Denver7: In-depth look at affordable housing
Posted on
July 14, 2021
Listen to Denver7 dive in-depth at affordable housing, current prices of rent and sale prices, market predictions, and help available. ...
Market Trends & Statistics
Post Independent: Parachute, Battlement Mesa developments could help with county-wide housing shortage
Posted on
July 14, 2021
But what is more concrete is that both Battlement Mesa and the town of Parachute do in fact have enough open space to fit the needs of the tight housing market of Garfield County. In most of Garfield County, the chances of finding a single-family home for less than $500,000 are slim to none. Latest data from the Colorado Realtors Association,...
June delivers influx of new housing inventory however, pending sales and closes push median pricing to record highs across Denver metro area and state
Posted on
July 13, 2021
REALTORS® seeing some signs of change in markets across Colorado https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – July 13, 2021 – A strong month for new listings in June helped give potential homebuyers a little hope and opportunity however, the volume of sales and homes going under contract continued to grow as well pushing the median sales price for single-family homes in the seven-county Denver metro area and statewide to record...
Developers working on affordable housing in Colorado’s mountains – Offer suggestions for pending wave of funding
Posted on
June 14, 2021
The unprecedented housing crisis in Colorado will soon see an equally extraordinary flood of cash. In Colorado's high country, where affordable housing is a decades-long issue that exploded into a catastrophe last year, an army of developers on the front lines of a complex campaign to build workforce housing are ready to help guide the sudden influx of funding. Once the...
Colorado Housing Markets Have A Demand Problem
Posted on
June 11, 2021
Double digit appreciation and over-asking price records shattered in this ‘new norm’ https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – June 10, 2021 – Having shrugged off any potential effects of the past year, including COVID-19, massive unemployment, economic uncertainty and the typical seasonal fluctuations, Colorado’s housing market continued an historic run through the month of May, according to the latest data from the Colorado Association of REALTORS®...
The Colorado Sun: As Colorado’s older homeowners consider moving, a hot housing market often keeps them stuck where they are
Posted on
June 1, 2021
Equity in their current homes doesn’t buy what it used to, so some figure the prudent move is to adapt what they have. That makes the market even tighter. For many older adult homeowners, the idea of downsizing or simply moving to a home where the design and layout — plus accompanying financial considerations — makes more sense has run up...
Denver Post: Colorado’s housing market redefines Rocky Mountain high in April
Posted on
May 25, 2021
Median price of a single-family home sold last month tops $500,000 The median of a single-family home sold in Colorado crossed above $500,000 for the first time ever in April and is running at an elevation 1.5 times higher than the U.S. median, according to a monthly update from the Colorado Association of Realtors. “For the short term, there is no calm in sight....
Fort Collins, Greeley, Loveland/Berthoud and Longmont REALTORS® Commission Study on Metro Districts
Posted on
May 20, 2021
Metro District Impacts on Housing Costs for Home Buyers1 The Study: The Fort Collins Board of REALTORS®, the Greeley Area REALTOR® Association, the Longmont Association of REALTORS® and the Loveland-Berthoud Association of REALTORS® commissioned Anderson Economic Group (AEG) to analyze how purchasing a home in a metro district impacts homebuyers in order to better educate our members and their clients. To our knowledge, this study is the first of...
Westword: Median Colorado Single Family Home Price Tops $500K for First Time
Posted on
May 18, 2021
Westword highlighted increasing home prices in Colorado, citing the Colorado Association of REALTORS' April Market Trends Report indicating the median price of a single-family home is over $500,000. Durango-area REALTOR Jarrod Nixon said, "Many industry experts believe there is no bubble. Instead, the demand for housing in the west, particularly in resort areas, is higher than ever due to the migration...
Denver Business Journal: What Homebuyers Are Up Against in the Denver Market Despite Inventory Boost
Posted on
May 18, 2021
“Long ago, the ‘love letter’ was the way to romance a seller into accepting your offer – no more,” said Denver-area REALTOR® Matthew Leprino. “Today, the love letter comes in the form of a larger overall check and, in most cases, paying significantly more than a house may be worth at that snapshot in time. We [REALTORS®] have and hopefully will always continue...