So much happened in October…and now it's over. What should we make of it?

This month, we’re seeing mortgage rates climb back up, creating fresh opportunities for buyers while economic signals keep the market on its toes. From key updates on Denver’s inventory and affordability shifts to a national slowdown we haven’t seen since the ‘90s, October’s market is full of pivo
Read MoreSaved by a Snow Squall and How the Market Melted it All Away

Where were you Tuesday morning? Wasn't that snow squall something? We woke up with no snow on the ground and no flurries in the air. By 10:00 AM most of the Metro Area was enveloped in a fast-moving snow squall that made it look like a February Christmas in less than 2 hours. The snow stuck to the s
Read MoreFrom Rates to Inventory: What's Shaping the Denver Housing Scene Already in 2024

With the new year already a month in, we’re already seeing exciting developments in the real estate market. And, in this update, we'll take a look at where the market’s been, where it’s at, and where it appears to be headed in 2024. Where We’ve Been | National Housing Reflecting on 2023, we drew a c
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Your Chance for a Private Showing of a Former Denver Celebrity's Local Home Normally, we don't cover a lot of sports-related topics in ELEVATE…and why would we? This is a real estate based e-newsletter. But we do cover local interest stories, especially if they have a real estate slant. That br
Read More A Look Ahead at What 2024 Could Hold for Housing

That’s a Wrap on 2023! This year was marked by low home value appreciation and slower than normal real estate transaction activity, and staggering high mortgage rates. In October, we actually saw homes trade at a slower rate than they did during the Great Recession. But November brought relief, and
Read MoreUnprecedented 2-Day Plunge in Interest Rates Sparks Optimism for 2024s Housing Market

Seizing the Opportunity: Why Now Might Be the Perfect Time for Your Real Estate Move __________ Something big occurred just yesterday in the housing world--one of the biggest 2-day drops in interest rates we've seen in decades! On Wednesday, the Federal Reserve met and Chairman Jerome Powell spoke a
Read MoreDenver Metro Area Housing Update - November 2023

The latest housing news for November 2023. In our professional opinion, here's what you need to know about today's real estate market conditions--despite what you may have heard: Mortgage Rates and Market Trends In a surprising turn of events, traders are not currently pricing in another rate hike f
Read MoreUnderstanding Colorado's Proposition HH: Property Tax Changes, and Their Impact on Homeowners

I don’t think it’s any coincidence that Prop HH is one of the longest and most complicated taxing measures ever seen on a Colorado ballot. It amounts to 48 pages of legal verbiage affecting all kinds of taxes in Colorado. Like any measure, it’s going to appeal to someone, and there are “good” “bad”
Read MoreDenver Metro Area Housing Update - October 2023

The latest housing news for October 2023. In our professional opinion, here's what you need to know about today's real estate market conditions--despite what you may have heard: Mortgage Rates at 8% Mortgage rates have reached 8%, a level not seen in 23 years. While this might be concerning, it's im
Read MoreThriving Housing Market Endures Rising Mortgage Rates and Encouraging Inflation News

Wait, so why would "ecnouraging inflation news" have to be endured? Good question. The answer isn't simple. Normally mortgage rates follow inflation. And when we've seen improvements in the inflation data we're all following, the markets should love that news and rates should come down. They didn't
Read MoreProtesting Property Taxes in Colorado: 5 Top Tips for Lowering Your Tax Burden

Colorado Property Owners: Don't Overpay Your Taxes, Here's How to Protest If you're a Colorado property owner, you may have experienced the frustration of receiving a property tax bill that seems unfairly high. Early reports show some homeowners are facing as much as a 50+% hike in property taxes in
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