Taylor Realty Group | Colorado Real Estate ExpertsTaylor Realty Group | Colorado Real Estate Experts

Serving Denver Metro & Boulder County Since 2004!

Serving Denver Metro & Boulder County Since 2004!
Voted 5280 Magazine's FIVE STAR REALTOR 8 Years Running!
303-669-2744
michael@taylorrealtygroup.net
  • Menu
  • Home
  • Search Homes
    • Featured Listings
    • All Listings
  • Buy
  • Sell
  • Lease
  • Blog
    • See All Posts
    • Buyer Tips & Advice
    • Seller Tips & Advice
    • Market Conditions
    • Mortgages & Loans
    • Homeowner Tips
    • Personal & Biz Updates
    • Just Sold!
  • Resources
    • Preferred Partners
    • Home Wealth Analysis
    • Instant Home Valuation
    • Find Best Realtors in US
  • About
    • Get To Know Us
    • Testimonials
    • Let’s Talk! (Contact Us)
    • Just Sold!

2018 Real Estate Predictions & Trends You Should Know

 My Market watch shows you stats here in our Denver Metro and Boulder County real estate market TODAY, but a lot of people want to know what the FUTURE holds, both locally and nationally. Good news for you….I have a crystal ball. Ok not really, but I scoured all the key data points and publications and put the key info below for you so you can see the future!

NEW HOME SALES

New Home Sales closed out 2017 at their highest annual total in a decade, 14.1% ahead of a year ago. They were down 9.3% in December, but the post-hurricanes boost is over. (Kiplinger Letter 1/2018)

TAX REFORM WILL BOOST REAL ESTATE MARKET

  • Overall the tax reform will be a positive thing for the housing market. Homebuyers will have more disposable income to purchase a home. This will increase demand.
  • New Home Builders are benefiting from lower corporate tax rates. This will result in increased profits. Many believe this will result in increased residential construction which will increase supply which is needed to bring many local markets more in balance.
  • The cap on property tax dedutions for mortgages over $750,000 may slow more expensive markets and luxury homes.

INTEREST RATES WILL KEEP RISING

  • Experts are expecting 3 more rate increases in 2018. This makes mortgage payments higher so buyers have to buy in a lower price range to have the same payment they would have with a more expensive home previously. This typically slows price gains, which is a big reason why HOME PRICES ARE EXPECTED TO MODERATE in 2018. Banks are making more profits on loans but don’t expect them to pass these along to consumers. The days of under 4% rates are likely well behind us.

HOME PRICES EXPECTED TO MODERATE

  • Home builders will increase housing supply
  • Interest rates have risen and will continue to, so this lowers affordability for home buyers
  • More homeowners will sell this year because out of fear they will miss selling at the “top” of the market
  • All of the factors will put downward pressure on home prices. Many do not believe (nor do I) that home prices will drop. However, this pressure will keep them from continuing to rise at the unprecedented appreciation levels we have seen over the last few years

Have a real estate question for me? Fill out this form and I will give you a shout right away!

Posted in: Market Updates, The Blog

Comments

  1. Bethany Birchridge says

    April 2, 2018 at 9:06 am

    I liked that this pointed out the home buyers will have more disposable income to purchase a home. My friend wants to purchase his first home soon. What are some tips for choosing a great real estate agent?

    Reply
    • Michael Taylor says

      August 23, 2019 at 9:38 am

      Great question. Here is a post I wrote about it. It’s from the seller side but many of the questions are still applicable from a buyer perspective. http://taylorrealtygroup.net/16-interview-questions-ask-realtor/
      LEt me know how else I can help!

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Post navigation

« Mike’s Denver Metro Real Estate Market Watch – 1/2018
16 Interview Questions to Ask Your Realtor »

Blog Categories

    • ►Buyer Tips & Advice (78)
      • Buying Foreclosures (7)
      • Buying Short Sales (4)
      • Mortgages & Loans (9)
      • New Construction & Home Builders (3)
      • Transaction Tips (10)
      • Working With A Realtor (4)
    • ►Seller Tips & Advice (68)
      • Market Conditions/Trends/Insights (7)
      • Listing & Marketing (7)
      • Offers – Negotiating – Closing (4)
      • Choosing A Realtor (3)
      • Short Sales FAQ (5)
      • Thinking About Moving (Deciding If It Makes Sense) (3)
    • Market Updates (56)
    • Homeowner Tips (24)
    • Mortgages & Loans (22)
    • Personal & Biz Updates (32)
    • Weird ‘n Wacky News (4)
Search for:
WHY Taylor Realty Group?
Best Broomfield CO Real Estate Agent RealtorColorado home buyers and sellers need a consultant, not a salesperson. Our “STRATEGIC” approach is committed to providing Expert Guidance & Friendly Personal Service.
  • Unique Marketing System For Sellers = More $$ / Faster Results
    Learn More
  • Buyer Consulting Services = Smart, Confident Purchases
    Learn More

Get Started: Contact Mike Now!

