From October to November, the market saw a staggering decrease in inventory.
There was a 33.41% decrease in month-end active inventory, dropping to 2,248. Throughout the entire Denver Metro area, there are currently only 1,444 single-family detached properties and 804 attached properties to buy.
2022 could be the most competitive year yet. Over the past five years, month-end active inventory dropped between 23.36% in 2016 and 27.92% in 2019. Theoretically, if inventory stayed the course and dropped 25% this year, the market would end the year at 1,686 active properties leading into 2022, which is drastically lower than the end of 2020 and would lead to the most competitive year yet. With 2,248 active listings on the market and that number expected to go down by the end of the month, expectations are that 2022 will be a crazy year.
Despite high competition on the horizon, people continue to buy and sell.
Year-to-date, there have been more houses purchased than in any of the previous five years, with the median sales price for single-family and attached properties setting records at $525,000.
In the luxury market, Denver has more buyers ready to spend $1 million or more on their home today than any other time on record.
With prices higher than ever, November 2021 was more of the same record-breaking trends with lowest inventory, lowest days in MLS, highest sales volume and highest average prices.
Last month, inflation drove up the prices for Denver real estate.
The sales volume in the luxury market is the highest the market has seen in the last five years, up a staggering 69.17% from last year alone. When breaking it down to the attached market, luxury sales are up a whopping 145.84% year-over-year, likely due to the lack of interest in attached living in 2020.
*Written December 8, 2021. Updates may be available after this date.
Shh … we have a little secret! Did you know that the last couple months of the year are an underrated time to sell your home? Yes, we know what you’re thinking: it might be a bad time to sell since most everyone will be busy traveling and preparing for the holiday season, but it can actually work to your advantage. If you’re hesitant about selling your home in the winter weather, maybe these arguments will convince you:
1. Buyers are serious. Due to sudden changes in circumstances, like a new job or wanting to be closer to family before the holidays begin, people are willing to put down money for a home ASAP.
2. The real estate inventory is significantly lower. With less competition, your home can be sold for a higher price and quicker than when the housing market is in higher demand in the spring. Your real estate agent may also be more available since there aren’t as many other prospective homebuyers. You can also hold more showing times because buyers are more likely to be on vacation.
3. There’s nothing like walking into a warm and inviting house after coming in from the cold. A welcoming home allows homebuyers to picture themselves in the space. Invoking this emotional response in a buyer will give them that extra push to pull out their pen and sign the closing documents.
4. End-of-year tax breaks are an added benefit for purchasing a home before December 31st. Those buying a home in the winter can deduct mortgage interest, property taxes and interest costs by closing the sale before the year ends.
5. Decorating the interior and exterior of your home can also contribute to successfully selling your home during the winter. But err on the side of caution when decorating; too many baubles and things can distract buyers from the key points of your home. Highlight areas like fireplaces and living rooms to bring warmth to the space.
Though most home sales happen when the weather outside is less … frightful, the fireplaces inside the houses on the winter market are … delightful! You don’t need to wait for the sunshine to sell. For more advice on how to sell or purchase a home this season, contact us today at kentwood.com.
Distinction: Excellence that sets someone or something apart from others.
As we head into the final month of our 40th year at Kentwood Real Estate, it’s a fine time to honor the people of distinction who founded, fostered and created one of the top real estate brands in Colorado and the U.S.
In January 1981, five brokers at Van Schaack and Company: Jack Bradbury, John Burns, Roger Campbell, Jim Nussbaum, and DeWayne Willardsen, formed the beginnings of the distinguished brand that would become Kentwood Real Estate.
Over the years, the core of Burns, Campbell, and Nussbaum remained. Campbell and Nussbaum are still associated with the firm today. A few other recognizable names in Denver real estate who over time owned shares in the company or offices were Peter Niederman, Bill Moore, John Fitzpatrick, Dee Chirafisi, Jim Theye, Hank Edler, Julie Hummel, and Chris Vuletich.
A History of Excellence
Kentwood’s strong leadership team saw the company through the worst recession in U.S. history and grew the company to a record year in 2015 as a local boutique brand. Niederman sold the three metro Denver residential offices, a new commercial division and Denver Rental to Berkshire Hathaway’s HomeServices of America in June 2016.
In 2017 Prosperity Home Mortgage was added to the Kentwood family of companies and in 2018 we expanded our footprint to Northern Colorado with the addition of Kentwood Northern Properties. This year we’ve added HomeServices Insurance.
