News from Steve Proctor, Realtor in Colorado

Colorado Association of Realtors Reports that Homebuyers are Making Gains in the Current Market

Dec 1, 2022 About Me

Thu, 01 December 2022 | Agent Websites

Colorado Association of Realtors Reports that Homebuyers are Making Gains in the Current Market

The Colorado Association of Realtors (CAR), in its October 2022 Market Trends report, says that, overall, there are more homes on the market and that listings are on the market for a longer period of ...

Metro Denver Inventory Reaches Highest Level Since 2013 as Affordability Continues to Plague Both Buyers and Sellers

Nov 22, 2022 About Me

Tue, 22 November 2022 | Agent Websites

Metro Denver Inventory Reaches Highest Level Since 2013 as Affordability Continues to Plague Both Buyers and Sellers

South Metro Denver REALTOR® Association October Market Report States that Winter Opportunities are Available for Those Wishing to Avoid the Spring Rush The South Metro Denver REALTOR® Association...

Upgrading Your Home’s Insulation Can Save Significantly on Energy Costs

Nov 15, 2022 About Me

Tue, 15 November 2022 | Agent Websites

Upgrading Your Home’s Insulation Can Save Significantly on Energy Costs

When properly installed, insulation does an impressive job saving energy costs. The U.S. Department of Energy’s Office of Energy & Renewable Energy reports you can save, on average, up to 200 perce...

Five Budget-Friendly Home Renovation Ideas

Nov 14, 2022 About Me

Mon, 14 November 2022 | Agent Websites

Five Budget-Friendly Home Renovation Ideas

Does your home need a little remodeling or renovation in some rooms to make it more appealing while increasing the value when it’s time to sell? Most older homes can use some updating, and if you�...

Nov 11, 2022 About Me

Fri, 11 November 2022 | Agent Websites

What is Water Backup Coverage?

Water backup coverage is one of the most useful homeowners insurance endorsements, protecting your home and personal property from sewage or sump pump backups. Standard homeowners insurance general...

Interest Rates Rise, Inventory is Down, New Listings Drop in October

Nov 10, 2022 About Me

Thu, 10 November 2022 | Agent Websites

Interest Rates Rise, Inventory is Down, New Listings Drop in October

Unfortunately, inflation is still close to a 40-year high, and as a result, the Fed raised interest rates by 0.75 percentage points in October. This is the sixth hike this year. The Fed is expected ...

Six Ways to Declutter Your Kitchen for Efficiency and a Better Look

Nov 7, 2022 About Me

Mon, 07 November 2022 | Agent Websites

Six Ways to Declutter Your Kitchen for Efficiency and a Better Look

Following are six easy ways to declutter your kitchen, especially with the holidays just around the corner. Papers: Takeout menus, appliance manuals, kids’ drawings, and old shopping lists can cl...

Winter Home Maintenance Checklist: Final of Four Parts

Nov 4, 2022 About Me

Fri, 04 November 2022 | Agent Websites

Winter Home Maintenance Checklist: Final of Four Parts

Winterizing your home ahead of time is essential but responding to issues is even more important. Winter can really wreck havoc on your home, but your wintry home maintenance can prevent issues before...

Nov 1, 2022 About Me

Tue, 01 November 2022 | Agent Websites

17 of Denver’s Best Happy Hours

Happy hour is practically an institution in Denver, especially on those beautiful fall days when the air is cool, the sun is shining, and a patio is begging you to cut out of work a little early. Luck...

Fall Home Maintenance Checklist: Part Four

Oct 28, 2022 About Me

Fri, 28 October 2022 | Agent Websites

Fall Home Maintenance Checklist: Part Four

Depending on what part of the country you live in, you may not need to pack up that hammock as Autumn rolls in. But once the leaves begin to fall and the air begins to cool, it’s time to begin prep...

A New Social Media Challenge Could Make You More Susceptible to Car Theft

Oct 25, 2022 About Me

Tue, 25 October 2022 | Agent Websites

A New Social Media Challenge Could Make You More Susceptible to Car Theft

As you may have heard in the news, car thefts are up, in some parts of the country. Authorities are attributing the increase to a new social media challenge that encourages teens and young adults ...

