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Uncategorized New Loan Limits: Good News for Buyers and Sellers Lots of exciting things happen this time of year. Holiday celebrations and parties are in full swing, holiday lights make everything festive and bright, kids (and parents, too) look forward to some much- needed time off from the school schedule during winter break, and the Federal Housing Finance Agency announces the new conforming loan limits […]
Uncategorized Looking for a Deal? Check Out New Builds By Renee Cohen November 14, 2023   It’s that time of year – we’re past Halloween, approaching Thanksgiving and inundated already with holiday music, light shows and celebrations. Also indicative of this time of year? Increased opportunity for deals on new construction homes.   Why is that? Short answer – builders want to sell their […]
Uncategorized Clearing the Air: A Real Estate Expert’s Perspective on Broker Compensation and Transparency In this enlightening episode, our host delves into the complexities of the real estate industry, shedding light on a pivotal national class action case that has stirred the news recently. The focus is on the opaque nature of broker compensation and the imperative need for transparency in real estate transactions. Listeners will be guided through […]
Uncategorized Shifting Gears in the Denver Real Estate Market In this week's episode, we're diving into the heart of the Denver real estate market with a critical eye on the latest shifts and trends that are redefining the landscape for buyers and sellers alike. We'll unpack the significance of three key figures – 14, 99.19%, and 7,629 – that are currently shaping the market […]
Uncategorized Clearing the Air: A Real Estate Expert’s Perspective on Broker Compensation and Transparency You may have heard in the news recently about a national class action case involving the real estate industry. I wanted to connect with you and share a few key points I think are important to know.   First, the crux of the case is transparency, specifically around how real estate brokers are compensated. The […]
Uncategorized Shifting Gears in the Denver Market Three key figures – 14, 99.19%, and 7,629 – shed light on the evolving dynamics of the Denver real estate market. The figure 14 represents the median Days in MLS (DIM), showcasing a notable 27.3% month-over-month increase. The 99.19% denotes the closed-to-list price ratio, essentially staying the course with a marginal -0.27% shift from the […]
Uncategorized A Blast from the Past: Understanding Housing Affordability Through the Decades The world of real estate is no stranger to cycles, trends, and shifts. As we navigate the complexities of today’s housing market, many find themselves drawing parallels to a bygone era—the 1980s. It was a decade marked by vibrant pop culture, technological revolutions, and, notably, a tumultuous housing market. With skyrocketing interest rates and unique […]
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Uncategorized Why New Construction Should Be at the Top of Every Homebuyer’s List When embarking on the exciting journey of purchasing a home, many buyers are faced with a pivotal decision: should they opt for an existing home or consider new construction? I’ve witnessed the remarkable impact of new construction homes and the plethora of advantages they present. Let’s explore why new construction could be an ideal choice […]
Uncategorized Crafting Your Renovation Plan: 7 Tips for Success Renovating a home is an exciting journey filled with potential and creativity. But it’s also a complex process that requires careful planning, consideration, and strategy. Here are seven essential tips to help you craft a successful renovation plan, ensuring quality, value, and the transformation of your space into your dream home: Understand Your Vision: Define […]
Uncategorized From Hail to Prevail: A Guide to Roof Replacement in Denver Hello, Denver! In the aftermath of our recent hail storms, many homeowners are left grappling with a significant question: Is it time to replace my roof? It’s a question that calls for a comprehensive answer, informed by data, anecdotal evidence, and expert guidance. That’s what we’re here to discuss today. Let’s start by acknowledging a […]
Uncategorized Why Now is the Perfect Time to Sell Your Denver Home and Upgrade Hello, Denver! As we navigate the ever-changing landscape of the real estate market, I’m here to provide you with the latest insights and advice. Today, I want to talk about why now is an excellent time to sell your Denver home and purchase your move-up home. According to a recent article on Forbes, inflation is […]
Uncategorized Synthesizing the Statistics: Median Sale Price vs Average Sale Price In the world of residential real estate, knowledge is power. That knowledge, however, is only as accurate and reliable as the data on which it’s based. When considering the real estate market, two common metrics emerge: average sale price and median sale price. Though they may seem similar, they each reveal distinct facets of the […]
Uncategorized Synthesizing the Statistics: Closed Price-to-List Price Ratios 100.21%. That was the average Closed Price-to-List Price Ratio (CP/LP) across the Denver metro area in April 2023 (source – Denver Metro Association of Realtors Market Trends Report May 2023). That number is up from 99.79% during the previous month and down from 106.87% a year ago. This statistic offers valuable market insight to both […]
Uncategorized The Technological Boom: Impact on Greenwood Village’s Luxury Real Estate and the Fast-Growing Denver Tech Center Greetings, it’s Renee Cohen, your reliable real estate specialist in Colorado. Today, I want to delve into an intriguing evolution that’s sweeping over Greenwood Village and the surrounding Denver Tech Center (DTC) – the rise of technology, its impact on luxury real estate, and the fast-paced growth of the tech industry in the area. With […]
Uncategorized Shocking Increase in Property Valuations | What You Need to Know Did you receive your Property Valuation Notice and are you ready for what’s coming next? Increased property values may result in a significant INCREASE in your monthly mortgage payment!   The 2023 Property Valuation Notice has raised concerns about increased property valuations across the metro area. This is due to a strong economy, influx of […]
Uncategorized Synthesizing the Statistics: Showings-to-Pending Statistics. The word itself can elicit a love/hate response, depending on how you feel about them; those who love data and numbers dive right in while those who detest that material may recall suffering through a college course only because it was a requirement for a major. Yet, most industries rely on statistics and the […]
Uncategorized Luxe Up Your Kitchen with These 7 Tips The kitchen is the heart of the home, where family and friends gather to cook, eat, and socialize. A luxurious kitchen is not only functional but also beautiful and inviting. With a few simple tips, you can transform your kitchen into a luxe space that will impress your guests and make you feel proud of […]
Uncategorized Seller Strategies in 2023: Patience, Preparation, and Pricing The Denver real estate market is never static. We have already seen that to be true with the market starting to shift again, just six weeks into the new year. Given that the market is ever-changing, what strategies should sellers use to be successful in this market? The answer points to patience, preparation, and pricing.  […]
Uncategorized New Year, New Market? We’re at the start of the new year, and many people are curious about how the Denver real estate market will play out in 2023. Let’s take a look at Metrolist statistics related to Inventory, Closed Price/List Price Ratios and Days on Market to evaluate the current market.   Inventory   We ended December 2022 […]