Housing Trends

The National Association of REALTORS® reports a significant increase in multi-generational home purchases, reaching 17% of all home purchases in the past year—the highest since 2013. This trend is driven by factors such as cost savings (36%), caring for aging parents (25%), adult children returning home (21%), and adult children who never left (20%). Married […]

Records continue to be broken in real estate, including the rental market. Rents just rose another $2 per month to $1,594, a new record. The annual rent growth of 13.5% nationally in 2021 was more than double any previous year, and apartment absorption counted nearly 600,000 units, which is roughly 50 percent more than the […]

Along the Front Range we have gone from two weeks of inventory to three weeks. For much of the Spring, there was only two weeks of inventory on the market in most areas. Meaning, it would only take 14 days to sell all of the homes currently for sale. Now, because the pace of sales has slightly […]

New home construction is behind by 5.5 million homes over the last 14 years. Since 2007, new home starts have lagged significantly behind the long-term average. The Census Bureau started tracking National new home starts in 1958. Between 1958 and 2007, an average of 1,102,938 new homes were started each year. Between 2007 and 2020 the […]