Homefront Highlights: April 2024

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Denver Market Home Stats “A home is more than just a place to live, it’s a place to create memories.” – Unknown April’s Jump In Inventory: This April saw a significant jump in new listings, with over 6,095 homes hitting the market, a 26% increase compared to April 2023 and a 22% increase from just last month. This is the fourth consecutive month of rising inventory, and so far in 2024, the total number of new listings that sellers have brought to the market is 15% higher than at the same point last year. Pending Home Sales: Up: The number of…

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4124 N Clay Street Home For Sale

Denver Home For Sale- Investment Property

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Scan QRcode above for more information and pictures! Incredible investment opportunity. Don’t miss this all new Sunnyside gem. 2 Mother-in-law suites that lock-off and would make great AirBnB’s or short-term rentals. Live in 1 unit and rent out the other two! Comprised of a 3BR/1BA unit on the main floor, a 1BR/1BA unit on top floor (with large deck) and a 2BR/1BA unit downstairs. This one has it all. Everything is brand new. Top to bottom. New Boiler. New plumbing & electrical. All brand new appliances. It also boasts an over-sized 2 car garage with workshop that is zoned for…

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Homefront Highlights

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March 2024 Housing Update “No matter how long the Winter, Spring is sure to Follow.” ~ Maya Angelou Pending Home Sales are Up: Homebuyers continued to enter the Denver metro housing market. In March, 4,343 new contracts for home purchase across the Denver metro area. That’s 8% more than last year and 33% more than last month. Homes pending purchase is a leading indicator of future home sales. Days on Market Down: In March, homes spent a median of 12 days actively available for sale, according to REcolorado data. Buyers sped up their decision making, executing contracts on homes nearly…

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February 2024 Housing Update

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“Don’t wait to buy real estate. Buy real estate and wait.”    ~ Will Rogers, actor  February Continues to Boost Inventory Inventory levels at the end ofFebruary were 25% higher than last year and 176% higher than two years ago thanks in part to sellers bringing listings to the market. Data shows double-digit increases in the number of New Listings for the second consecutive month as sellers brought 4,267 homes to the market. Buyer Activity Up and Days on Market Down Home shoppers were active in February. Throughout the month, they executed contracts on 3,454 home listings. The number of listings pending sale…

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Demystifying the NAR Settlement

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Understanding Its Possible Impact on Real Estate In recent days, the real estate world has been abuzz with discussions surrounding the National Association of Realtors (NAR) settlement . With significant implications for real estate agents, home buyers, and sellers alike, it’s essential to unravel the complexities of this settlement and understand its broader ramifications. Today, we’ll delve into the details of the NAR settlement, exploring its origins, key components, and the potential effects on the real estate industry. Understanding the NAR Settlement: The NAR settlement stems from 2 lawsuits one class action and one filed by the Department of Justice…

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1555 California St. Denver Colorado

Denver Condo For Sale – Less than $400K

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Scan QRcode above for more information and pictures! This is a must see! Downtown living at its finest with your own 450sf private terrace! Outdoor space downtown, at this price point, is unheard of. Walk to literally everything that downtown Denver has to offer. The Convention Center, the Pavillions, tons of restaurants. Light rail is across the street! This unit is light & bright. 3 huge windows plus a skylight. Beautiful hardwood floors. Nice sized, very workable kitchen with great updates and appliances. And the patio! Did I mention the patio? It is HUGE. Just imagine evenings enjoying a beverage…

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For Sale Home 1532 Olive St in Parkhill Colorado

Home For Sale in Parkhill Colorado

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    Click Here for More Information Today NEW PRICE on this inviting Bungalow nestled in the heart of Denver* Boasting 3 bedrooms, 2 bathrooms, 1 car attached garage and Large Professionally Landscaped Front and Back Yard* The well-appointed Kitchen features Contemporary finishes with Stainless Steel Appliances and Direct Access to the AMAZING back yard* The Open Living Spaces create an ideal environment for both Daily Living and Entertaining*The Basement has Options: The pictures present it as a Large Primary Suite* The Current Owner used it as the Primary and a Prior Owner used it as a Media Space* You…

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2024 Denver Real Estate Market Predictions

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Bold Predictions Commentary for 2024 “This is not the way it will always be” -Unknown This Post is filled with predictions/guesses for what you can expect in Real Estate next year. As click-bait fills your inboxes, social media and televisions we want to give you some real data and ideas collected from smarter people than us for what we think is coming in 2024. Let’s get to it!   Existing Sales/Transactions It is wildly thought that next year’s transactions will mimic 2023. We saw the number of transactions fall to levels we have not seen since 1998-1999. Transactions dropped over…

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Conventional or FHA Financing, which one is right for YOU?

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    In 2023 there may be added benefits to inquiring about both options if you are in the market to buy a home. Often times in our more recent markets FHA financing has been frowned upon by listing agents, but that does not mean you shouldn’t explore your options. Below are some benefits of each type of financing: Benefits of FHA Loans: Lower down payment: FHA loans typically require a lower down payment compared to conventional loans. The minimum down payment requirement can be as low as 3.5% of the purchase price. Easier qualification: FHA loans have more flexible…

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