As the clock struck midnight and we closed out 2023, thoughts have shifted to the new year and the promise of a better real estate market. With so many views on what is happening in the market we wanted to share some of our …
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Persistent high mortgage rates and soaring home prices continue to exert influence on the Denver metro housing market. As of the end of October, the national average 30-year mortgage rate surged to a 23-year high, as reported by Freddie Mac. Concurrently, the median …
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Good news, home values rose substantially in 2022. Because of the increase in home values, the Federal Housing Finance Agency (FHFA) has increased the conforming loan limits for 2023!
The average for most counties in Colorado rose to $726,200, however there are many counties that have even …
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The metro Denver real estate market continues to be very strong with home prices soaring to all time levels. To keep up with the market, the conforming loan limits have been adjusted for 2022.
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2022 New Conforming Loan … |
Colorado's home prices have continued to soar throughout 2020. Due to the increase, the new conforming loan limit has increased to $596,850. This is up from $510,400 in 2020. The new conforming loan limit covers the following counties.
Exciting news coming for 2020! The new Conforming Loan Limit for most of Denver Metro Area is going to be $510,400 which is up from $484,350 in 2019.
The new "High Balance" loan limit will be $575,000 which is up from $561,200.
The High Balance …
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What is the selling season you ask? The Selling Season typically starts in late April and runs through August. It's the time of year where you have your highest concentration of potential buyers looking to buy a home. Statistics have shown that …
View MoreCurious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific …
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