real Estate

Thu, 09 September 2021 | Agent Websites

Home price growth increases to all-time high in july

Home price growth in July soared a record-shattering 18 percent year over year, marking a decades-long high watermark and signaling that a cool-down period remains distant, according to data released ...

Housing inventory slows in august as seasonality trend continues

Sep 8, 2021 Market Trend

Wed, 08 September 2021 | Agent Websites

Housing inventory slows in august as seasonality trend continues

Metro Denver’s residential market report for August 2021 showed a slowdown in inventory while still being a good time for burnt-out buyers to re-enter the market as the seasonality trend continues f...

Pending home sales decrease for second consecutive month

Sep 7, 2021 Real Estate

Tue, 07 September 2021 | Agent Websites

Pending home sales decrease for second consecutive month

Pending home sales saw a slight slump in July, dropping 1.8 percent to a Pending Home Sales Index (PHSI) of 110.7, according to the National Association of Realtors’ (NAR) Pending Homes Sales Report...

Buyers on the move showing increased interest in Florida

Sep 3, 2021 Real Estate

Fri, 03 September 2021 | Agent Websites

Buyers on the move showing increased interest in Florida

Homebuyer interest in relocating to a new city continued to drop in July after peaking in the first quarter of the year, but three Florida cities bucked the trend. The Seattle-based brokerage said ...

How important is curb appeal when selling your Home?

Sep 2, 2021 Market Trend

Thu, 02 September 2021 | Agent Websites

How important is curb appeal when selling your Home?

A homebuyer’s first impression of your home is just as important as a tour of the interior. The aesthetic look of a home’s exterior and grounds can tell someone what to expect inside the house, so...

Sep 1, 2021 Real Estate

Wed, 01 September 2021 | Agent Websites

Home price growth soars to record high

U.S. home price growth rose 18.6 percent in June, continuing a 13-month streak of appreciations, according to the monthly S&P/Case-Shiller U.S. National Home Price Index released Tuesday. Prices so...

Pros and Cons of Buying an Historic Home

Aug 31, 2021 Real Estate

Tue, 31 August 2021 | Agent Websites

Pros and Cons of Buying an Historic Home

From its quirky features to its charm, there’s plenty to love about an historic home. For those thinking of purchasing one, there is also plenty to consider. As anyone who’s watched HGTV can tell ...

Existing-Home sales increase for second consecutive month in July

Aug 30, 2021 Real Estate

Mon, 30 August 2021 | Agent Websites

Existing-Home sales increase for second consecutive month in July

Existing-home sales rose 2 percent on a seasonally adjusted annual basis from the previous month in July 2021, marking the second consecutive month in which sales increased, according to the National ...

Improvement in forbearance numbers slows as protections are lifted

Aug 27, 2021 Real Estate

Fri, 27 August 2021 | Agent Websites

Improvement in forbearance numbers slows as protections are lifted

The pace at which homeowners are leaving pandemic forbearance relief programs behind has slowed — just as foreclosure protections are lifting. Among loans that are backed by private lenders rather t...

Why aren't homebuyers taking advantage of the decline in mortgage rates?

Aug 26, 2021 Real Estate

Thu, 26 August 2021 | Agent Websites

Why aren't homebuyers taking advantage of the decline in mortgage rates?

Low mortgage rates are helping rekindle homeowners’ motivation to refinance their loans, but a builder backlog, ongoing listings shortages and rising home prices are likely to prevent a similar stam...

Rents increase to unexpected levels, even compared to pre-pandemic expectations

Aug 25, 2021 Market Trend

Wed, 25 August 2021 | Agent Websites

Rents increase to unexpected levels, even compared to pre-pandemic expectations

The nation’s rent prices had already surpassed pre-pandemic expectations, but now they’re leaving them in the dust. The typical rent in the U.S. rose to $1,843 in July, a level $52 higher than ...

What trends will shape the kitchen of the future?

Aug 24, 2021 Market Trend

Tue, 24 August 2021 | Agent Websites

What trends will shape the kitchen of the future?

The kitchen is the heart of the home. It’s the place that brings everyone together at both the start and the end of the day. This certainly rings true in U.S. households where people at home spend u...

Summer housing slowdown calms bidding wars

Aug 23, 2021 Real Estate

Mon, 23 August 2021 | Agent Websites

Summer housing slowdown calms bidding wars

Bidding wars have been cooling off quickly, at least according to agents at one brokerage with a national reach. Seattle-based Redfin reported Monday that only 60 percent of the offers its agents w...

