News from Steve Proctor, Realtor in Colorado

Mortgage rates stable heading into next week's Fed meeting

Jun 11, 2021 Real Estate

Fri, 11 June 2021 | Agent Websites

Mortgage rates stable heading into next week's Fed meeting

Mortgage rates were stable this week as the Federal Reserve prepares for a meeting next week where the latest inflation numbers and a potential tapering of the Fed’s mortgage bond purchases are like...

CoreLogic: Average homeowner gained 19.6 percent in equity last year

Jun 10, 2021 Market Trend

Thu, 10 June 2021 | Agent Websites

CoreLogic: Average homeowner gained 19.6 percent in equity last year

According to the latest numbers from CoreLogic released on Thursday, the average American homeowner with a mortgage gained 19.6 percent in equity in the first quarter of 2021, which amounts to a $33,4...

Out-Of-Town movers look for more affordable areas with larger homes

Jun 9, 2021 Real Estate

Wed, 09 June 2021 | Agent Websites

Out-Of-Town movers look for more affordable areas with larger homes

It’s a classic suburban conundrum: If you want more space without having to pay through the nose, you probably have to look further out from the city. But movers took this principle to new extre...

What elements are important when valuing a property?

Jun 8, 2021 Real Estate

Tue, 08 June 2021 | Agent Websites

What elements are important when valuing a property?

Ever toss and turn at night wondering to yourself: Are “intrinsic” or “extrinsic” elements going to help or hurt my properties? I decided to take a closer look and try to figure out how these ...

Americans would rather buy than rent, despite challenges

Jun 7, 2021 Market Trend

Mon, 07 June 2021 | Agent Websites

Americans would rather buy than rent, despite challenges

Most Americans think it’s a bad time to buy a home, but nearly three out of four say they’d still rather buy then rent the next time they move. Those are the latest findings of an in-depth mont...

Mortgage rates stay at appealing low as Buyers compete for homes

Jun 4, 2021 Market Trend

Fri, 04 June 2021 | Agent Websites

Mortgage rates stay at appealing low as Buyers compete for homes

Mortgage rates continue to hover not far above historic lows, an incentive for would-be homebuyers and homeowners who could benefit from refinancing. Freddie Mac’s latest Primary Mortgage Market Sur...

Home prices increase 13% from last year: corelogic

Jun 3, 2021 Market Trend

Thu, 03 June 2021 | Agent Websites

Home prices increase 13% from last year: corelogic

For the third month in a row, home prices have experienced double-digit annual growth across the country According to the latest CoreLogic Home Price Index report released on Tuesday, home prices i...

Redfin: 51% of homes sold Above listing price in may

Jun 2, 2021 Real Estate

Wed, 02 June 2021 | Agent Websites

Redfin: 51% of homes sold Above listing price in may

Even in the face of record-low inventory and skyrocketing median home prices, homebuyers aren’t giving up on their homeownership dreams, as evidenced by Redfin’s latest market report released on F...

Home buyers willing to pay amazing premiums above list price during Metro Denver’s “insane” market

Jun 1, 2021 Market Trend

Tue, 01 June 2021 | Agent Websites

Home buyers willing to pay amazing premiums above list price during Metro Denver’s “insane” market

Homebuyers in the metro Denver area are willing to pay big premiums over the list price in what is being called an “insane” market. Whatever it takes to get a contract on a home, buyers are quick ...

Mortgage rates decline from 3% Threshold

May 28, 2021 Market Trend

Fri, 28 May 2021 | Agent Websites

Mortgage rates decline from 3% Threshold

Mortgage rates retreated this week, even as support builds at the Federal Reserve to begin discussions on when to taper bond purchases that have kept a lid on long-term interest rates. Freddie Mac�...

Pending-home sales decline 4.4% in April

May 27, 2021 Real Estate

Thu, 27 May 2021 | Agent Websites

Pending-home sales decline 4.4% in April

Pending-home sales dropped 4.4 percent in April from the month before to a Pending Home Sales Index (PHSI) of 106.2, according to a report released on Thursday by the National Association of Realtors ...

Q1: home prices soar due to housing shortage, mortgage Rates

May 26, 2021 Real Estate

Wed, 26 May 2021 | Agent Websites

Q1: home prices soar due to housing shortage, mortgage Rates

Home prices rose 12.6 percent in the first quarter of 2021, according to the Federal Housing Finance Agency House Price Index released Tuesday. The number is also up 3.5 from the last quarter and 1.4 ...

Home affordability declines, first time in 2 years

May 25, 2021 Real Estate

Tue, 25 May 2021 | Agent Websites

Home affordability declines, first time in 2 years

Houses were less affordable in March than a year ago, as home prices climbed faster than household income and mitigated the benefit of low interest rates, according to an index that measures housing a...

Nearly half of American homes selling In under a week

May 24, 2021 Market Trend

Mon, 24 May 2021 | Agent Websites

Nearly half of American homes selling In under a week

In April, 47% of homes for sale in the US went under contract in less than a week. The squeeze is happening at various price points and in dozens of metro areas A new report out from Zillow shows t...

May 21, 2021 Real Estate

Fri, 21 May 2021 | Agent Websites

Mortgage rates stabilize at around 3%

Mortgage rates were up slightly during the week ending May 20, as borrowers with excellent credit putting 20 percent down were offered rates averaging 3.00 percent on 30-year fixed-rate purchase mortg...

Study suggests energized economy is driving housing market's potential

May 20, 2021 Market Trend

Thu, 20 May 2021 | Agent Websites

Study suggests energized economy is driving housing market's potential

Listings may be in short supply, but an index measuring the housing market’s potential was up nearly 30 percent from a year ago in April, thanks to a rise in “house-buying power.” House-buyin...

NAR: Existing-home sales decline again as home prices grow for the third consecutive month

May 19, 2021 Real Estate

Wed, 19 May 2021 | Agent Websites

NAR: Existing-home sales decline again as home prices grow for the third consecutive month

Continuing inventory woes have hampered existing-home sales for the third consecutive month, according to the National Association of Realtors’ latest market report released on Friday. Existing-home...

Plunk: Home renovation valuation app raises $6.5M

May 18, 2021 Product

Tue, 18 May 2021 | Agent Websites

Plunk: Home renovation valuation app raises $6.5M

Launches in Seattle: Plunk, an iOS mobile app developed to help homeowners make market-driven decisions about home renovations announced in a press release that it has raised $6.5 million in seed fund...

Smart home tech: the best smart thermostat choices

May 17, 2021 Product

Mon, 17 May 2021 | Agent Websites

Smart home tech: the best smart thermostat choices

Smart thermostats are a great choice for any household as they typically will pay for themselves within six to eight months of installation, and there are often rebates available through your local ut...

Average single-family home price in metro denver Sets New record in april

May 14, 2021 Real Estate

Fri, 14 May 2021 | Agent Websites

Average single-family home price in metro denver Sets New record in april

Several records were established in the metro Denver housing market during April 2021, including the average price of homes being sold. Single-family homes sold for an average of $623,825. The previou...

Soaring Lumber Prices Add Nearly $36,000 to the Price of a New Home

May 13, 2021 Real Estate

Thu, 13 May 2021 | Agent Websites

Soaring Lumber Prices Add Nearly $36,000 to the Price of a New Home

Skyrocketing lumber prices that have tripled over the past 12 months have driven the price of an average new single-family home to rise by $35,872, according to an analysis conducted by the National A...

May 12, 2021 Market Trend

Wed, 12 May 2021 | Agent Websites

Q1 saw double-digit gains in home price

Home prices rose on an annual basis in 99 percent of metro areas during the first quarter of 2021, according to a new report released by the National Association of Realtors (NAR). In addition, 89 ...

May 11, 2021 Product

Tue, 11 May 2021 | Agent Websites

6 Top smart devices for pets

Pets are important members of our family, and in this episode of home tech decision, we’re going to take a look at some smart tech products designed just for your pets. First up is a dog collar ...

Tips to clean a smoker's house effectively

May 10, 2021 For Sellers

Mon, 10 May 2021 | Agent Websites

Tips to clean a smoker's house effectively

The smell of smoke can be harmful to the health of the home's new buyers, it also can drastically reduce a home's resale value. So how do you remove smoke residue when selling or renting a ...

Inventor relief maybe be coming, says new realtor.com report

May 7, 2021 Market Trend

Fri, 07 May 2021 | Agent Websites

Inventor relief maybe be coming, says new realtor.com report

A hopeful signal that lower home prices are near The worsening imbalance between supply and demand has pushed buyers to the brink, as many are unable to keep up with explosive home price growth com...

Low inventory, escalating prices leading to weaker mortgage demands

May 6, 2021 Market Trend

Thu, 06 May 2021 | Agent Websites

Low inventory, escalating prices leading to weaker mortgage demands

Applications for mortgage purchase loans fell for the second week in a row at the end of April, and the drop probably had more to due with a lack of affordable homes on the market during this spring�...

Co-ownership: the next trend in second home sales

May 5, 2021 Market Trend

Wed, 05 May 2021 | Agent Websites

Co-ownership: the next trend in second home sales

It’s not often a real estate agent gets an opportunity to add a new line of business to their portfolio. There are buyers and, well, sellers. While their needs vary, they almost all have one thing i...