Nothing but the Best
Kentwood real estate agents are successful because they’re serious about providing the utmost in customer service, knowing their profession, and being experts in the market. All of our agents – commercial and residential, leasing agents and property managers – view their chosen profession with passion. They execute for clients nationally and internationally, utilizing the networks our company has created to go beyond Colorado real estate. The Kentwood staff bring their all every day and they know that creating and supporting the best brokers in the business requires the best staff in the business.
Thank you to our Kentwood clients and customers past and present, to our current and past brokers and agents, to our current and past owners, and to our staff and leadership team. It’s been a tremendous 40 years. 2021 will set a new record. We’re ready for the next 40 years at Kentwood!
Droves of people are relocating to Denver every year to enjoy over 300 days of sunshine, endless outdoor activities, a fantastic culinary scene, and a booming economy. The state’s capital offers abundant activities and entertainment for residents and visitors alike. There is something for all age groups in the Mile High City with over five hundred restaurants, fifty museums, one of the largest public art collections, five major sports teams, and proximity to one of the best concert venues in the world.
Below is an in-depth look at our opinion on the top things to do in Denver. At Kentwood Real Estate, we are proud to support numerous civic and community endeavors and serve as a proud member of Colorado’s growing community. Please contact us today to get in touch with one of our expert Realtors for your next home purchase or sale.
Hands down the best park in Denver, Washington Park is 160 acres smack in the heart of the city. Along the 2.3-mile loop trail are several playgrounds, tennis courts, basketball courts, two lakes, and a boathouse. During the summer months, volleyball courts litter the grassy areas, and fishermen serenely cast lines along the banks of the lakes. The park is nestled in the Washington Park neighborhood. It has a long history of being an esteemed district because of its proximity to the University of Denver, culture, and prestige. Historic Old South Gaylord Street is a short walk east of the park and worth exploring for casual shopping at high-end boutiques, elegant dining, and local bars.
Museum of Nature and Science and the Denver Zoo
Located adjacent to each other in City Park, the Museum of Nature and Science and the Denver Zoo are iconic Denver establishments that have been around for decades. The Denver Zoo’s “Light Festival” is one of the most breathtaking Christmas light displays in the city, so if you are in Denver during December, it’s a must-see! The Natural History Museum is a cut-above educational experience for children. They have an IMAX with daily short films, as well as planetarium shows on the hour. Depending on your children’s age, we recommend seeing the Natural History Museum and Denver Zoo on the same day. It might be too much for kids under the age of five, but those a little older will love the full-day experience. Both the museum and zoo offer a variety of food and beverages to keep your children well-nourished all day long.
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Cherry Creek Reservoir
Cherry Creek Reservoir is home to the largest body of water in the Denver Metro area, with the entire park spanning over 11,500 acres. The reservoir includes countless recreational areas such as water sports, biking, walking trails, scenic views, and camping sites. You can also take advantage of family fun options, such as picnic areas and boat docks. The reservoir is technically located in Aurora but only a short drive away from central Denver and Greenwood Village. Since you will be in that part of town anyway, we recommend checking out YaYa’s European Bistro for a bite to eat, making our list of the best rooftop decks in the Denver metro area.
Red Rocks Amphitheater
Red Rocks Amphitheater is a natural, open-air theater located just west of Denver in Morrison. The rock formation surrounding the theater creates a natural acoustic sound perfect for live music. Red Rocks is one of the most famous music venues in the United States and the world. Many of the world’s top artists historically have called it their favorite place to play. You can also hike the arena and surrounding areas during the day, with numerous subsidiary trails, geological overlooks, and stunning red sandstone monoliths. In addition to a full concert lineup, the park offers “Yoga on the Rocks” on the weekends and “Film on Rock”s on non-concert nights.
Denver boasts some of the best weather in the world. Due to the frequent sunshine, outdoor activities are possible year-round, even in the winter months. If you are a parent looking for fun activities for your little ones, Denver is a city designed to emphasize children’s health and well-being. Specifically, the Mile High City has a plethora of fantastic playgrounds for kids. The options range from large parks to more intimate spaces for families to choose from. One of our favorite playgrounds is located in the infamous City Park, centrally located in Park Hill. Whether you are a resident or visiting from out of state, City Park provides a full day of activity to keep your kiddos smiling and active, including easy access to the Denver Zoo and Natural History Museum. For more information on playgrounds in Denver, here is a list of our top choices.