Best Renovations to Increase Your Home’s Equity

Oct 21, 2022 About Me

Fri, 21 October 2022 | Agent Websites

Best Renovations to Increase Your Home’s Equity

Home equity is the amount you get when you subtract the outstanding balance you owe on any mortgages from your home’s market value. Home equity increases when you make payments on your mortgage, wh...

Bi-Annual Home Maintenance Checklist: Part II

Oct 19, 2022 About Me

Wed, 19 October 2022 | Agent Websites

Bi-Annual Home Maintenance Checklist: Part II

Not every part of your home needs a monthly checkup. Perform these home improvement tasks just twice a year to keep your home healthy. Inspect your attic and basement. Look for any cracks in the ...

Oct 18, 2022 About Me

Tue, 18 October 2022 | Agent Websites

Fall Maintenance Tips

With these maintenance basics completed you will enjoy the comforts of home all season long and protect your investment, too. Clear gutters of leaves, sticks, and other debris. This may need to be ...

Oct 14, 2022 About Me

Fri, 14 October 2022 | Agent Websites

8 Things Homeowners Do (& Don't) Regret

A house may be the largest asset you’ll ever own. Between buying a home and selling it, it's important to make smart decisions. There are common regrets (and non-regrets) homeowners have about ...

RE/MAX Masters Millennium of Greenwood Village Achieves 100 Percent Participation with REALTORS® Political Action Committee

Oct 13, 2022 About Me

Thu, 13 October 2022 | Agent Websites

RE/MAX Masters Millennium of Greenwood Village Achieves 100 Percent Participation with REALTORS® Political Action Committee

GREENWOOD VILLAGE – James T. Wanzeck, Managing Broker and owner of RE/MAX Masters Millennium of Greenwood Village, is proud to announce that the leading real estate brokerage has achieved 100 percen...

Is Denver a Good Market for Rental Property Investments?

Oct 10, 2022 About Me

Mon, 10 October 2022 | Agent Websites

Is Denver a Good Market for Rental Property Investments?

A third of the metro Denver area is comprised of rental properties. Since housing inventory is scarce, prices are going up much faster than wages, and the younger population is more comfortable renti...

5280 Magazine's Best 25 Best Restaurants in Denver 2022

Oct 5, 2022 About Me

Wed, 05 October 2022 | Agent Websites

5280 Magazine's Best 25 Best Restaurants in Denver 2022

THE GREENWICH RiNo The Greenwich is motivating us to eat more vegetables, one plate of Colorado-grown turnips, spinach, and potatoes at a time. Last summer, chef Justin Freeman moved to the Mile Hig...

Median Price for Single-Family Home Falls for Fourth Straight Month

Sep 29, 2022 About Me

Thu, 29 September 2022 | Agent Websites

Median Price for Single-Family Home Falls for Fourth Straight Month

The median price for a single-family home in the metro Denver area and across Colorado fell for a fourth straight month, signaling a return to a “somewhat normal” market, according to the Colorado...

Average Home Price in Colorado Declines by $5,665 from June Through August

Sep 28, 2022 About Me

Wed, 28 September 2022 | Agent Websites

Average Home Price in Colorado Declines by $5,665 from June Through August

Home prices continued to rise this summer in all but eight states, including Colorado, which has averaged some of the steepest price drops of any state since June, according to an analyst from QuoteWi...

With Mortgage Rates Rising, Here Are Six Ways to Negotiate a Lower Rate

Sep 22, 2022 About Me

Thu, 22 September 2022 | Agent Websites

With Mortgage Rates Rising, Here Are Six Ways to Negotiate a Lower Rate

If you’re a prospective homebuyer, rising mortgage rates are probably cause for concern. Higher mortgage rates could price some people out of the market. There are, however, several ways to negoti...

