New listings, sales and inventory continue to challenge most markets The median price of a single-family home statewide in Colorado decreased to $300,900 in November, down about $17,000 from the year’s high in June according to market statistics released today by the Colorado Association of REALTORS®. Even so, compared to a year ago, single-family home prices were 9 percent higher last...
NAR: Internal News Service Special Report Full Report Available Here Board Approves Free Forms For All Members The NAR Board of Directors at its Nov. 16 meeting in San Diego approved a partnership between NAR and zipLogix® to provide a national forms and transaction management benefit to all NAR members. The board heard reports on a number of NAR initiatives—including advocacy successes in 2015. A...
We've known for quote some time that scammers have been targeting real estate transactions, such as this warning from CTMeContracts in July of this year of several attempts to deceive real-estate agents and title company employees into wiring earnest money and/or closing funds into a fraudulent account. But now NAR is delivering warnings about the potential threat. According to panelists at the...
Prices leveling out while inventory remains a significant challenge Fewer Colorado homes were sold statewide in October, the fourth consecutive month of declining home sales according to market statistics released today by the Colorado Association of REALTORS® (CAR). The 6,965 single-family homes sold last month were 10 percent fewer than September and 23 percent fewer than the year’s peak number of...
Colorado RPAC Day is the perfect opportunity for all Colorado REALTORS® to recognize the importance of RPAC and invest! December 10th is Colorado RPAC Day! The REALTORS® Political Action Committee (RPAC) was established to fight for our industry so you don’t have to. RPAC works to promote homeownership and private property rights at the local, state, and national level. We need your...
Lots of families are trying to buy a new house before interest rates go up! Watch REALTOR® and CAR Spokesperson Kelly Moye give Channel 2 News a look at what is available and how much your money will get you both in Denver, and in the suburbs outside of Denver. Houses in Denver: Houses Outside of Denver: ...
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...
Prices, new listings and inventory down in most areas of the state. According to market statistics released last week by the Colorado Association of REALTORS® (CAR), the traditional summer housing slowdown that was evident in July and August in Colorado has continued into September. Housing markets often experience slower sales during the summer months as buyers and sellers focus on vacations,...