Coors Brewery Tour
Located in Golden Colorado (20 minutes from Downtown Denver), the Coors Brewery is home to one of the world’s most famous international beer brands. The brewery tour is approximately 30 minutes long and provides a wealth of information on malting, brewing, packaging, and Coors’ rich history in Colorado. The brewery is the largest single-site brewery in the world, occupying 1,500 acres. The tour is available daily. Following the tour, we suggest taking a short drive to downtown Golden – a quaint town resting along the banks of Clear Creek, with a history dating back to the 1850s.
Local Coffee Shops
Coffee shops are embedded in the local Denver culture. They are a respite and peaceful escape from everyday Colorado life, a place where people go to catch up with friends, work on their laptops, or just take a break. Denver is notorious for being a big city divided into cute, unique neighborhoods with personalities of their own. For the perfect cup of Joe, we recommend Wash Perk, only several blocks west of Washington Park (our favorite Denver park). We also recommend Mutiny Information Cafe on South Broadway, among Denver’s oldest and most extraordinary neighborhoods. Here is a wonderful article we recently published on the best local coffee shops in Denver.
Colorado’s history is rich with western settlers, gold miners, cowboys, and ranchers. The Buckhorn Exchange is Denver’s most historic eating and drinking establishment, dating back to 1893. More than just a restaurant, there are hundreds of memorabilia on display showcasing Colorado’s history. You can also order eclectic culinary dishes such as rattlesnake marinated in red chile, fried alligator tail, and rocky mountain oysters. We advocate for the t-bone steak, Colorado lamb, or barbequed baby back pork ribs for a more traditional meal. The Buckhorn Exchange is an excellent opportunity to fill your tummy with sustenance and soak in a bit of the Old Wild West.
Located in the heart of Capitol Hill, Cheesman Park is a once Native American cemetery now completely revamped and bustling with people. The park features a small amphitheater, walking and biking trail, and loads of green space for picnicking and sporting activities. With panoramic views of downtown and the Rocky Mountains, Cheeseman Park is our favorite place in Denver to watch the breathtaking Colorado orange, red, and blue sunsets. Located on the eastern side of the park is the Denver Botanic Gardens, and just north is historic Colfax Avenue.
Denver Botanic Gardens
For those horticulturists and just plain individuals who love nature, the Denver Botanic Gardens will fill all of your photosynthesizing needs. The 23-acre park contains a conservatory, science pyramid, several lily ponds, and a plethora of themed gardens. The sunken amphitheater hosts regular concerts throughout the summer, where you can bring a picnic blanket and a bottle of wine. During the winter, Blossom of Lights is a can’t miss showcase of color display. There are also pop-up exhibits sprinkled throughout the year, so be sure to check the schedule.
Denver residents are passionate about organic food, healthy living, and supporting local farmers and ranchers. Littered throughout the summer months are numerous farmers’ markets offered at various times throughout the week. The South Pearl and Cherry Creek farmers’ market are two local favorites. Here is a list of farmers’ markets throughout Denver, with times and dates included. A couple of packets of organically grown raspberries can jolt you with the energy needed to conquer the day!
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Denver Art Museum
The largest art museum in the Rocky Mountain region is centrally located in the Civic Center, just several blocks south of downtown. Home to an average of 10 permanent collections and 70,000 works of art, the Denver Art Museum is an impressive display of the world’s mastery and skill. Some of our favorite galleries include 19th Century European Art, Indigenous Arts of North America, and Gio Ponti.
Coors Field exudes ballpark vibes in a gorgeous, red brick, open-aired stadium. Home to the Colorado Rockies, the stadium was built in 1995 and is centrally located in Lower Downtown Denver (LODO) – a hub of bars, eateries, and fine dining. While enjoying an evening game, spectators are blessed with an elevated view of magical sunsets overlooking sweeping vistas, perhaps the best vantage point in the city. If you are bringing the little ones, don’t miss snapping a photo with Dinger – a massive purple mascot. If it is an adult outing, make sure to check out the rooftop bar.
