Northern Colorado Market Trends
Kentwood Real Estate
by Marketing
1w ago
In the world of housing, anticipation has been hanging heavy on the Federal Reserve’s every move. With promises of interest rate cuts looming, the anticipation is notable across the American economy. While the cuts remain pending, the residential real estate market in Northern Colorado has wasted no time in forging ahead into 2024 on a positive note, as we begin to look ahead towards spring. Many educated sellers know that buyers are experiencing spring fever and are tired of sitting on the fence watching home prices increase.Residential real estate sales in February have largely shown an upw ..read more
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Rise of Quiet Luxury
Kentwood Real Estate
by Marketing
2w ago
The rise of “quiet luxury” took the fashion and interior design world by storm the past couple years, but as we dive further into 2024, it is still prevalent in many design and decor choices, proving that the trend, also known as ‘old money’ style, is here to stay. But what exactly is ‘quiet luxury’, and why is it still so popular? This shift signifies a departure from the ostentatious displays of wealth towards a more understated and refined approach to luxury living. Both the convergence of technological advancements and changing lifestyle aspirations is reshaping the luxury real estate mar ..read more
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Navigating the Rapid Shift from Winter to Spring Real Estate Market
Kentwood Real Estate
by Marketing
2w ago
As winter starts to retreat and spring blossoms, Denver Metro’s real estate market is experiencing that springtime shift we’ve all come to know and expect. Arriving earlier, and with more gusto than most anticipated, the recent surge in February’s housing market indicated a bit of a departure from traditional seasonal patterns, leaving real estate brokers with new challenges and opportunities to navigate as we look ahead. The February trends report from the Denver Metro Association of Realtors revealed a market that is currently defying winter expectations and showing signs of an early spring ..read more
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Denver Market Trends
Kentwood Real Estate
by Marketing
2w ago
As the Denver real estate market gears up for the spring selling season, a surge in interest rates has prompted savvy sellers to capitalize on the growing impatience of potential buyers. The month of February witnessed a notable 29.12 percent month-over-month increase in new listings, coupled with a substantial 22.63 percent surge year-over-year. This influx of fresh properties has significantly boosted active listings, reaching 5,511 homes—a 45.87 percent gain compared to the previous year. In response to the expanding inventory, discerning buyers are taking a more measured approach. Pending ..read more
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Northern Colorado Market Trends
Kentwood Real Estate
by Marketing
1M ago
After a bit of a lackluster close to 2023, the real estate landscape in NoCo is showing signs of a resurgence in 2024. Market analysts attribute this shift to the anticipated decline in interest rates, creating a renewed sense of activity. In January, the housing scene witnessed a flurry of new listings, sparked possibly by the downward tick in interest rates. Across the region, the year-over-year surge in new listings was remarkable, ranging from the high teens in Boulder to an impressive nearly 49 percent spike in Greeley, closely trailed by Longmont at 40.4 percent. These surges seem to be ..read more
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Exploring Ideal Second Home Locations in Colorado
Kentwood Real Estate
by Marketing
1M ago
In the evolving landscape of second home investments, we’ve observed shifts in demand and trends, especially in Colorado’s coveted mountain regions. While the surge in second home purchases during the peak of the pandemic has tapered off, we’re now witnessing a unique opportunity emerging in the market. As we progress through 2024, this is creating a favorable environment for those considering expanding their property portfolio. In light of these dynamics, we, at Kentwood Real Estate, are here to provide our expertise and assistance as you navigate a potential second home purchase. If you’re ..read more
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Colorado Indoor Events
Kentwood Real Estate
by Marketing
1M ago
Whether you love it or hate it, winter is upon us in our lovely Colorado! While many are hitting the slopes or hooking up their snow shoes, there are plenty of others who are looking to just stay warm. Despite its wintery reputation, the Mile High City boasts a plethora of indoor activities to keep locals warm and entertained. From immersive art experiences to thrilling sports events, culinary adventures, enchanting concerts, and rejuvenating spa escapes, Denver has something for everyone. Here are a few of the exciting indoor events that await you in the heart of Colorado this month. Meow Wo ..read more
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Denver Market Trends
Kentwood Real Estate
by Marketing
1M ago
In the heart of winter, Denver’s real estate market is warming up as buyers shed the chill of uncertainty and embrace the increasing choices available to them. The Denver Metro Association of Realtors® (DMAR) recently unveiled its January Denver Metro Real Estate Market Trends Report, offering valuable insights into the evolving market this year. As the curtain rose on 2024, the market witnessed a surge in new listings, marking a 14.73 percent increase year-over-year, with detached properties leading the charge at 17.94 percent. This boost in inventory has granted buyers more options, leading ..read more
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CEO Reflections: Expert Predictions for 2024 Home Prices
Kentwood Real Estate
by Marketing
2M ago
No one has a crystal ball, particularly when it comes to this unpredictable real estate market. Although there are a few indicators market watchers look for which point to slight appreciation in housing this year. While home prices are still going up nationally, some fear prices might actually come down in the coming months. A recent survey from Fannie Mae found that 24% of people think home prices will decline over the next 12 months. Almost one out of four people are concerned about housing prices and wondering whether they should wait to buy. You might be, too. To help ..read more
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How Tech Will Influence the Housing Market in 2024
Kentwood Real Estate
by Marketing
2M ago
Technology continues to play a pivotal role, shaping the way homes are bought, sold, and valued. As we gear up in 2024, the housing market is experiencing a big wave of technological advancements that promise to streamline processes, enhance user experiences, and ultimately redefine the industry as we know it. From the integration of artificial intelligence (AI) to the emergence of specialized real estate apps to blockchain to VR and AR, the future of real estate is increasingly digital and we’ll happily predict: more efficient. Artificial Intelligence’s Impact on Real Estate One of the most ..read more
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