Homeseller profits experience decline in first quarter

May 4, 2021 Market Trend

Tue, 04 May 2021 | Agent Websites

Homeseller profits experience decline in first quarter

Homeseller profits decreased in the first quarter, but remained elevated from last year, according to the latest report from ATTOM Data Solutions. ATTOM released its first-quarter 2021 U.S. Home S...

Micro-investing in real estate: what you need to know

May 3, 2021 Real Estate

Mon, 03 May 2021 | Agent Websites

Micro-investing in real estate: what you need to know

While there is very little debate about the value of a good real estate investment, incredibly high prices are one 0f the main reason keeping people away from becoming potential investors. To addre...

After 2 month decline, pending home sales increase: NAR

Apr 30, 2021 Market Trend

Fri, 30 April 2021 | Agent Websites

After 2 month decline, pending home sales increase: NAR

According to a report released Thursday by the National Association of Realtors (NAR): Pending-home sales grew 1.9 percent in March, breaking a two-month cycle of declines. The Pending Home Sales I...

5 Tips to rent out your property in colorado springs

Apr 29, 2021 Real Estate

Thu, 29 April 2021 | Agent Websites

5 Tips to rent out your property in colorado springs

Rental property ownership is a lucrative investment that appreciates continuously. It is a competitive market and can prove to be stressful for landlords. Contrary to what many investors might think, ...

Despite record low interest rates, housing market slows

Apr 28, 2021 Real Estate

Wed, 28 April 2021 | Agent Websites

Despite record low interest rates, housing market slows

The housing market continues to slow with a drop in mortgage applications, even as interest rates recently dropped below the 3 percent mark for the first time in months. According to data from the...

How to Remove Oil Stains from Your Driveway

Apr 27, 2021 Real Estate

Tue, 27 April 2021 | Agent Websites

How to Remove Oil Stains from Your Driveway

As a homeowner, you work hard to maximize your home’s curb appeal. But when it comes to your driveway and sidewalks, residual motor oil, gasoline and other fluids from your vehicles can leave unsigh...

Are we passed the housing inventory crisis?

Apr 26, 2021 For Buyers

Mon, 26 April 2021 | Agent Websites

Are we passed the housing inventory crisis?

The housing market has been experiencing an inventory crisis as homebuyers are hungry for more homes than are available for sale. Horror stories are mounting of buyers paying thousands…even hundreds...

Give your home a new life with the ultimate spring cleaning checklist

Apr 23, 2021 Real Estate

Fri, 23 April 2021 | Agent Websites

Give your home a new life with the ultimate spring cleaning checklist

Spring cleaning is the best way to give your home a new life after a long winter. By using the ultimate spring cleaning list, you can make you home’s interior shine just like new. So put on some old...

Forbearance rate drops for 7th week in a row: 4.5 percent as of April 11, 2021

Apr 22, 2021 Real Estate

Thu, 22 April 2021 | Agent Websites

Forbearance rate drops for 7th week in a row: 4.5 percent as of April 11, 2021

The share of mortgages in forbearance continues to retreat from last summer’s highs, but roughly 2.3 million homeowners are still taking a hiatus from their monthly mortgage payments, according to t...

Decline in interest rates accelerates housing marketing

Apr 21, 2021 Market Trend

Wed, 21 April 2021 | Agent Websites

Decline in interest rates accelerates housing marketing

After about two months of steady decreases, mortgage applications increased for the first time after a drop in mortgage interest rates. Mortgage applications increased 8.6 percent on a seasonally a...

Housing market likely to experience downturn, according to Fannie, Freddie

Apr 20, 2021 Real Estate

Tue, 20 April 2021 | Agent Websites

Housing market likely to experience downturn, according to Fannie, Freddie

The economy is improving, homebuyer demand remains strong and COVID-era restrictions are easing, but mortgage giants Fannie Mae and Freddie Mac each predicted a slowdown in the housing market as mortg...

7 home improvement ideas that will help you increase your rental property value!

Apr 19, 2021 Real Estate

Mon, 19 April 2021 | Agent Websites

7 home improvement ideas that will help you increase your rental property value!

As a real estate investor, you want to charge the most rent possible on your property to see the greatest return. To increase your rent and your bottom line, you want to increase the property value of...

Will rising mortgage rates affect appetite for homebuying?

Apr 16, 2021 Real Estate

Fri, 16 April 2021 | Agent Websites

Will rising mortgage rates affect appetite for homebuying?

Spring is here, and it has brought warmer weather and rosier sentiment about the overall economic outlook. Wall Street signaled the continuation of a bull cycle, with the S&P 500 tallying its highest ...

Today's supply shortage won't last forever, but when will it end?

Apr 15, 2021 Market Trend

Thu, 15 April 2021 | Agent Websites

Today's supply shortage won't last forever, but when will it end?

There’s something really strange happening right now: There are seemingly no homes for sale, and yet the number of actual sales this year is probably going to be up compared to 2020. How could th...

10 pandemic-proof facts about buying a home

Apr 14, 2021 Real Estate

Wed, 14 April 2021 | Agent Websites

10 pandemic-proof facts about buying a home

A year ago, most of us were in full lockdown mode, still trying to make sense of stay-at-home orders and figuring out how sheltering in place would impact the real estate market. When the pandemic ...

The perks and challenges of house flipping and wholesale real estate

Apr 13, 2021 Real Estate

Tue, 13 April 2021 | Agent Websites

The perks and challenges of house flipping and wholesale real estate

Real estate investing is an exciting way to build wealth and diversify your portfolio. Novice investors and seasoned financial pros are both capitalizing on the industry, breaking into markets of all ...

Amount of borrowers securing mortgages for second homes increased 128%

Apr 12, 2021 Real Estate

Mon, 12 April 2021 | Agent Websites

Amount of borrowers securing mortgages for second homes increased 128%

The housing market has seen a surge of interest in second homes as, early last year, concerns over the spread of COVID-19 began shutting down the U.S., spurring a migration of Americans from crowded, ...

Mortgage interest rates decrease for first time in 2 months

Apr 9, 2021 Market Trend

Fri, 09 April 2021 | Agent Websites

Mortgage interest rates decrease for first time in 2 months

Mortgage interest rates dropped for the first time after nearly two months of upward momentum, giving some borrowers who haven’t yet done so the opportunity to refinance. The average 30-year fix...

MBA: New forbearance requests drop to lowest level since March 2020

Apr 8, 2021 Real Estate

Thu, 08 April 2021 | Agent Websites

MBA: New forbearance requests drop to lowest level since March 2020

New mortgage forbearance requests dropped to their lowest level since March 2020, according to the latest data from the Mortgage Bankers Association. Total weekly forbearance requests as a percent...

Home prices increased 10.4% in February 2021 from the previous year

Apr 7, 2021 Market Trend

Wed, 07 April 2021 | Agent Websites

Home prices increased 10.4% in February 2021 from the previous year

Competition is fierce and home prices are soaring, hitting their highest level of growth in 15 years, according to the latest CoreLogic Home Price Index report. Home prices continued to increase i...

Hopes of housing shortage relief diminish as new listings drop

Apr 6, 2021 Market Trend

Tue, 06 April 2021 | Agent Websites

Hopes of housing shortage relief diminish as new listings drop

The real estate market has continued to surge throughout the pandemic, but is now booming even more as COVID fears reside but low interest rates remain. But hopes of a wave of new housing inventory ha...

Percentage of homeowners unable to pay mortgage hits new low

Apr 5, 2021 Real Estate

Mon, 05 April 2021 | Agent Websites

Percentage of homeowners unable to pay mortgage hits new low

The share of mortgages in forbearance dropped below 5 percent in March for the first time since the beginning of the pandemic, as homeowners resuming their payments continued to outnumber new requests...

Higher than it has ever been: The median listing price for US homes hit $370,000 in March

Apr 2, 2021 Market Trend

Fri, 02 April 2021 | Agent Websites

Higher than it has ever been: The median listing price for US homes hit $370,000 in March

An abysmal lack of homes for sale is colliding with the spring buying market, creating mind-boggling bidding wars and, according to a new report, home prices that have literally never been higher. ...

18 important move-out tasks for every seller's checklist

Apr 1, 2021 For Sellers

Thu, 01 April 2021 | Agent Websites

18 important move-out tasks for every seller's checklist

With so many sellers negotiating to stay in their homes well past closing these days, the buyer walkthrough might happen before closing, and it might also occur before or after the seller has moved ou...

Mar 31, 2021 Market Trend

Wed, 31 March 2021 | Agent Websites

Pending home sales declined 10.6%

Pending-home sales declined 10.6 percent in February from the previous month to a Pending Home Sales Index (PHSI) of 110.3, according to data released by the National Association of Realtors (NAR) on ...

Suburban and rural rents grew 5 to 7 percent more than urban rents over the last year

Mar 30, 2021 For Renters

Tue, 30 March 2021 | Agent Websites

Suburban and rural rents grew 5 to 7 percent more than urban rents over the last year

In response to the pandemic, many city-dwellers fled to the suburbs or rural areas for more space and fresh air. That preference away from urban areas has led to a split in urban and suburban/rural re...

