Denver's housing market is ‘four-alarm fire’ hot, realtor says
ฝัง
- เผยแพร่เมื่อ 18 ก.ย. 2024
- #Denver #Housing #Market #YahooFinance
Kathy Casey, Coldwell Banker Residential Brokerage Realtor and Broker Associate, spoke with Yahoo Finance Live anchors Brad Smith, David Briggs and Rachelle Akuffo to break down the inflated prices in the Denver housing market, the competition between homebuyers, and rising mortgage rates.
Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
WATCH HERE:
• Elizabeth Holmes: 'Val...
Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on TH-cam:
• Video
Subscribe to Yahoo Finance: yhoo.it/2fGu5Bb
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: bit.ly/2LOpNYz
Follow Cashay.com
Follow Yahoo Finance Premium on Twitter: bit.ly/3hhcnmV
If we don't see decreases the gov has to step in and block investors. This is a national emergency.
At this point either the government or a billionaire needs to start building entirely new cities. Also block foreign buyers for a couple years period...
Government is the problem not the solution. The federal reserve has set interest rates at 0% for a decade and bought mbs. Similar to student loans, the government is the problem, Obama made student debt non defaultable. Everything the government touches turns to garbage.
And we all know that realtors never lie.
they also withhold information.
@@barano9729 yup they do and i dont like them for that
They don't: "Buy now, it can only go up from here."
@@buzztrucker that is what they said in 2008
@@gku8744 not surprised at all. Realtors dont Make money by telling the truth. Call any realtor in vegas and they will tell you it is a great time to buy and never once mention lake mead will be dry in 5 years.
Her tone shifted when he asked about rising interest rates 🤣
I don't get how anyone can sound happy when discussing housing today.
@@danielstarr8957 Realtors make more money when its higher
@@supadave422 yeah but there is less supply so lots are having to quit... So a small portion are having a good time.
Making 200k in colorado and having a time affording a decent home...
Its not just Denver its all over. Here is Florida regular every day people are priced out of the game With multiple offers on almost every house and cash offers always winning out its depressing.
There's a lot of back on markets and price decreases here in SWFL within the last week. Buyers getting priced out due to the sudden rise in interest rates.
@@dsj9831 Pasco county is terrible right now
This has been happening in Vancouver Canada for a decade.
Yes, same in Sydney but Americans are so inward looking and think they’re the centre of the universe…..
Ya most of us say… hey prices have to go down lol
All data is starting to show a slowdown in the market. Days of inventory increasing as well as greater reductions in asking price after listings. Interesting to see how it plays out over the next 2-3 months with rates continuing to climb.
Really. Two houses just sold in my neighborhood for 200K over ask, no contingencies. 34 Offers 48 hours after listing. Realtors won’t accept offers without escalation clauses from full price. May want to review your “data”
When the 30 year hits 6.5% in a few months, and the recession deepens, the housing market in places like Denver is going to implode, with big price cuts, soaring foreclosures, and dozens of mortgage firms going bankrupt
Prices are gonna fall
@@m.r.5719 people are making the biggest financial mistakes of their life right now..
@@thinkaboutlife5335 people said the same thing when people bought in 2020…
We just bought a condo in Denver for a little over $300k at the beginning of the year. Two bed, one bath, garage plus washer dryer in the unit. It’s in a decent neighborhood, not great, not bad. We feel like we overpaid but we needed it.
Good for u
Denver is extremely overpriced.. it's a very boring city.. the night life is almost non existing.. there's food deserts all around the city.. u can literally travel and see the whole city in one day.. very small and not much to do.. not convienient at all..the houses are small which wouldn't be so bad if there was more going on outside.. but it's a very boring place..
My thoughts exactly. It's a really industrial town with lots of weed. That's about it. You can make some money there but not with that high of cost of living.
Four alarm fire sale coming soon lol
The cure for higher prices are higher prices
When they say slowing, what they mean is what the houses are listed at. So prices are listed at lower prices, but that does not mean people are not paying over asking. I had my agent tell me be expected to come to the table with 100 over asking to even have skin in the game. So lesson learned for myself.
What’s the reason for the price increases for houses in the Denver area?
Is the Denver economy; and jobs market hot?
Lots of people in Colorado are moving to my hometown of Sidney Nebraska.
Sup mah dawgs!! Remember Hooooms only go up. I'm depressed all the time cuz life sucks i mised out on crypto and stocks in 2020 but i feel better seeing my zestimate go up $8000 a month. That's higher than my income. Hell Stonks only go down this year but Hooms keep on going up!!
I saw this movie in ‘2008