NAR recently released highlights from its annual Profile of Home Buyers and Sellers. It highlights interesting information stats such as: • 87% of buyers purchased through an agent • Only 8% of home sales were FSBOs (lowest since 1981) • Buyers are more than likely to find their home through agent, rather than through website • Buyers between ages of 18-24 were most likely...
It was only a few days ago that the Denver Business Journal reported that Littleton ranked the second best small city in the country. Now Centennial has been named the 4th best place to live in America, according to a new report that uses data from 550 U.S. cities with populations of 65,000 or more to determine the best. Fort Collins,...
According to realtor.com®'s "Advance Read of October Trends", the Denver-Aurora-Lakewood Colorado market was the number one hottest market in October. The Denver Metro market ranked the 3rd hottest in September. Boulder Colorado was the 17th hottest market in October, 22nd hottest in September. The following markets are the 20 hottest markets in the country for October, ranked by number of views...
According to a new WalletHub study, the city of Littleton is the second-best city in the United States. Affordable housing costs, high home-ownership rates, comfortable cost-of-living, and access to education and healthcare resulted in a high quality of life, giving Littleton its impressive ranking. WalletHub looked at 1,268 small cities across the country, or those with populations between 25,000 to...
by Mark Fleming, chief economist, First American. Article originally published in the 2015 October Edition of REAL Trends. While the Federal Reserve hasn’t raised rates yet, it could potentially decide, before the end of the year, to increase interest rates for the first time since 2008. The CME FedWatch Tool measures the market’s expectation of Fed target rates. One argument is that...
Single-family home prices down 3 percent for summer months. Fewer homes were sold in Colorado during August, the second consecutive month this year to see declining sales, according to market statistics released today by the Colorado Association of REALTORS® (CAR). The 10,657 properties sold last month represent an 8 percent decrease over July. From June through August of this year total...
After six consecutive months of steady movement upward, sales of single-family homes declined 4 percent to 8,700 and condominium/townhouse sales were down 2 percent to 2,761 compared to June. Even so, those figures compare very favorably to July 2014 (+5 percent for single-family and +13 percent for condominiums/townhouses). A drop in home sales at this time of year is common,...
by Josie Klemaier, Denver Post. A new effort to teach Evergreen residents how to protect their homes from wildfires is being led not by fire agencies or property owners, but by another group with a huge stake in area properties: REALTORS®. "As REALTORS®, we got involved in this because we believe in making our communities better," said Bonnie Smith, director of the National...
June sales of both single-family homes and condominiums-townhouses were strong throughout the entire State of Colorado compared to the same month in 2014, according to market statistics prepared for the Colorado Association of REALTORS® (CAR) by 10K Research and Marketing, a Minneapolis-based real estate technology company using data provided by all of the Multiple Listing Services (MLS) in Colorado.. Last...
Project Wildfire is a REALTOR® initiative designed to reduce and/or prevent the destruction of land, property and lives by raising awareness and educating residents throughout our state. We are working in partnership with other like-minded fire prevention organizations across our state to bring education and awareness, as well as access to resources directly to residents in their communities. Colorado REALTORS® continue...