Colorado Real Estate News
Colorado Home Loan Originators Brandon Gibson & Christopher Gibson - www.GibsonHomeLoans.com
Published by
Chris Gibson & Brandon Gibson
19 July 2021
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Stories Super Local Homes & Trends For Realtors Leisure Colorado Mortgages
 
I know you expect me to be in the know when it comes to real estate news in and around Denver and Colorado, and now you can be too. I hope you find this latest version of my newsletter interesting and helpful. I can not thank you enough for all the referrals. Have a great day! 

Best regards,
Chris Gibson
720-394-8861


 
 
Most 'desirable' place to live in nation located in Colorado, according to new analysis
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Chris Gibson & Brandon Gibson
thumbnail outtherecolorado­.com - Many Americans seem to have their sights set on Colorado these days thanks to a good local economy and ample opportunities for outdoor recreation. With this in mind, it's not
The Median Existing-Home Price in the U.S. Has Reached an All-Time High
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Chris Gibson & Brandon Gibson
thumbnail housebeautiful­.com - The median price of an existing home topped $350,000 in May, the largest reported annual increase in more than two decades.
Home Affordability in Denver and Colorado Getting Worse
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Chris Gibson & Brandon Gibson
thumbnail westword­.com - The affordability numbers have hit record lows.
Colorado rents surge in June as demand for apartments ramps up
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thumbnail denverpost­.com - After staying flat or declining during much of the pandemic last year, apartment rents in Colorado are rapidly making up for lost ground, even in hard hit areas like Denver, according to a monthly up…
10 Places to Use Paint or Wallpaper to Create a Fun Design Moment
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Chris Gibson & Brandon Gibson
thumbnail houzz­.com - Add a bright pop of color and pattern to these areas to bring a sense of whimsy and cheer
The Ten Best Colorado State Parks for Outdoor Adventures
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thumbnail westword­.com - There's something for just about everyone at Colorado's 42 state parks. If you're interested in specific pursuits, here are ten you might want to try.
Housing market inventory is about to get better
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Chris Gibson & Brandon Gibson
thumbnail housingwire­.com - Low housing market inventory has driven up home prices all over the U.S. But we should see some relief in the next several months.
How to get around in Denver
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Chris Gibson & Brandon Gibson
thumbnail lonelyplanet­.com - Getting around Colorado's capital is pretty easy, especially if you're in the downtown area, with many, varied options.
Denver real estate: Median home price hits record, but could bidding wars be cooling?
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Chris Gibson & Brandon Gibson
thumbnail denverpost­.com - The median price of a single-family home sold in metro Denver in June reached a record $600,000, but a surge in new listings contributed to a record monthly jump in the number of homes available for …
Where home prices spiked the most in the Denver area
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thumbnail news­.yahoo­.com - Denver likes to complain about rising home prices, but the spike in the surrounding metro area is even worse.What's happening: In the last five years, average home p…
Mortgage rates dip back down to 2.98%
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Chris Gibson & Brandon Gibson
thumbnail housingwire­.com - The average 30-year fixed-rate mortgage fell four basis points from the week prior to 2.98%, according to data from Freddie Mac's PMMS.
Inflation Could Be Real Estate Owners' Friend
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thumbnail bisnow­.com - The impact of inflation on CRE might result in positives for asset owners.
U.S. Housing Prices Jump the Most in More Than Three Decades
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thumbnail bloomberg­.com - U.S. home prices jumped the most in more than 30 years in April.
Has a cold front moved into metro Denver’s scorching hot real estate market?
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thumbnail denverpost­.com - Metro Denver's housing market has undergone a shift in recent weeks, not unlike a cold front that ends a spell of record heat, and it may provide significant relief to buyers if it continues, accordi…
Remodeling Costs Rose Up to 50% in 2020
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Chris Gibson & Brandon Gibson
thumbnail magazine­.realtor - The pandemic fueled a remodeling boom as more homeowners sheltered in and looked to redo their home as a new hobby. But the costs of remodeling projects have soared over the past year.
Top 10 Issues Affecting Real Estate in 2021
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Chris Gibson & Brandon Gibson
thumbnail magazine­.realtor - Remote work and mobility are expected to have the most significant impact on real estate over the next year, according to The Counselors of Real Estate’s list.
Inflation & The Great Mortgage Rate Surprise
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Chris Gibson & Brandon Gibson
thumbnail realtytrac­.com - The real worry for real estate investors, property owners, and mortgage borrowers is that inflation above 2% might force interest rates higher. For much of the year this has not been an issue, but…
Is this housing market affordable for the average shopper?
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Chris Gibson & Brandon Gibson
thumbnail housingwire­.com - “It’s absolutely horrible,” Donna Deaton, managing vice president of Re/Max Victory + Affiliates, said about the state of the housing market.
Renovation Activity Is at 6-Year High, New Houzz Barometer Shows
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Chris Gibson & Brandon Gibson
thumbnail houzz­.com - Home construction and design firms expect a strong third quarter 2021 despite rising costs and shortages
Purchases of second homes declined in June
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thumbnail housingwire­.com - The number of buyers who locked in mortgage rates to purchase second homes nationwide fell 11.1% year over year in June, per a Redfin study.
Cheapest Houses for Sale in Most Affordable Metro Denver Cities
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thumbnail westword­.com - A lot of these places qualify as fixer-uppers.
This Colorado home is a “slice of hell” and could be yours at $590,000
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thumbnail denverpost­.com - A nightmare Colorado home just hit the market with an online listing that features photos of graffiti-covered walls, warnings about a broken deck and a suggestion to wear a mask because of a freezer …
US housing market is short 5.5 million homes, NAR says
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thumbnail housingwire­.com - The NAR says the current state of the housing market is absolutely "dire," the consequence of a housing shortage 30 years in the making.
More than half of homes sold above asking price in May
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thumbnail housingwire­.com - 54% of homes sold above their listing price in May — another a record high, up from 26% a year ago, according to a new report from Redfin.
House flipping hits lowest level since 2000
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thumbnail housingwire­.com - Only 2.7% of all home sales in the first quarter of 2021 were flipped — or one in 37 transactions, the lowest level since 2000.
The U.S. Doubled Down on its Housing Problems During the Pandemic
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thumbnail bloomberg­.com - Even as construction of single-family homes booms, a new report paints a troubling portrait of racial and generational gaps in homebuying — and a severe lack of housing where it’s needed most.
 
 
 
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