Colorado Association of Realtors members are just as confused by what's going on as anyone else, as is clear from statements collected by the group. "If you speak to your local realtor, you will hear that perhaps the frenzy is slowing," notes Sunny Banka, who works in the Aurora area. "It is hard to tell if that is the typical July...
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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,...
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...
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...
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®...
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...
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....
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 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...