Real Estate March Madness

3:59 pm

A Busy March If you thought the basketball version of March Madness was Mad hold on to your nets because it clearly bounced into the Real Estate Industry as well. Between Mortgage Rates, CPI, the Fed, lack of inventory and of course bank failures we were all over the place nationally and regionally last month. Active inventory is up, closed homes sales are up, average close price is up and days on market are down (see stats below for exact numbers). All of that speaks to a very active Metro Denver Real Estate market for the month of March. Last…

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Is there Stabilization in our Future?

12:40 pm

We asked last month “Is this a Blip or Flip?” Well, the answer is: it’s looking like a Blip. Interest rates went into overdrive again and buyer applications for new mortgages visited a low not seen since 1995. The voracious activity we saw in January and early February has come to a halt thanks to interest rates going from high 5’s to 7% in 3 weeks’ time. Buyers and Sellers are looking for stability in economic data and we think that stability is in volatility, at least in terms of interest rates for the near term. Rates will fluctuate pending…

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Denver December Happenings

2:39 pm

Are you looking for some winter time fun this month to get yourself in the holiday spirit? Yes? Then you are in the perfect place! Here is our list of all the Denver must-do’s for the month of December!     Downtown Denver Rink: Through February 20, 2021 Bundle up and bring the whole family or your close friends for some free ice skating this year. Located right in the heart of downtown, they will also be hosting special events!   Santa’s Flight Academy: Nov 12-Dec 24, 2021 Little ones can take a look and step inside a 22-foot tall sleigh and experience the…

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