Financial News

Nov. 12, 2020

November Market Update

The Fall Market continues to roll on with all the gusto we have rarely seen in October, with no concern for an Election or anything else going on in the World, like a Pandemic! Our best guess is that it will continue on through the Holiday Season with maybe a …

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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. 27, 2020

Pre-Approval

 

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

 

You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s …

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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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