She Wanted a New House in a New City. What Would $400,000 Buy in Colorado?

After the pandemic derailed her plans for a life in New Mexico, a retired schoolteacher ‘was ready to go back home’ to Colorado. But Denver and Boulder were too expensive.

$1.8 Million Homes in New York, Tennessee and Colorado

A modern retreat in Tivoli, a late 19th-century Shingle Style house in Signal Mountain and an 1891 limestone home in Denver.

Searching for a Home: Test Your Knowledge

Are you familiar with the essentials of a home search? Take our quiz.

$1.6 Million Homes in California

A Victorian cottage in Little River, a three-bedroom bungalow with a guesthouse in Los Angeles and a renovated 1913 home in Berkeley.

What to do in Denver in November 2023

November events and fun!

 

 

 

November 11th-19th: Denver Fashion Week Fall 2023

“Denver Fashion Week (DFW) is Colorado’s largest fashion showcase featuring emerging designers, local boutiques, national brands, hairstylists, makeup artists, and models.









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Denver Real Estate News – November 2023

 

LOCAL MARKET UPDATE

Navigating Turbulent Mortgage Rates in Denver

 

Denver’s real estate landscape is witnessing significant shifts amidst a challenging interest rate environment. A 20% decrease in sales in September from the month prior, coupled with a substantial rise in mortgage rates to an average of 8.04% as of 10/25, has marked a period of slowdown and uncertainty.

Despite these hurdles, September showed surprising resilience with an 11.2% increase in Active Listings from August, though housing inventory levels remain well below the 50-year average. Home prices continue to showcase their strength, with single-family homes holding a median price of $640,000 and condos & townhomes at $420,000. However, sellers are experiencing a longer time on the market – now averaging 30 days.

This dynamic is creating a nuanced market with sellers still in a favorable position. Despite this, the rising mortgage rates are having a noticeable impact, with new mortgage application activity plunging to a 28-year low, as reported by the Mortgage Bankers Association. Homebuying affordability is being significantly challenged, with 30-year-fixed-rate mortgages passing the 8% mark, making borrowing increasingly difficult for potential buyers.



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How to Get Your Security Deposit Back

State law requires landlords to return security deposits within 14 days.

The Village Home of George Lois, Visionary Adman, Is Listed for $6 Million

Mr. Lois, who died in 2022, combined two apartments at the Butterfield House in the early 1960s with his wife, Rosemary, who predeceased him by two months.

Homes for Sale in Manhattan and the Bronx

This week’s properties are in SoHo, Kips Bay and Fieldston.

Homes for Sale in New York and New Jersey

This week’s properties are five-bedroom in Moorestown, N.J., and a four-bedroom in Garden City, N.Y.

Three Friends Bought a Brooklyn House Where They Could Live Alone Together. Which Was the Right Fit?

With a combined budget of up to $3.5 million, the trio sought a townhouse that could offer communal living space and separate apartments, but options were scarce. Here’s what they found.

America’s Most Expensive ZIP Codes

California areas dominated the top 100 this year (and last).

Three Friends Bought a Brooklyn House Where They Could Live Alone Together. Which Was the Right Fit?

With a combined budget of up to $3.5 million, the trio sought a townhouse that could offer communal living space and separate apartments, but options were scarce. Here’s what they found.

$800,000 Homes in Rhode Island, Oregon and Ohio

An early 19th-century house in North Kingstown, a two-bedroom condominium in Portland and an English country-style home in Upper Arlington.

Medford, N.J.: A Rural Township With a Quaint Downtown

The Burlington County community often surprises new residents with its woodsy vibe: “It’s not at all what we thought of when we thought of New Jersey.”

What’s the Easiest Houseplant? Many Experts Will Give You One Answer.

Bromeliads tend to have an “easy disposition” that allows them to flourish in low light with infrequent watering. And that’s not the only remarkable thing about them.

Setting a Table for the Holidays? Designers Share Their Secrets

For starters, don’t worry if there isn’t much space: “The closer the people are, the better the party.”

An Apartment at 220 Central Park South Sells for $75 Million

The full-floor apartment was sold to a buyer who already owns a condo in the building. Another property went for $66 million, and still others for $50 million or more.

$2.5 Million Homes in California

A midcentury-modern house in Claremont, a three-bedroom condominium in San Francisco and a 1937 home in Glendale.

In Queens, Strangers Become Neighbors

Rent increases in a building in Sunnyside encouraged tenants to band together. Now they know one another’s names and help keep an eye on building management.

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