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Latest News: Market Conditions

May Market Update

At first glance, the May stats reflect the market standstill that occurred in April. However, the most remarkable part of May was the record-breaking spike in under contract listings. Under contract listings this month were up 18.9% for single-family homes and

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April Market Update

As in-person showings screeched to a halt in April, Buyers became comfortable with virtual showings pretty quickly. The average days on market for sold properties in April was just 20 days. This tells us that appropriately priced homes are moving

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Fall Metro Denver Market Update

In recent months, the number of homes for sale along with the days on the market has increased. It’s difficult to determine whether these changes are seasonal or are a symptom of a larger market correction that will put more

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The Effect of Legalized Marijuana on the Denver Warehouse Market

If you’re a Realtor in Denver you’ll inevitably get questions from clients about what effect legalization of marijuana has had on real estate. CNN Money recently did a piece reporting that marijuana has been a factor in the high demand for

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Hostel Fish is (quietly) open for business, and just what Denver needs

Denver’s current economic growth rate is the highest in the nation. With that comes a rapidly growing population, exponential increases in rental rates and real estate prices year over year, skyrocketing demand for properties in coveted locations, and… the best

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Denver’s River North Neighborhood Just Keeps Growing

Check out this article from the Denver Post detailing the huge commercial and residential real estate growth in Denver’s River North (Five Points) neighborhood. The commercial real estate market in Denver’s River North neighborhood is in a “feeding frenzy,” with

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What Buyers Can Expect in a Seller’s Market

The amount of competition for home buyers in the metro Denver market can be aggressive and brutal, particularly in desirable neighborhoods. The lack of inventory of available homes to purchase has resulted in an imbalanced market where demand drastically outweighs

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Priced Out: Athmar Park as a Wash Park West Alternative

In part three of three, Adam offers an alternative to Wash Park West and highlights the hidden value in Athmar Park. Check out parts One and Two for more hidden gems when the Denver housing market has you feeling priced out.

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Priced Out: Sloan’s Lake? Why Not Edgewater?

Check out part 2 of Priced Out, where we explore the alternative neighborhoods in Denver, check out part one here If you have driven around Sloan’s Lake within the past year, it’s hard to ignore the overwhelming amount of development,

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Priced Out: From Berkeley to Regis

In today’s post, check out part one of a three part series by broker Adam Waggoner, exploring new neighborhoods to consider in a market where getting priced out is becoming more and more common.  In today’s market the typical Denver home

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