The housing markets expected to be the strongest in 2021 are tech hubs with strong job creation, state capitals where home shoppers may get more square footage for their money, and smaller cities with greater affordability, according to a new analysis from realtor.com®. But none of these areas boast the cheapest home prices in the nation. In most of them, buyers...
Hosted by WestWater Research Join us on Jan 14, 2020 as we bring together experts from the water and real estate sectors to discuss some of the major trends both sectors saw in Colorado in 2020. Colorado, especially northern Colorado, is seeing increasingly restricted water supplies for agricultural and urban users, a trend made all the more fraught as out of...
The Colorado Association of REALTORS'® new leadership council has officially assumed their new roles as of December 1, 2020. 2021 CAR Chair Robert Walkowicz CAR's 2021 Chair, Robert Walkowicz, Broker Associate/Partner with the Group in Fort Collins, has extensive experience with the Colorado Association of REALTORS® dating back to 1994. In his new position, Walkowicz will serve...
Communities in the path of the four wildfires, that burned hundreds of thousands of acres this past fall, including the Cameron Peak and East Troublesome fires, are slowly recovering. The fires destroyed or damaged hundreds of homes, leaving families displaced and in need of assistance. BizWest notes the CAR Foundation was awarded a $100,000 grant from the National Association...
Denver joins world class cities Copenhagen and Helsinki on National Geographic's 8 Most Sustainable Destinations for 2021. NG's list is comprised of carbon neutral cities seeking to tackle climate change as well as countries striving to safeguard the earth's natural wonders. "Despite financial challenges related to Covid-19, Denver is powering forward with its goal of achieving 100 percent renewable electricity by...
A 2018 study from the Urban Institute revealed a gap of almost 32% between the homeownership rates for Blacks and Whites in the Denver metro area. The racial disparities in homeownership date back decades when practices such as redlining were common and real estate professionals could put their safety at risk for merely selling homes to Blacks. “Selling homes to Black...
“Our market is one fire,” Boulder-area REALTOR Kelly Moye told Fox 31. “But if you look at other areas of the state, like Telluride for example, prices have gone up 80% this year. And their sales are up 111%. So what it’s showing you is, people, if they’re working from home and schooling from home, they want to go where they want...
October highlights for the Denver market include: The greatest 12-month-period price appreciation (21.3%) ever tracked by the Colorado Association of REALTORS®. There were 42% more single-family homes sold than the previous year, and 23% more new listings arrived to replace them, all while the median single-family price increased $32,000 in one month Taking a look at some of the state’s local market conditions,...
With COVID-19 incidence rates climbing across Colorado, putting stress on hospitals, public health systems and health care workers, Gov. Polis today announced a change to the state’s COVID-19 risk dial, changing the Red (Severe Risk) Level and adding a Purple (Extreme Risk) Level. The new dial will go into effect on Friday. However, several counties across Colorado have already begun moving into the Orange (High...
The NATIONAL ASSOCIATION OF REALTORS® today released its 2020 Profile of Home Buyers and Sellers, a survey of people who purchased or sold from July 2019 to June 2020. The profile report has been a leading industry source of trusted insight into consumer behavior for nearly four decades. As in the past, this year’s survey measures the demographic characteristics of...