Steps for getting started in real estate investing

Aug 20, 2021 Real Estate

Fri, 20 August 2021 | Agent Websites

Steps for getting started in real estate investing

Real estate can be among the most profitable investments someone can make. However, real estate investing comes with a slew of potential obstacles and surprises. How you get started is critical to you...

U.S. becoming more diverse and moving west

Aug 19, 2021 Market Trend

Thu, 19 August 2021 | Agent Websites

U.S. becoming more diverse and moving west

Thanks to a surging economy focused on things like aviation manufacturing, as well as vast swaths of cheap land, the Golden State drew thousands of young veterans and their families who were eager to ...

Mortgage rates increase for first time in weeks after strong jobs report

Aug 18, 2021 Real Estate

Wed, 18 August 2021 | Agent Websites

Mortgage rates increase for first time in weeks after strong jobs report

Mortgage rates rose for the first time in weeks, with 30-year loans returning to roughly the levels they had held in mid-July, according to Freddie Mac’s weekly lender survey “Following last Fr...

Fun-Filled late August and September events for all ages

Aug 17, 2021 Market Trend

Tue, 17 August 2021 | Agent Websites

Fun-Filled late August and September events for all ages

There is no shortage of fun-filled events and festivities for people of all ages in Colorado, whether you’re an outdoor or indoor enthusiast. Here’s a glimpse of some special events scheduled for ...

Metro Denver housing market cools off in july

Aug 16, 2021 Market Trend

Mon, 16 August 2021 | Agent Websites

Metro Denver housing market cools off in july

The metro Denver residential housing market cooled off a bit in July while listings rose sharply and monthly price gains went flat. Closings were down from June and the inventory of available homes re...

Aug 16, 2021 Market Trend

Mon, 16 August 2021 | Public News

RE/MAX National Housing Report July 2021

Inventory Grows from June While Home Prices, Sales Take Seasonal Dip DENVER — July inventory uncharacteristically climbed 4.0% from June, marking the first two consecutive months of month-over-mo...

Signs point to home prices leveling off for first time in months

Aug 13, 2021 Real Estate

Fri, 13 August 2021 | Agent Websites

Signs point to home prices leveling off for first time in months

According to several key indicators: the market appears to be plateauing, after five consecutive months of record home prices More signs are surfacing that the home market is on track for a late-su...

Home sellers experiencing doubt as buyer sentiment hits new low

Aug 12, 2021 Real Estate

Thu, 12 August 2021 | Agent Websites

Home sellers experiencing doubt as buyer sentiment hits new low

According to a new Fannie Mae survey, Most Americans don't think prices will be higher in 12 months, but that mortgage rates will rise. The net share of Americans who think it’s a good time t...

Annual apartment rent, occupancy reach new highs in july

Aug 11, 2021 Real Estate

Wed, 11 August 2021 | Agent Websites

Annual apartment rent, occupancy reach new highs in july

The apartment industry is bouncing back after a tough year-and-a-half, and new records set in July for annual apartment rent growth and occupancy levels have solidified the trend, according to a repor...

Home prices Increase 17% in june, reaching highest level since 1979

Aug 10, 2021 Real Estate

Tue, 10 August 2021 | Agent Websites

Home prices Increase 17% in june, reaching highest level since 1979

Even after a year of extremely high home price growth, June’s numbers broke all possible records. According to the latest numbers from property analytics provider CoreLogic, home prices rose 17.2 pe...

Five reasons patio homes have skyrocketed in popularity

Aug 9, 2021 Market Trend

Mon, 09 August 2021 | Agent Websites

Five reasons patio homes have skyrocketed in popularity

There are many people who want the benefits of apartment or condo living but also need the space and flexibility provided by single-family homes. For people in this category, patio homes might be the ...

Seven easy ways to make your camping trip more comfortable

Aug 6, 2021 Market Trend

Fri, 06 August 2021 | Agent Websites

Seven easy ways to make your camping trip more comfortable

Coloradans are blessed with one of the most magnificent backyards on the planet…the majestic Rocky Mountains. Camping in the high country is a favorite activity for local citizens and visitors alike...

