denver housing: The Skinny on Carriage Houses, or ADUs in Denver
- 04/24/19 08:33 AM
An ADU, or accessory dwelling unit, is a small, habitable structure situated on a residential lot, usually behind the “primary” house. Utilities are tied in, making it easier and cheaper to build than a house. It’s a place where another person can live on the property with a little breathing space — they have their own bathroom and usually a small kitchen. The setup can be ideal for multigenerational living, allowing an older parent or relative to live close. And an owner who wishes can rent out the place and take in income on the property. ADUs are popular in many cities as (1 comments)
denver housing: Signs of Buyer Fatigue in Denver Real Estate
- 01/18/19 02:08 PM
There’s been talk of a market slowdown and I’ve been waiting to see if the last quarter of 2018 would confirm it. Our stats show that the market has cooled off – but just a tiny bit. The chart below shows that supply is a bit higher in 2018's last quarter over 2017. In December we had 1.4 months of supply, up from only three weeks in December 2017. Note that less than 2 months of supply is still very low, and favorable to sellers.
Another slight but visible indicator can be seen here – the number of active listings is higher than (2 comments)