Understanding the market and local economy is a critical piece to real estate success for both buyers and sellers. LIV Sotheby’s International Realty is proud to provide various reports as detailed resources for consumers to make informed decisions about their financial future.
The 2020 Economic Update provides a focus on confidence and capital, expanding on critical components for continued economic growth, written by Steven Kirby, Executive Vice President, Financial Officer for LIV Sotheby’s International Realty.
LIV Sotheby’s International Realty released Micro Market Reports (MMRs) analyzing Q1 2020 real estate performance in many of Colorado’s most popular markets, including Denver Metro, Boulder County, the Foothills, Summit County, Telluride, Crested Butte, and the Vail Valley. All MMRs compare activity for single-family and attached dwellings within in the residential areas the brokerage serves.
When it comes to real estate, the luxury sector of the market can perform independently from the rest of the marketplace. Depending on the region, the current state of the economy, and various other factors that can influence the housing market, trends for higher-priced homes may fluctuate. Staying in the know with the latest market information helps consumers understand how to use the real estate market to help them reach their real estate and lifestyle goals. LIV Sotheby’s International Realty, Colorado’s leading luxury real estate brokerage, produces a quarterly Residential Luxury Report, comparing January through March of this year to the previous year, measuring the performance of luxury real estate markets in some of Colorado’s most popular communities.
The Resort Report is a helpful resource for consumers interested in the high-demand resort markets of Colorado and beyond. The Resort Report analyzes data from 12 prominent resort areas throughout the western half of the United States, looking at the areas’ performance and what makes each one unique.