It’s Time to Complete Your Fall Season Home Maintenance Tasks

Sep 21, 2022 About Me

Wed, 21 September 2022 | Agent Websites

It’s Time to Complete Your Fall Season Home Maintenance Tasks

Summer is on the wane and the fall season is just around the corner. That means welcome changes are afoot: a painter’s pallet of beautiful reds, oranges, and greens on trees, cooler weather for hik...

Is Denver a Good Place to Invest in Real Estate?

Sep 16, 2022 About Me

Fri, 16 September 2022 | Agent Websites

Is Denver a Good Place to Invest in Real Estate?

Should you consider investing in real estate in Metro Denver? You need to drill deeper into trends if you want to know what the market holds for real estate investors and buyers this year and in 2023...

Metro Denver Real Estate Market Forecast for 2022 and 2023

Sep 15, 2022 Real Estate

Thu, 15 September 2022 | Agent Websites

Metro Denver Real Estate Market Forecast for 2022 and 2023

Metro Denver real estate market predictions for the balance of 2022 and through most of the first half of 2023 points toward positive growth in home prices, according to some real estate observers and...

The 10 Best Roadhouses and Après-Adventure Hot Spots in Colorado

Sep 13, 2022 About Me

Tue, 13 September 2022 | Agent Websites

The 10 Best Roadhouses and Après-Adventure Hot Spots in Colorado

Sipping a beverage after an adventure—in the woods, on the water, on a sheer rock—holds a special place for Coloradans. It is the exclamation point to any outdoor escapade and signals a triumphant...

Summer’s Cooling Real Estate Scene Shifts Market to More Realistic Balance in August

Sep 12, 2022 Real Estate

Mon, 12 September 2022 | Agent Websites

Summer’s Cooling Real Estate Scene Shifts Market to More Realistic Balance in August

July 2022 showed a summer market that is receiving a “cooling off” condition, but it’s still not enough to push metro Denver’s current seller’s market to a buyer’s market. Data ...

Paint Your Garage Floor to Protect From Oil Stains While Enhancing Appearance

Sep 9, 2022 Real Estate

Fri, 09 September 2022 | Agent Websites

Paint Your Garage Floor to Protect From Oil Stains While Enhancing Appearance

You can protect your garage floor from oil stains and update the entire space’s appearance with just a couple of coats of epoxy paint. All you need is a weekend to get started. Part-time workshop,...

Denver Housing Market Sees Significant Shift but Still Not a Buyer's Market

Sep 8, 2022 Real Estate

Thu, 08 September 2022 | Agent Websites

Denver Housing Market Sees Significant Shift but Still Not a Buyer's Market

The pendulum is swinging in the Denver metro housing market, now favoring buyers more than it has the past two years. Inventory is up 17% from this time last year, and houses stayed on the market a...

Economists Warn of Impending Drop in Housing Prices

Sep 2, 2022 Real Estate

Fri, 02 September 2022 | Agent Websites

Economists Warn of Impending Drop in Housing Prices

During COVID and as interest rates fell, the demand for housing was high. Sellers were seeing their homes being valued at nearly double what they were in 2019. Now, things are about to get real, acc...

Five More of the Latest Bathroom Remodeling Trends: Part II

Sep 1, 2022 Real Estate

Thu, 01 September 2022 | Agent Websites

Five More of the Latest Bathroom Remodeling Trends: Part II

Here are five more of the latest bathroom remodeling trends for 2022 and 2023. Wood Accents Are Back and Trendier Than Ever: As mentioned in last week’s post, grey is slowly making its way out o...

Five of the Latest Bathroom Remodeling Trends: Part One

Aug 29, 2022 Real Estate

Mon, 29 August 2022 | Agent Websites

Five of the Latest Bathroom Remodeling Trends: Part One

The latest bathroom remodeling trends include the newest textures, patterns, sinks, vanities, and all sorts of things that are inspirational and will add value to your home when it’s time to sell. ...

Aug 26, 2022 Real Estate

Fri, 26 August 2022 | Agent Websites

America’s Richest Real Estate Investors

There are several billionaires in the United States who have made their fortunes primarily from real estate investments, which goes to show that real estate does pay, and many times handsomely. Many ...