5 Mortgage strategies for the self-employed during the pandemic

Mar 29, 2021 For Buyers

Mon, 29 March 2021 | Agent Websites

5 Mortgage strategies for the self-employed during the pandemic

To millions of Americans, trading a nine-to-five paycheck for a home office deduction and a business of their own is today’s definition of the American dream. The greatest percentage of American adu...

10 consumer tech products to watch in 2021

Mar 26, 2021 Product

Fri, 26 March 2021 | Agent Websites

10 consumer tech products to watch in 2021

Often referred to as “the most influential tech event in the world,” the annual Consumer Electronics Show (CES) offers its attendees a glimpse into the year’s most innovative products and techno...

Home sales plummet due to elevating Rates and low inventory

Mar 25, 2021 Real Estate

Thu, 25 March 2021 | Agent Websites

Home sales plummet due to elevating Rates and low inventory

According to data released Monday from the National Association of Realtors, existing-home sales were down 6.6% from January to February Existing-home sales dropped 6.6 percent from January to Febr...

Don’t let critters damage Your landscape, lawn, and gardens: part II

Mar 24, 2021 Real Estate

Wed, 24 March 2021 | Agent Websites

Don’t let critters damage Your landscape, lawn, and gardens: part II

In Part I of this blog, we reviewed some measures that homeowners can take to keep coyotes and foxes from sitting up shop in your yard and the subsequent damage and problems they can cause. But there ...

How to Keep Coyotes and Foxes from Living in Your Yard: part I

Mar 23, 2021 Real Estate

Tue, 23 March 2021 | Agent Websites

How to Keep Coyotes and Foxes from Living in Your Yard: part I

Wildlife of nearly every species under the rainbow have an uncanny ability to not just survive, but to thrive in cities of nearly every size across the country. Coyotes, foxes, and even wolves in some...

Buyers Beware: what spring may bring for Real Estate

Mar 22, 2021 Real Estate

Mon, 22 March 2021 | Agent Websites

Buyers Beware: what spring may bring for Real Estate

Competitive market that only stands to get more intense as the weather gets nicer and more buyers come out this spring In a year of real estate that’s been like no other, what will this spring ma...

Mortgage rates have climbed back over 3%

Mar 19, 2021 Market Trend

Fri, 19 March 2021 | Agent Websites

Mortgage rates have climbed back over 3%

Mortgage rates continued to climb this week. The average rate for a 30-year fixed-rate mortgage climbed to 3.09 percent for the week ending March 18, an increase from the 3.01 percent it averaged last...

Redfin: Significant increase in number of homes sold above list price

Mar 18, 2021 Real Estate

Thu, 18 March 2021 | Agent Websites

Redfin: Significant increase in number of homes sold above list price

Median Home Sale Price Grew 14.4% in February Propelled by a nationwide inventory shortage, such growth hasn’t been seen since July 2013 and is fueling a market in which buyers have to outbid com...

Buyer demand continues to sizzle even as more buyers are frozen out in a fast-paced market

Mar 17, 2021 Real Estate

Wed, 17 March 2021 | Agent Websites

Buyer demand continues to sizzle even as more buyers are frozen out in a fast-paced market

The Denver Metro Association of Realtors (DMAR) has released its latest residential market data for the metro Denver area. The current seller’s market continues to stay hot, even as many buyers cont...

More choices are coming to home financing in the future

Mar 16, 2021 Real Estate

Tue, 16 March 2021 | Agent Websites

More choices are coming to home financing in the future

The 30-year mortgage is not disappearing but a slew of newer companies are trying to reinvent the way people finance home purchases Maybe it’s the avocado toast. Or the student loan debt. Maybe i...

Everyone is moving to Florida! Or maybe they aren't

Mar 15, 2021 Real Estate

Mon, 15 March 2021 | Agent Websites

Everyone is moving to Florida! Or maybe they aren't

There’s been a lot of coverage over the last several months about homebuyers making their way to Florida in response to the pandemic: Northeasterners seeking warmth and lower taxes, celebrities look...

concern grows among lawmakers, economists about growing home prices squeezingout buyers

Mar 12, 2021 Real Estate

Fri, 12 March 2021 | Agent Websites

concern grows among lawmakers, economists about growing home prices squeezingout buyers

Although we’re almost a decade removed from the Great Recession, the fears from that time still linger on in the minds of economists, housing experts and everyday Americans who remember the wave of ...

Mar 11, 2021 For Buyers

Thu, 11 March 2021 | Agent Websites

Tips for first-time home buyers

Buying your first home is a major life change. This type of purchase lets you set down roots but can have a profound effect on your finances. These 9 first-time home buyer tips will help you through t...

Pulse: What homebuyers need to know about mortgages in 2021

Mar 10, 2021 For Buyers

Wed, 10 March 2021 | Agent Websites

Pulse: What homebuyers need to know about mortgages in 2021

Here's what homebuyers need to be prepared for today With so many people venturing into the homebuying process (many of them first-time buyers with little experience) this year, there’s an in...

10 ways bad credit can cost buyers their dream home

Mar 9, 2021 For Buyers

Tue, 09 March 2021 | Agent Websites

10 ways bad credit can cost buyers their dream home

A few years ago, in a similar market to the one we are currently experiencing, we managed to get buyers into a contract on the home of their dreams. It took a lot of effort; they were blown out in man...

How to attract buyers setting the right price

Mar 8, 2021 Real Estate

Mon, 08 March 2021 | Agent Websites

How to attract buyers setting the right price

Clients often don’t understand that pricing a home correctly is the most important part of selling a home. An optimal market price will greatly improve the chances of a successful sale that’s comp...

It's Not Just a Home: In 2021, Prioritize Lifestyle

Mar 5, 2021 Real Estate

Fri, 05 March 2021 | Agent Websites

It's Not Just a Home: In 2021, Prioritize Lifestyle

I’ve found it interesting that people are staying in their homes longer these days — somewhere in the neighborhood of eight to 13 years! That’s up considerably from the early 2000s, when people ...

CoreLogic: Home prices surpass all predictions

Mar 4, 2021 Real Estate

Thu, 04 March 2021 | Agent Websites

CoreLogic: Home prices surpass all predictions

76% of U.S. non-homeowners said that they have no plans to buy in the next 6 months Home price growth in January soared by 10 percent year over year, a rate of growth unseen since 2013. Accordin...

1 year of pandemic: Front Range Colorado homes got more expensive during COVID

Mar 3, 2021 Real Estate

Wed, 03 March 2021 | Agent Websites

1 year of pandemic: Front Range Colorado homes got more expensive during COVID

The COVID-19 heightened a longstanding issue with Colorado housing – there isn’t enough and it’s become quite expensive. Colorado has gained a million people in the past 20 years, including m...

You should know these 4 interior architecture trends for 2021

Mar 2, 2021 Market Trend

Tue, 02 March 2021 | Agent Websites

You should know these 4 interior architecture trends for 2021

Recently, interior architecture has moved up the list of buyer priorities. The reason is simple: as more people work remotely, shop via digital channels, and spend large amounts of time in their homes...

These 5 trends are driving the real estate inventory crisis

Mar 1, 2021 Real Estate

Mon, 01 March 2021 | Agent Websites

These 5 trends are driving the real estate inventory crisis

This situation isn't just COVID- 19 related In March of last year, just as the pandemic lockdown was upon us, Brad Inman invited me on his podcast to discuss the looming crisis we both expected...

Keep your home network safe with this smart device

Feb 26, 2021 Product

Fri, 26 February 2021 | Agent Websites

Keep your home network safe with this smart device

With more people working from home, students engaging in distance learning, and smart home devices being connected to your home network, it’s important to keep that network safe. Firewalla is a p...

Pending-home sales declined 2.8% in January: NAR

Feb 25, 2021 Real Estate

Thu, 25 February 2021 | Agent Websites

Pending-home sales declined 2.8% in January: NAR

Pending-home sales dropped 2.8 percent from December to January, marking the fifth-consecutive month-over-month decline, according to data released by the National Association of Realtors (NAR) on Thu...

Realtors are the ones who make home happen

Feb 24, 2021 For Buyers

Wed, 24 February 2021 | Agent Websites

Realtors are the ones who make home happen

Despite the daily onslaught of market disruptors seeking to remove Realtors from the equation, there will always be a need for the personal touch in walking clients through the sale or purchase of the...

Metro Denver's housing market likely to keep booming

Feb 23, 2021 Real Estate

Tue, 23 February 2021 | Agent Websites

Metro Denver's housing market likely to keep booming

Despite COVID, Denver homes sell at record highs Metro Denver housing market is 'HOT HOT HOT' Supply still can’t keep up with demand. New numbers from the Denver Metro Association of ...

Redfin: United States median home price now costs $330,500

Feb 22, 2021 Market Trend

Mon, 22 February 2021 | Agent Websites

Redfin: United States median home price now costs $330,500

The pandemic’s effect on the real estate market has been quite the opposite of what many experts feared at the start of the outbreak — as inventory dwindled, home prices and sales both soared in 2...

New construction permits soared in January 2021

Feb 19, 2021 Real Estate

Fri, 19 February 2021 | Agent Websites

New construction permits soared in January 2021

Continuing a strong upward trend seen through the end of 2020, new construction permits soared in the first month of 2021 — even as starts and completions lagged slightly. Privately owned housing...