Log home and cabin popularity booming across the country

Aug 5, 2021 Real Estate

Thu, 05 August 2021 | Agent Websites

Log home and cabin popularity booming across the country

Did you know that there are nearly 50,000 log homes built annually in the United States? Log homes account for around 10 percent of the custom homebuilding market in the country. In fact, there are mo...

Five steps to staying fit at your desk job

Aug 4, 2021 Market Trend

Wed, 04 August 2021 | Agent Websites

Five steps to staying fit at your desk job

If you spend your workweek sitting in an office, you may find yourself frequently surrounded by sugary snacks, donuts and other things that make it difficult to stay in shape. Those who work at a desk...

Aug 3, 2021 Real Estate

Tue, 03 August 2021 | Agent Websites

How to choose the best color for a room

More than furniture, lighting or anything else, paint can make or break the design of a room in your home. Unlike buying a new rug or moving around chairs, it’s also time-consuming, so you want to g...

CoreLogic: delinquency rates fall to lowest level in a year

Aug 2, 2021 Market Trend

Mon, 02 August 2021 | Agent Websites

CoreLogic: delinquency rates fall to lowest level in a year

With the biggest hit taking place in the early months of the pandemic, the mortgage outlook continues to improve. Overall delinquency rates dropped annually for the first time since March 2020. Acc...

Buyers may see more affordable homes over the next 6 months

Jul 30, 2021 Real Estate

Fri, 30 July 2021 | Agent Websites

Buyers may see more affordable homes over the next 6 months

A recent survey found that prospective sellers plan to list homes valued at less than $300K Homebuyers exhausted by record low inventory and bidding wars may see some relief in the near future, acc...

Demand for mortgages rises as home prices increase

Jul 29, 2021 Market Trend

Thu, 29 July 2021 | Agent Websites

Demand for mortgages rises as home prices increase

Demand for purchase loans rose last month to levels approaching records set in March, but rising home prices mean homebuyers are increasingly likely to need to apply for jumbo loans that have traditio...

10 Housing markets developers are betting big on

Jul 28, 2021 Market Trend

Wed, 28 July 2021 | Agent Websites

10 Housing markets developers are betting big on

Housing markets across the U.S. are booming with high demand and low inventory, and it’s sent land prices into a frenzy. Land is a hot commodity right now, as the lack of homes for sale continues...

Major obstacles preventing builders from abandoning lumber

Jul 27, 2021 Market Trend

Tue, 27 July 2021 | Agent Websites

Major obstacles preventing builders from abandoning lumber

Despite lumber prices coming down in recent weeks off their extreme peak, the material’s cost continues to be a real headache for homebuilders. So why haven’t more builders simply ditched the t...

Cities in the south and west experience housing shortage, while New York City maintains a surplus

Jul 26, 2021 Real Estate

Mon, 26 July 2021 | Agent Websites

Cities in the south and west experience housing shortage, while New York City maintains a surplus

An ongoing competitive market has completely reshuffled the U.S. cities experiencing housing shortages, with historically affordable Phoenix now seeing the biggest shortage in the U.S. even as infamou...

New data suggests: the fall could bring better prices and more inventory

Jul 23, 2021 Real Estate

Fri, 23 July 2021 | Agent Websites

New data suggests: the fall could bring better prices and more inventory

Buyers may catch a break from the red-hot housing market soon, according to Realtor.com’s Weekly Housing Trends report released Thursday. New listings fell 3 percent for the week ending July 3. B...

Foreclosures looming: 10 U.S. cities most at-risk

Jul 22, 2021 Market Trend

Thu, 22 July 2021 | Agent Websites

Foreclosures looming: 10 U.S. cities most at-risk

While home values are rising fast and those who can hold onto their house are in a very favorable position, mortgage payment pile-up has been a major problem throughout the pandemic. A new report f...

Price cuts often lead to greater profit: zillow

Jul 21, 2021 Market Trend

Wed, 21 July 2021 | Agent Websites

Price cuts often lead to greater profit: zillow

Fewer homes are cutting their prices in this year’s seller-dominated market, but those that do make price cuts are making them quick and deep, sometimes making a greater profit than they might other...

Best parks and playgrounds in southern metro denver

Jul 20, 2021 Market Trend

Tue, 20 July 2021 | Agent Websites

Best parks and playgrounds in southern metro denver

You’ll enjoy a great day with family or friends without fighting the mountain traffic, have a great picnic lunch, cool off in the shade or a splash pad, play games, stay fit and trim, simply relax, ...