These Colorado Companies are Among the Fastest-Growing in America

Aug 16, 2022 Real Estate

Tue, 16 August 2022 | Agent Websites

These Colorado Companies are Among the Fastest-Growing in America

Inc. Magazine included 146 Colorado-based companies Tuesday on its list of the 5,000 fastest-growing private ventures in the United States. The number of Colorado companies that made the Inc. 5000 ...

FOUR IN FIVE METRO AREAS NOTCHED DOUBLE-DIGIT PRICE GAINS IN Q2

Aug 12, 2022 About Me

Fri, 12 August 2022 | Agent Websites

FOUR IN FIVE METRO AREAS NOTCHED DOUBLE-DIGIT PRICE GAINS IN Q2

Despite escalating mortgage rates and slumping home sales in the second quarter of 2022, a greater number of markets experienced double-digit annual price gains compared to the prior quarter, accordin...

July Real Estate Market Show More Balance in Favor of Buyers

Aug 5, 2022 About Me

Fri, 05 August 2022 | Agent Websites

July Real Estate Market Show More Balance in Favor of Buyers

Metro Denver real estate market statistics for July 2022 shows a slight move to a more balanced state that favors buyers for the first time in months. The market is down 3.33 percent month-over-month...

What are the Most Popular Home Styles in Metro Denver?

Aug 4, 2022 Market Trend

Thu, 04 August 2022 | Agent Websites

What are the Most Popular Home Styles in Metro Denver?

When you visualize your dream home, what do you see? Is it modern and sleek, a cozy bungalow or a statelier Victorian abode? Do you want a split level, two stories, or do you want to keep it all on ...

Fun Things to Do in Denver, August 2 to August 8

Aug 3, 2022 About Me

Wed, 03 August 2022 | Agent Websites

Fun Things to Do in Denver, August 2 to August 8

From a burger showdown to a National Oyster Day feast, here are the best events in and around the Mile High City this week. SUNSET YOGA SERIES AT CATBIRD Get some midweek stress relief at this rec...

Mortgage Rates Moving LOWER After Fed Hikes by 0.75%

Jul 29, 2022 About Me

Fri, 29 July 2022 | Agent Websites

Mortgage Rates Moving LOWER After Fed Hikes by 0.75%

The Federal Reserve concluded one of its 8 regularly scheduled meetings in 2022 today. As expected, they announced a rate hike of 0.75%. But if you still think that means mortgage rates moved higher,...

Colorado Ranked Fourth for Business and Tourism

Jul 27, 2022 About Me

Wed, 27 July 2022 | Agent Websites

Colorado Ranked Fourth for Business and Tourism

A new study from a major cable news network compared all 50 states in 10 categories that are featured in its economic development marketing materials to demonstrate why current and potential businesse...

Denver's Housing Vacancy Rate is Among Nation's Lowest

Jul 26, 2022 About Me

Tue, 26 July 2022 | Agent Websites

Denver's Housing Vacancy Rate is Among Nation's Lowest

The Denver area has one of the nation's lowest overall housing vacancy rates. Of the 51 cities analyzed in the report by real estate data company Anytime Estimate, Denver had the third lowest h...

Jul 25, 2022 About Me

Mon, 25 July 2022 | Agent Websites

What to do after a car accident

When you get into a car accident, there are certain steps you may want to take in order to help make sure everyone is safe, to follow the law and to get the insurance claim process started. Accordi...

Tips to Create a Simple, Affordable Garage Workshop

Jul 22, 2022 About Me

Fri, 22 July 2022 | Agent Websites

Tips to Create a Simple, Affordable Garage Workshop

Garages often harbor a not-so-secret second life: Heroic home workshop. They’re well-suited to the task, with a tolerance for the noise and dust of do-it-yourself projects. You can assemble a b...

NAR Report Shows Housing Costs Soaring, Shortage of New Construction

Jul 21, 2022 About Me

Thu, 21 July 2022 | Agent Websites

NAR Report Shows Housing Costs Soaring, Shortage of New Construction

Anytime a new report from President’s Biden’s administration is released, something is inherently wrong. Figures are showing new problems as being worse than we thought. It’s not that the man ...

