• September 2024 Denver Real Estate and Mortgage update

  • Oct 25 2024
  • Length: 32 mins
  • Podcast

September 2024 Denver Real Estate and Mortgage update

  • Summary

  • Kim, and Patrick cover September 2024 Denver real estate stats, a mortgage update, and discuss the Kroenke expansion by Ball Arena:

    Denver Real Estate Stats for September 2024:

    • Market Trends: Kim highlights how the fall season has affected inventory and buyer activity, with some expected seasonal slowdown but a great time for buyers to buy.
    • Pricing Insights: She breaks down the average home prices, showing a slight decrease or plateau in certain areas compared to summer, with price points varying widely between urban and suburban locales.

    Mortgage Update:

    • Rates Overview: Patrick gives an update on mortgage rates, discussing any fluctuations over September and the factors influencing them, like inflation trends and Fed policy.
    • Buyer Advice: Patrick offers tips for buyers in this higher-rate environment, touching on adjustable-rate mortgages and refinancing strategies once rates stabilize.

    Kroenke Expansion by Ball Arena:

    • They discuss the new expansion led by Kroenke Sports & Entertainment near Ball Arena, designed to enhance the Denver sports and entertainment experience. This includes new retail spaces, residential units, and improved transit options, which could bring exciting new developments and increased property values to the area. You dive into what it might mean for local residents, investors, and the real estate market around downtown Denver.

    This episode blends the latest market data with news on Denver’s evolving cityscape, giving listeners an up-to-date view of both their housing and entertainment options.

    Kim Davis
    303-882-0888
    email: kimdavis@remax.net
    Dynamic Home Team with RE/MAX Professionals
    www.DHTDenver
    https://www.youtube.com/@BrokerBanterDenver

    Patrick Williams
    720-988-7664
    email: pwilliams@themortgageco.com
    www.themortgageco,com
    https://www.youtube.com/@BrokerBanterDenver

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