“Our Colorado market has become so tough and unaffordable that the U-Haul report showed that people are now coming here less than they were just last year. In 2018 Colorado ranked number 16 on the list of states to move to. We now sit at 42 as word on the street is, we cost too much,” said Patrick Muldoon, a...
Millennials are flocking to affordable smaller cities, baby boomers are retiring in walkable communities that offer urban amenities, and Gen Xers are heading to larger, high-priced markets. Realtor.com® researchers recently evaluated the migration trends of the generations. Life stages—growing families, retirement, and employment—continues to drive demand in housing. Millennials, the largest U.S. generation ever, is particularly making its mark on the...
The vast majority of self-employed people are hoodwinked by the complicated tax system – a pricey mistake costing thousands per year… IRS expert Sandy Botkin, reveals the savings blueprint that'll lower taxes and increase cash… 100% guaranteed! Despite having some of the most business-friendly tax cuts in history, most self-employed people are still unknowingly paying too much in taxes. Don’t get me...
Housing markets gear up for most active months with little inventory as affordability improves Contact: Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Jan. 13, 2020 – Colorado housing markets closed out the past decade with 10-year record or near record lows in several key inventory related categories, according to the latest monthly market data from the...
© National Association of REALTORS®The 2020 NAR Leadership Team meets with HUD's secretary. From left: President-elect Charlie Oppler, President Vince Malta, HUD Secretary Ben Carson, CEO Bob Goldberg, Immediate Past President John Smaby, First Vice President Leslie Rouda Smith, Vice President of Association Affairs Mabél Guzmán, and Vice President of Advocacy Christine Hansen. Expect the National Association of REALTORS®...
Property tax bills are going out this month to Denver residents, which might lead some homeowners to file an appeal if they think Denver's assessor has made a mistake in the property's valuation. Denverite spoke with Denver-area REALTOR® Matthew Leprino, who explained that if a county assessor pegs a home’s value higher than the market might value it, it could...
“I will be telling any buyers who come through my office to be looking at a longer-term game. You won’t make $50,000 in appreciation in two years,” Matt Leprino, Colorado Association of REALTORS spokesperson, said. “You might see a lot of people pull the trigger on selling properties primarily income properties,” Leprino said. “You will see a larger influx of...
Tamara Chuang, who covers business and economic issues for the Colorado Sun, recently wrote an article highlighting Colorado's economic and population growth over the past decade. Colorado's population is expected to hit 5,842,076 people in 2020, an increase of 1.5 million people over the past 20 years. Elizabeth Garner, Colorado's state demographer, says that while the state's population has grown...
How is the housing market in your state affecting the local economy? The National Association of REALTORS® recently released a report outlining the total economic impact of real estate related industries on the economy of each state, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage...
The State of Colorado was recently named as one of the Top 20 Forbes OZ Catalysts. This honor, awarded in partnership with Sorenson Impact Center, recognized Colorado as one of the leading organizations using Opportunity Zones to support communities. Applications from Montrose, Pagosa Springs, and Colorado Springs also received recognition for their leadership in the space, and Colorado-based fund Four...