When REALTORS® from across the state met earlier this month at the Colorado Association of REALTORS® annual Economic Summit, the message from economist Elliot Eisenberg was clear: Colorado's housing market continues to be plagued by an overall lack of inventory. The ripple effects on home buyers and sellers alike has remained the same for the past several years and the...
New Colorado Realty Association statistics show the median sale price for a single family home in Denver is $425,000, that's down more than 1 percent and townhouse/condo prices are down 12 percent. Association spokesperson Kelly Moye tells FOX31 several factors contributed to the shift, “With the elections and the stock market and the subsequent government shutdown, it never picked up.” Moye says...
The Boulder County housing market is slowing down. Data from the Colorado Association of REALTORS® suggests fewer single-family homes were sold last month compared to a year ago, as more inventory became available. Single-family home sales fell about 23 percent and new listings grew more than 4. 2 percent. "Consumer confidence is a bit shaky. That's what is causing a sluggish start,"...
Kiss those years of double-digit annual home price gains goodbye. Depreciation has made a comeback in Boulder, Denver and Douglas counties, foreshadowing more widespread declines in the months ahead, according to a report Tuesday from the Colorado Association of REALTORS®. “We are seeing a ton more properties come on the market, but not an increase in the number of sales,” said Matthew Leprino,...
ENGLEWOOD, CO. – Feb. 12, 2019 – When REALTORS® from across the state met earlier this month at the Colorado Association of REALTORS® annual Economic Summit, the message from economist Elliot Eisenberg was clear: Colorado’s housing market continues to be plagued by an overall lack of inventory. The ripple effects on home buyers and sellers alike has remained the same...
The Colorado Association of REALTORS® (CAR) has completed a 50-state research analysis designed to identify the most innovative and successful programs being implemented to address the full spectrum of housing issues facing communities across the United States. From affordability and product type to inventory needs, CAR’s research set out to help identify what state and local governments, public and private businesses,...
By Matthew Leprino January 2019 There is little that markets like less than uncertainty, be it real estate, or otherwise. So when a segment of the population isn’t working, and worse, when they aren’t spending money, uncertainty grows and creates a ripple effect throughout our economy. As the partial government shutdown nears ever closer to a month, the likelihood that it will...
The Colorado Association of REALTORS has pegged 2018 as a year of "tremendous contrasts" across the state. Down to the zip code, location mattered as much as anything else. While some experts and economists have predicted a downturn in 2019, evidence of softening real estate markets was not universal across the state, according to the association. ### In Summit County, the total...
Despite drop in sales, median prices continued to climb Metro Denver’s housing market saw sales slide and prices continue to rise last year, and that pattern dominated across much of the state, according to a monthly update from the Colorado Association of REALTORS. Colorado Springs and El Paso County, the next biggest housing market after metro Denver, suffered a 5.5-percent drop in single-family...
Despite market trend predictions from experts and economists of a possible downward shift in real estate in 2019, the Colorado Association of REALTORS® doesn’t expect that to be the case for all of Colorado. While there was an increase in listings statewide in the second half of 2018, new listings went down in December with 3,868, down 36.5 percent from the...