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...
A strong spring in many markets across Colorado could contradict some reports of a slowing market in 2019 ENGLEWOOD, CO. – January 11, 2019 – 2018 was a year of tremendous contrasts across most Colorado markets, giving both sellers and buyers opportunities to take advantage of ever-changing market conditions, according to the latest monthly market trends data from the Colorado Association...
The city leads the state for employment growth in 2018 and 2019, thanks to diversity in business, age, health care, cybersecurity. Lower housing prices have definitely attracted Denver buyers willing to brave the commute, said Donna Major, current chair of Pikes Peak Association of REALTORS®. On average, homes in the Colorado Springs region cost about a third less than houses in...
We have reached cruising altitude By Matthew Leprino You know the moment; you’re about 15 minutes into your flight - you’ve grabbed your tablet or magazine and are settling in to your voyage. The seatbelt light is still on and the pilot has yet to make the obligatory ‘we’ve reached cruising altitude’ message but you can feel the leveling out as you...
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...