Knock expands to Tuscon and Colorado Springs, pushing total to 17 cities

Feb 18, 2021 Real Estate

Thu, 18 February 2021 | Agent Websites

Knock expands to Tuscon and Colorado Springs, pushing total to 17 cities

Helping sellers sell before they buy and move without worrying about showings, Home Swap is now available in 17 markets across the country Two more cities in the western United States are eligible ...

Looking for an affordable apartment in Colorado? Prepare to feel the squeeze

Feb 17, 2021 For Renters

Wed, 17 February 2021 | Agent Websites

Looking for an affordable apartment in Colorado? Prepare to feel the squeeze

After tagging along on a few of my adult-daughter’s apartment-hunting trips, I was perplexed about why rent had skyrocketed in Colorado. Apartments are being built everywhere, especially in north...

Nationwide rent prices just keep climbing: CoreLogic

Feb 16, 2021 For Renters

Tue, 16 February 2021 | Agent Websites

Nationwide rent prices just keep climbing: CoreLogic

Nationwide rent prices rose 3.8 percent year-over-year in December, continuing an upward trend that has been largely unaffected by the pandemic. According to the latest Single-Family Rent Index rep...

4 Mortgage tech tools you need in your life

Feb 15, 2021 Real Estate

Mon, 15 February 2021 | Agent Websites

4 Mortgage tech tools you need in your life

Prospective buyers are in good company if they’re hoping to buy a home in 2021. Many are eager to take advantage of low rates, creating even more competition for that perfect dream home. As properti...

Almost 90% of metros experience double-digit price gains in Q4: NAR

Feb 12, 2021 Real Estate

Fri, 12 February 2021 | Agent Websites

Almost 90% of metros experience double-digit price gains in Q4: NAR

The fourth quarter of 2020 saw widespread year-over-year home price growth across all metro areas analyzed by the National Association of Realtors (NAR), according to the association’s latest report...

5 Steps to get approved when you apply for a mortgage

Feb 11, 2021 For Buyers

Thu, 11 February 2021 | Agent Websites

5 Steps to get approved when you apply for a mortgage

Applying for a mortgage is pretty straightforward. You’ll choose a lender, start the application (typically online), and provide supporting documents like tax returns and bank statements to verif...

Feb 10, 2021 Market Trend

Wed, 10 February 2021 | Agent Websites

Affordable cities are making a comeback

Over the last several months, America’s cities have waned in popularity as the suburbs found new life. But, recent data shows that cities are making a comeback, and young white-collar workers are se...

When in doubt, disclose... Top 10 disclosure musts

Feb 9, 2021 Real Estate

Tue, 09 February 2021 | Agent Websites

When in doubt, disclose... Top 10 disclosure musts

My wife and I just purchased a historic property and were wondering how we could trace its history. It was a foreclosure, and the seller provided absolutely no information. As it turned out, we ne...

In struggling economy, mortgage rates remain low

Feb 8, 2021 Market Trend

Mon, 08 February 2021 | Agent Websites

In struggling economy, mortgage rates remain low

It may be a new year and a new presidential administration, but mortgage rates are continuing to hover near all-time lows. The average 30-year fixed-rate mortgage stayed flat from last week at 2.73...

Double-digit price gains in metro denver housing market carry over into 2021

Feb 5, 2021 Market Trend

Fri, 05 February 2021 | Agent Websites

Double-digit price gains in metro denver housing market carry over into 2021

Metro Denver’s worsening imbalance between supply and demand has 2021 starting out with annual home price appreciation solidly into double-digit territory, according to the Market Trends Report out ...

Feb 4, 2021 For Buyers

Thu, 04 February 2021 | Agent Websites

Buying a condo? 5 negotiating tips

Single-family and multigenerational homes are seeing a massive surge of interest as families are spending far more time together at home. Now that they’re using their homes for work, daycare, school...

Tips for preparing a vacation home for sale

Feb 3, 2021 Real Estate

Wed, 03 February 2021 | Agent Websites

Tips for preparing a vacation home for sale

As a real estate agent, my specialty is selling vacation properties in Cape Cod. I also live in the area, and it’s not usually until the summer that I start to see my neighbors returning to their pr...

Why sellers need a real estate agent: 7 risks home sellers takes when they go it alone

Feb 2, 2021 For Sellers

Tue, 02 February 2021 | Agent Websites

Why sellers need a real estate agent: 7 risks home sellers takes when they go it alone

In today's market, the stakes are high and there is so much pressure on everyone in the transaction. Reasons to have a real estate agent by your side It may be winter, but the temperature of ma...

Housing inventory in U.S. descends to all-time low

Feb 1, 2021 Real Estate

Mon, 01 February 2021 | Agent Websites

Housing inventory in U.S. descends to all-time low

Homes for sale in rural areas across the nation plunged 44.4 percent year over year during the four weeks ending January 21, driving an all-time low in active listings, according to a new report from ...

RE/MAX executive reveals 2 things all agents should be doing right now

Jan 28, 2021 For Agents

Thu, 28 January 2021 | Agent Websites

RE/MAX executive reveals 2 things all agents should be doing right now

Appearing on Inman Connect's morning show, RE/MAX Chief Customer Officer Nick Bailey gave advice to agents on how to overcome the lack of housing inventory An inventory shortage shouldn’t be ...

Jan 28, 2021 For Buyers

Thu, 28 January 2021 | Agent Websites

Steps to own your dream home

It takes a lot of sacrifice to get out of debt and secure a solid financial foundation for yourself. Maybe you’ve rented a less-than-ideal house instead of buying one. Or maybe you’ve stayed in a ...

2021 Housing Market Predictions Report: Denver is expected to outpace many other cities in the nation

Jan 27, 2021 Real Estate

Wed, 27 January 2021 | Agent Websites

2021 Housing Market Predictions Report: Denver is expected to outpace many other cities in the nation

Denver was named among the nation's top 5 hottest housing markets in a new report that predicts where people will be buying homes in 2021. While growth is expected in every large U.S. city, exp...

Challenges remain for 2021 but market will still be hot

Jan 26, 2021 Real Estate

Tue, 26 January 2021 | Agent Websites

Challenges remain for 2021 but market will still be hot

In 2020, the housing market seemed continually flush with buyers as sellers became ever more scarce. Buyers, enticed by record-low mortgage rates, sought out new homes in droves, creating a rapid-pace...

Breaking down the numbers in Denver Metro's real estate rush

Jan 25, 2021 Real Estate

Mon, 25 January 2021 | Agent Websites

Breaking down the numbers in Denver Metro's real estate rush

While the last year certainly kept consumers on the edges of their seats with the many ebbs and flows of the real estate market, Denver Metro turned what could have been a tragedy of a year into a suc...

Rent continue to grow fast despite pandemic

Jan 21, 2021 For Renters

Thu, 21 January 2021 | Agent Websites

Rent continue to grow fast despite pandemic

Rent prices across the country rose by 3.7 percent in November, a significant spike from 2.8 percent rise recorded during the same time last year. Unemployment has not managed to dampen rent growth...

Economist predicts Northern Colorado housing market will continue cruising in 2021

Jan 20, 2021 Real Estate

Wed, 20 January 2021 | Agent Websites

Economist predicts Northern Colorado housing market will continue cruising in 2021

While the COVID-19 pandemic may have dampened overall economic growth in 2020, the virus did little to slow down the red-hot residential real estate market in Northern Colorado. As recovery gains spee...

Real estate tech platform predicts 30% rise in home sales by end of January

Jan 19, 2021 Real Estate

Tue, 19 January 2021 | Agent Websites

Real estate tech platform predicts 30% rise in home sales by end of January

If MoxiWorks predictions are correct, the US will see 422,000 home sales in January and another 447,000 in February, a significant increase from 2020 Real estate tech platform and marketing agency ...

Low inventory for homes across all of Colorado in December

Jan 18, 2021 Real Estate

Mon, 18 January 2021 | Agent Websites

Low inventory for homes across all of Colorado in December

Metro Denver wasn’t the only housing market in Colorado that saw the cupboards empty and buyers starved as 2020 came to a close. It pretty much happened across most of the state, according to statis...

The Barry & Larry real estate radio show on 630 KHOW AM Makes First Broadcast from new state-of-the-art studio at RE/MAX Masters Millennium

Jan 15, 2021 Real Estate

Fri, 15 January 2021 | Agent Websites

The Barry & Larry real estate radio show on 630 KHOW AM Makes First Broadcast from new state-of-the-art studio at RE/MAX Masters Millennium

Informative Program Showcases Variety of Guests and Topics in Live Format Saturday Mornings from Exciting New Facility in DTC Office GREENWOOD VILLAGE – James T. Wanzeck, Managing Broker and visi...

These two rooms need the most attention when you are ready to sell your home

Jan 14, 2021 Real Estate

Thu, 14 January 2021 | Agent Websites

These two rooms need the most attention when you are ready to sell your home

If you’re planning to put your home on the market, it’s important to maximize your limited time and extra cash by focusing on the two “hot spots” in your home that are the primary focal points...

