Spring Real Estate Update

 

The 2017 Real Estate Market in Review

We've assembled a breakdown of how our market performed month to month over the course of 2017. 

 The market remained tight due to historically low inventory.  This chart demonstrates the seasonality of Real Estate - with more homes coming to market over the course of Spring, and the declining towards the end of Summer.

The market remained tight due to historically low inventory.  This chart demonstrates the seasonality of Real Estate - with more homes coming to market over the course of Spring, and the declining towards the end of Summer.

 When we start seeing the sold and active listings touching each other- you can bet it's been a hot market and that we literally cannot sell homes fast enough to make up for the need.  Note what a radically different market it was back in 2010!

When we start seeing the sold and active listings touching each other- you can bet it's been a hot market and that we literally cannot sell homes fast enough to make up for the need.  Note what a radically different market it was back in 2010!

 This chart shows you how average sales prices change over the course of a year- over $64,000 in difference for high/low data for single family homes!

This chart shows you how average sales prices change over the course of a year- over $64,000 in difference for high/low data for single family homes!

Made for TV?

In case you've always wanted to be the next HGTV star, opportunity is knocking!  Call us for details....

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How Does your Neighborhood Compare?

We don't send out a lot of print pieces, but we do this one bi-annually to keep our clients informed about how their investment is faring.  Email CoakleySacerdoti@Kentwood.com to be included in our next report in July!

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Monthly Denver Data

In case we had't sent you enough data yet....

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The Tax Bill and it's Ramifications on YOUR Home

There was a lot of back and forth over the final iterations of the major tax reform bill and we are happy to report that the National Association of Realtors, a lobbyist group that works on behalf of realtors, successfully retained some of the home ownership incentives that previous drafts of the bill had removed.  The drafts would have dramatically reduced the benefits of home ownership less than 5 years which constitute a large percentage of our transactions and we are thrilled to have won this important feature back!  Please read the article below to learn more- I know you see that request all the time - but this really is a huge deal for anyone owning a home now or in the future:

Tax Reform Bill on Housing Weblink