9News recently reported on a study conducted by Denver's Economic Development department showing that short-term rentals, such as AirBNB, have little impact on the cost of homes. Short-term rentals make up about 1% (306,714 units) in Denver. According to the report, “Short term rentals in Denver do not appear to have an impact on housing costs at the citywide level....
"There's still demand," said CAR Spokesperson Chris Hardy. "Sellers are still seeing competing offers on highly desirable property under $400,000, but instead of seeing 15 offers like they did in April 2018, they're now seeing three to four offers." Read the full Fort Collins Coloradan article. ...
“Boulder County home real estate market is balancing out,” said CAR Spokesperson Kelly Moye. “For a long time, it has been a seller’s market. The current scenario provides more room for negotiation for potential buyers. The Boulder County housing market is still not bad,” Moye said. “We are going to hold OK.” Read the full Boulder Daily Camera article. ...
Regional and Statewide Statistics Contact: Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Sept. 12, 2019 – Still far from what would be defined as balanced, Colorado’s residential housing data continues to show signs that markets are shifting, according to the latest monthly market data from the Colorado Association of REALTORS®. Despite three-year lows on interest rates...
FORT COLLINS, Colo. – August 26, 2019 – Wildfires are both natural and inevitable – including in wildland-urban interface settings where millions of Coloradans live. These fires can be particularly destructive in areas where forests are unhealthy, unmanaged and unnaturally dense. For those interested in taking action, but who have lacked the means, funding is now available to help...
A recent poll put out by porch.com says Colorado is “the most desirable location”. The survey asked US citizens what state they would most like to move to. Colorado beat out Hawaii and California. The poll also shows that "Colorado (almost 56 percent), Hawaii (51 percent), and California (50 percent) ranked as the states most worthy of relocation." A REALTOR® said she gets a...
"The Leadership Academy was a great experience to go through. I learned so much, including things that were not on my radar. I had the opportunity to connect with other REALTORS® across the state and also look at the bigger picture on the state level." -Natalie Davis, South Metro Denver Assocation of REALTORS® CAR Leadership Academy is an exclusive...
As Denver continues to see unprecedented growth, developers have struggled to meet increased demands for housing. One way to meet those demands has been to demolish single family homes and replace them with duplexes. Colorado REALTOR® Matthew Leprino told Denver Channel 7 that he's encountering many buyers who are attracted to duplexes, which are selling almost as fast as single-family homes. ...
Elizabeth Peetz, Vice President of Government Affairs from the Colorado Association of REALTORS®, stops in to interview with Christopher for a Community Broadband Bits Podcast. In this discussion, Peetz discusses the effect broadband has had on the Colorado real estate market and how CAR becomes involved in related legislation. She talks about recent changes in state law and the Association's opinions...
Colorado’s homeownership has fallen from 71.2 percent in 2005 to 65.1 percent in 2019, according to the U.S. Census Bureau. Homebuilders lag way behind in constructing new places to live. In 2018, companies received permits to construct 29,114 single family detached homes, 38 percent lower than the 40,140 permits in 2005. But back then, there was 1 million fewer people...