New initiative Aaims to boost home ownership Among Native Americans

Jan 13, 2021 Real Estate

Wed, 13 January 2021 | Agent Websites

New initiative Aaims to boost home ownership Among Native Americans

CBC Mortgage Agency, a tribally owned housing finance agency, has launched an initiative to increase homeownership among Native Americans living off of reservations. South Jordan, Utah-based CBCMA ...

U.S. foreclosure filings decline as moratorium is extended through January

Jan 12, 2021 Real Estate

Tue, 12 January 2021 | Agent Websites

U.S. foreclosure filings decline as moratorium is extended through January

U.S. foreclosure filings decreased 14 percent in November 2020 from the month before to a total of 10,042 properties with foreclosure filings (including default notices, scheduled auctions or bank rep...

2021 starts with mortgage rates at new record low

Jan 11, 2021 Real Estate

Mon, 11 January 2021 | Agent Websites

2021 starts with mortgage rates at new record low

Despite predictions that mortgage rates would slowly tick back up in 2021, the new year opened this week with the same old story: mortgage rates hitting a new record low. The average rate for the ...

Rent drops in expensive cities as 2021 begins

Jan 8, 2021 Market Trend

Fri, 08 January 2021 | Agent Websites

Rent drops in expensive cities as 2021 begins

A flood of people leaving pricey places like New York and Boston have sent rents in those cities plummeting, while rents in traditionally more affordable areas have climbed. San Francisco, New York...

Jan 7, 2021 Real Estate

Thu, 07 January 2021 | Agent Websites

Housing market: what to expect in 2021

The housing market will enter 2021 blazing hot with off-the-charts demand and an extreme shortage of homes for sale. While the risk of a double-dip recession hovers in the background, home sales and p...

Metro Denver housing market surprises with record-setting year despite pandemic

Jan 6, 2021 Market Trend

Wed, 06 January 2021 | Agent Websites

Metro Denver housing market surprises with record-setting year despite pandemic

Metro Denver’s housing market ended 2020 with a bang, popping the roof with a record-high number of home sales and busting through the basement with the fewest listings available for sale, according...

Jan 5, 2021 Real Estate

Tue, 05 January 2021 | Agent Websites

How low will mortgage rates go in 2021?

Mortgage rates ended 2020 near a record low. Will record-breaking rates continue in 2021? Mortgage rates plummeted to historic lows in 2020, with the rate seemingly topping itself every week. The p...

Colorado stood out as one of the best states to live in 2020

Jan 4, 2021 Real Estate

Mon, 04 January 2021 | Agent Websites

Colorado stood out as one of the best states to live in 2020

As we reflect back on 2020, we are reminded of the many challenges that the year presented. Although Colorado, as well as the rest of the country, has faced hardships, our home has garnered the attent...

Historic neighborhood lights up for the holidays, a rare listing comes on at $625,000

Dec 29, 2020 Real Estate

Tue, 29 December 2020 | Agent Websites

Historic neighborhood lights up for the holidays, a rare listing comes on at $625,000

Denver’s historic Highlands neighborhood, where hopes run high for its reemergence as a dining hub after coronavirus moves into the rearview mirror, is suffering both sides of the pandemic’s econo...

GDP in Q3 of 2020: Housing and consumer spending are driving the recovery

Dec 28, 2020 Market Trend

Mon, 28 December 2020 | Agent Websites

GDP in Q3 of 2020: Housing and consumer spending are driving the recovery

The third and final estimate shows the GDP rose at an annualized rate of 33.4% in the third quarter from the second quarter of 2020. This strong growth nearly wipes out the pandemic-induced losses in ...

Cash no Longer the norm when It comes to buying a Denver home

Dec 23, 2020 Real Estate

Wed, 23 December 2020 | Agent Websites

Cash no Longer the norm when It comes to buying a Denver home

Homebuyers who showed up with cash have long had an advantage in beating out the competition, but their grip on the market could be slipping. Seattle-based brokerage Redfin estimates that 15.2% of ...

Metro Denver Real Estate Market Predictions for 2021 Mostly Positive with Strong Sales but Modest Price Gains

Dec 22, 2020 Real Estate

Tue, 22 December 2020 | Agent Websites

Metro Denver Real Estate Market Predictions for 2021 Mostly Positive with Strong Sales but Modest Price Gains

Americans have embraced every challenge, moved immovable obstacles, and defeated powerful enemies with steadfast determination since the Pilgrims landed at Plymouth Rock. As we enter the New Year, mos...

Will Colorado become one of the most expensive states for housing in the next 10 years?

Dec 21, 2020 Real Estate

Mon, 21 December 2020 | Agent Websites

Will Colorado become one of the most expensive states for housing in the next 10 years?

If the next 10 years are like the past 10 when it comes to home price appreciation, Colorado will become one of the most expensive states in the country for housing, according to Renofi, a website tha...

Colorado real estate market lacks inventory: what that means for consumers

Dec 18, 2020 Real Estate

Fri, 18 December 2020 | Agent Websites

Colorado real estate market lacks inventory: what that means for consumers

Ever since the end of spring, real estate markets across Colorado have been surging with homebuying activity. Low-interest rates on 30-year mortgages coupled with the transition to working-from-home f...

Dec 17, 2020 Real Estate

Thu, 17 December 2020 | Agent Websites

Colorado housing market

President of Windermere Real Estate Colorado, Eric Thompson, was interviewed by Windermere Real Estate’s chief economist Matthew Gardner on Colorado’s housing market. The interview offered an in-d...

Market will shine brighter for Denver home sellers than buyers in 2021

Dec 16, 2020 Real Estate

Wed, 16 December 2020 | Agent Websites

Market will shine brighter for Denver home sellers than buyers in 2021

2021 brings strong sales but more modest price gains A lack of inventory and continued demand will keep sellers firmly in control of metro Denver’s housing market next year, but higher mortgage r...

Boulder Valley home prices fall in November

Dec 15, 2020 Real Estate

Tue, 15 December 2020 | Agent Websites

Boulder Valley home prices fall in November

The residential real estate market remained remarkably tight across Northern Colorado and the Boulder Valley in November. Despite yearly lows in active listings in many of the local markets, prices...

Colorado real estate boom can’t be stopped as home sales continue to rise

Dec 14, 2020 Real Estate

Mon, 14 December 2020 | Agent Websites

Colorado real estate boom can’t be stopped as home sales continue to rise

Although the close of 2020 is quickly approaching, the end of Colorado’s real estate boom is nowhere in sight. Homes across the state, including Denver’s six-county metro area, continue to fly off...

8 steps to hit the ground running in 2021

Dec 11, 2020 Real Estate

Fri, 11 December 2020 | Agent Websites

8 steps to hit the ground running in 2021

The end of an era is upon us. This year will be long remembered for the quarantine, the COVID-19 pandemic, a historic presidential election and so much more. That said, we are experiencing a perfec...

2021 market for Western cities will excel amid strong

Dec 10, 2020 Real Estate

Thu, 10 December 2020 | Agent Websites

2021 market for Western cities will excel amid strong

Next year is poised to be a good one for the real estate industry, according to a new report — but a handful of techie western cities are likely going to do especially well. The report, out Monda...

Low inventory causes metro denver housing market to slow

Dec 9, 2020 Real Estate

Wed, 09 December 2020 | Agent Websites

Low inventory causes metro denver housing market to slow

Metro Denver’s housing market showed signs of running out of gas and stalling last month, with sales dropping sharply and higher-priced homes dominating a dwindling supply of available listings, acc...

Home construction at highest point since 2005 in Colorado Springs area

Dec 8, 2020 Real Estate

Tue, 08 December 2020 | Agent Websites

Home construction at highest point since 2005 in Colorado Springs area

With more than 4,100 permits issued for single-family home construction through November in El Paso County, the area has reached a 15-year high for homebuilding. The area's housing market, whic...

Top 25 housing market in the country heading into 2021

Dec 7, 2020 Real Estate

Mon, 07 December 2020 | Agent Websites

Top 25 housing market in the country heading into 2021

Millions of Americans have embraced the work-from-home life. And the shift toward remote working is beginning to influence where people call home. A new report from Realtor.com identified the housi...

Homesnap predicts: Low inventory and rising prices to continue in 2021

Dec 4, 2020 For Buyers

Fri, 04 December 2020 | Agent Websites

Homesnap predicts: Low inventory and rising prices to continue in 2021

While a large amount of buyers have continued to seek their dream home during the pandemic, inventory has declined and median sales have slowly increased. Based on an analysis of data from 2018 thr...

Dec 3, 2020 For Buyers

Thu, 03 December 2020 | Agent Websites

December: Best month to buy a home

Ever since states began easing restrictions on home showings and COVID-related business closures in late spring, the housing market has seen a flurry of homebuyer activity spurred by low interest rate...

October contract signings was up 20.2 percent from last year's levels: NAR

Dec 2, 2020 Real Estate

Wed, 02 December 2020 | Agent Websites

October contract signings was up 20.2 percent from last year's levels: NAR

The number of pending home sales is far outpacing last year’s totals, according to data released Monday by the National Association of Realtors. October’s Pending Home Sales Index (PHSI), a for...

