Rates and Residential Choices
Fed’s expected policy announcement to set the tone for this Spring’s housing market.
Property values, owner rights and Short vs Long Term Rentals
Denver Highrise living includes buildings favorable to short term rental (STR) rule changes in 2024. Mason Hayutin, REALTOR/Broker Associate of MASONmodern/Keller Williams provides insight to past experiences in Denver’s urban core.
Rates taking toll – except for the cash buyer
Interest rates over 7.25% have started to sideline buyers – except for those in immediate need of a specific neighborhood or community. Denver’s market remains competitive as supply is tight. Cash indeed has become the ideal for both buyer and seller.
Denver: Quick Sales for Well Located Homes
Denver’s supply is on par with the 10 year average. A balanced market would require at least 15000 homes vs. today’s 7000 available options. Located in Cherry Creek North, buyer’s have approximately 28 various options starting at $750,000.