Low interest rates helped make 2020 a "very good year" for Pueblo's residential real estate market, said Pueblo-area REALTOR® Dave Anderson. "...
A combination of historically low interest rates coupled with homebuyers' desire for more space and ability to work remote in the age of COVID have resulted in an unprecedented market in every corner of Colorado. “2020 will go down as the most unpredictable year many of us have ever experienced,” said Colorado Springs-area REALTOR® Patrick Muldoon. Fort Collins REALTOR®...
ENGLEWOOD, CO – Jan. 13, 2021 – While coronavirus delivered devastating effects on our personal and professionals lives throughout 2020, the oldest laws of supply and demand carried Colorado’s housing market through health-focused restrictions, as well as changing residential and work wants and needs. Coupled with historically low interest rates, the combination of circumstances delivered record-setting results in most measurable...
Active listings and months supply of inventory fall to record lows driving land sales in many communities ENGLEWOOD, CO – Dec. 10, 2020 – High demand and a continually shrinking supply of homes available for sale across Colorado pushed active listing and overall inventory to all-time lows across the state and driving land sales in numerous markets, according to the latest...
October highlights for the Denver market include: The greatest 12-month-period price appreciation (21.3%) ever tracked by the Colorado Association of REALTORS®. There were 42% more single-family homes sold than the previous year, and 23% more new listings arrived to replace them, all while the median single-family price increased $32,000 in one month Taking a look at some of the state’s local market conditions,...
ENGLEWOOD, CO – Oct. 12, 2020 – Forty years after the release of the iconic Pac-Man video game, and a doubling of the state’s residential population to 5.8 million, Colorado house hunters have created their own version of the hungry, energy seeking video character, gobbling up available housing while frantically maneuvering through the residential market maze – all while trying to beat the competition chasing the...
Pending Sales and Median Price hit all-time highs while Active Listings fall nearly 50 percent from a year ago Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO – Sept. 11, 2020 – In addition to record high temps throughout the month of August, the statewide housing market continued its hot streak as well, setting new records for pending/under contract properties and median sales price...
WASHINGTON (September 1, 2020) – Forsyth County, Georgia, ranks as the top “Work from Home” county in the United States, according to a new report from the National Association of Realtors® measuring several factors of increasing relevance amidst the COVID-19 pandemic. Two Colorado counties – Douglas and Broomfield – appear in the top 10 at second and ninth, respectively. NAR’s 2020 “Work...
“That trend of being able to move away from being right next to your job, to being in the mountains and something absolutely beautiful and being able to play and have fun and get your work done, it’s a great combo,” Dana Cottrell, a Summit County-area REALTOR, told CBS 4 Denver. “The single-family averages are pretty high here. A...
USA Today reported on CAR's July 2020 Market Trends report. It notes, "Sales rose 15% from June and 21% from the previous July – before COVID-19 when the economy was rolling. Statewide the median home price rose a startling 4.5% in one month, to $443,925." "There is a total disconnect with half the economy being crushed and yet, housing has mostly shrugged it...