We love to share news and information about Denver homes and the Denver real estate market here on our blog page.  Staying on top of Denver housing and market trends, including Denver apartments and houses to rent Denver is what we are all about.  You’ll get the most current and up to date information from our blog about the Denver real estate market and the Denver homes for sale than anywhere else.  Tap into our world of real estate wealth information and pay it forward by passing it on to others whom you think may be interested.

Year-Over-Year Price Appreciation Reaches Double Digits in 5 Price Categories across the country including our own Denver real estate. As we all know, Denver has been one of the hottest markets in 2016 and it looks like it will continue to do so this next year. While the inventory is low, now is the best time to reap the most out of Denver real estate … read more.

Interest rates are climbing. We knew it was a matter of time before the Fed would raise the rates. Since the presidential election the rates for home mortgages have increased by a half percent. They are still very attractive from an historical perspective so now is the time to make your move. With the cost of housing on the rise, mortgage loan limits have also increased making it easier for more home buyers to qualify for home financing. These interest rates are encouraging home buyers to buy the bigger home today rather than waiting till tomorrow . . . read more.

Nationally speaking it looks like the housing inventories are going to be low again this year in 2017 pushing up home prices and rental rates. Take a look here.  Will the housing market slow down with the interest rates on the rise?  It’s not anticipated at this time.  If you’re thinking of selling, now is an excellent time to do so.  And if you’re thinking of buying, you’ll want to get your ducks in a row to be a smart home shopper.  Call me at 720-373-0654 to get help with buying or selling a home.

Want to know which direction the real estate market is traveling in your county? Find the latest market trends inside this report defined by county to search stats for Denver homes for sale and sold. Homes for sale in Denver and the surrounding counties are detailed in this report published by the MLS at ReColorado.

HouseWrappedWithBow_BuildWealth Across the country, homes are selling pretty well as we enter the holidays. This very well could be a result of interest rates beginning to rise. In the last month alone, the average interest rate for a mortgage has risen about 1/2% and it’s expected they will rise to 4.7%-5.3% during 2017. The increased interest rate will no doubt cost home buyers more and/or reduce their purchasing power. Smart home buyers will jump on the market sooner than later to get the best interest rate possible along with the best home pricing possible before the spring housing rush begins in 2017.  Check out the latest information from the National Association of Realtors regarding the pace of housing here.

MortgageCalculator_House_481135963 Thinking about home improvements and the value they will bring to your home? Not all home improvements give back what it cost you to put in your home. You’ll want to acknowledge ahead of time the return on these investments before you make them. Sometimes when you have a lot of home improvements to make it’s better to just sell the property as it is and invest your dollars in the next home. On the other hand, if you can spruce up your home, and given enough time, you’ll improve the return on those investments. Take a look at the Cost vs Value Home Report for 2016 especially focused on the Denver metro area to gauge what will bring you the most value to your home.

20161028-eng-stm Get rid of the excuses to put off buying a home. Get the FACTS.

Frequently home buyer’s say no to buying a home because they think they can’t qualify or the cost to get into a home is too much money.  It’s easier than you think to buy a home today, particularly with the Home Ready Program and the Cash Down Payment Assistance Program. Call me at 720-373-0654 and I’ll get you in the right direction.

ReColorado_LogoThe real estate market in Denver continues to thrive this summer. A good sign is the inventory of homes available has increased since just last month which allows for a little more selection but the demand is high which creates the opportunity for bid wars. The number of active listings is 6.9% above what it was this time last year. The median sold price year over year is up 10.8%, and the number of sold listings is down by 16.9% because due to lack of inventory. Homes are selling at a fast pace with an average of 20 days on the market. The average sales price in Denver is $418,747 and Sellers are getting 101% of their asking price on average.

Thinking of buying or selling a home, give me a call at 720-373-0654 to help you outline a strategy that will work for you. With over 35 years of experience selling Denver homes, you can rest assured that I know a few things about buying and selling residential real estate.

ReColorado_LogoTake a look at the Market Statistics for the Greater Denver Metro Area for the month of May 2016 RE-Colorado Monthly Indicators 2016-05. If you like stats, graphs, and charts to get the full picture of the real estate market then you’ll like these. To narrow down to a specific area of town or neighborhood, please call me at 720-373-0654 or email me at cheryl@DenverRealty.com.