The rise in Pueblo West real estate is a combination of several factors, said Dave Anderson, a broker associate at Remax of Pueblo West who is also a member of the Board of Directors of the Pueblo Association of REALTORS® as well as the Southeast housing spokeperson for Colorado Association of REALTORS® "There is a lack of inventory," Anderson said, "as well...
What will homebuyers sacrifice just to get in on a piece of the action? BY CAR SPOKESPERSON MATTHEW LEPRINO The Denver real estate market has recently become a hotbed of conflicting cause-and-effect discussion. Our condominium regulations (construction defects reform) have gained national attention, while our scorching home prices seem unstoppable to everyone except those who worked and survived the 2008 market. Instantaneous...
Home sales and prices in Denver slipped lower from June to July. But was that just the chain jerking on a roller coaster still headed higher or a housing market cresting its peak and about to send passengers on a wild ride? “It is typical to have a seasonal slowdown every summer, but this summer has been slower than most and...
July housing data delivers mixed bag across Colorado ENGLEWOOD, Colo. – Aug. 10, 2017 – While Colorado’s housing market remains extremely hot, seasonal factors contributed to create a mixed bag of results in Colorado’s housing market activity in July, according to the monthly statewide housing report from the Colorado Association of REALTORS® (CAR). Despite decreases in new (-14 percent), active (-3.5) and...
Across all of Colorado, there are 30 percent fewer homes for sale across state than one year ago. Active and new listings rise but strong sales, low inventory continue to shape seller’s market. Key findings from the June 2017 research report include: Peak summer housing market sees median sales prices for single family homes in the metro region, as well as statewide,...
U.S. Existing-Home Sales Rise in May Despite Tight Supply Sales increased 1.1% from April and the median sales price jumped 5.8% Existing-home sales rose 1.1% in May from the prior month to a seasonally adjusted annual rate of 5.62 million, the National Association of REALTORS® said Wednesday. Economists had expected a modest decline from April. Compared with a year earlier, sales were...
Key findings from the May 2017 research report include: New and active listings in May were up approximately 10 percent across the state over the prior month. However, year-over-year active listings are down more than 32 percent. Median sales price for a single-family home in the Denver metro area inched slightly higher in May to hit another record high: $407,000. ...
The Colorado Housing Market By James Meijia Privera@lavozcolorado.com 06/07/2017 Lack of Inventory Drives Prices In their annual April housing report, the Colorado Association of Realtors (CAR) points to a red hot market not only in the Denver metro area but throughout the state. The average selling price of a home in Colorado jumped 12.3 percent in one year to $416,695. Coupled with high sales price...
Local housing market grows tighter By DENNIS DARROW | ddarrow@chieftain.com | Dennis Darrow | May 19, 2017 Updated May 20, 2017 [caption id="attachment_23707" align="alignleft" width="294"] GOODThe percent of people who plan on buying a home by age group.[/caption] The Pueblo area housing market remains hot -- and the supply of available homes continues to shrink. Building on the gains of the past two years, home...
Key findings from the April 2017 research report include: Following a dramatic increase in new listings in March 2017, April saw a small decline in the number of new listings for single-family and townhome/condos across the state. Median sales price for a single-family home in the Denver metro area hit another record high, $404,900. Statewide, the median sales price for...