Two Colorado REALTORS®, Jake Hubbell and Ashlee Nath, are in the running for this year's National Association of REALTORS® 30 Under 30 list. These talented professionals are making waves in the industry and are on the verge of being named as the top 30 under 30 in the country. We need your help to vote for them and give them...
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – With potential sellers sitting tight on their low interest rates and buyers skeptical of rising interest rates and reduced buying power, housing markets across the Denver metro area and state continued to take a much-needed breather in the month of February, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS®...
CAR has become aware of several instances in multiple locations across the state where scammers are reaching out to listing brokers to gain access to listed properties. In the most common scenario, the scammer will attempt to schedule a showing directly with the listing broker while impersonating an active, licensed broker working with a buyer. They will text or call the listing...
After two years of unprecedented growth, the median sales price of a single-family home stayed the same in Colorado but dropped in Metro Denver, though barely. In January 2023, the median sale price was $569,804, down 1.4% from a year ago. Some parts of the state saw an increase in January. In January, the median price of a single-family home in...
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Both home buyers and sellers continue to feel the effects of the Federal Reserve’s interest rate hikes designed to help curb inflation and slow the market, according to the January 2023 Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Housing prices across the seven-county Denver-metro area and state continued to fall slightly...
Nationally, pending home sales increased for the first time in six months, and new home sales and mortgage applications are rising. New housing data offers hope that the market slowdown may be short lived. Nationally, pending home sales rose 2.5% in December, ending a six-month slide, the National Association of REALTORS® reported last week. New-home sales also rose 2.3% last month,...
A long-term, frenzied housing market shifts in second half of 2022 https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – The robust, fast-paced real estate market that has dominated Colorado for the past several years and into the first half of 2022 changed significantly in the second half of the year and was punctuated by a December freeze that saw new listings fall to all-time lows statewide,...
Fewer than 170 building permits have been issued for 1,084 burned homes. Empty lots are sitting on the market. A year after the Marshall fire, just one home has been rebuilt. Other homeowners got a jump on the permitting and building process are on track for July or August move-in dates. Fewer than 170 permits had been issued by the cities of...
Congratulations to Terry McCabe, a longtime Four Corners REALTOR®! On December 13, Cortez Mayor Rachel Medina presented Terry with a Proclamation of Gratitude and Appreciation from the Cortez City Council for her commitment to leading the volunteer effort that puts on the Four Corners Board of REALTORS® Christmas Parade of Lights. Terry has hosted, produced, and organized the Cortez event...
The typical seasonal slowdown is being fueled by some interest rate uncertainty, as well as speculation and hope for what spring 2023 may offer to patient buyers. While there is still a sound and growing number of opportunities for buyers, the activity and pace of eager buyers and sellers have taken a much-needed break. The slowdown can be seen across multitude...