Planning to rent? things you need to be aware of Today's realities

Dec 1, 2020 For Renters

Tue, 01 December 2020 | Agent Websites

Planning to rent? things you need to be aware of Today's realities

Buying a house in this era of the coronavirus is an intensive experience: homes are selling faster than anyone imagined. You might think that renting is a temporary solution, but you should be aware o...

Eight things you need to know before buying new construction in 2020

Nov 30, 2020 Real Estate

Mon, 30 November 2020 | Agent Websites

Eight things you need to know before buying new construction in 2020

With heated real estate markets throughout so many areas of the country, new construction is no exception. This sector of the market has been fast moving as the pandemic has motivated people to seek s...

Amount of mortgage purchases grows as rates hit all-time low

Nov 25, 2020 For Buyers

Wed, 25 November 2020 | Agent Websites

Amount of mortgage purchases grows as rates hit all-time low

Mortgage purchases and refinances ballooned this week as the average mortgage rate fell from 2.99 percent to 2.92 percent for a 30-year fixed-rate mortgage, a record low for the Mortgage Bankers Assoc...

Be careful: second-generation Ring video doorbells catching fire

Nov 24, 2020 Product

Tue, 24 November 2020 | Agent Websites

Be careful: second-generation Ring video doorbells catching fire

The US Consumer Product Safety Commission received 23 reports of second-generation Ring doorbells catching fire Amazon has recalled more than 350,000 of its second generation smart doorbells follow...

Jefferson County opens survey about short-term rentals

Nov 23, 2020 For Renters

Mon, 23 November 2020 | Agent Websites

Jefferson County opens survey about short-term rentals

Jefferson County is seeking input from the public about short-term rentals in the unincorporated part of the county as part of a process to modify housing regulations. Currently, short-term rentals...

DOJ has filed an antitrust lawsuit against NAR, alleges illegal restraints on Realtor competition

Nov 20, 2020 Real Estate

Fri, 20 November 2020 | Agent Websites

DOJ has filed an antitrust lawsuit against NAR, alleges illegal restraints on Realtor competition

Proposed settlement would require the trade group to repeal or change several rules the US Department of Justice deems anticompetitive The U.S. Department of Justice has filed an antitrust lawsuit ...

Home prices rise in opportunity zones in the third quarter of 2020

Nov 19, 2020 Real Estate

Thu, 19 November 2020 | Agent Websites

Home prices rise in opportunity zones in the third quarter of 2020

Median home prices increased in 74 percent of opportunity zones year over year, and rose by more than 10 percent in more than half of these zones, according to Attom Data Solution’s third quarter op...

Home Sales to reach 490K in November, 519k in December, according to MoxiWorks

Nov 18, 2020 Real Estate

Wed, 18 November 2020 | Agent Websites

Home Sales to reach 490K in November, 519k in December, according to MoxiWorks

MoxiWorks, a real estate tech platform and marketing agency, projects a total of 490,000 U.S. home sales in November and 519,000 in December. According to data from the National Association of Realtor...

NAR’s Yun says median home price going up “too fast”

Nov 17, 2020 Real Estate

Tue, 17 November 2020 | Agent Websites

NAR’s Yun says median home price going up “too fast”

Record-low housing inventory and low mortgage rates has driven home price increases throughout the year. The National Association of Realtors is saying that the median single-family home price grew ye...

Aspen: Where are all these homebuyers coming from?

Nov 16, 2020 Real Estate

Mon, 16 November 2020 | Agent Websites

Aspen: Where are all these homebuyers coming from?

Throughout the summer and fall, Aspen locals have seen plenty of evidence of people visiting or moving here from different parts of the country. There seems to be a noticeable increase in vehicles wit...

Report shows Colorado Springs is not the only city with soaring housing costs

Nov 13, 2020 Real Estate

Fri, 13 November 2020 | Agent Websites

Report shows Colorado Springs is not the only city with soaring housing costs

Colorado Springs has plenty of company when it comes to soaring housing costs. Single-family home prices in the Springs rose by a robust 13.6% in the third quarter when compared with the same perio...

Avoid these five big mistakes when buying your first home

Nov 12, 2020 For Buyers

Thu, 12 November 2020 | Agent Websites

Avoid these five big mistakes when buying your first home

Buying a home is often accompanied by anxiety, which is amplified for those seeking home ownership for the first time. It’s easy to get overwhelmed and easier to fall into a few common traps. Here a...

Four of the five best cities to live in America are in Colorado

Nov 11, 2020 Real Estate

Wed, 11 November 2020 | Agent Websites

Four of the five best cities to live in America are in Colorado

Colorado cities took four of the top five spots in the U.S. News and World Report listing of the Best Places to Live in the country in 2020-2021. Boulder took the top spot in the annual list, with ...

Since the start of the pandemic Denver has seen rents declining

Nov 10, 2020 For Renters

Tue, 10 November 2020 | Agent Websites

Since the start of the pandemic Denver has seen rents declining

The online real estate company Apartment List has been tracking a steady decline in Denver rents since the start of the pandemic. The analysis from apartment list put the median for a two-bedroom a...

The 25 hottest denver neighborhoods for young professionals in 2020

Nov 9, 2020 Real Estate

Mon, 09 November 2020 | Agent Websites

The 25 hottest denver neighborhoods for young professionals in 2020

Sixty-three percent of millennials working from home across the U.S. are planning on buying a house directly as a result of their ability to work remotely, according to survey results released Wednesd...

Buyers, beware: The 12 myths of first-time home buying

Nov 6, 2020 Real Estate

Fri, 06 November 2020 | Agent Websites

Buyers, beware: The 12 myths of first-time home buying

Here’s what Andrew Hall said about his experience buying his first home:“Annoying.’’ “There was a lot of hearsay’’ in the deal, Hall explained in an e-mail.“I kept wishing I could s...

Highlights of a competitive housing market

Nov 5, 2020 Real Estate

Thu, 05 November 2020 | Agent Websites

Highlights of a competitive housing market

The nationwide housing market has been surprisingly strong throughout 2020. That said, some cities are experiencing higher demand than others. Denver is one such city. Earlier this year, median sale p...

Unexpected boom to small Colorado town due Covid-19

Nov 4, 2020 Market Trend

Wed, 04 November 2020 | Agent Websites

Unexpected boom to small Colorado town due Covid-19

Rural areas around the country are seeing their economies improve as city dwellers working remotely look for places to ride out the pandemic. SALIDA, Colo. — The last of the aspen and cottonwood ...

This Colorado Springs apartment community has the lowest density rate in the area

Nov 3, 2020 Real Estate

Tue, 03 November 2020 | Agent Websites

This Colorado Springs apartment community has the lowest density rate in the area

Colorado-based developer Etkin Johnson Real Estate Partners, recently completed FalconView, a 288-unit apartment community located near the intersection of I-25 and InterQuest Parkway in Northern Colo...

Homeowners and renters will receive help from colorado housing connects

Nov 2, 2020 Real Estate

Mon, 02 November 2020 | Agent Websites

Homeowners and renters will receive help from colorado housing connects

Colorado Housing Connects received a grant for $927,000 last month to help the organization serve people struggling to pay rent or keep their homes. Since the start of the pandemic, they have received...

Find a Sustainable 1-Bedroom Condo Among RiNo's Restaurant Row in Denver

Oct 30, 2020 Real Estate

Fri, 30 October 2020 | Agent Websites

Find a Sustainable 1-Bedroom Condo Among RiNo's Restaurant Row in Denver

Sushi-spot Uchi is just the beginning of the dining options within two blocks—including Il Posto, Barcelona Wine Bar and tapas, Work & Class, Cart-Driver southern Italian, and The Ramble Hotel �...

Oct 29, 2020 Real Estate

Thu, 29 October 2020 | Agent Websites

Colorado Springs ranks as nation's "most confident" metro area, according to survey

Several times, Colorado Springs has been one of the most desirable places to live and now has another No. 1 ranking to add to its trophy case, having one of the hottest housing markets. LinkedIn, t...

Maximize your tax refund with the CARES Act

Oct 28, 2020 Market Trend

Wed, 28 October 2020 | Agent Websites

Maximize your tax refund with the CARES Act

Roof coatings, which the IRS classifies as a maintenance expense, can be deducted in the current year as well. The Coronavirus Aid, Relief, and Economic Security Act was passed in late March, short...

Denver is experiencing its most competitive housing market in history

Oct 27, 2020 Real Estate

Tue, 27 October 2020 | Agent Websites

Denver is experiencing its most competitive housing market in history

It’s a destination for tech workers fleeing the pricey Bay Area and for metropolitan East Coasters looking for more expansive outdoor space. The new work-from-anywhere culture of the coronavirus pan...

Reasons buyers should pull the trigger this season

Oct 26, 2020 For Buyers

Mon, 26 October 2020 | Agent Websites

Reasons buyers should pull the trigger this season

What better advertisement for residential real estate than a government-mandated sheltering in place? While that seems ancient history now, our homes were required (and still are) to function as offic...

Seller projects that'll help buyers fall in love

Oct 23, 2020 Real Estate

Fri, 23 October 2020 | Agent Websites

Seller projects that'll help buyers fall in love

If homeowners could see their properties through buyers’ eyes, our jobs would be so much easier. Providing that buyer’s-eye view is something you, as their agent, need to do whenever they decide t...

