Market Trends & Statistics
Posted on
December 12, 2018
By Kyle Malnati
CEO, Broker Owner
Calibrate Real Estate
Denver’s apartment market has been in an Expansion Phase for 7 years, resulting in amazing appreciation for multifamily owners. Cary Bruteig, MAI, of Apartment Appraisers & Consultants has studied Denver apartment buildings for 25+ years. His firm has surveyed over 400,000 apartment units in 2,000 completed appraisals and/or market studies. Bruteig is...
Posted on
December 12, 2018
Holiday and seasonal slowdowns combine to create more opportunities, less stress for homebuyers across the state
ENGLEWOOD, CO. – Dec. 12, 2018 – Despite the start of the typical seasonal and holiday slowdown in the housing market, median sales prices continued to tick upward while inventory supply and active listings continued to deliver mixed results in markets across much of the state...
Posted on
December 3, 2018
A study that found building net-zero homes costs not much more than standard homes changed the trajectory of a Pueblo housing project. Now, more than 5,000 net-zero ready homes are proposed for Colorado.
Pueblo has seen an uptick in new residents moving in from the Front Range looking for a home that’s “a little less expensive,” said Scott Hobson, an assistant...
Posted on
November 27, 2018
Affordability Index Retrospect
Index Over Time Shows a Complex Story Behind Affordability Issues in Colorado
By Matthew Leprino
You aren’t wrong. Living in Colorado isn’t exactly ‘affordable’ these days. Our incredible State has been evolving for some time now and the potency of that change is no clearer than in the lack of affordability of our real estate market. A relatively new statistic...
Posted on
November 20, 2018
The Housing Affordability Index across Colorado is at its lowest point since the Colorado Association of REALTORS® started the measurement in January 2010, according to a Monday press release from the organization.
Looking at both the seven-county metro area and statewide markets, affordability is down 18 percent from this time last year for single-family homes and 20 percent for condos/townhomes, the...
Posted on
November 13, 2018
ENGLEWOOD, CO. – Nov. 12, 2018 – With a continuation of the typical seasonal slowdown across most of Colorado’s local housing markets in October, overall affordability appears to be taking center stage as median housing prices continue to increase fueled by reduced inventory, an uptick in interest rates, and the median income of potential homebuyers, according to the latest monthly...
Posted on
October 30, 2018
The Colorado housing market has been running at hyperspeed over the past several years, despite some of the country's worst affordability in Denver and beyond. But things may finally be on the cusp of change.
According to a new report from the Colorado Association of REALTORS® , sales of single-family homes, townhouses and condominiums fell dramatically in September. The number of single-family homes purchased dipped by a striking 14.6...
Posted on
October 28, 2018
Garfield County stands as a bright spot in the Colorado real estate market, which is dipping across the state, but the strong sales numbers may not last long.
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The number of Garfield County single-family home listings sold in September rose 5.9 percent compared to September 2017, while statewide single-family home sales dipped 15.2 percent in the same period.
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“The overall September numbers...
Posted on
October 23, 2018
The Colorado Association of REALTORS® recently reported that the number of single-family home listings sold in Colorado dropped 14.6 percent in September compared to the same month a year earlier. Sales of townhouses and condos dropped 15.2 percent.
The Denver Post reports that metro Denver area year-over-year single-family home sales in September fell 15.8 percent.
Elsewhere, home sales fell 26.7 percent in...
Posted on
October 23, 2018
Buyers and Sellers Teeter-Totter in Evolving Housing Market
Buyers are beginning their hunts ahead and quieting down earlier than previous years
BY MATTHEW LEPRINO
Published: 2018.10.22 03:00 PM
Like a schoolyard teeter-totter, there are always two forces volleying for control in any real estate transaction. On the left, you have the buyer’s control – always a force but sometimes lagging behind that of the seller...