Posted on
February 12, 2018
“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...
Posted on
February 2, 2018
"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...
Posted on
January 17, 2018
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...
Posted on
January 11, 2018
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...
Posted on
December 21, 2017
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...
Posted on
December 12, 2017
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...
Posted on
November 17, 2017
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...
Posted on
November 17, 2017
Denver, Colorado has seen a rental price increase as the housing market has sky rocketed for that area. Matthew Leprino, a CAR spokesperson spoke with Denver 7 to offer his advice for those looking for affordable rentals near Denver. Rental prices are reliant on the median home price for the area of the rental property, "Adams County is one of the more...
Posted on
November 15, 2017
Home sweet, expensive home: The hot Colorado housing market
With an influx of people and not enough houses to go around, home prices are at a high, making a competitive market for buyers.
“I'm seeing that that market is actually kind of on fire right now,” Colorado Association of Realtors spokesperson, Kelly Moye said. Moye has been watching Colorado become a true...
Posted on
October 31, 2017
Colorado has many wonderful features that drive people to our state. The views are breathtaking with the states varying terrain, residents are able to experience all four seasons, and of course the adventures that are offered with our great outdoors. Colorado has a lot going for it. But did you ever think investment property was one of them? According to Markets Insider, Colorado...