Happy New Year! Now that the holidays are over it’s the perfect time to talk about what I think the real estate market will look like in 2017. So let’s jump right in. Average Home Price: The average price of a single-family home in metro Denver increased another 9.07 percent in 2016, finishing the year […]
One of the key indicators that I keep a close eye on is months of inventory (MOI), which tells us how many months it would take for all the current homes for sale on the market to sell. Simply stated, a higher MOI benefits buyers while a lower MOI is an advantage to sellers. […]
From a financial and lifestyle point of view, it’s great to be part of the Landlord Nation trend, as coined by Redfin and detailed in this article from Bloomberg. Landlord nation is a growing group of mom-and-pop investors who are capitalizing on low mortgage rates and strong rent growth to redirect savings into rental properties. […]
Maybe you’ve heard the numbers tossed about in cocktail conversation. Possibly you read the headlines on your smartphone or caught a blurb on the evening news. More likely, you’ve experienced the trend bumper-to-bumper on I-25 during the all-day-everyday rush hour, on I-70 on any given Sunday, or as you’ve traveled north towards what was once […]