Denver rental prices show month-to-month decline
Denver rental prices show month-to-month decline
Rent across the Denver metro area fell by 0.4% between September and October.
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When executed, a lease agreement is a legal contract that details the expectations of the tenant and the landlord. A lease not only provides a tenant and landlord with important legal protections but also essential lease terms like the rent, security deposits, occupancy limitations, termination dates, utilities, and other basic data. Most residential rental agreements between a landlord and tenant have expiration dates extending at least 12 months. Many of these annual leases offer a renewal opt...
When executed, a lease agreement is a legal contract that details the expectations of the tenant and the landlord. A lease not only provides a tenant and landlord with important legal protections but also essential lease terms like the rent, security deposits, occupancy limitations, termination dates, utilities, and other basic data. Most residential rental agreements between a landlord and tenant have expiration dates extending at least 12 months. Many of these annual leases offer a renewal opt...
Year to date, total single-family sales are now down 1.3% compared to the record pace of the first seven months of 2021.
Year to date, total single-family sales are now down 1.3% compared to the record pace of the first seven months of 2021.
If you’re a tenant looking for convenience and flexibility, a month-to-month lease might be a good fit for you. This type of lease commits you to only a month at a time and allows you to cancel the lease at any point. There’s no loss of security deposit and no other penalties for canceling your lease as long as you give your landlord 30 days advance notice of your intent to move. A month-to-month lease can be attractive when you plan to live in an area for less than 12 months, buy a house in...
If you’re a tenant looking for convenience and flexibility, a month-to-month lease might be a good fit for you. This type of lease commits you to only a month at a time and allows you to cancel the lease at any point. There’s no loss of security deposit and no other penalties for canceling your lease as long as you give your landlord 30 days advance notice of your intent to move. A month-to-month lease can be attractive when you plan to live in an area for less than 12 months, buy a house in...
The numbers: U.S. pending-home sales rose in May by 0.7%, according to the monthly index released Monday by the National Association of Realtors. Analysts polled by the Wall Street Journal had forecast the pending home sales index to drop by 4%. This increase breaks a six-month decline, and comes as mortgage rates continue to rise. Key details: Compared with a year earlier, transactions were down 13.6%. Regionally, the index jumped the most in Northeast, and fell in the Midwest and West. Big p...
The numbers: U.S. pending-home sales rose in May by 0.7%, according to the monthly index released Monday by the National Association of Realtors. Analysts polled by the Wall Street Journal had forecast the pending home sales index to drop by 4%. This increase breaks a six-month decline, and comes as mortgage rates continue to rise. Key details: Compared with a year earlier, transactions were down 13.6%. Regionally, the index jumped the most in Northeast, and fell in the Midwest and West. Big p...
The construction industry continued to rally in March, growing for the fifth month running, and hitting a new monthly high according to the latest figures from the Office of National Statistics. These ONS figure show that monthly construction output increased by 1.7% in volume terms in March, to £14,994m. This is the highest figure, in ...
This story continues at Construction numbers rise for fifth consecutive month, ONS figures show
Or just read more coverage at Mortgage Finance Gazette
The construction industry continued to rally in March, growing for the fifth month running, and hitting a new monthly high according to the latest figures from the Office of National Statistics. These ONS figure show that monthly construction output increased by 1.7% in volume terms in March, to £14,994m. This is the highest figure, in ...
This story continues at Construction numbers rise for fifth consecutive month, ONS figures show
Or just read more coverage at Mortgage Finance Gazette
Average house prices rose 10.8% on an annual basis in April to hit a record £286,079, says the latest Halifax house price index. This rise is down from 11.1% posted in March, but is still the tenth consecutive monthly rise in prices, the longest run since 2016. The report says: “The property market has continued ...
This story continues at House prices rise for 10th consecutive month to hit record £286,079: Halifax
Or just read more coverage at Mortgage Finance Gazette
Average house prices rose 10.8% on an annual basis in April to hit a record £286,079, says the latest Halifax house price index. This rise is down from 11.1% posted in March, but is still the tenth consecutive monthly rise in prices, the longest run since 2016. The report says: “The property market has continued ...
This story continues at House prices rise for 10th consecutive month to hit record £286,079: Halifax
Or just read more coverage at Mortgage Finance Gazette
Home Values Decline For Second Month In A Row As Competition Eases Reduced competition has homes lingering on the market.getty Reduced competition has homes lingering on the market. The housing market landscape is vastly different than it was several months ago as potential home buyers and sellers continue to hesitate amid affordability challenges and mortgage rate swings exacerbating the housing cost roller coaster for buyers. Home values slipped for the second consecutive month as mortgage cos...
Home Values Decline For Second Month In A Row As Competition Eases Reduced competition has homes lingering on the market.getty Reduced competition has homes lingering on the market. The housing market landscape is vastly different than it was several months ago as potential home buyers and sellers continue to hesitate amid affordability challenges and mortgage rate swings exacerbating the housing cost roller coaster for buyers. Home values slipped for the second consecutive month as mortgage cos...
Dive Brief:
Nonresidential construction input prices dipped for a second consecutive month in August, providing more evidence that construction material costs peaked in June and supporting newfound optimism in the sector.
Prices for steel mill products, crude petroleum and softwood lumber were down 5.7%, 5.3% and 3.1%, respectively, for the month, while cost for all nonresidential supplies moderated 1.4%, according to an Associated Builders and Contractors analysis of Bureau of Labor Statist...
Dive Brief:
Nonresidential construction input prices dipped for a second consecutive month in August, providing more evidence that construction material costs peaked in June and supporting newfound optimism in the sector.
Prices for steel mill products, crude petroleum and softwood lumber were down 5.7%, 5.3% and 3.1%, respectively, for the month, while cost for all nonresidential supplies moderated 1.4%, according to an Associated Builders and Contractors analysis of Bureau of Labor Statist...
Home prices declined 0.77% from June to July, the first monthly fall in nearly three years, according to Black Knight, a mortgage software, data and analytics firm. While the drop may seem small, it is the largest single-month decline in prices since January 2011. It is also the second-worst July performance dating back to 1991, behind the 0.9% decline in July 2010, during the Great Recession. The sharp and fast rise in mortgage rates this year caused an already pricey housing market to become e...
Home prices declined 0.77% from June to July, the first monthly fall in nearly three years, according to Black Knight, a mortgage software, data and analytics firm. While the drop may seem small, it is the largest single-month decline in prices since January 2011. It is also the second-worst July performance dating back to 1991, behind the 0.9% decline in July 2010, during the Great Recession. The sharp and fast rise in mortgage rates this year caused an already pricey housing market to become e...