Earlier this month, realtor.com announced the release of their initial Housing Recovery Index, a weekly guide showing how the pandemic has impacted the residential real estate market. The index leverages a weighted average of four key components of the housing ... » Learn More about New Index Reveals Impact of COVID-19 on Real Estate
A Historic Rebound for the Housing Market
Pending Home Sales increased by 44.3% in May, registering the highest month-over-month gain in the index since the National Association of Realtors (NAR) started tracking this metric in January 2001. So, what exactly are pending home sales, and why is this r ... » Learn More about A Historic Rebound for the Housing Market
REAL ESTATE NEWS FOR JUNE / JULY 2020
PENT UP DEMAND LEADS TO A FAST RECOVERY Denver metro residents formerly considering a move in the spring have brushed off the cobwebs and rushed back into the daylight post-Coronavirus shutdown. As if they heard a starting gun, people looking to move in March ... » Learn More about REAL ESTATE NEWS FOR JUNE / JULY 2020
Real Estate Will Lead the Economic Recovery
With more U.S. states reopening for business this summer, and as people start to return to work, we can expect the economy to begin improving. Most expert forecasts indicate this economic recovery will start to happen in the second half of this year. As we get ... » Learn More about Real Estate Will Lead the Economic Recovery
Real Estate News May/June 2020
REAL ESTATE NEWS THE VIRUS AND REAL ESTATE…WHERE DO WE GO FROM HERE? As we move slowly through the month of May and closer to Summer, I have been getting many questions from clients about how the Coronavirus has affected the local real estate market. “Have we ... » Learn More about Real Estate News May/June 2020
Will Home Values Appreciate or Depreciate in 2020?
With the housing market staggered to some degree by the health crisis the country is currently facing, some potential purchasers are questioning whether home values will be impacted. The price of any item is determined by supply as well as the ... » Learn More about Will Home Values Appreciate or Depreciate in 2020?
U.S. Homeownership Rate Rises to Highest Point in 8 Years
For nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found a sense of comfort by ... » Learn More about U.S. Homeownership Rate Rises to Highest Point in 8 Years
Buying a Home Right Now: Easy? No. Smart? Yes.
Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime, the real estate industry's leading showing management technology provider, buyers have started to reappear over ... » Learn More about Buying a Home Right Now: Easy? No. Smart? Yes.
Keys to Selling Your House Virtually
In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. ... » Learn More about Keys to Selling Your House Virtually
Will Your Current House Fit Your Needs in Retirement?
As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense ... » Learn More about Will Your Current House Fit Your Needs in Retirement?