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...
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...
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...
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...
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...
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...
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...
As Colorado cools down with the changing of the seasons, typically so does the housing market. Dave Anderson, a RE/MAX Pueblo West agent spoke with The Pueblo Chieftain offering his professional opinion on the current status of Pueblo County housing market. "The Pueblo market is still strong, although a low inventory continues to limit growth in sales volume." While low inventory does limit...
Denver had the second largest increase in annual homes prices with statistics showing this increase at 10%. This major increase on home prices and the lack of inventory are due to the legalization of marijuana in 2012. "The pot industry is creating jobs we didn't have before," said Kelly Moye, a Re/Max real estate agent who has worked in the Denver...