Five of Denver’s Most Affordable Neighborhoods

Jul 20, 2022 About Me

Wed, 20 July 2022 | Agent Websites

Five of Denver’s Most Affordable Neighborhoods

Finding an affordable home in Denver is a tough task to say the least. Housing prices have set historic records, with the average cost of a single-family home now exceeding $600,000 in many areas, an...

Colorado Housing Market Watch - Month of June 2022

Jul 15, 2022 Market Trend

Fri, 15 July 2022 | Agent Websites

Colorado Housing Market Watch - Month of June 2022

▪ June metrics point to a significant shift in the market after policymakers approved the biggest interest rate hike in 28 years. Affordability became a significant consideration as the prospec...

What was the turning point for home price growth?

Jun 30, 2022 Market Trend

Thu, 30 June 2022 | Agent Websites

What was the turning point for home price growth?

Housing experts and historians looking to peg down exactly when the home market took its foot off the gas after a pandemic-fueled price hike spree, may want to circle April on their calendars. Home...

Pending home sales increase in may after 6 months of decline

Jun 29, 2022 Market Trend

Wed, 29 June 2022 | Agent Websites

Pending home sales increase in may after 6 months of decline

Pending home sales inched slightly higher in May, ending six straight months of declines, according to new data. Pending sales crept up 0.7 percent to 99.9 during May, but were down 13.6 percent fr...

What kind of property should you invest in: commercial or residential?

Jun 28, 2022 Market Trend

Tue, 28 June 2022 | Agent Websites

What kind of property should you invest in: commercial or residential?

Real estate investing can be difficult to understand for those who are unfamiliar with it. What kind of property should you invest in? Which area of the country is performing the best? Are commercial ...

Home affordability declines to 15-year low, passing

Jun 27, 2022 Market Trend

Mon, 27 June 2022 | Agent Websites

Home affordability declines to 15-year low, passing "inflection point" for buyers

Zillow has dropped its forecast for home-price growth over the next 12 months as buyers grapple with the most unaffordable landscape in at least 15 years. Monthly mortgage payments in April took up...

Existing-Home sales prices reach new record after topping $400k

Jun 24, 2022 Market Trend

Fri, 24 June 2022 | Agent Websites

Existing-Home sales prices reach new record after topping $400k

Sales of existing homes fell for the fourth-straight month in May, according to data released Tuesday by the National Association of Realtors. Total sales of existing homes, condos, and co-ops drop...

What are the advantages of hardwood floors versus carpeting?

Jun 23, 2022 Market Trend

Thu, 23 June 2022 | Agent Websites

What are the advantages of hardwood floors versus carpeting?

Before considering any of the cost, insulation, or safety factors, it’s necessary to note that the main difference between carpet and hardwood is the feeling of each and the appearance of each. Carp...

Decline in builder confidence may be sign of slowing housing market

Jun 22, 2022 Market Trend

Wed, 22 June 2022 | Agent Websites

Decline in builder confidence may be sign of slowing housing market

Builder confidence marked its sixth-straight month of declines in June as builders felt the effects the economic headwinds currently rocking the sector. Builder confidence fell 2 points in June to ...

The biggest housing surprises of 2022 to date

Jun 21, 2022 Market Trend

Tue, 21 June 2022 | Agent Websites

The biggest housing surprises of 2022 to date

At the outset of 2022, a group of forecasters at Realtor.com laid out their expectations for the year to come. Now, they’re taking a second look. The listing portal’s economists revisited th...

New home buyers spend double on 1st-tear improvements: study

Jun 20, 2022 Market Trend

Mon, 20 June 2022 | Agent Websites

New home buyers spend double on 1st-tear improvements: study

Buyers of newly built houses are even more likely to spend big on home improvements in their first year of ownership, according to data from the U.S. government’s Consumer Expenditure Survey. The...

Jun 17, 2022 Market Trend

Fri, 17 June 2022 | Agent Websites

Benefits of HOA Restrictive Covenants

If you live in a neighborhood with a homeowner’s association (HOA), you are probably subject to restrictions on how you can use or maintain your property. These restrictive covenants are generally d...

