The combination of rising inventory and price reductions in Denver and nationwide is creating a more buyer-friendly market.

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

John Johnson will be replaced by the former president and CEO of telecom-infrastructure provider Crown Castle Inc. 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

NAR President-elect Kevin Sears will move into the role of president, effective immediately.

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

The hire follows the December 2022 firing of the homebuilder’s senior vice president for field operations, who had been tapped to become COO on Jan. 1. 

The brokerage says the “business communities” — KW Operations, KW Wellness and KW Clarity — provide agents with specialized training, technology, coaching and referral opportunities. 

In Denver, home prices rose 1% year over year and dipped 0.9% month over month.

Nationally, the week of April 16-22 is likely to provide sellers with the most favorable conditions for a successful sale of any week of the year, although the exact timing varies widely by market. 

People staying in their homes longer is contributing to the lack of inventory that continues to impact buyers.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in November.

The move comes despite a slowdown in the single-family rental market. 

Whether it’s for a downtown condo high-rise or a suburban single-family or town home community, a sales model needs to do much more than simply reflect popular design trends or showcase name-brand furniture and decor.

The buyer found the home through Morgan’s Instagram, according to a Compass press release.

The projected year-over-year change in home sale transactions in the Denver-Aurora-Lakewood region is -1.9%.