The Summer of Opportunity Answering the age old question of "is now the right time to buy?" NAR (National Association of Realtors) Chief Economist Lawrence Yun says the summer market may offer opportunity — especially while inventory is up and buyers have room to negotiate.   “For those who are able

Is This Much Housing Inventory Healthy? All spring and into the summer, if you've heard anything about the housing market it's probably that the inventory levels are rising. And since so much of the benefits in housing have been for sellers over the past decade, rather than buyers, I'm sure that new

Freeze or Thaw? December 2024 wrapped up with promising signs of increased activity, and January 2025 has shown notable growth in new listings, hinting at a potentially busy spring ahead.    However, January brought true Colorado winter weather, with frigid temperatures and lingering snow from seaso

  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

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

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

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

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

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

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

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”

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

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

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