Young adults using pandemic savings for down payments

Jul 19, 2021 Market Trend

Mon, 19 July 2021 | Agent Websites

Young adults using pandemic savings for down payments

The hot real estate market has seen soaring homebuyer demand and a Zillow survey points to a possible contributor: Young adults are taking the money they saved during the coronavirus pandemic and putt...

Suburban condo sales increase as buyers look for elusive deals

Jul 16, 2021 Real Estate

Fri, 16 July 2021 | Agent Websites

Suburban condo sales increase as buyers look for elusive deals

The idea that the city is for condos and the suburbs are for homes with a big yard has been drilled into our collective understanding of real estate, but as sales of suburban condos soar, that idea is...

Thinking about downsizing? Here’s some tips that will help make the process go more smoothly

Jul 15, 2021 Real Estate

Thu, 15 July 2021 | Agent Websites

Thinking about downsizing? Here’s some tips that will help make the process go more smoothly

Senior citizens sometime feel the need to downsize to a condominium, townhome, or patio home. The kids are gone from home, the big house is getting harder to maintain, and from a financial perspective...

Why taking cash out against a home in today's market could be risky

Jul 14, 2021 Market Trend

Wed, 14 July 2021 | Agent Websites

Why taking cash out against a home in today's market could be risky

Home equity has been a hot topic of conversation over the past year thanks to soaring home prices. According to CoreLogic, in May, national home prices saw a 15.4 percent year over year increase, t...

CoreLogic: home prices increased 15.4% in may

Jul 13, 2021 Real Estate

Tue, 13 July 2021 | Agent Websites

CoreLogic: home prices increased 15.4% in may

In just one year, home prices across the country rose by 15.4 percent in May — the fourth straight month of double-digit growth and an extraordinarily high number unseen since November 2005. Home...

Discover amazing adventures throughout colorado’s beautiful eastern plains

Jul 12, 2021 Market Trend

Mon, 12 July 2021 | Agent Websites

Discover amazing adventures throughout colorado’s beautiful eastern plains

When most people thank about outdoor adventures or excursions in Colorado, they are almost always referring to the state’s majestic high country. After all, we are blessed with one of the most beaut...

Number of affordable places to live drops to lowest point in two years

Jul 9, 2021 Real Estate

Fri, 09 July 2021 | Agent Websites

Number of affordable places to live drops to lowest point in two years

More than 3 in 5 counties studied in a recent home affordability report were deemed less affordable than their historical averages, representing a steep uptick in the second quarter of the year. Th...

Take necessary precautions to help prevent wildfires

Jul 8, 2021 Real Estate

Thu, 08 July 2021 | Agent Websites

Take necessary precautions to help prevent wildfires

Colorado’s annual wildfire season is underway, and multiple fires are burning hundreds of acres in the state’s high country and elsewhere. Wildfires currently active in Colorado at this writing in...

Rising home prices may be lowering demand for purchase mortgages

Jul 7, 2021 Market Trend

Wed, 07 July 2021 | Agent Websites

Rising home prices may be lowering demand for purchase mortgages

Demand for purchase mortgages fell last week to the lowest level since May 2020, which could be a sign that first-time homebuyers are getting squeezed out of the market due to the lack of affordable h...

Landlords veer back to Pre-Pandemic prices after year of lower rent

Jul 6, 2021 Real Estate

Tue, 06 July 2021 | Agent Websites

Landlords veer back to Pre-Pandemic prices after year of lower rent

Rents nationwide have now rebounded fully from pandemic-driven declines, although recoveries in the Bay Area and New York City are still in progress. Apartment List’s national rent index rose 2.3...

Reasons americans shouldn't give up on owning a home

Jul 2, 2021 Market Trend

Fri, 02 July 2021 | Agent Websites

Reasons americans shouldn't give up on owning a home

Owning a home a significant part of the American dream Using data from the 2015 Survey of Income and Program Participation, two U.S. Census Bureau researchers found that homeownership is the top co...

After April slump, pending-home sales rise 8% in May

Jul 1, 2021 Real Estate

Thu, 01 July 2021 | Agent Websites

After April slump, pending-home sales rise 8% in May

Pending-home sales climbed 8 percent in May after.declining in April, according to new data released Wednesday by the National Association of Realtors. Contract signings also rose 13.1 percent year...

