The housing market for Logan/Sterling county remains active and on the rise. The county showed a decrease in the third quarter median sales price for 2017 when compared to 2016. This decrease is not a sign of a slow down, but rather outside factors that are affecting the statistics for this market. Sales volumes in Logan county have also decreased from last year,...
Much like the rest of the state Westminster, Colorado has seen a jump in its real estate with the median home price increasing from $345,750 in 2016 to $350.00 currently. This boost is expected to only increase as Westminster has become an affordable option for those looking to settle in between Boulder and Denver. A consequence of this fast-growing housing...
Pueblo Colorado, a hidden gem where those wishing to retire are flocking to live. There are many factors to consider when planning your retirement. The two most important include low-cost and desirability. Pueblo Colorado has both of these qualities with the beautiful Rocky Mountain backdrop and it's ability to stretch your dollar farther than the major bustling cities can. Dave Anderson, a real...
Colorado has many wonderful features that drive people to our state. The views are breathtaking with the states varying terrain, residents are able to experience all four seasons, and of course the adventures that are offered with our great outdoors. Colorado has a lot going for it. But did you ever think investment property was one of them? According to Markets Insider, Colorado...
It has been nearly two months since Hurricane Harvey tore through Texas leaving devastation and destruction in it's path. In this time of need, many organizations and individuals stepped forward to help in anyway possible. The Colorado Association of REALTORS® (CAR) and the Colorado REALTOR® Foundation (CRF) teamed up to contribute $15,000 in relief assistance to help restore lives and communities...
Kelly Moye, a CAR spokesperson and a real estate broker at RE/MAX Alliance in Bloomfield, Colo. spoke with National Mortgage News about her views on the impact of the legalization of marijuana on the real estate market. According to Kelly Moye, "we can see that it has absolutely affected our market". Data shows that the legalization of marijuana initially affected the...
Colorado's low inventory has caused frustration and a limitation on housing market growth. Luckily, statistics show a major increase for residential building in areas across Colorado. DODGE Data & Analytics reported that September construction starts in the metropolitan statistical area of Denver-Aurora, consisting of Adams, Arapahoe, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park in Colorado. According to Dodge Data &...
DENVER, CO – Today, the REMI Partnership, a consortium comprised of Common Sense Policy Roundtable, Colorado Concern, Colorado Association of REALTORS®, and Denver South Economic Development Partnership, released “Building Gated Cities,” a new study focused on the economic and fiscal impacts of “no growth” policies. "Colorado is experiencing nearly-unprecedented economic growth, but that growth does bring real challenges. At the top...
Highlights from Nadia Evangelou, Research Economist Sourced from The National Association of REALTORS® - Economic Updates Original Article Research has consistently shown the importance of the housing sector on the economy and the long-term social and financial benefits to individual homeowners. However, in recent years many have questioned the role of homeownership due to the housing downturn and foreclosure crisis. Thus, a related question...
Realtor.com third annual list of the Hottest ZIP Codes in America BY JAVIER VIVAS REALTOR.COM DIRECTOR ECONOMIC RESEARCH The hottest ZIP codes for 2017 illustrate the power of millennial gravitation toward affordable suburbs with local “it” factors. While low inventory is a challenge, millennials are the largest generation in U.S. history and they are flexing their muscle when it comes to the...