Luxury home values have hit $1.8M, bucking the spring slowdown

A new report from Zillow shows that luxury home values rose 2.7 percent over the past year, with the typical luxury home now valued at around $1.8 million. In some high-demand cities, like New York, Los Angeles, San Diego and San Francisco, luxury homes are commanding more than double that price.

Denver Real Estate News – June 2025

Inventory on the Rise

What It Means for Buyers and Sellers

 

After years of tight supply, Denver is entering a new phase of the real estate cycle. We’re now seeing inventory build at a pace that’s putting us in national conversations—not for scarcity, but for growth. According to a report published in April, Denver ranks third behind San Jose and Las Vegas for the fastest-growing unsold inventory. It’s a notable shift, and while the swing from ultra-competitive to moderate may feel dramatic, what we’re seeing is a market that’s finally balancing out. In most neighborhoods, sellers are no longer fielding a dozen offers overnight—now, they’re competing with their neighbors to win over buyers.

 

As inventory builds, preparation and timing are everything. For both buyers and sellers, understanding the current rhythm of the market is key. In May, the number of new listings rose again—up 3.26 percent for detached homes and 2.80 percent for attached homes. That steady increase means more options, more comparisons, and more competition. It also means that those entering the market with a clear strategy have an edge.

 




Continue reading

An active hurricane season is on the horizon — is the US prepared?

NOAA expects 13 to 19 named storms to arrive now through the end of November. More than 33 million properties face potential damage from high winds and more than 6 million from flooding as a result of storm surge. It's unclear how federal cuts may hinder preparation and recovery efforts.

Get all caught up on NAR midyear: The Download

Get all caught up on the National Association of Realtors Legislative Meetings, including Thursday's votes on the no-commingling and hate speech policies.

Parker withdraws suit against Douglas Elliman clawbacks

In May, Elliman requested to move the dispute into an arbitration and provided all relevant agreements to Holly Parker's claims, according to TRD. Parker withdrew the lawsuit without prejudice, meaning she can refile later.

The biggest headlines from NAR midyear and more: Inman Top 5

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

New report highlights growing anti-LGBTQ sentiments among agents

The LGBTQ+ Real Estate Alliance released its fifth annual report on Thursday, which highlighted the rise of anti-LGBTQ+ legislation and anti-LGBTQ+ discrimination from agents.

Barbara Gladstone’s Chelsea House Listed for Just Under $12 Million

Ms. Gladstone, who ran one of New York City’s largest contemporary art galleries, died last year. Her friend, the architect Annabelle Selldorf, helped her renovate the home.

$1.4 Million Homes in Andalusia, Spain

The southernmost region of Spain offers picturesque farm estates and urban rowhouses stretching from Seville to Malaga.

How to Hide HVAC Vents

You don’t have to live with unsightly air return and supply vents. Here’s how to disguise them.

The farming framework: A proven system for listing-driven growth

Whether you’re a new agent or a seasoned pro needing to regain momentum, geographic farming isn’t just a marketing tactic — it’s a foundation, Jimmy Burgess writes.

How to keep a listing (and your sanity) when sellers won’t listen

As a listing agent, you didn't sign up to be steamrolled. You signed up to serve. Coach Darryl Davis shares strategies for working with difficult sellers.

Why now is the perfect time for a mansion boom

Wealthy buyers are choosing stability over speculation, market expert Chris Drayer writes. They’re thinking long-term and betting on real estate as a safer, smarter place to park their wealth.

Disbarred Lawyer Accused of Stealing Homes Found Guilty

Prosecutors say Sanford Solny preyed on homeowners who were struggling financially. He now faces up to seven years in prison.

Homes for Sale in Manhattan and the Bronx

This week’s properties are on the Lower East Side, in the garment district and in Spuyten Duyvil.

For a City Escape, They Skipped the Hudson Valley and Settled on Connecticut

Seeking more privacy and outdoor space, a couple landed in Litchfield County with around $700,000 to spend. Which property did they choose?

Foreign Buyers Step Back From South Florida Condos

Sales to international buyers fell to 10 percent of transactions last year, a steep decline from 50 percent in 2018.

Homes for Sale in New York and Connecticut

This week’s properties are a six-bedroom house in Rockville Centre, N.Y., and a two-bedroom condo in New Canaan, Conn.

How the Choreographer Couple Behind 'Buena Vista Social Club’ Built Their Cozy Home

The married, Tony-nominated choreographers of “Buena Vista Social Club” designed their home to be comfortable and personal.

Redfin shareholders approve Rocket merger at special meeting

With antitrust regulators declining to weigh in, $1.75 billion deal to marry a tech-focused mortgage lender to real estate brokerage could close by the end of the month.

LikeRE Logo