Colorado Association of REALTORS | Market Trends
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Market Trends

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Pueblo, Colorado Continues to Rise in the Housing Market with the Median Sales Price Climbing Higher

The housing market continues to tighten across the state as Pueblo, Colorado slowly increases month over month for median sales price and average sales price.  The inventory of for sale homes has decreased from 1.7 months supply in December to 1.6 in January.   For more information and to read the whole story from The Pueblo Chieftain by Dennis Darrow click HERE...

Inventory isn’t the problem, ‘Active Inventory’ is

By Matthew Leprino   It seems you can’t open your social media app or tune in to the local news without hearing about the lack of options for homebuyers these days. Denver is facing big city problems while it continues to grow into that role.   Along with increased pressure on developers to turn over a quality product - and fast at that -...

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Colorado governor candidates differ on affordable-housing solutions

Four Democratic and three Republicans hoping to succeed term-limited Democratic Gov. John Hickenlooper spoke at a Gubernatorial Forum held by the Colorado Association of REALTORS at REALTOR Day at the Capitol.   The discussions came as housing needs continue to out-pace new housing supplies, leaving home prices soaring and an estimated 25 percent of Coloradans spending 50 percent or more of their income...

Colorado Association of REALTORS® Economic Summit Tackles the Hard Subject of Ballot Initiative No. 66

“This will bring our economy to a halt. You don’t bring affordability to a market by reducing supply,” Scott Thorson, the Chief Operating Officer at Oakwood Homes, said at the Colorado Association of REALTORS®’ Economic Summit on Wednesday in Denver.   Ballot initiative No. 66, which is awaiting a review from the Colorado Supreme Court, would limit permits for homes and apartments...

Real Estate Market Active Across the State

"It's a sellers market" will be a phrase we will continue to hear throughout Colorado as a state.  Garfield County recently received year-end reports from the Colorado Association of REALTORS market trends and statistics report distributed by the Glenwood Springs Association of REALTORS.  Year-end reports showed new listings increased 1.5% for single-family homes with an increase of median home sales...

Keep Your Seat Belts Fastened

A look at Denver's 2018 housing market Article from ColoradoBiz By Matthew Leprino, CAR Spokesperson   We have reached cruising altitude. You are free to use your portable electronic devices, or … so we thought. As 2018 succeeds a year of upward evolution for Denver’s real estate market, we must be cautious before removing the fasten seat belt sign and watch for items that...

Colorado Home Prices Continue to Rise: 2017 a Record-Breaking Year

Median sales prices rise 10 percent in back-to-back years lack of inventory a consistent theme statewide   ENGLEWOOD, Colo. – Jan. 11, 2018 – From the Denver metro area’s urban core and suburbs, to smaller communities across the state, Colorado’s housing market experienced back-to-back years of 10 percent bumps in the median sales price of a single-family home as record low inventory...

A Pulse on Denver’s 2018 Housing Market

How will the metro area's market respond to the impending tax reform?   Article from ColoradoBiz By Matthew Leprino, CAR Spokesperson   When we refer to predicting what’s next for the market as having a “pulse” on it, we are referring to it being a living, breathing thing – a stubborn little creature inhaling and exhaling with seasonal aptitude and behaving in a way...

New and Active Listings Continue to Decline in Colorado

ENGLEWOOD, Colo. – Dec. 12, 2017 – With a significant decline in new listings and active listings continuing to define a low inventory market across the metro area and the entire state, median home prices are holding their own, according to the latest housing report from the Colorado Association of REALTORS® (CAR).   With limited new housing starts, the record low inventory...

First-Time Homebuyers: YES YOU CAN Buy a Home in This Market

Lack of inventory and massive year-over-year gains in the price of entry-level homes are not the only factors preventing prospective first-time homebuyers into taking the leap towards homeownership.  According to NAR's 2017 Profile of Home Buyers and Sellers Speak report, first-time homebuyers are struggling to afford the costs that come with purchasing a home.  In fact, 1 in 3 first-time...