October set a new record low for housing inventory in metro-Denver for the month of October with 6,312 listings, down 16.79 percent from the month prior and 6.22 percent from last year. Contributing factors to the low inventory included fewer new listings coming to the market, down 3.06 percent from last year, and the number of homes sold increased by a healthy 9.75 percent month over month.

“The inventory number was a little scary in October and it was not what we were hoping to see,” said Steve Danyliw, Chairman of the DMAR Market Trends Committee and Denver REALTOR®. “In addition to fewer listings coming to the market, low housing inventory was also due to the surprising treat of higher-than-expected homes under contract. As we tend to see normal…

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The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of the survey show that non-homeowners cite the main reason for not currently owning a home, as not being able to afford one.

This brings us to two major misconceptions that we want to address today.

1. Down Payment

NAR’s survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 39% of non-homeowners say they believe they need more than 20% for a down payment on a home purchase. In actuality, there are many loans written with a down payment of 3%…

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This two bedroom row style townhouse has been remodeled throughout and is ready for you to make it your own!

This home features bamboo wood floors throughout, a new roof, a spacious kitchen with quartz countertop and stainless steel appliances, and a wood burning fireplace to cozy up to on those cold fall/winter nights. Each bedroom has its own attached bathroom and large closet, new windows and sliding door. It is wired for ADT, Smart Thermostat installed, and keyless entry front door lock. Off the kitchen is the low maintainence deck with trex decking, below is the covered patio that backs to the open yard. Walking distance to parks and a nearby brewery, and Cherry Creek just a few short minutes away! With a low monthly HOA, this home is affordable…

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New Construction in Denver's popular Montclair neighborhood. Beautifully built, two story home with high end finishes throughout.

This home features quartz countertops, stainless steel appliances, wine fridge, water fall faucets, soak tub, fabricated metal railings. Many, large windows fill this home with natural light. 4 bedroom suites, all with private, full baths. Open kitchen, dining area and family room with vaulted ceilings and fireplace lead to an expansive, covered deck and backyard. The basement, also full of sunlight is the ideal rec/game room. This home has been perfectly designed for family life and entertaining. Walking distance to highly desirable Montclair Elementary School, Stanley British Primary School, Lowry's Town Center and many…

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