It’s not often a hundred-year landmark is refurbished yet still keeps its authentic look and feel. This is precisely what you get when stepping foot into Union Station, located in downtown Denver. Cooper Lounge, located on the second floor, has a classic early 20th-century vibe and overlooks the first-floor terminal. There is also an array of shopping and dining on the main floor, including Snooze AM Eatery and Stoic and Genuine. If you are coming from Omaha, Chicago, Salt Lake, or Oakland, you can take the train directly to the station and stay at the hotel located on the top floors.
Fiddlers Green is an outdoor venue located in Greenwood Village. Originally constructed in 1988, the largest open-air amphitheater in the Denver metro caters to many well-known artists, including Garth Brooks, Neil Young, Dave Matthews Band, and Willie Nelson. With over 7,500 seats and a general admission section for standing only, there is plenty of space to relax while sipping on a cold beer or wine,; dance, and enjoy the live music.
With stunning views of the Rocky Mountains, a vibrant culinary and nightlife scene, dozens of local breweries, and a fantastic park system, it’s no wonder Denver is consistently ranked one of the best cities for tourists and residents alike. Kentwood Real Estate is built on the foundation of broker excellence. We are passionate about real estate and inspiring people to imagine the next steps in their life journey. Whether you are thinking about listing a house, beginning your search for a new home, or have a question about the area, please feel free to contact us today.
There are many reasons you may want to sell your home: your family could be growing or shrinking, you could be relocating for work, you might want to move into an upgraded property, etc. Now that you’ve decided to sell, what comes next? Here is a checklist of eight things to do to jumpstart the process:
Get Your Home Ready
I know that seems like a ‘duh’ here, but what does it mean to really get your home … ready? To start, you’ll want to check the value of your home. You can get a free home value estimate easily online. HomeLight has a great home value calculator; they look at housing market data with information about your house. After checking the estimation of your property, take a look at your equity, and most importantly, start packing and performing your version of Marie Kondo shedding!
Hire an Agent Who Knows the Market
According to Bankrate, “An experienced agent earns the fee by exposing your house to the broadest audience to garner the best offers possible, and negotiating on your behalf.” A real estate agent helps bring attention to your home by figuring out your most valuable offers. If you do this by yourself, it would be far too much work to take on.
Kentwood’s knowledgeable real estate brokers would love to help you sell your home; you can learn more about our experienced group here.
Set a Timeline for Selling Your Home
Selling your home can take two to four months from start to finish and potentially longer, depending on the market conditions. When you decide to sell your house, it’s essential to start looking at real estate agents to find what will fit best for your situation.
Prepare Your Home for the Market
Get an optional home inspection.
Clean, clean, clean!
Take professional photos: they can make your home more appealing to buyers and renters. (Trust us, it’s worth the extra money to get these professionally done.)
Stage your home to make it inviting for those coming to look.
Kentwood’s Amplify services provide access to a team of professionals to help elevate your home’s value, and they tell you precisely what they believe you need done. They have options for renovation projects and cosmetic updates, such as staging, painting and decluttering. They also have options for deep cleaning, moving and packing assistance, and trash removal.
Set a Realistic Price
It’s critical to get your pricing right the first time. If you set it too high, your house might not sell. If you set it too low, it might misrepresent your home’s value. Evaluate your pricing based on the other homes in your neighborhood that have gone up for sale.
Put Your House on the Market
Promote your home, both online and offline, and prepare for showings by staging it and keeping it clean. A pro-tip from Bankrate is to let someone else show your home so that the potential buyers can come in and imagine themselves in your house.
Review and Negotiate Offers
When the offers start to come in, your real estate agent is your best advocate. Depending on the market at that time, you might get several offers or not as many as you would’ve hoped.
If you receive an offer, you can either accept that offer, reject the bid or make a counteroffer. Counteroffers have a short timeframe for the buyer to respond, and they should always be in writing.
Bankrate advises to look at other aspects of the offer, rather than taking the highest one:
How the buyer is paying (cash or financing).
The type of financing.
Down payment amount.
Requests for credits or personal property.
Proposed closing date.
Sign the Final Paperwork
When you find the buyer and price that’s right for you, sign those papers! Review the settlement, determine what the buyer owes on the sale and receive your money. Selling your home is a process that can be time-consuming, but it’s extremely important and rewarding. By taking these steps, you’ll be able to find a perfect buyer. Good luck on your next homeselling journey, and congratulations on a new home! Kentwood Real Estate is all about helping people live their best lives. With a top-tier team of brokers, Kentwood is excited to help you with all of your home needs, including marketing for your home, intimate, local real estate knowledge and opportunities to get more for your home. Contact our team today at 1-888-621-7157!