Rent prices for single-family homes rising again

Oct 22, 2020 For Renters

Thu, 22 October 2020 | Agent Websites

Rent prices for single-family homes rising again

Rent price growth across the country rose above 2 percent for the first time since the pandemic started. According to the latest data released by CoreLogic on Tuesday, nationwide rent for a single-...

First-time sellers? Set home buyers expectations with these 7 truths

Oct 21, 2020 Real Estate

Wed, 21 October 2020 | Agent Websites

First-time sellers? Set home buyers expectations with these 7 truths

How buyers find their new home has changed dramatically, and maybe even permanently, this year. Remember that what’s normal for us now is all new to sellers — especially the first-timers Charac...

Why FSBOs fail epically even in a hot market

Oct 20, 2020 Real Estate

Tue, 20 October 2020 | Agent Websites

Why FSBOs fail epically even in a hot market

With so many red hot real estate markets across the country, DIY-minded sellers might get ahead of themselves and decide they can sell their own home. With low inventory levels and sky-high prices...

Since 2010 average apartment shrank 9.7%

Oct 19, 2020 Market Trend

Mon, 19 October 2020 | Agent Websites

Since 2010 average apartment shrank 9.7%

Centrally located, small and more affordable living spaces dominated the past decade, according to new data released by RCLCO Real Estate Advisors The average apartment unit size shrank by about 9....

Since 2017 median home prices see greatest annual growth

Oct 16, 2020 Market Trend

Fri, 16 October 2020 | Agent Websites

Since 2017 median home prices see greatest annual growth

The U.S. median home price stayed near its summer peak of $350,000 and hit record-high year-over-year growth of 12.9 percent during the first week of October, according to realtor.com’s weekly housi...

Suburban living: New trend for millennials with kids

Oct 15, 2020 Market Trend

Thu, 15 October 2020 | Agent Websites

Suburban living: New trend for millennials with kids

According to surveys from the National Association of Realtors, millennials with kids are showing an increased desire for bigger homes and larger yards than they did before the coronavirus pandemic. ...

Mortgage rates have been looking good: How low will they go?

Oct 14, 2020 Real Estate

Wed, 14 October 2020 | Agent Websites

Mortgage rates have been looking good: How low will they go?

The big story Mortgage rates have been remarkably low for quite a while now, and there are a few reasons as to why. Part of this has to with the notable recent volatility of tech stocks such as App...

10 reasons buyers are swiping left on your listing

Oct 13, 2020 Real Estate

Tue, 13 October 2020 | Agent Websites

10 reasons buyers are swiping left on your listing

Sellers must learn how to manage the 7-10 seconds a potential buyer will spend on their listing. If buyers don't like something, it’s on to the next one. As COVID-19 restrictions continue to ...

Three marketing ideas for luxury listings during the holidays

Oct 12, 2020 Real Estate

Mon, 12 October 2020 | Agent Websites

Three marketing ideas for luxury listings during the holidays

It’s been a challenging year, to say the least. Believe it or not, it’s coming to a close, which means the holidays are right around the corner. But because this year is the unusual year that it i...

Bridge Investment Group bought Pembrooke on the Green apartments for $163 million

Oct 9, 2020 Real Estate

Fri, 09 October 2020 | Agent Websites

Bridge Investment Group bought Pembrooke on the Green apartments for $163 million

A Salt Lake City-based real estate investment management firm added to its Colorado holdings with the highest-priced multifamily deal to close to date this year in the Denver metro area. Bridge Inv...

Four Colorado Cities Make Livability.com Top 100 List

Oct 8, 2020 Real Estate

Thu, 08 October 2020 | Agent Websites

Four Colorado Cities Make Livability.com Top 100 List

Fort Collins Ranked Number One in the Nation; Longmont, Castle Rock, Loveland Named in Top 50 Fort Collins, Colorado, has been ranked the number one city in America by Livability.com, outpacing mor...

Intense market demand: New median US home price record

Oct 7, 2020 Real Estate

Wed, 07 October 2020 | Agent Websites

Intense market demand: New median US home price record

Amid intense market demand and low inventory, the U.S. median home price hit a record high of $319,769 in the 4 weeks ending September 27, according to data from Redfin. The 14 percent year-over-ye...

Now Denver has one of the most competitive housing markets in America

Oct 6, 2020 Real Estate

Tue, 06 October 2020 | Agent Websites

Now Denver has one of the most competitive housing markets in America

In September, Denver had a record-low number of homes for sale, not by a little, but by nearly half. There were 3,041 single-family homes listed for sale, down from the previous low of 5,693 in Septem...

How real estate market is managing through COVID-19

Oct 5, 2020 Real Estate

Mon, 05 October 2020 | Agent Websites

How real estate market is managing through COVID-19

As the repercussions of COVID-19 began to unfold, CBRE – and the world – saw building after building close in quick succession. Property managers rushed skillfully in the flurry of closings to ide...

Commercial real estate in metro Denver is improving

Oct 2, 2020 Real Estate

Fri, 02 October 2020 | Agent Websites

Commercial real estate in metro Denver is improving

If the last recession walloped overstretched housing markets, commercial real estate brokers in Denver are bracing for the hardest blows to come their way this time around. But they also remain hopefu...

How to make your home cozy, comfy, warm and inviting to help sell it quicker and for a great price

Oct 1, 2020 Real Estate

Thu, 01 October 2020 | Agent Websites

How to make your home cozy, comfy, warm and inviting to help sell it quicker and for a great price

Have you ever stumbled upon a photo of a home that looks cozy and beautifully decorated, and then wish that your home looked like that? Creating an inviting home that feels warm, comfy, and friendly i...

Aspen Heights Partners has started construction on luxury multifamily project in Lakewood

Sep 30, 2020 Real Estate

Wed, 30 September 2020 | Agent Websites

Aspen Heights Partners has started construction on luxury multifamily project in Lakewood

Aspen Heights Partners, a vertically integrated real estate developer of lifestyle-oriented residential communities, has started construction on a 351-unit multifamily community on Wadsworth Boulevard...

Checklist: 5 must-do's for sellers in today's market

Sep 29, 2020 Real Estate

Tue, 29 September 2020 | Agent Websites

Checklist: 5 must-do's for sellers in today's market

Unfortunately, we are going into yet another month of the COVID-19 pandemic. People across the country have been forced to realize this as a new normal, with a new set of rules that govern our lives d...

3 low cost actions that help home-sellers achieve 'sky-high ROI'

Sep 28, 2020 Real Estate

Mon, 28 September 2020 | Agent Websites

3 low cost actions that help home-sellers achieve 'sky-high ROI'

Buying a house is the biggest investment in most people’s lives, a house represents a powerful emotional space. As the pandemic has reminded us, no place in life is more important than “home.” ...

Demands and expectations of the perfect home have changed

Sep 25, 2020 Real Estate

Fri, 25 September 2020 | Agent Websites

Demands and expectations of the perfect home have changed

Among all the shifts that have happened this year, the fact that businesses rely on a distributed workforce has become an accepted fact; as a result, we know homeowners spend the majority of their tim...

Helping buyers make their second homes into their first homes

Sep 24, 2020 Real Estate

Thu, 24 September 2020 | Agent Websites

Helping buyers make their second homes into their first homes

For many luxury buyers, a dream home is within reach — in fact, they might already own one. As homeowners adapt to remote work, it’s easier than ever to live full-time in vacation properties and l...

Real estate developer Urban Frontier Inc. proposes Residence Inn near Children’s Hospital Broomfield campus

Sep 23, 2020 Real Estate

Wed, 23 September 2020 | Agent Websites

Real estate developer Urban Frontier Inc. proposes Residence Inn near Children’s Hospital Broomfield campus

Denver real estate developer Urban Frontier Inc. has submitted plans to build a 119-unit Residence Inn near a key junction near Interstate 25 in Broomfield. According to site plans submitted to Bro...

Denver Metro’s real estate market sales have not stopped going into the fall

Sep 22, 2020 Real Estate

Tue, 22 September 2020 | Agent Websites

Denver Metro’s real estate market sales have not stopped going into the fall

Over the past few months, the Denver Metro real estate market has shown strength and resilience. Despite the uncertainties of the fall quickly approaching, such as the start of cold and flu season, th...

Covid-19 has pushed for safer office builds

Sep 21, 2020 Market Trend

Mon, 21 September 2020 | Agent Websites

Covid-19 has pushed for safer office builds

Colorado’s developers and architects normally design office buildings to be resilient in the face floods, fires and those seemingly ever-changing tenant tastes. And while the desire for office space...

Why 'Missing Middle Housing' should become popular again

Sep 18, 2020 Real Estate

Fri, 18 September 2020 | Agent Websites

Why 'Missing Middle Housing' should become popular again

Housing harkening back to the 1940s could be just what the market needs in 2020. Duplexes, fourplexes, cottage courts, and courtyard buildings are all examples of “missing middle housing,” a conce...

