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Heather Ridge Metro District

Heather Ridge Metro District maps and features

Home Owner's Association

Heather Ridge Home Owners Associations communities.

Properties for Sales

Housing prices up across America in the second quarter.  In 94% of those metro areas, median prices rose by more than 10% from a year earlier. At the same time, the inventory of homes for sale has dropped.  Not all cities went up: Springfield, Ill median price down 6.9%

Chart 8-13-2021 Median sale prices US.png
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Weekly Bread
Weekly Market Thoughts and Insights to an ever-changing Market:
  • January Fire Sale
 

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Hot Issues
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Metro Matters Magazine
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Current RE News
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A Picture is Worth 1000 Words

If you think metro-Denver real estate is hot, take a look below at other cities with record home inflation.  Denver is up there at 17% or more, but appreciation rates over 20% are unsustainable and a threat to home ownership.  Historic U.S. home appreciation is around 3.5%.  

The Phoenix-area median home price is $399,900, up 31.1% from a year earlier.  Phoenix prices are rising faster than all other major metro areas.  It's June supply of existing-home inventory was 29.6% below a year earlier.  It's rents are up 17% from a year ago, outpacing the nationalwide rent increase of 8.4%.  

Chart 7-26-2021 Phoenix and other hot RE cities.png

The chart below shows how new home prices nationally have increased since the start of 2019.  Increased lumber costs alone have added almost $36,000 to home purchase prices since Oct of 2020. 

Chart 6-24-2021 Median US home sales price.png
Chart 7-24-2021 Number of households served by rent assistance.png

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Chart 7-24-2021 Foreclosures pending from Covid forebearance.png
Chart 1-10-2022 rising bond yields#2_edi

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