Real estate news: the pandemic is shaping real estate, but the Denver market keeps speeding along

Real estate news: the pandemic is shaping real estate, but the Denver market keeps speeding along

Looking for a quick digest of what’s happening in real estate right now? We’ve got you covered:

National News

+ COVID-19 hasn’t kept people from moving this year: permanent moves are up 1.94% and temporary moves are up 26.73% since 2019.

+ Families with school-aged kids are increasingly heading to the ‘burbs for larger homes and yards amidst the pandemic.

+ COVID has fundamentally transformed our relationship to home. Seven months in, find out how the pandemic is reshaping interior design priorities and trends.

+ Nationally, new homes are bigger than a decade ago, but new homes in Denver lost 197 square feet in that same period.

Local News

+ Four Colorado cities are in the top five best places to live in the country according to U.S. News & World Report’s list of 150 best places to live in the U.S. in 2020-21.

+ Homes are selling nearly twice as fast compared to 2019. If you’re looking to buy now, be ready to act quickly!

+ Apartment rents in the Denver Metro area recovered in the third quarter after taking a hit in the early months of the pandemic.

+ Denver Restaurant Week is offering a surprise fall edition from November 13-22. Check out their lineup of dine-in and to-go options to help support one of the 150+ local restaurants participating.

+ Niche.com ranked the 25 best Denver neighborhoods for young professionals in 2020. They ranked the best neighborhoods for families, too.

+ Join us in supporting those affected by wildfires in Colorado by giving to these fundraisers.

Financial News

+ Mortgage rates are holding steady at historic lows. Housing continues to propel growth and is helping to lift construction, manufacturing, and transportation industries that build new homes.

 

Have questions about what’s happening in real estate in your neighborhood? Let’s chat!

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