Denver Market Update

Nov. 5, 2020

Homeownership Is a Key to Building Wealth

 

Homeowners in the Denver area have built wealth steadily since 2010.  The average home in the Denver market that was purchased for $250,000 in January of 2010 would be worth approximately $520,000 today.  If that homeowner decided to sell today, they would see equity gains …

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Nov. 2, 2020

4 Reasons Why the Election Won’t Dampen the Housing Market

With the presidential election quickly approaching, you might be wondering if the outcome will affect the current Denver Metro housing market.  Of course, the presidency and political decisions coming from the office always affect our everyday lives in one way or another.  But our strong housing market should …

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Oct. 19, 2020

October Market Report 80602

Here are the market stats specifically for the 80602 area code. Have questions about your zip code? About your neighborhood? About your home?

For more in depth information about the current market, contact me today. Call or 
text Kathy LeMay with RE/MAX Professionals at 303-565-0884.


 

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Oct. 16, 2020

October 2020 Market Update

***Numbers at a glance start with our lack of Inventory that is down 43% from this time last year!
***This has caused a year over year from September 2019 Average Residential Price that is up over 12%, and a Year to
Date Average Price that is up about 6%!
***Year …
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Oct. 15, 2020

Do You Have Enough Money Saved for a Down Payment?

Do You Have Enough Money Saved for a Down Payment?

One of the biggest misconceptions for first-time homebuyers is how much you’ll need to save for a down payment. Contrary to popular belief, you don’t always have to put 20% down to buy a house. Here’s how it breaks down …

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Sept. 10, 2020

September 2020 Market Report 80602

Here are the market stats specifically for the 80602 area code. Have questions about your zip code? About your neighborhood? About your home?

For more in depth information about the current market, contact me today. Call or 
text Kathy LeMay with RE/MAX Professionals at 303-565-0884.


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Sept. 9, 2020

September 2020 Market Update

The year of the Pandemic Summer and the Hot Temps for the month of August have translated into a Hot Real Estate Market! This has possibly been the most active and productive August in recent history in the Denver Market!
By the numbers, we saw 5,959 homes/townhomes and …
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Aug. 14, 2020

August 2020 Market Update

We have used the word “Wow” several times this year since quarantine, but the market through July continues to Wow us!
Active Listings at month end were 6,449; 31% less than July 2019!
New Listings were at 7,620; almost 15% more than July 2019!
Pendings were at 7 …
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July 15, 2020

July 2020 Market Update

Latest Stats from the Denver Metro Market...looks like a strong recovery for the local market. It's a great time to sell because of lack of inventory. AND it's a great time to buy because of amazingly low rates!

 

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June 15, 2020

June 2020 Market Update

A record number of homes, townhomes and condos were pending in the Denver Real Estate market in May of 2020. Low inventory, strong buyer demand and crazy low interest rates created a crazy spring recovery for our market.

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