In the blistering hot market of early 2021, James contemplates whether we are in a real estate bubble or not using recent market statistics primarily for Denver, Colorado.
In this short market stats class you'll learn about:
- Denver Metro Price Appreciation and Denver Metro Per Capita Income charts
- 30 year mortgage trend and average mortgage payment
- Mortgage payment as percentage of per capita income
- Projections for the next 5 years for the charts above
- How sales mix impacts average price
- Relationship between price and non-owner-occupant properties
- The correlation between Denver metro home sales volume and mortgage interest rates
Duration: 23 minutes
Recorded: June 23, 2021
Instructor: James Orr
Market Stats
Get the latest market stats or check out additional classes on market stats:
- Northern Colorado Market Stats - Q3, 2020
- Coronavirus Real Estate Market Stats
- Northern Colorado Market Stats - 2019 in Review
- NoCo Real Estate Market Stats - 2018 in Review
- Mid-Year Market Stats - 2018 Edition
- NoCo Real Estate Market Stats - 2017 in Review
- NoCo Real Estate Market Stats - 2017 So Far
- Northern Colorado Real Estate Market Stats - 2016 in Review - Nomad™ 2017 Edition
More posts: Class Group: Market Stats