Raging national housing market shows signs of cooling off

Jun 16, 2022 Market Trend

Thu, 16 June 2022 | Agent Websites

Raging national housing market shows signs of cooling off

The robust national housing market that has kept climbing over the past year is apparently starting to cool off to a more reasonable level, according to a market research firm. The most recent data sh...

Bidding wars: common mistakes buyers make

Jun 15, 2022 Market Trend

Wed, 15 June 2022 | Agent Websites

Bidding wars: common mistakes buyers make

Multiple offers on a home sale are still common, and buyers may get caught up in the competition and make some mistakes in the process. One common mistake: buyers who are willing to empty their ban...

Shifting market will slow prices down, but not entirely

Jun 14, 2022 Market Trend

Tue, 14 June 2022 | Agent Websites

Shifting market will slow prices down, but not entirely

What’s going on with home prices right now? Though the real estate industry has been collectively holding its breath since the coronavirus pandemic started more than two years ago, a consensus ha...

New home sales plummet as recession continues unabated

Jun 13, 2022 Market Trend

Mon, 13 June 2022 | Agent Websites

New home sales plummet as recession continues unabated

Sales of new homes in the U.S. plummeted last month at the same time mortgage interest rates began to rise. When you add this to skyrocketing prices on homes throughout the country, the market is feel...

Are government policies destroying home sales in america

Jun 10, 2022 Market Trend

Fri, 10 June 2022 | Agent Websites

Are government policies destroying home sales in america

High inflation and empty shelves are just two of the damaging results of the current administration in Washington, D.C. America is now a needy nation, compounded by the energy crisis, southern border ...

Billions in PPP loans went to real estate agents during pandemic

Jun 9, 2022 Market Trend

Thu, 09 June 2022 | Agent Websites

Billions in PPP loans went to real estate agents during pandemic

Some agents who thrived financially during the pandemic also had tens of thousands of dollars in COVID-19 relief loans forgiven, a new report finds. Real estate entities that said they had a single...

As supply grows, buyers regaining some control in housing market

Jun 8, 2022 Market Trend

Wed, 08 June 2022 | Agent Websites

As supply grows, buyers regaining some control in housing market

Buyers are regaining some control as the market shifts and supply grows, according to a new report. The report, released Thursday by the online brokerage Redfin, found that more than one in five se...

Nearly 68% of housing markets are overvalued. Is this a housing bubble?

Jun 7, 2022 Market Trend

Tue, 07 June 2022 | Agent Websites

Nearly 68% of housing markets are overvalued. Is this a housing bubble?

For weeks now, housing experts and economists have debated whether or not the country is in a housing bubble. Home prices and mortgage rates have surged, while wages have trailed behind. Within the...

Home showings experience abnormal april decline. is this a sign of things to come?

Jun 6, 2022 Market Trend

Mon, 06 June 2022 | Agent Websites

Home showings experience abnormal april decline. is this a sign of things to come?

A new report out Tuesday indicates that showing activity in April was down compared to both last year at the same time, as well as to March of this year — a trend the report describes as “unusual....

Is Metro denver’s overvalued housing market headed for a reset?

Jun 3, 2022 Market Trend

Fri, 03 June 2022 | Agent Websites

Is Metro denver’s overvalued housing market headed for a reset?

Home values in the metro Denver area are currently at 38.5 percent above what would normally be expected, and a recent study suggests there is a day of reckoning coming soon. Housing prices and premiu...

Lower mortgage rates fail to attract new homebuyers

Jun 2, 2022 Market Trend

Thu, 02 June 2022 | Agent Websites

Lower mortgage rates fail to attract new homebuyers

Rates for most types of mortgages continued to retreat last week from highs set during the first week in May, but lower rates failed to rekindle homebuyer demand for loans. The Mortgage Bankers Ass...

