As published in DMAR Market Trends, October 2024 As Thanksgiving and Christmas approach, buyer traffic and activity typically decline. This seasonal slowdown often leads buyers to perceive listings that stay on the market over the holiday season as highly motivated sellers, leading them to expect better deals. Sellers planning a holiday listing should capture listing […]

As published in DMAR Market Trends, September 2024 Sellers who were previously on the fence are now considering listing their homes. Homeowners planning to list in 2025 should consider taking exterior photos now, while landscapes and lawns are free of snow. There’s a growing trend of parents purchasing homes in Colorado to be closer to […]

As published in DMAR Market Trends, August 2024 September is traditionally a challenging month to list a home as end-of-summer trips and back-to-school distractions often tend to reduce buyer activity. Sellers who decide to list during this time would be wise to invest in pre-inspections, making necessary repairs and ensuring their property is fully prepared […]

As published in DMAR Market Trends, July 2024 The widely-held belief that a rate cut is coming in September is affecting both sellers and buyers. Buyers are waiting on the sidelines until the cut, while sellers are holding off on adjusting prices, anticipating the market will “improve” once rates drop. Buyers are becoming increasingly practical […]

As published in DMAR Market Trends, June 2024 Home sellers are returning to the market but are finding buyers hesitant. While market dynamics have shifted in recent months with an influx of demand, it remains important to focus on area-specific micro-markets — which can vary significantly in activity — when pricing homes or helping buyers. […]

As published in DMAR Market Trends, May 2024 Denver’s real estate market is normalizing but continues to face persistent affordability challenges. This presents opportunities for serious buyers and sellers to negotiate favorable deals in the second half of the year. Governor Polis approved a bipartisan bill that will cut property taxes saving the average homeowner […]

As published in DMAR Market Trends, April 2024 Move-in ready homes priced correctly are selling notably faster and attracting multiple offers, while homes that are not turnkey are struggling to find buyers. The Denver Metro area ranks as the hottest housing market in the country for a second year in a row, according to a […]

As published in DMAR Market Trends, March 2024 Sellers are increasingly trusting the Federal Reserve’s assurances of three potential interest rate drops this year. Consequently, they are slowly removing their “golden handcuffs” and stepping off the fence to look for new homes. According to the Colorado Department of Labor and Employment, Colorado experienced greater job […]

As published in DMAR Market Trends, March 2024 Spring has sprung and the market frenzy is back, particularly for homes priced in the sweet spot, often attracting multiple offers within days of being listed. The condo market has shifted to a buyer’s market, driven by escalating HOA fees due to the insurance costs and elevated […]

As published in DMAR Market Trends, February 2024 Homebuyers on a $3,000 monthly budget gained nearly $40,000 in purchasing power after mortgage rates dropped to 6.7% from a high of 7.8% in October. Buyers are back in the market but aren’t necessarily ready to get off the fence as many still have sticker shock over […]