As published in DMAR Market Trends, January 2024 Amidst a slowdown in buyer activity, longer days on the market and more back-on-market listings, some sellers now require higher earnest money deposits. Real estate agents are reporting a slight uptick in buyers expressing interest in purchasing a property at the onset of 2024, likely due to […]

As published in DMAR Market Trends, December 2023 Homes in great condition and priced well continue to attract offers within a week or two of listing. Conversely, homes in need of “work” linger on the market, awaiting buyers who often hold out for two or three price reductions before making an offer. Retail sales in […]

As published in DMAR Market Trends, November 2023 Many new builds have incredible year-end incentives such as permanent rate buydowns, all appliances and landscaping included packages. Buyers are enjoying increased inventory and have become more demanding during inspections. Sellers planning to list their homes this winter may benefit from obtaining a pre-inspection report to address […]

As published in DMAR Market Trends, October 2023 Sellers planning to list their homes in the winter may want to prepare before the snow arrives. Obtaining pre-inspections of the roof, air conditioning and sprinkler systems will allow time for necessary repairs and provide peace of mind to future buyers who won’t be able to conduct […]

As published in DMAR Market Trends, August 2023 Out of 150 cities, Denver nosedived in ranking from #55 to #99 on U.S. News & World Report’s Best Places to Live annual survey. Boulder, Colorado Springs and Fort Collins all ranked higher. The Colorado average homeowners insurance premium jumped 23% in 2023 as Colorado ranks #2 […]

As published in DMAR Market Trends, August 2023 Out of 150 cities, Denver nosedived in ranking from #55 to #99 on U.S. News & World Report’s Best Places to Live annual survey. Boulder, Colorado Springs and Fort Collins all ranked higher. The Colorado average homeowners insurance premium jumped 23% in 2023 as Colorado ranks #2 […]

As published in DMAR Market Trends, July 2023 Sellers who experienced hail damage should make timely claims and hire insured and licensed roofing companies to make repairs. Realtors® can help connect homeowners to trusted local professionals. Annual inflation in Metro Denver for May was reported at 51%, down from 5.7% in March. Metro Denver is […]

As published in DMAR Market Trends, June 2023 With higher interest rates and uncertainty around the economy, more buyers are biding their time and waiting for their “perfect” home to hit the market before making a move. Compared to previous years, the condo market is moving slower especially in downtown Denver. Demand for ranch homes […]

As published in DMAR Market Trends, May 2023 The Property Tax Deferral Program, created in 2021, allows Coloradans to defer a portion of their property tax if they increase over 4%. Between the first quarter of 2021 and the fourth quarter of 2022, about 15% of homes sold in the Denver metro were to investors, […]

As published in DMAR Market Trends, April 2023 Buyers are more hesitant to overpay for a home. Instead, they are getting more creative with offers by paying fees traditionally associated with the seller like title fees, portions of 2023 taxes and transfer fees. Colorado homeowners, no longer protected by the Gallagher Amendment, face unprecedented increases […]