Ten easy ways to remove dog odors from your home

Jun 1, 2022 Market Trend

Wed, 01 June 2022 | Agent Websites

Ten easy ways to remove dog odors from your home

If your dog has been around for the past 15 years, you are all too familiar with the chronic case of dog odor your home may have. And the amount of fur that flies on a daily basis is shocking. Here ar...

New home sales decline to 2-Year low, short of expectations

May 31, 2022 Market Trend

Tue, 31 May 2022 | Agent Websites

New home sales decline to 2-Year low, short of expectations

New home sales took a hit for the fourth-straight month in April 2022, falling well short of economic estimates and hitting a low not seen since the height of pandemic uncertainty in April 2020 as buy...

Pros and cons of living on a golf course

May 27, 2022 Market Trend

Fri, 27 May 2022 | Agent Websites

Pros and cons of living on a golf course

For avid golfers, there is a notable upside to being able to walk out your front door and play golf any time you want. In addition to having your next round of golf right outside your door, living on ...

Atlantic city is the most affordable american beach town in 2022

May 26, 2022 Market Trend

Thu, 26 May 2022 | Agent Websites

Atlantic city is the most affordable american beach town in 2022

With Memorial Day weekend around the corner, many Americans are looking forward to the start of beach season. Unfortunately, due to the higher real estate values typically associated with waterfron...

8 Popular, surprisingly affordable cities

May 25, 2022 Market Trend

Wed, 25 May 2022 | Agent Websites

8 Popular, surprisingly affordable cities

Homebuyers have had a tough time, with home prices and mortgage rates rising relentlessly. As buyers continue to reassess where they want to live and relocate at record rates amid the ongoing pande...

Rental returns diminish due to skyrocketing home prices

May 24, 2022 Market Trend

Tue, 24 May 2022 | Agent Websites

Rental returns diminish due to skyrocketing home prices

According to a new report: Returns on single-family rentals are dropping across the United States as home price growth outpaces rent growth. The report, from real estate data curator Attom Data Sol...

Mortgage demand falls despite easing of rates

May 23, 2022 Market Trend

Mon, 23 May 2022 | Agent Websites

Mortgage demand falls despite easing of rates

For the first time in three weeks, homebuyer demand for purchase loans slipped, according to a weekly survey of lenders by the Mortgage Bankers Association. “Purchase applications fell 12 percent...

Biden administration releases 5-year plan to increase housing supply

May 20, 2022 Market Trend

Fri, 20 May 2022 | Agent Websites

Biden administration releases 5-year plan to increase housing supply

The Biden administration announced on Monday a five-year plan to ease housing costs for American families by boosting the country’s affordable housing supply. The plan focuses primarily on the fe...

Builder confidence drops to lowest level since june 2020

May 19, 2022 Market Trend

Thu, 19 May 2022 | Agent Websites

Builder confidence drops to lowest level since june 2020

Homebuilder confidence took a steep drop in May, tallying a fifth consecutive month of declines, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) re...

Five reasons to love living in a cul-de-sac

May 18, 2022 Market Trend

Wed, 18 May 2022 | Agent Websites

Five reasons to love living in a cul-de-sac

Did you grow up living in a cul-de-sac? Do you live in a cul-de-sac now or are you hoping to find a similar property to raise your family? You are not alone because cul-de-sacs are a highly desired...

Will denver’s housing market remain scorching hot throughout 2022?

May 17, 2022 Market Trend

Tue, 17 May 2022 | Agent Websites

Will denver’s housing market remain scorching hot throughout 2022?

More homes were purchased in 2021 in the metro Denver area than in any previous year in recent history with a total of 63,684 homes sold last year, according to the Denver Metro Association of Real...

Foreclosure activity ticks down slightly in April

May 16, 2022 Market Trend

Mon, 16 May 2022 | Agent Websites

Foreclosure activity ticks down slightly in April

Foreclosure activity dipped slightly in April, as the United States continues to see a highly elevated level of foreclosures compared to 2021. A total of 30,674 U.S. properties filed for foreclosur...

