CAR's March Market Trends report was further evidence that Denver and the surrounding areas continue to be one of the hottest real estate markets in the U.S. Active listings are down 78 percent compared to the same period one year ago, resulting in a 15.6 percent price increase year over year. The lack of homes on the market has...
“I think you have a bit of a perfect storm of a combination of factors that are coming together,” said Boulder-area REALTOR Kelly Moye. “Specifically California, New York, Chicago and Texas are the places where the most people are coming from. There’s just a massive move here.” Moye said many of those relocating to Colorado are doing so...
ENGLEWOOD, CO – April 12, 2021 – Approximately 60% of Colorado homes sold during the month of March received more than the original asking price as the frenzied buying market continues statewide, according to the latest research from the Colorado Association of REALTORS® (CAR) and the National Association of REALTORS®. Together with California, Colorado topped the madness of March list of just a handful of states...
Buyers required to have patience, persistence, grit…and cash ENGLEWOOD, CO – March 10, 2021 – Colorado home sellers remain firmly entrenched in the driver’s seat as the inventory of homes available for purchase dropped to all-time lows across the Denver metro area and state, according to the February 2021 housing data from the Colorado Association of REALTORS® (CAR). At the same...
Tom Brady has more than 2X as many Super Bowl rings as there are houses for sale in southeast Boulder County ENGLEWOOD, CO – Feb. 10, 2021 – While early February spotlights Groundhog Day and the annual prediction of spring’s arrival, the Colorado housing market just keeps reliving its long-term storyline of low inventory and high demand with no predictable change...
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,...