It’s becoming more and more clear that Northern Coloradans are growing weary of the hectic homebuying scramble, especially for attached properties.
Average Days on Market in October Increased Year-over-Year for All of Northern Colorado’s Attached Housing Markets Except Fort Collins and Timnath Timnath didn’t have any closed sales while Berthoud’s attached market experienced a 604.65% increase from 43 days in 2020 to 303 days in 2021, and its detached housing market experienced a 3.37% increase from 89 to 92 days. During September 2021, only Boulder’s attached market experienced a year-over-year increase in average days on market.
Home Sales Decline in Northern Colorado
Closed sales were down year-over-year across all of northern Colorado, with Timanth’s attached market taking the lead down 100% from 7 sales to 0, and its detached market was in second place with a decrease of 80.85% from 47 days to 9.
Average Home Sale Price Increases Across Northern Colorado
Despite fewer homes selling, average sales prices have increased year-over-year across all of northern Colorado (with the exception of Timnath’s attached market). Berthoud’s attached market saw the largest year-over-year increase in average sales price of 92.39% from $309,800 to $596,017. Berthoud’s detached housing market experienced the second-largest increase in average sales price of 29.43%, from $544,798 to $705,141. Berthoud’s homes are taking longer to sell, and fewer of them are selling, but they are not going cheaply.
Timnath’s detached market saw the smallest year-over-year increase in average sale price of 7.15% from $695,271 to $744,959. Buyers need to act fast if they want to enjoy the lowest price increase in Timnath, as average days on market for detached homes dropped 48.25% from 91 days in 2020 to 47 in 2021.
In a year of turbulence, October represented a month of ease in the bumpy Denver real estate market. Across the board, the majority of statistics were seasonally consistent with what Denver has seen in years past, boding well for more households.
In Month-End Active Inventory, Denver Saw When Lower Numbers Change, They Yield Higher Percentages
At the end of October, there were 3,376 properties on the market, a 14.98% decrease from the previous month. The amount of listings also decreased by 13.28%, showing minimal changes in the month-end inventory.
While Properties Are Still Closing Above Asking, Realities Caught Up With Expectations
At 101.82% of the list price, buyers can be grateful that the extreme bidding wars are less common, and those without 20% to put down have a fair shot at a house, and the continued low interest rates can keep monthly payments down.
In the Luxury Market, Sellers Also Had a Lot To Be Thankful for in October
With homes only taking 25 median days in MLS to sell and sellers receiving 101.77% of their list price, luxury sellers have great opportunities to sell quickly and for top dollar. New listings were down 19.51% from the prior month and down 5.94% from one year ago. As soon as a listing came on the market, it was under contract, with 421 homes moving to pending status, up 4.21% from last month. With fewer homes on the market, Denver saw a 17.01% decrease in our sales volume month-over-month and a 12.04% dip year-over-year.
October Ultimately Showed That Even Though the Homebuying And Selling Process Is Hard, There Is Still Hope
Realtors® have had to re-strategize as buyers have felt demoralized and sellers have had to move, but there have been more homes purchased year-to-date than years past, and seasonal effects have re-opened the door for those that had previously felt discouraged from the buying process.
Despite Seasonal Slowdown, Timnath’s Attached Market Rages On
The white-hot real estate market is beginning to cool in northern Colorado as closed sales of detached and attached homes experienced a year-over-year decrease during August. The only regions with a year-over-year increase in closed sales were Timnath’s attached market, with a staggering 83.33% year-over-year increase, and Boulder, with a 4.71% increase. Berthoud’s attached market showed the most significant year-over-year decrease in closed sales of 53.85%.
Homes Are Not on the Market for Long
Although closed sales are slowing from 2020 levels, average days on market continues to decrease year-over-year across almost all of northern Colorado. Timnath’s attached market was the only one that saw an average days on market increase of 1.27%. Berthoud’s attached market had homes flying off the shelf the quickest, with an impressive year-over-year decrease of 85.59%, down from 229 days in 2020 to 33 days in 2021.
Homes Are Still Selling for More
Although voraciously hungry homebuyers have had their appetite slightly tamed, the average sales price was still up year-over-year in every northern Colorado area except Timnath’s detached market, which showed a decrease of 7.97%. Fort Collins’ detached housing market had the greatest year-over-year increase in average sales price of 27.24%, up from $530,676 in 2020 to $675,255 in 2021.
