Market Report: Metro Denver Real Estate Trends – April 2023

Denver MLS Market Update May 2023

This market report provides an overview of the real estate trends in Metro Denver for the month of April 2023. The report highlights key statistics related to active inventory, demand for homes, months of inventory, pricing trends, multiple offers, and days on the market. By analyzing these indicators, we aim to present a comprehensive understanding of the current state of the Metro Denver real estate market.

Dispute Jefferson County Property Taxes

Dispute Property Taxes

If you are looking to contest your 2023 Jefferson County Property Taxes, give me a shout. I have successfully helped a lot of homeowners in the past convince the Jefferson County Assessors Office they made mistakes in property valuations. I may not be able to help but it is worth a call. This is something I do as a free service to people in the community. Just give me a call at 303-503-8793 and we can see if I can get you a CMA to use while disputing your 2023 Jefferson County Colorado Taxes. (we provide this service for free. We just ask if you have a friend selling or buying a home, send them our way) 

2023 Real Estate Market Predictions – Our Crystal Balls Are Balling!

The Real Estate Market is Back to Normal

Housing economists predict that 2023 will see a return to normalcy in the housing market, with stabilizing mortgage rates and home sales and prices moderating after recent highs. However, some housing markets may see an uptick in homebuying activity at the beginning of the year, and the ongoing housing supply challenges are expected to prevent home prices from falling. Housing inventory is expected to remain tight in 2023, with housing starts

Why the Colorado Real Estate Market Won’t Crash in 2023

The Real Estate Market Won't crash in 2023

The Colorado housing market is currently undergoing a significant shift, with the median sale price falling by 1.8% in February 2023 year-over-year (YoY), and the number of homes sold dropping by 42.1%. As mortgage rates are at record highs in 20 years, with an average rate of 7.08%, sellers are reducing prices as homes stay on the market longer. With this shift in the market, buyers are finally gaining some market power. However, the Colorado housing market is now threatened by a similar instance of rising mortgage rates and the possibility of a recession. Thus, buyers and homeowners are asking a familiar question: When will the housing market crash in Colorado?

Buyers are Already Out for Spring of 2023

Spring 2023 Buyers are Here

The real estate market has undergone significant changes over the past year due to the global pandemic. However, despite the initial shock to the housing market, the demand for housing has remained strong, and this is evident in the latest ShowingTime Showing Index. The index measures the number of buyers actively touring available homes, and it shows a 62% jump in showings from December to January – one of the largest on record.