“While our market continues to struggle with low inventory, which of course results in higher prices, we are starting to see some new construction which brings hope to first-time homebuyers as well as move-up buyers,” said Erin Bassett, president of Glenwood Springs Association of REALTORS. “Spring should bring new resale inventory as well.” “We just, honestly, have no inventory,”...
Bob Fullerton with family and friends after winning the 2019 REALTOR of the Year Award. Bob Fullerton, managing broker for ERA New Age in Rifle, Colo., was named Colorado REALTOR® of the Year by the Colorado Association of REALTORS® (CAR) at its 99th annual convention in Beaver Creek, Colo. The award is the most prestigious award given to a CAR member and...
The Colorado Association of REALTORS® (CAR) installed its 2019-2020 Leadership Council during the organization’s 99th annual State Conference in Beaver Creek, Colo. last week. Janene Johnson, broker/owner of Real Estate of Winter Park in Winter Park, Colo. was inducted as chairman of the Colorado Association of REALTORS®, a role she will assume from Dec. 1, 2019 through Nov. 30, 2020. Johnson...
Regional and Statewide Statistics Contact: Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Sept. 12, 2019 – Still far from what would be defined as balanced, Colorado’s residential housing data continues to show signs that markets are shifting, according to the latest monthly market data from the Colorado Association of REALTORS®. Despite three-year lows on interest rates...
Eighty-five federal jobs will move to Colorado as part of a Bureau of Land Management headquarters relocation, the agency told lawmakers Tuesday. In a letter to U.S. senators, BLM formally announced it will place its new headquarters in Grand Junction, but many of the new Colorado positions will be located at an existing Lakewood office. Grand Junction Mayor Rick Taggart said...
ENGLEWOOD, CO. – May 10, 2019 – The much-anticipated influx of new spring season listings in Colorado’s housing market has had a limited impact for buyers as strong sales and continued low inventory have driven median and average pricing to record levels in the seven-county Denver metro area, as well as markets across the state. Those high-water marks for pricing...
Home prices continue to edge up in Fort Collins even as the number of homes sold declined for the first three months of the year. ### The median price of homes sold in the first quarter hit $420,000, up nearly 4 percent from last year's first quarter, while the median price in March alone topped $425,000, according to Fort Collins Board of REALTORS®. ### "The numbers for...
Epic winter snowfall, bomb cyclone create ripple effect on statewide housing markets Spring season beginning to emerge after slow first quarter https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO. – April 10, 2019 – An historic mid-March “bomb cyclone” weather event, coupled with epic Colorado snow totals, tempered the typical fast start to the spring housing market in Denver and across the state, according to the latest...
The Division of Real Estate (“Division”) commenced a review of the administrative rules regarding real estate brokers last year. In compliance with Senate Bill 14-063 (§24-4-103.3, C.R.S.), the Division gave public notice of its review of the existing rules on its website and solicited feedback from interested parties. The statutory mandate for the review is to assess the continuing need...
Single-family home sales across the state were down 3.9 percent in February from a year ago, according to Colorado Association of REALTORS® data. They were down 5.1 percent in January and February combined. In Pueblo County, the drop was steeper. Single-family home sales were down 24 percent last month from February 2018. They were down 15 percent for January and February...