Colorado Association of REALTORS | Consumer Awareness
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Consumer Awareness

Aerial Drone view high above Denver , Colorado Downtown Skyline Cityscape August 2018 August Summer in the Mile High City Skyscrapers rise up in front of the Rocky Mountains and Colorado State Capitol building

Denver Initiative 300: Impacts on the Homeless and Society by Granting Unimpeded Access to Public Space

Initiative 300 is a broad measure whereby supporters have asserted unimpeded use of public space for the purpose of erecting non-obstructive shelter, indefinitely, is a right to be extended to everybody including those experiencing homelessness. No city in the US has passed similar allowances. However, courts have ruled that cities cannot enforce certain laws that restrict access to public space...

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Home sales in Montezuma County down from last year

New listings and prices for single-family homes have gone down in Montezuma County when compared with this time last year, according to the Colorado Association of REALTORS®.   According to the Association’s most recent data, listings of new and sold single-family homes declined in January, compared with January 2019. Median sales prices also declined.   This year had more new townhouse-condo listings, according to the...

Sunrise on Sprague Lake in Rocky Mountain National park just outside of Estes Park, Colorado

Lack of inventory is statewide trend

When REALTORS® from across the state met earlier this month at the Colorado Association of REALTORS® annual Economic Summit, the message from economist Elliot Eisenberg was clear: Colorado's housing market continues to be plagued by an overall lack of inventory. The ripple effects on home buyers and sellers alike has remained the same for the past several years and the...

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NAR’s Rural Outreach Initiative

NAR's Rural Outreach Initiative serves REALTOR® Associations in communities with less than 30,000 population and rural in character.  The Initiative has a two-fold strategy: (1) Identify and disseminate information and resources on the issues and challenges facing rural communities impacting real estate and (2) provide one-on-one assistance to small associations to help them take advantage of the REALTOR® Party Community...

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Denver housing prices drop

  New Colorado Realty Association statistics show the median sale price for a single family home in Denver is $425,000, that's down more than 1 percent and townhouse/condo prices are down 12 percent.   Association spokesperson Kelly Moye tells FOX31 several factors contributed to the shift, “With the elections and the stock market and the subsequent government shutdown, it never picked up.”   Moye says...

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Capitol Connection: February 15, 2019

House Bill 19-1011 Scope of Manufactured Homes Sales Tax Exemption ### Current law defines manufactured housing as factory-built residential structures designed to be installed on a permanent foundation. This definition limits the sales tax exemption, which previously applied to structures designed for occupancy in either temporary or permanent locations. HB19-1011 clarifies the scope and changes the definition to that of a manufactured home...

Yucca plants with the Rocky Mountains in the background outside Boulder Colorado

Boulder County housing market off to sluggish start this year

The Boulder County housing market is slowing down.   Data from the Colorado Association of REALTORS® suggests fewer single-family homes were sold last month compared to a year ago, as more inventory became available. Single-family home sales fell about 23 percent and new listings grew more than 4. 2 percent.   "Consumer confidence is a bit shaky. That's what is causing a sluggish start,"...

Money bag with word price, down arrow and wooden house. The concept of falling property prices. Lower housing prices. Low rent. The decline in the value of the property. Low utility prices

Home prices fall in Boulder, Denver and Douglas counties. Is it a blip, or a trend?

Kiss those years of double-digit annual home price gains goodbye. Depreciation has made a comeback in Boulder, Denver and Douglas counties, foreshadowing more widespread declines in the months ahead, according to a report Tuesday from the Colorado Association of REALTORS®.   “We are seeing a ton more properties come on the market, but not an increase in the number of sales,” said Matthew Leprino,...

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Vail Valley brokers say more real estate inventory is needed

EAGLE COUNTY — The local real estate market was essentially flat from 2017 to 2018. That's the sign of a strong market. But local brokers say the valley could use more homes to buy and sell.   According to the Colorado Association of REALTORS®, the state in 2018 saw a slight decline in the number of homes sold. Eagle County saw that slight...

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Metro-Area Commercial Sales Prices Plateau for First Time Since 2011

By Greg Johnson, Calibrate Real Estate   After six years of steady growth, in 2018 the Central Denver apartment market flattened out. See report by clicking here.  Nearly 1,000 units were sold in 34 transactions, and the average price per unit was $182,938, a slight decrease from 2017’s average of $185,316.  We calculate the average price per unit annually from Central Denver...