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...
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 &...
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...
As Colorado cools down with the changing of the seasons, typically so does the housing market. Dave Anderson, a RE/MAX Pueblo West agent spoke with The Pueblo Chieftain offering his professional opinion on the current status of Pueblo County housing market. "The Pueblo market is still strong, although a low inventory continues to limit growth in sales volume." While low inventory does limit...
ENGLEWOOD, Colo. - The Colorado Association of REALTORS® (CAR) installed its 2017-2018 Leadership Council during the organization’s 97th annual State Conference in Broomfield, Colo. last week. Ann Hayes, Broker Associate at Keller Williams Colorado West Realty in Grand Junction, Colo. was inducted as Chairman of the Colorado Association of REALTORS®, a role she will assume from Nov. 1, 2017 through Oct....
ENGLEWOOD, Colo. – Bonnie Smith, Owner and Managing Broker of Exclusive Mountain Retreats Real Estate in Breckenridge, Colo., was recognized as the Colorado REALTOR® of the Year by the Colorado Association of REALTORS® (CAR) at its 97th Annual Conference. The award is the most prestigious honor given to a CAR member and is a culmination of a distinguished career within the...
CAR spreading the word to State lawmakers about wildfire education and mitigation. While hurricanes and earthquakes have rightfully been the focus of attention for so many people in recent weeks, the path of smoke and hazy skies across a majority of the western United States reminds us all that the impact from current and future wildfires can be equally devastating. With long-term...
ENGLEWOOD, Colo. – September 5, 2017 – While the rain has stopped, flooding continues in rivers and bayous in the path of Hurricane Harvey. Thousands of people have returned home to begin recovery efforts, many of them finding that they have lost everything. That’s why the Colorado Association of REALTORS® (CAR) and the Colorado REALTOR® Foundation (CRF) have teamed up...
Colorado State University’s study The Hidden Value of Landscapes: Implications for Drought Planning is the first study of its kind to quantify how landscapes boost real estate values and decrease urban crime in Colorado. In addition, this new research explores how these open spaces also offer tangible community, health and environmental benefits. Many of these advantages have already been known...