2023: The Year You Didn’t Buy a House

Just 16 percent of homes listed in 2023 were affordable for the typical American household.

Scott Rudin and a Neighbor List Two Townhouses in West Village

Two townhouses in the West Village, one owned by the producer Scott Rudin, are listed together at $37.5 million. They could be combined into a 40-foot-wide mansion.

$825,000 Homes in South Carolina, Oregon and Pennsylvania

An island retreat in Charleston County, a midcentury-modern home in Portland and an early 19th-century rowhouse in Philadelphia.

Renovating a Kitchen? Don’t Forget the Most Crucial Thing: Light.

Blasting everything with one bright light won’t do. Here’s how to create a multilayered lighting plan like the pros do.

$4.5 Million Homes in California

A Tudor Revival cottage in Carmel, an equestrian compound in the San Fernando Valley once owned by Patrick Swayze and a waterfront house in Huntington Beach.

Suddenly Single, He Took His $200,000 Budget Up to the Bronx. Would It Be Enough?

After an unexpected breakup, a college professor explored the co-ops of Riverdale and Spuyten Duyvil. Here’s where he landed.

My Neighbor Is Feeding Stray Cats, and My Yard Is Their Bathroom

Besides creating a nuisance to people, cats who roam freely can damage populations of birds and other wildlife.

$2 Million Homes in Connecticut, New Jersey and New Mexico

A 1707 Colonial in Westport, an 1879 Victorian in Ocean Grove and a three-bedroom home in Santa Fe.

Two Tiny Cabins on a Washington Island

For years, the antique cottage off the coast of Washington had served her well. But with grandchildren on the way, she needed a little extra space.

What’s Better Than a Tiny Island Cabin? Two, Side by Side.

For years, the antique cottage off the coast of Washington had served her well. But with grandchildren on the way, she needed a little extra space.

From the Lens of Lee Friedlander, Real Estate Focusing on the Real

The photographer traveled around the country, shooting the communities we live in, unvarnished and unfiltered.

Home Prices Grew, but Mobile Home Prices Grew Faster

Census data reveals the extraordinary growth of manufactured home prices since 2017.

Homes for Sale in New York and New Jersey

This week’s properties are a three-bedroom in Locust Valley, N.Y., and a five-bedroom in Medford Lakes, N.J.

Homes for Sale in Manhattan and Brooklyn

This week’s properties are in Lenox Hill, NoMad and Fort Greene.

National Association of Realtors Loses Its Grip on Real Estate Industry

The National Association of Realtors is facing antitrust lawsuits and sexual harassment allegations, and real estate agents are now looking for alternatives.

In Northern Ireland, a Couple Grapples With Renovating a Run-down Victorian

In Northern Ireland, one couple grappled with a problem familiar to families everywhere: How to get more space without spending too much money.

She’s Still in Love With Her Little Island

Readers were impressed with the audacity of Charlotte Gale, a massage therapist from New Jersey, who bought a small island in Maine.

Denver Real Estate News – January 2024


LOCAL MARKET UPDATE

The Gift of Homeownership

 

As the holiday season comes to a close, homeownership continues to be the gift that keeps giving. Not only does it provide the tangible benefits of shelter, safety, and warmth, but nice financial benefits. Real estate is the single largest investment most people make in their lifetime, acting as the most effective means to achieve personal and generational wealth. Case in point, The Federal Reserve reports the net worth of a homeowner is over 40 times greater than that of a renter!

 

The Denver Metro area is seasonally based, so looking at the year-over-year data paints a more accurate picture of our market at this time of year than the month-over-month data. Most of the metrics from our Market Snapshot are positive year-over-year (except for the number of Sold Listings and Average Days in the MLS). With more Active and Under-contract listings, we may be seeing a more balanced market going into the new year. Plus the potential of lower interest rates could positively impact the final data from December helping to mitigate the typical downward trend that usually occurs at the end of the year.

 




Continue reading

A ‘Terrible’ Fixer-Upper in Belfast

In Northern Ireland, one couple grappled with a problem familiar to families everywhere: How to get more space without spending too much money.

The First Step to Get Off the Streets? A Room of His Own.

For years, Theron Truluck was living in desperate conditions in New York City, mostly on the Q train. Now he’s part of a program that prioritizes housing for people who do not have shelter.

LikeRE Logo