Purchase loan demand increases again, despite increase in mortgage rates

Jun 30, 2021 Real Estate

Wed, 30 June 2021 | Agent Websites

Purchase loan demand increases again, despite increase in mortgage rates

Demand for purchase loans was up for the third week in a row last week, even as mortgage rates surged to the highest level in a month, according to a weekly survey by the Mortgage Bankers Association....

Baby boomers, millennials optimistic about current housing market

Jun 29, 2021 Market Trend

Tue, 29 June 2021 | Agent Websites

Baby boomers, millennials optimistic about current housing market

According to a new survey, a majority of Americans are optimistic about selling a home in today's market, but only a minority of consumers think the market will remain strong for more than a year....

NAR: US existing-home prices hit another record high in May

Jun 28, 2021 Real Estate

Mon, 28 June 2021 | Agent Websites

NAR: US existing-home prices hit another record high in May

Median existing-home price across all housing types hit a record high of $350,300 in May, up 23.6 percent from the year before, according to a new report released Tuesday morning by the National Assoc...

Escalation clauses: what buyers need to know

Jun 25, 2021 Real Estate

Fri, 25 June 2021 | Agent Websites

Escalation clauses: what buyers need to know

An escalation clause can be advantageous to buyers in today's market, but these addendums need to be handled carefully An escalation clause can help buyers gain a crucial edge in today’s sell...

Share of Fixer-Upper home sales drops to lowest point in decades

Jun 24, 2021 Market Trend

Thu, 24 June 2021 | Agent Websites

Share of Fixer-Upper home sales drops to lowest point in decades

The booming housing market has generally made things easy for sellers — unless those sellers were investors coming off a renovation. Single-family homes and condos sold by house-flippers accounte...

Median age of U.S. housing stock getting older during inventory crisis

Jun 23, 2021 Real Estate

Wed, 23 June 2021 | Agent Websites

Median age of U.S. housing stock getting older during inventory crisis

The housing crisis is expected to persist long after the pandemic ends if the government doesn’t interject soon, a pair of new studies reveal. Two studies released on Wednesday by the National As...

Mortgage rates ease despite inflation worries

Jun 22, 2021 Market Trend

Tue, 22 June 2021 | Agent Websites

Mortgage rates ease despite inflation worries

Mortgage rates continue to ease despite worries that the Federal Reserve will eventually have to take measures to fight inflation, with rates on 30-year fixed-rate mortgages continuing to inch further...

JPMorgan Chase pledges $400 million to affordable housing

Jun 21, 2021 Real Estate

Mon, 21 June 2021 | Agent Websites

JPMorgan Chase pledges $400 million to affordable housing

New Initiatives Targeted Toward Closing Affordability Gap for Black, Latino Families JPMorgan Chase is undertaking new initiatives aimed at helping close the housing affordability gap for Black and...

Desirable housing is out there. Here's how to find It

Jun 18, 2021 Real Estate

Fri, 18 June 2021 | Agent Websites

Desirable housing is out there. Here's how to find It

It’s no secret that we’re in the midst of a historic housing shortage. With the possibility of new construction easing the inventory strain unlikely in the near future, agents need to focus on...

Home sale-leasebacks are increasing, but are they good for homeowners?

Jun 17, 2021 Market Trend

Thu, 17 June 2021 | Agent Websites

Home sale-leasebacks are increasing, but are they good for homeowners?

The coronavirus pandemic hit many U.S. homeowners hard, leading them to opt into national mortgage forbearance plans while struggling to stay afloat. About 2.2 million homeowners are now enrolled i...

CoreLogic: rent prices increasing faster than pre-pandemic rates

Jun 16, 2021 Real Estate

Wed, 16 June 2021 | Agent Websites

CoreLogic: rent prices increasing faster than pre-pandemic rates

Rent prices across the country are growing at breakneck speed, now more than double what they were at the same time in 2020. According to the latest Single-Family Rent Index report from CoreLogic r...

New home sales fall to 1-year low: New home sales are still up 9.2% year over year but have been falling since March

May 25, 2021 Real Estate

Tue, 25 May 2021 | Public News

New home sales fall to 1-year low: New home sales are still up 9.2% year over year but have been falling since March

After breaking from its upward trend in April, new home sales fell 5.9 percent to a seasonally adjusted annual rate of 769,000 in May, a one-year low. New home sales are still up 9.2 percent year o...

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