2020 SALES AND APPRECIATION – TO THE MOON!

Matt Hudson, CEO Denver Market Stats

Record sales and skyrocketing appreciation along the front range in 2020 were driven by high demand from an increasing Colorado population, low interest rates and lifestyle changes for many. Will we get the virus under control? Will politics settle down? Will the U.S. economy continue its recovery? These are macro questions that will influence our local market and factors we continue to analyze.

The Real Estate Professional of the Future

The Real Estate Professional of the Future

Matt Hudson, CEO Business Development

Billions of dollars are going into one initiative in real estate right now, making you irrelevant.  Big tech and Wall Street dollars believe they can capture the hearts of consumers through shiny objects, search portals and big promises.  They are right. And you cannot compete with them. Not head-to-head at least.  The majority of consumers are sick of how our …

LOW INVENTORY ISN’T A LACK OF SELLERS, JUST MORE BUYERS

Matt Hudson, CEO Denver Market Stats

With 30-year fixed interest rates at 2.5% and households demanding more from their at-home work and school environments, buyer activity continues to be unseasonably strong. In this market, sellers have tremendous negotiating power and depending on the situation, can work in extra time to find a replacement home if needed.

STRONG DENVER REAL ESTATE MARKET MARCHES ON

STRONG DENVER REAL ESTATE MARKET MARCHES ON

Matt Hudson, CEO Denver Market Stats

This time last year, Denver’s days on market listings were ½ of what they are today, prices are up, and inventory is remarkably low. Combine these factors with current interest rates, and we see the market is remaining strong. Stay up to date, message me for specifics within your area!

INVENTORY, PRICE, AND SALES ALL UP

Matt Hudson, CEO Denver Market Stats

UP, UP, and UP! Last week new homes for sale was 14% higher and there were 44.6% more homes under contract compared to the last 3-year average. The average weekly sales price of a single-family home is also still going up hitting $628,236 last week.