Metro Denver’s robust economy provides consumers with more to spend on housing: resulting in higher real estate prices

May 13, 2022 Market Trend

Fri, 13 May 2022 | Agent Websites

Metro Denver’s robust economy provides consumers with more to spend on housing: resulting in higher real estate prices

Metro Denver’s real estate market has the distinction of being one of the best long-term real estate investments in the country. Prospective homebuyers in the region have more money to spend on hous...

Buyers see little relief, even as sellers drop prices

May 12, 2022 Market Trend

Thu, 12 May 2022 | Agent Websites

Buyers see little relief, even as sellers drop prices

Sellers across the United States are dropping their asking prices at the highest rate seen since 2015, but that’s not translating to relief for buyers, according to a new report. Data from the on...

Demand for mortgages stays consistent in april

May 11, 2022 Market Trend

Wed, 11 May 2022 | Agent Websites

Demand for mortgages stays consistent in april

As mortgage rates continued to climb to their highest levels in nearly 13 years last month, many would-be homebuyers gritted their teeth and locked in a rate. But lenders saw much of what was left of ...

Hiring in real estate keeps pace with strong job growth

May 10, 2022 Market Trend

Tue, 10 May 2022 | Agent Websites

Hiring in real estate keeps pace with strong job growth

The real estate industry posted yet another strong month of hiring in April as national jobs numbers came in higher than expected. Real estate employers — a category including brokerages, among o...

Q1 home price growth driven by secondary markets: NAR

May 9, 2022 Market Trend

Mon, 09 May 2022 | Agent Websites

Q1 home price growth driven by secondary markets: NAR

Home price growth continued its breakneck pace during the first quarter of 2022, with secondary markets in Florida and elsewhere leading the charge, according to the National Association of Realtors�...

As mortgage rates plateau, demand for purchase loans increases

May 6, 2022 Market Trend

Fri, 06 May 2022 | Agent Websites

As mortgage rates plateau, demand for purchase loans increases

Demand for purchase loans picked up last week as mortgage rates took a breather from their meteoric rise, raising hopes that spring home sales won’t be floored by the one-two punch of soaring home p...

Is now a good time to buy a home? agents meet mortgage puzzle

May 5, 2022 Market Trend

Thu, 05 May 2022 | Agent Websites

Is now a good time to buy a home? agents meet mortgage puzzle

Eager to downsize from his longtime home, one of Connie Dornan’s clients is finding his options surprisingly limited. The house is large and beautiful, and would sell in a heartbeat, Dornan, an @...

Foreclosures account for 53% of listing growth on auction site Hubzu

May 4, 2022 Market Trend

Wed, 04 May 2022 | Agent Websites

Foreclosures account for 53% of listing growth on auction site Hubzu

Inventory on the online real estate auction platform Hubzu has grown by 53 percent in the past year, following the expiration of foreclosure moratoriums and borrower protections implemented during the...

Real Estate continues to thrive, despite faltering U.S. economy

May 3, 2022 Market Trend

Tue, 03 May 2022 | Agent Websites

Real Estate continues to thrive, despite faltering U.S. economy

A surprising reversal in the U.S. economy’s fast-paced growth was the result of a large net decline in American exports — not its real estate industry or consumer spending. Residential investme...

May 2, 2022 Market Trend

Mon, 02 May 2022 | Agent Websites

New home sales hit in March 2022

New home sales took a hit in March 2022 as rising home prices and mortgage rates made homebuyers think twice before purchasing a new home, with sales reaching their lowest rate since November 2021. ...

Questions to ask your realtor when selling a home: part I

Apr 29, 2022 Market Trend

Fri, 29 April 2022 | Agent Websites

Questions to ask your realtor when selling a home: part I

When selling your home, you hope to get top dollar by using the service of an experienced Realtor. To further enhance your peace-of-mind, here are some important questions you should ask your Realtor ...

The poison pill: how twitter fought Elon Musk

Apr 28, 2022 Market Trend

Thu, 28 April 2022 | Agent Websites

The poison pill: how twitter fought Elon Musk

Earlier this month, as Elon Musk escalated his attempts to take control of Twitter, the company’s board adopted a dramatic and curious strategy: The poison pill. The effort came after the billion...

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