Posted on
January 13, 2021
ENGLEWOOD, CO – Jan. 13, 2021 – While coronavirus delivered devastating effects on our personal and professionals lives throughout 2020, the oldest laws of supply and demand carried Colorado’s housing market through health-focused restrictions, as well as changing residential and work wants and needs. Coupled with historically low interest rates, the combination of circumstances delivered record-setting results in most measurable...
Posted on
January 7, 2021
Between 2018 and 2028, the number of households is projected to increase by up to 12 million. Generation X and millennials are expected to drive most of that household formation. As they replace dropped households over that time, the two generations could add nearly 25 million new households by 2028, according to the CoreLogic Insights Blog.
The largest cohort of millennial...
Posted on
January 6, 2021
“There’s not enough inventory,” said Denver-area REALTOR® Matthew Leprino.
That's how he described the hot real estate market in the Denver area in which November 2020 had a 0.8-month supply of homes for sale—the first time in recent memory when the market’s supply had fallen below a single month’s worth.
Read the full Denver Post article.
...
Posted on
January 6, 2021
“With winter on the horizon and temps falling, Larimer County’s real estate market remains hot,” said Estes Park-area REALTOR® Abbey Pontius. “COVID undoubtedly has put a crimp on the ease of showings, open houses, daily field work, and how we can close transactions, but these are just small speed bumps in the big picture. As we spend more time in...
Posted on
January 5, 2021
The coronavirus hasn't dampened the sale of homes on Colorado's mountain communities. Sales in Telluride and Mountain Pass will likely pass $1 billion.
Telluride REALTOR George Harvey said, "It's Biblical."
“I was just on a 30-broker Zoom meeting this morning. All from Telluride. And we all said this: We are going to do less business in the next one to two years....
Posted on
December 17, 2020
The Road to Recovery, a project developed by the Colorado Business Roundtable and Common Sense Institute, brings together dozens Colorado leaders from a wide range of industries and backgrounds to develop recommendations for getting Colorado back to work.
“While COVID-19
has brought unprecedented challenges in terms of health and safety for
Coloradans and the business community, the disruption has brought an
opportunity to rethink...
Posted on
December 17, 2020
Colorado Association of REALTORS® honors Kate Kelley as Young Professional of the Year
Kate Kelley, broker at WK Real Estate in Boulder, Colo., was
recently awarded the “Gus Williams Colorado Young Professional network REALTOR® of the Year” during the Colorado Association of REALTORS® (CAR) 2020 Virtual Fall Forum.
This award honors an individual who
exemplifies leadership and has a strong commitment to the Young Professional
network, as well as raising...
Posted on
December 9, 2020
Active listings and months supply of inventory fall to record lows driving land sales in many communities
ENGLEWOOD, CO – Dec. 10, 2020 – High demand and a continually shrinking supply of homes available for sale across Colorado pushed active listing and overall inventory to all-time lows across the state and driving land sales in numerous markets, according to the latest...
Posted on
December 8, 2020
Faced with more expensive home prices, home buyers are bringing more money to closing. The median down payment on a single-family home and condo purchased in the third quarter increased by nearly 67% compared to a year ago. Median down payments are at the highest level recorded since at least 2000, according to a new analysis from ATTOM Data Solutions,...
Posted on
December 8, 2020
The coronavirus pandemic and the resulting lockdowns that convinced Kenyan immigrant Lynn Poole and her husband to move out of their apartment in downtown Denver and purchase a three-bedroom house in Commerce City.
Lynne Poole and her husband Aaron Poole stand outside the new home they purchased in 2020.
"We weren't looking forward to living far away because...