Testimonials: Success Stories

Meets Your Real Estate Goals

This is the second time I've worked with Michael Taylor, and the first time as the seller. It was another great experience as he and his team communicate regularly to keep ...

Joel Heck
Seamless and Smooth Process

The Taylor Realty Group actively made every step of our home purchase and subsequent existing home sale seamless and smooth. From financing, to pricing, to comps, to contra...

Matt Noteboom
Good Advice

Mike, did an awesome job and never got tired of showing houses up front. He also gave me good advice professionally and as a friend aspects.

Jeff Morgan
You and Your Team Were Excellent

Mike as always you and your team were excellent in getting our house sold. It can be very stressful when moving house but you guys make it a lot easier. Thank you and we wi...

Darren Elliott
Honest Open Communication

We have been clients of Mike's for 10 years. He is always friendly and professional and makes us feel comfortable with all aspects of the real estate process. He is persist...

Stephanie Elliott

Read More Testimonials »

Socialize With Us!

Thinking About SELLING?
Seller Success Guide
  • What’s My Home Worth?
  • First 5 Things To Do
  • Interviewing Realtors: 16 Questions
  • Negotiating Like a Pro
  • Keep The Sale From Crashing

See SELLER Success Guide!

Thinking About BUYING?
Buyer Quickstart Guide
  • Clarify Your Goals
  • Choosing The Best Mortgage & Lender
  • How To Find Best Listings First!
  • Negotiate Best Possible Offer & Make Sure It Closes

See BUYER Quickstart Guide!

Homes For Sale By City

  • Arvada
  • Aurora
  • Boulder
  • Brighton
  • Broomfield
  • Castle Rock
  • Centennial
  • Commerce City
  • Denver
  • Englewood
  • Erie
  • Firestone
  • Frederick
  • Greenwood Village
  • Highlands Ranch
  • Lafayette
  • Lakewood
  • Littleton
  • Lone Tree
  • Longmont
  • Louisville
  • Northglenn
  • Parker
  • Superior
  • Thornton
  • Wheat Ridge
Let's Talk! How can I help?
First Name
Last Name*
Email
Comments
Lead Source

Contact Us

Taylor Realty Group

303-669-2744
michael@taylorrealtygroup.net

1499 West 120th Ave #110 Westminster CO 80234

Get Our Email Newsletter

Explore Cities

  • Arvada
  • Aurora
  • Boulder
  • Brighton
  • Broomfield
  • Castle Rock
  • Centennial
  • Commerce City
  • Denver
  • Englewood
  • Erie
  • Firestone
  • Frederick
  • Greenwood Village
  • Highlands Ranch
  • Lafayette
  • Lakewood
  • Littleton
  • Lone Tree
  • Longmont
  • Louisville
  • Northglenn
  • Parker
  • Superior
  • Thornton
  • Wheat Ridge

Meet Michael, Your Real Estate Agent

Real Estate Agent Broomfield Thornton Westminster Colorado Colorado home buyers and sellers need a consultant, not a salesperson. I specialize in Broomfield, Thornton, & Westminster real estate but am often referred to help people throughout Denver Metro & Boulder County! My commitment to you: Expert Guidance & Friendly Personal Service!
  • 5280 Magazine’s FIVE STAR REALTOR (2010-2017)
  • Featured on HGTV!
  • Top 5% of Realtors Nationwide!
  • Full Time CO Realtor Since 2004
logos-325

Meet Michael - Your Consultant

Voted 5280 Magazine's FIVE STAR REALTOR
Based on Overall Client Satisfaction (2010 - 2018) 

Taylor Realty Group | Since 2004

1499 West 120th Ave #110 Westminster CO 80234

© 2021 · Log in · Privacy Policy

MENU
  • Home
  • Search Homes
    • Featured Listings
    • All Listings
  • Buy
  • Sell
  • Lease
  • Blog
    • See All Posts
    • Buyer Tips & Advice
    • Seller Tips & Advice
    • Market Conditions
    • Mortgages & Loans
    • Homeowner Tips
    • Personal & Biz Updates
    • Just Sold!
  • Resources
    • Preferred Partners
    • Home Wealth Analysis
    • Instant Home Valuation
    • Find Best Realtors in US
  • About
    • Get To Know Us
    • Testimonials
    • Let’s Talk! (Contact Us)
    • Just Sold!