In addition to an increase in average sales price, the average close-to-list price has experienced a year-over-year increase in every northern Colorado market. Timnath’s detached market had the smallest increase in average close-to-list price of 2.10%; however, at 102.3%, buyers were still paying more to stand out from the competition. Despite its high housing costs, Boulder has surprisingly demonstrated the lowest average close-to-list price of 98.3% in 2021.
*Written September 3, 2021. Updates may be available after this date.
July 2021 Showed That Seasonality Is Beginning to Occur in the Market
While still in a robust seller’s market, the July 2021 report indicates that as we head into fall, buyers will start to have more time to review properties and less competition on the number of offers overall. The DMAR market trends report showed an increased inventory of 29.92%, while it also represented a decrease in closings of 12.30% compared to the previous month, indicating a supply increase and demand decrease.
July Inventory Reflected the Flow of the Market
While the average closed price was 16.40% higher this July than July 2020, and July represented the lowest number of active properties at month’s end in July’s history with an inventory of only 4,056 properties, this number actually increased from June to July, reflecting the flow of the market.
The Luxury Market Continues to Quickly Move and Remains Strong
Both the attached and detached segments showed close-price-to-list-price ratio averages at 101.39% and 103.40%, respectively. In the attached segment, the Luxury Market had slightly more inventory month-over-month, more pending sales, fewer closings, a lower sales volume and less days in the MLS. There was also an increase in the close-price-to-list-price ratio and in the price-per-square-foot. Meanwhile, month-over-month in the detached segment reported less inventory, fewer pending, fewer closed homes, a lower sales volume and a lower average days in MLS.
Overall, Historical Perspective Indicates a Common Transition From June to July
The Denver market indicates that an increase in inventory and a decrease in sales volume is not uncommon in the transition from June to July. With the relative lack of inventory, it can be expected that the balance between supply and demand will stay steady through the remainder of the year.
Real estate brokers are often asked whether a particular home they’re contemplating “will be a good investment.” There are buyers concerned with finding the perfect nesting spot, and others worry whether they’ll come out financially ahead.
Some investors look strictly to commercial real estate, but for this analysis we’re talking about residential homes a buyer intends to reside in.
Much of the calculation depends on various factors, including how long the homeowners will keep the property, whether it’s compromised by a busy road, whether the homeowners plan to keep it in tip-top shape or upgrade, and whether it’s a single-family home or a condominium.
Recently in a post on the Liberty Street Economics blog, the Federal Reserve Bank of New York noted that Americans believe buying a home is definitely or probably a better investment than buying stocks. A subsequent Gallup Poll reaffirmed those findings.
In an article on the current real estate market, Gallup reports:
“Gallup usually finds that Americans regard real estate as the best long-term investment among several options — seeing it as superior to stocks, gold, savings accounts and bonds. This year, 41% choose real estate as the best investment, up from 35% a year ago, with stocks a distant second.”
Here’s the breakdown:
Is Real Estate Really a Sound Investment?
Americans have great confidence in real estate as a good long-term investment and view their home as a way to build future wealth. Although there is some underlying anxiety that the build-up in home values may be mirroring what happened just prior to the 2008-11 housing crash. According to Merrill Lynch, J.P. Morgan, Morgan Stanley, and Goldman Sachs, the current real estate market is strong and sustainable.
As Morgan Stanley explained to their clients in a recent podcast:
“Unlike 15 years ago, the euphoria in today’s home prices comes down to the simple logic of supply and demand. And we at Morgan Stanley conclude that this time the sector is on a sustainably, sturdy foundation. This robust demand and highly challenged supply, along with tight mortgage lending standards, may continue to bode well for home prices. Higher interest rates and post-pandemic moves could likely slow the pace of appreciation, but the upward trajectory remains very much on course.”
America’s belief in the long-term investment value of homeownership has been, is, and will always be, very strong. Home prices have been stable or rising the propensity of time over decades, even through other sector downturns. It’s good to diversify your investments, but don’t discount the long-term value of owning real estate.
Find a Kentwood Real Estate Broker, or your next Colorado home, on our website, www.kentwood.com. We service the Front Range of Colorado from south metro Denver, throughout Denver metro, Evergreen, Boulder, and northern Colorado, including Loveland and Fort Collins.