Tips to get your listing ready for a 360 Virtual Tour

Sep 17, 2020 Real Estate

Thu, 17 September 2020 | Agent Websites

Tips to get your listing ready for a 360 Virtual Tour

COVID-19 crisis has been bringing so many changes and the demand for 360-degree virtual home tours is one of them. Buyers and sellers alike want options to view homes remotely and keep everyone involv...

Airbnb is having a new trend... long-term bookings are on the rise

Sep 16, 2020 Market Trend

Wed, 16 September 2020 | Agent Websites

Airbnb is having a new trend... long-term bookings are on the rise

Airbnb has experienced a wave of ups and downs over the course of the pandemic, and now, bookings appear to be on the upswing again as the company experienced a 22 percent year-over-year increase in c...

Newly upgraded Castle Rock day care has a new owner

Sep 15, 2020 Real Estate

Tue, 15 September 2020 | Agent Websites

Newly upgraded Castle Rock day care has a new owner

A new owner-user purchased a retail property in Castle Rock for $1.13 million and will bring its early learning center to the space. Buyer 1354 Park St LLC purchased the 5,797-square-foot retail pr...

Average sold price of homes in metro Denver for August surpasses a record $600,000

Sep 14, 2020 Real Estate

Mon, 14 September 2020 | Agent Websites

Average sold price of homes in metro Denver for August surpasses a record $600,000

Even though single-family homes and condominiums available for sale in August were down approximately 50 percent from a year ago, buyers were still snatching up homes in rapid fashion. A total of 5,59...

Luxury Home Market in America is Boosting Economic Recover

Sep 11, 2020 Market Trend

Fri, 11 September 2020 | Agent Websites

Luxury Home Market in America is Boosting Economic Recover

Demand for big-ticket second homes is propping up the housing sector of the economy, according to the National Association of Realtors (NAR). Stay-at-home orders and social distancing have put a new v...

Buyers Close on Record Number of Homes and Condos in July

Sep 10, 2020 Real Estate

Thu, 10 September 2020 | Agent Websites

Buyers Close on Record Number of Homes and Condos in July

Ignoring both the pandemic and a dismal economy, buyers in metro Denver closed on a record number of homes in July, driving sales prices to record highs, according to the Denver Metro Association of R...

Advantages of hiring a real estate agent

Sep 9, 2020 Real Estate

Wed, 09 September 2020 | Agent Websites

Advantages of hiring a real estate agent

The process of buying or selling a house can be very stressful without help. Hiring a real estate agent can be really helpful for the process, here is our list of the top six benefits: MoneyNo mat...

Plans to build a 1M sf of office space at Peña Station Next

Sep 8, 2020 Market Trend

Tue, 08 September 2020 | Agent Websites

Plans to build a 1M sf of office space at Peña Station Next

KDC a leading developer of corporate build-to-suit campus projects, entered a partnership with master developer L.C. Fulenwider Inc. to build the new project of more than 1 million square feet of buil...

How do capitalization rates impact commercial real estate values?

Sep 7, 2020 Real Estate

Mon, 07 September 2020 | Agent Websites

How do capitalization rates impact commercial real estate values?

Commercial property values recently were hitting peaks with investors rushing to invest in high-quality commercial real estate as yields on other assets like Treasurys continued to languish. Now the t...

Fear of loss hits Denver housing market?

Sep 4, 2020 Real Estate

Fri, 04 September 2020 | Agent Websites

Fear of loss hits Denver housing market?

Despite the consequences that COVID-19 brought for the economy, Denver real estate market has not slowed down. Sales have actually accelerated in recent months, and bidding wars that had seemed a thin...

Sep 3, 2020 Real Estate

Thu, 03 September 2020 | Agent Websites

What is next for Colorado's real estate market

The number of homes and condos sold in July, was a record in Denver. Something the Denver Metro Association of Realtors (DMAR) said indicates the housing market is detached from the struggles of the n...

Sep 2, 2020 Market Trend

Wed, 02 September 2020 | Agent Websites

6 Real estate trends for fall

The coronavirus crisis has brought “unprecedented” changes.The U.S. economy has experienced a record jump in unemployment, record-low mortgage rates and a whipsawing stock market. All of that leav...

Housing Market: one of the hottest trends in a pandemic

Sep 1, 2020 Market Trend

Tue, 01 September 2020 | Agent Websites

Housing Market: one of the hottest trends in a pandemic

As consequence of the Covid-19, an interesting phenomenon was occurring across the country. Americans have been moving. In fact, the National Association of Realtors found in their recent June report ...

Real estate trends that have emerged from the covid-19

Aug 31, 2020 Market Trend

Mon, 31 August 2020 | Agent Websites

Real estate trends that have emerged from the covid-19

Today’s real estate trends reflect the reality that, after months of quarantine, Americans who have not been economically impacted by the pandemic are looking at their homes and realizing that they ...

Faustson tool founder plans a new project in sun valley

Aug 28, 2020 Real Estate

Fri, 28 August 2020 | Agent Websites

Faustson tool founder plans a new project in sun valley

The founder of an Arvada-based aerospace products manufacturer plans to build nine-story apartment building in Denver’s Sun Valley neighborhood. The project, submitted earlier this month, would be d...

Mortgage rates experienced some volatility

Aug 27, 2020 Market Trend

Thu, 27 August 2020 | Agent Websites

Mortgage rates experienced some volatility

Housing statistics of the past week's has showed that recovery from the economic impact of the coronavirus has been much faster than anticipated. Last month, sales of previously owned (existing) h...

New project is completed in Denver's Capitol Hill neighborhood

Aug 26, 2020 Real Estate

Wed, 26 August 2020 | Agent Websites

New project is completed in Denver's Capitol Hill neighborhood

The $6.6 million recently completed construction by Taylor Kohrs is a low-income housing tax credit project in Denver’s Capitol Hill neighborhood. The wood-frame building is 26,022 square feet in fi...

Hottest ZIP codes in the USA: Colorado Springs first on the list

Aug 25, 2020 Real Estate

Tue, 25 August 2020 | Agent Websites

Hottest ZIP codes in the USA: Colorado Springs first on the list

Millennials keep moving away from cities during the pandemic looking for more affordable housing and space to raise a family, according to Realtor.com’s annual list of hottest ZIP codes in the USA. ...

Lone Tree’s first affordable residential project

Aug 24, 2020 Real Estate

Mon, 24 August 2020 | Agent Websites

Lone Tree’s first affordable residential project

Two new residential projects are planned for the RidgeGate community in Lone Tree at the transit-oriented district site on the east side of the community: a market-rate apartment complex and housing ...

Despite Covid-19, Colorado’s housing market broke records this summer

Aug 20, 2020 Market Trend

Thu, 20 August 2020 | Agent Websites

Despite Covid-19, Colorado’s housing market broke records this summer

The real estate market across Colorado broke records in July as buyers raced to snap up a dwindling supply of homes for sale. A record 10,771 single-family homes sold statewide, increasing 15.7% co...

Denver's average single-family home price hit a record in July 2020

Aug 19, 2020 Market Trend

Wed, 19 August 2020 | Agent Websites

Denver's average single-family home price hit a record in July 2020

Despite to dismal economy due to COVID-19, Denver’s average single-family home price exceeds $600,000 for first time. Last month 6,664 homes sold in the 11-county Denver Metro, according to the late...

Covid-19 and impact on investment property market

Aug 18, 2020 Market Trend

Tue, 18 August 2020 | Agent Websites

Covid-19 and impact on investment property market

Hindsight is classically 20-20, but it’s difficult to imagine that on Jan. 1, 2020, any participant in Colorado’s retail investment market could’ve accurately predicted the dramatic shift we enc...

Denver Metro Area Weekly housing market statistics: August 10, 2020

Aug 10, 2020 Real Estate

Mon, 10 August 2020 | Agent Websites

Denver Metro Area Weekly housing market statistics: August 10, 2020

These are the highlights of week-to-week market statistics for Denver Metro Area: The Median Closed Price for homes was $468,500, 2% increase from last week and 10% higher than this week last yea...

Today’s Buyers Are Serious about Purchasing a Home

Aug 4, 2020 For Buyers

Tue, 04 August 2020 | Agent Websites

Today’s Buyers Are Serious about Purchasing a Home

Today’s homebuyers are not just talking about their plans, they’re actively engaged in the buying process – and they’re serious about it. A recent report by the National Association of Home Bu...

Key indicators show that denver is not entering a housing bubble

Aug 1, 2020 Market Trend

Sat, 01 August 2020 | Agent Websites

Key indicators show that denver is not entering a housing bubble

Ever since the onset of the COVID-19 pandemic, there have been whispers of a housing bubble forming in the Denver Metro real estate market. With the virus scaring consumers out of the marketplace in t...

Low mortgage rates drive record housing market rebound of 20% in June 2020

Jul 25, 2020 Market Trend

Sat, 25 July 2020 | Agent Websites

Low mortgage rates drive record housing market rebound of 20% in June 2020

The economy may be on life support due to COVID-19, but housing sales across the nation soared in June 2020, according to a report from the National Association of Realtors. It found that housing sale...

Address	6020 Greenwood Plaza Blvd Greenwood Village, CO 80111 USA
Direct	(303) 930-5122
Cell	(303) 549-1070
Office	(303) 771-9400
Email	STEVENPROCTOR@REMAX.NET

Steve Proctor News