Mission Homes Colorado to break ground in July on houses starting in mid-$200,000s By Craig Young Reporter-Herald Staff Writer For several years, builders in the region have said that it's not possible to construct a detached single-family home that would sell for less than $300,000. "On the Front Range, the conversation starts in the mid-$300,000s," he said. "But the days of homes in the...
The housing market is improving for Montezuma County as house sales have increased. A good economy and high rental rates are pushing citizens of this area to consider buying a house versus renting. “Rent is pretty tough around here, and rent amounts are high, and so buying is a much better option for people,” To read the Full Article Click HERE...
The Denver housing market is experiencing an uphill battle from cash buyers to appraiser shortages. Current statistics reflect the struggle that is unfolding in the market. "The story of homeownership is one of riding these waves – the highs and the lows – all the while knowing that the house always wins, no matter who’s dealing the cards…even if it needs to be...
Market conditions result in record high median pricing levels in both Denver metro area and state as low inventory dominates housing discussion. ENGLEWOOD, Colo. - March 12, 2018 - While housing hope springs eternal, inventory statistics across the state paint a different picture and have resulted in numerous record-high median pricing levels in Denver and across the state, according to the...
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...
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 -...
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...
“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...
"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...
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...