Categories for Uncategorized

DMAR Real Estate Market Trends Report | May ’22

While inventory is on the rise, so are prices. The average price of a single-family detached home in Denver Metro is $825,073, representing a 3.93 percent increase from last month. With consecutive months of increased prices and interest rates, a buyer’s monthly mortgage has increased as well. The average close-price-to-list-price ...

Continue Reading

Denver commercial real estate market has opportunities for business owners

While the housing market has been difficult, it’s a different story for people looking to expand their businesses in the Denver metro area. The numbers show opportunities for business owners looking for office spaces. “It’s on an upward swing since COVID,” said Crystalle Guss, an Invalesco real estate agent. “A ...

Continue Reading

More ADU Rezoning On Tap for North Denver: The March of the ADUs Continues

  West Highland and Regis are the latest two North Denver neighborhoods targeted for possible rezoning to facilitate construction of accessory dwelling units (ADUs) on existing residential property lots. District 1 Councilwoman Amanda Sandoval is in the planning process that eventually could lead to City Council consideration of the change, ...

Continue Reading

Local Market Update: December 2021

  EXPERT OPINION: From October to November, we saw a 33.41 percent decrease in month-end active inventory, dropping to 2,248. Throughout the entire Denver Metro area, there are only 1,444 single-family de- tached properties and 804 attached properties to buy. At the beginning of 2021, there were conversations about what ...

Continue Reading