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
The Center Square: Increasing inventory isn’t slowing Colorado’s housing market
Posted on
July 14, 2021
According to the latest monthly figures from the Colorado Association of REALTORS® (CAR), housing inventory increased by 24% in June, with the statewide median sales price for a single-family home increasing nearly 24% year-over-year to $530,000. At the same time, the number of homes under contract eclipsed 10,000 in June, CAR figures show. Another 9,875 units were sold across the state which...
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...
Denver Post: Buyer burnout a big concern in metro Denver’s heated housing market
Posted on
June 14, 2021
The highly competitive market is forcing agents and buyers alike to get creative in their approach, which is introducing new strategies, said Kelly Moye a REALTOR® , who heads The Kelly Moye Team at Compass Real Estate in Broomfield and is representing the Paynes. For example, some buyers try to force their offers to the top of the stack by putting a...
FOX 31: ‘We have a demand problem’: Colorado real estate continues through the roof
Posted on
June 14, 2021
"In spite of all the reporting of low active inventory numbers, the Fort Collins market is selling more homes each month than in each of the past two years,” said REALTOR® Chris Hardy. “Nearly every home that comes on the market is sold in the same month and there isn’t much left to choose from. As I heard...
Estes Park Trail Gazette: Colorado housing markets have a demand problem
Posted on
June 14, 2021
Estes Park average home price up 22% year-over-year “The average sale price for a single-family home has jumped 21.9% compared to last year, townhouse/condos also saw an increase of 29.6%. While this is not quite as rapid of growth as other areas of Colorado, it is an incredible increase to the overall pricing in an already tight market. New listings are down...
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....