A4HB Homebuyer's Blog

A4HB clients at closing with masks on during COVID-19 pandemic
From the Newsletter
A4HB Team

Market Impact of COVID-19

Many of you are wondering what’s going to happen to the real estate market given the corona virus pandemic and its impact on the economy.  We’re just a few weeks into this, but the data below may provide some initial insight.  Effects on Showings First, as public concern with the virus and social distancing began to increase, the number of home showings in Colorado, and nationally, dropped dramatically, beginning March 11th and running through March 31st.  Nationally, this leveled out at about 50% of normal by March 31st, but in Colorado there was a second steep drop beginning April 6th, with showings

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April 20, 2020 No Comments
How quickly they sell graphic
From the Newsletter
A4HB Team

What Time of Year Do Prices Increase?

What Time of Year Do Prices Increase? by Norris Minick Prices Increase More in the First Half When people hear that house prices are going up 12% a year, it sounds like they are going up 1% a month over the entire year. However, that’s not really how it works. In a market where prices are surging, nearly all the price increase occurs between January and June. So, when we have a 10% price increase, a house that sold for $500,000 house in January would sell for $550,000 by the end of June. For clients who are starting their house

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November 27, 2018 No Comments
Prices and appreciation graphics
Home Buyer Issues
A4HB Team

The Market in 2018…and 2019?

The Market in 2018…and 2019? by Norris Minick Is the Market Slowing? The Denver Post has published several articles suggesting that the housing market in the Denver metro area is slowing. Signs show that we may be returning to a more balanced market than we’ve seen since 2013. Since the market always slows in the fall, it pays to be skeptical of these articles, but it does seem to have slowed a bit more this fall than normal. The Post cites some interesting data, noting that closings on residential properties dropped 20% from August 2017 to August 2018, while the

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November 27, 2018 No Comments

Pick Your Best Investment as a Residential Buyer

Pick Your Best Investment as a Residential Buyer By Norris Minick In a recent post, we presented some data on a gap that opened up between 2002 and 2010 between condo/townhome prices and prices for small single family homes. Then we noted that this gap narrowed substantially in most local communities over the past few years. This raises a question: If buyers see a price gap opening up, does it made sense to buy a condo or townhome, rather than a single family home, to maximize the potential of their investment? How do you pick your best investment as a

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August 30, 2016 No Comments