As published in DMAR Market Trends, January 2023 Two Colorado cities ranked on U.S. News & World Report’s top 50 cities for dog owners. Denver ranked 11th and Colorado Springs ranked 23rd. According to Zillow, backyards will be the number one requirement for new homebuyers in 2023, followed by kitchen islands, mirrored walls, less open […]

Market Insights, Uncategorized

January 25, 2023

Market Insights

By Brad Lewis The real estate market has turned a complete 180 degrees from early 2022 and currentlythere is a lull in activity. With the large increase in interest rates over the past six months, the market is no longer aseller’s market, where buyers were paying 10% to 20% or more over asking price with […]

Market Insights

December 15, 2022

Why NOW is a great time to buy a house!

As published in DMAR Market Trends, December 2022 Down payment assistance programs can significantly reduce the cash-to-close delta for a buyer who may or may not be required to be repaid. These programs could make all the difference in being able to own now, during the window of opportunity that exists through the end of […]

Market Insights

December 15, 2022

Market Insights

As published in DMAR Market Trends, November 2022 As of October 26, 58.2% of active listings have reduced their asking price, compared to 32.6% last year. Properties that reduced price spent an average of 71 days in the MLS, compared to 36 days for those without price reductions. The pool of potential buyers is getting […]

Market Insights

November 21, 2022

Market Insights

As published in DMAR Market Trends, October 2022 Denver was voted the seventh “Greenest City in the U.S.” due to our Bring Your Own Bag tax and other systems that will make recycling and composting free in 2023 with a required fee for trash service bins, along with rebates for eBikes and electric vehicles. Colorado […]

Market Insights

October 21, 2022

Market Insights

As published in DMAR Market Trends, September 2022 Two Colorado cities made U.S. News & World Report’s list of Top 10 Best Places to Live in the U.S. for 2022-2023. Colorado Springs ranked second and Boulder came in fourth. People moving to Denver are coming armed with home-buying budgets 12% larger than what locals have, […]

Market Insights

September 21, 2022

Market Insights

As published in DMAR Market Trends, August 2022 5280 magazine’s ranking of the best neighborhoods evaluated all 78 Denver communities taking into account home values, school quality, safety and distinctive aspects that set a place apart (cultural offerings, nearby shops, bike-ability, open spaces, etc.). The top five neighborhoods were Wellshire, Belcaro, Washington Park, Platt Park, […]

Market Insights

August 24, 2022

Market Insights

As published in DMAR Market Trends, July 2022 Nearly half of U.S. homeowners plan to upgrade or remodel their homes this year. The trend is most prominent among homeowners between the ages of 25 to 44, who are undertaking the most renovations and looking to bring new trends and renovations to the aging homes they […]

Market Insights

July 26, 2022

Market Insights