Real Estate Market Update

Hot or Not?

First-time buyers are becoming more active as spring inventory is offering a wider selection. With a strategy to buy before spring prices climb, millennials are making the smart decision to move up from homes priced less than $500k to more than $700k. Like to know more about the your specific neighborhood/sub-market within the Denver Metro area Real Estate market? Contact us at Brick and Main RE today.

Did You Know?

Interest rates dropped 0.25 percent lower than they were a year ago, stimulating a national increase in purchase applications by four percent, and refinance applications by 8.5 percent from this time last year. The interest rate decrease can make an impact of $25k to $50k in buyer purchasing power, and may help some get into better school districts, nicer houses or bigger homes.

It is still a great time to sell! Please let us know how we can help when you are ready to list your home?

Buy Now or Later?

Around 35 percent of mortgage borrowers in metro Denver are “equity-rich,” meaning their homes are worth at least twice as much as what is owed on the property, according to ATTOM Data Solutions.

What’s Happening in Denver?

Where are the best trails to hike in the Spring near Denver? Here’s a top 10 list of the best Spring hikes near Denver so you can get your boots out and discover some beautiful Colorado landscapes. Visit https://dayhikesneardenver.com/best-spring-hikes-near-denver/ for more info!