Understanding the April 2023 Market Update for Home Buyers and Sellers In the world of real estate, an understanding of market updates can be extremely beneficial for homebuyers and sellers alike. As we dive into the April 2023 market update, it’s essential to keep in mind that the market remains relatively unchanged from a month-to-month perspective overall. However, there are some notable changes...
Real Estate
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market While the Fed’s working hard to lower inflation, the latest data shows that, while the number has...
Everywhere you look, people are talking about a potential recession. And if you’re planning to buy or sell a house, this may leave you wondering if your plans are still a wise move. To help ease your mind, experts are saying that if we do officially enter a recession, it’ll be mild and short. As the Federal Reserve explained in their March meeting: “. . . the staff’s projection at the time of...
If you’re thinking about selling your home, it’s important to have a good understanding of what’s going on in the local market. Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you to sell your home. Our market report showcases everything you need to know about local real estate trends based on Sales Data from...
For many of our nearby communities, March brought a welcome burst of activity. The uptick of transactions was actually better than what we had anticipated, as the Spring Frenzy of 2023 was somewhat uncertain. Bank failures, inflation, high-interest rates, and low inventory didn't deter many buyers and sellers. Strategy over speed…they know this is an excellent season to make a...
If you’re thinking about selling your home, it’s important to have a good understanding of what’s going on in the local market. Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you to sell your home. Our market report showcases everything you need to know about local real estate trends based on Sales Data from...
We are happy to say that spring is almost here, and wow, what a winter we've had in Colorado! From the first seasonal snowfall in October 2022, Boulder alone has collected almost 70" of snow. We've also experienced more consecutive days at or below freezing than we've had for several years. Weather impacts real estate, so we expect a more robust spring as the temperatures improve. NEW LISTINGS VS HOMES...
We're in the thick of the Great Rebalancing Act of 2023. Buyers and sellers are adapting to the market'sshifts. So typical of the winter markets we experienced between 2013-2019, just like football, our area isin pre-season mode: Inventory remains light as sellers prepare to list this spring. Buyers with an "early bird get the worm" approach is on the hunt. Expect activity to pick up around or...
If you’re thinking about selling your home, it’s important to have a good understanding of what’s going on in the local market. Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you to sell your home. Our market report showcases everything you need to know about local real estate trends based on Sales Data from...
If you’re thinking about selling your home, it’s important to have a good understanding of what’s going on in the local market. Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you to sell your home. Our market report showcases everything you need to know about local real estate trends based on Sales Data from...