Metro Denver wasn’t the only housing market in Colorado that saw the cupboards empty and buyers starved as 2020 came to a close. It pretty much happened across most of the state, according to statistics released by the Colorado Association of Realt...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-01-18 14:28:18

Informative Program Showcases Variety of Guests and Topics in Live Format Saturday Mornings from Exciting New Facility in DTC Office GREENWOOD VILLAGE – James T. Wanzeck, Managing Broker and visionary owner of RE/MAX Masters Millennium, was the ...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-01-15 14:40:13

If you’re planning to put your home on the market, it’s important to maximize your limited time and extra cash by focusing on the two “hot spots” in your home that are the primary focal points of your residence.The kitchen and the master bedr...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-01-14 14:19:32

CBC Mortgage Agency, a tribally owned housing finance agency, has launched an initiative to increase homeownership among Native Americans living off of reservations. South Jordan, Utah-based CBCMA is a wholly owned subsidiary of Cedar Band Corpora...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-01-13 10:08:45

U.S. foreclosure filings decreased 14 percent in November 2020 from the month before to a total of 10,042 properties with foreclosure filings (including default notices, scheduled auctions or bank repossessions), according to a report released Thursd...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-01-12 09:26:49

Despite predictions that mortgage rates would slowly tick back up in 2021, the new year opened this week with the same old story: mortgage rates hitting a new record low. The average rate for the 30-year fixed-rate mortgage fell to 2.65 percent f...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-01-11 09:33:37

A flood of people leaving pricey places like New York and Boston have sent rents in those cities plummeting, while rents in traditionally more affordable areas have climbed. San Francisco, New York City and Boston are still the most expensive rent...

Posted by: RE/MAX Masters Millennium
Category: Market Trend
Date: 2021-01-08 09:48:47

The housing market will enter 2021 blazing hot with off-the-charts demand and an extreme shortage of homes for sale. While the risk of a double-dip recession hovers in the background, home sales and prices are expected to keep rising next year as cor...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-01-07 10:20:44

Metro Denver’s housing market ended 2020 with a bang, popping the roof with a record-high number of home sales and busting through the basement with the fewest listings available for sale, according to an update Wednesday from the Denver Metro Asso...

Posted by: RE/MAX Masters Millennium
Category: Market Trend
Date: 2021-01-06 11:58:57

Mortgage rates ended 2020 near a record low. Will record-breaking rates continue in 2021? Mortgage rates plummeted to historic lows in 2020, with the rate seemingly topping itself every week. The past year, the average rate for a 30-year fixed-rat...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-01-05 09:03:25

As we reflect back on 2020, we are reminded of the many challenges that the year presented. Although Colorado, as well as the rest of the country, has faced hardships, our home has garnered the attention of the media throughout the past year for all ...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2021-01-04 09:37:16

Denver’s historic Highlands neighborhood, where hopes run high for its reemergence as a dining hub after coronavirus moves into the rearview mirror, is suffering both sides of the pandemic’s economic effects this holiday season—lights-out at it...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2020-12-29 07:46:29

The third and final estimate shows the GDP rose at an annualized rate of 33.4% in the third quarter from the second quarter of 2020. This strong growth nearly wipes out the pandemic-induced losses in the first half of the year, with the GDP just 3% b...

Posted by: RE/MAX Masters Millennium
Category: Market Trend
Date: 2020-12-28 07:41:15

Homebuyers who showed up with cash have long had an advantage in beating out the competition, but their grip on the market could be slipping. Seattle-based brokerage Redfin estimates that 15.2% of all home sales this year in metro Denver went to b...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2020-12-23 08:33:05

Americans have embraced every challenge, moved immovable obstacles, and defeated powerful enemies with steadfast determination since the Pilgrims landed at Plymouth Rock. As we enter the New Year, most people are thinking about 2021 as the year when ...

Posted by: RE/MAX Masters Millennium
Category: Real Estate
Date: 2020-12-22 10:03:34

The December Denver Metro Real Estate Market Update and market final figures for November shows listings DOWN 47% from November 2019. This lack of homes for sale (5,107)) is creating bidding wars again. To put that in historic perspective a normal i...

Posted by: Vickie Hall
Category: Market Trend
Date: 2020-12-22 02:49:57