Recent Articles from Matthew Leprino
Home Sales Drop as Colorado Housing Market Struggles
As expected, new listings are down seasonally, and overall inventory remains a significant issue statewide. Yet, continued buyer demand has kept median and average sales prices relatively flat.
Waiting for Changes to the Housing Market? Your Time Has Come
Whichever way the market goes, be it stable or down, one thing is for certain ̶ Denver-metro real estate shows strength, sustainability and a demand the likes of which we’ve never seen.
What Kind of Real Estate Hike Are You On?
Although we live in the very best outdoor state in the Country, not all of us stray too terribly far from the urban core – especially as the resources and the cost of living within them continue to expand. While I won’t fault you for not being “outdoorsy,” I will still ask that you reference a time when you did more than aggressively walk up an incline in your own neighborhood.
The Groundhog Was Right This Year
With ice on the ground and a car so dirty you aren’t sure you can take it anymore, it’s hard to imagine that the end of winter is near.
Waves of Uncertainty Rise From Seasonal Factors and Government Shutdown
As the partial government shutdown nears ever closer to a month, the likelihood that it will affect the real estate consumer grows and could impact both financing as well as, you guessed it, the confidence a buyer or seller needs when making their future housing decisions.
We Have Reached Cruising Altitude
The findings are also significant because for the first time in a while, we have evidence that, while demand remains high, there are simply less transactions taking place.
Affordability Index Retrospect
Denver and the whole of Colorado is not cheap right now. We are paying the debts of maturing from a dusty town to modern metropolis in a relatively short amount of time.
Buyers and Sellers Teeter-Totter in Evolving Housing Market
In Denver, the seller historically had control during the warmer weather months – Is that still the case?
Heat in the Morning, AC by Noon
The gap between inventory for sale and the number of new listings tells the truest tale.
Is Denver's Peak Selling Season Shifting?
During July 2018, 7,916 new single-family homes entered the market, up from July 2017’s 7,615.
Tell Me Something I Don't Know
In June 2018, the median price in the metro area was 145 percent of what it was just four years ago.
Is Our Housing Market Changing?
According to new numbers released last week by the Colorado Association of REALTORS®, for the first time in nearly two-and-a-half years, we are reaching new inventory highs in the number of homes coming to the market.