Denver Real Estate News
Denver
New Listings in U.S. Fall 17 Percent as Home Prices Rise 15 Percent
According to U.S. property broker Redfin, the median home sale price increased 15% year over year to $321,250. "The housing market is now like a Soviet-era supermarket, with most of the shelves empty"
Black Homebuyers Twice as Likely for Mortgage Rejections Than White Buyers in U.S.
According to the National Association of Realtors, minority homeownership stubbornly lags behind the national rate, with Black Americans facing some of the toughest hurdles to achieving this essential part of the American Dream.
Builder Confidence Remains High in North America
The National Association of Home Builders latest NAHB/Wells Fargo Housing Market Index released this week, strong U.S. buyer demand helped offset supply chain challenges and a surge in lumber prices as builder confidence in the market for newly built single-family homes inched up one point to 84 in February 2021.
Half of U.S. Counties at Risk for Increased Rental Property Defaults in 2021
The RealtyTrac Rental Property Risk Report gauges the relative default risk of single-family rental homes, almost 90% of which are owned by mom-and-pop investors who own fewer than 10 properties.
