REALTORS® in the News Archives - Page 11 of 47 - Colorado Association of REALTORS
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REALTORS® in the News

Modern kitchen with market trends overlay.

Rising interest rates and inflation magnify market slowdown

Posted on November 10, 2022
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

Sellers, still looking to cash in, face a more patient buyer pool https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Rising interest rates and inflation are helping to magnify what is typically a fall season slowdown, according to the October 2022 Market Trends Housing Report from the Colorado Association of REALTORS®. New listings for metro-Denver single-family homes fell just over 25% from September to October and are...

House with "Sold" sign in front yard.

REALTOR® Advises Buyers and Sellers to Work the Current Market

Posted on November 3, 2022
REALTOR® News, REALTORS® in the News

Although home loan interest rates have increased, the real estate market allows prospective home buyers and sellers to take more time with housing choices. The interest point hikes are significant, Moye said. A couple who could afford a $700,000 house could now only afford $580,000. There have been a number of rate increases from May 2022 to September 2022 totaling...

Aerial view of snowy suburban neighborhood.

Statewide Sales for September Slouch, Offer Ownership Opportunities

Posted on November 3, 2022
REALTOR® News, REALTORS® in the News

September Market Trends statewide showed that sales for single-family homes decreased by 24.89% in September compared to September 2021. The number of listings that sold last month decreased by 24.69% year over year. “The best news is that we are seeing the market start to balance in all price ranges,” according to CAR Spokesperson Sunny Banka who works in the...

Modern kitchen with market trends overlay.

Colorado housing markets spotlight dramatic fall change

Posted on October 12, 2022
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing, Stats & Trends

Conditions drive inventory and opportunity for an increasingly skeptical and cautious buyer pool https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – As cooling temps lead to dramatic changes in foliage across Colorado’s iconic mountain forests, rising interest rates and a growing list of economic challenges and uncertainties are creating their own dramatic changes in the state’s housing markets, according to the September 2022 Market Trends Housing...

Red house highlighted with magnifying glass.

REALTORS® Use Historic Perspectives to Find the Right Price

Posted on September 26, 2022
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

Home prices have appreciated 11% since the beginning of the year according to CAR’s Market Trends report for August 2022. CAR Spokesperson Kelly Moye says, “A housing recession would mean more inventory than demand from buyers, so your supply and demand would be out of whack--it would be out of balance. And prices would be going down…” The recurring interest...

Aerial view of suburban neighborhood in autumn.

Fall Market Providing Opportunities for Buyers

Posted on September 26, 2022
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing, Stats & Trends

CAR’s August Market Trends report shows most median home prices in Colorado are up 10 % from last year’s numbers. Despite higher interest rates, multiple cash offers are a thing of the past. “It’s a great, great opportunity,” said CAR Spokesperson Matthew Leprino. It’s better than it’s been in three years for buyers. Yes, interest rates are higher, and prices...

Stone house with trees and green lawn.

Report: Green Lawns No Longer a Priority for Homeowners

Posted on September 23, 2022
REALTOR® News, REALTORS® in the News, Residential Housing

Homeowners are realizing that lush, green lawns are getting harder to maintain in Colorado. Having a green lawn has been a status symbol since the 1500s and even has the reputation of forecasting the homeowner’s moral character, which was then reinforced by homeowner’s associations. The grass we know today was originally brought from Europe and North Africa. Some REALTORS® have noticed...

REALTOR® Sells Home With ‘Normal’ Contract

Posted on September 14, 2022
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

A REALTOR’S® client in Boulder recently bought a home in two days, close to the listed price, with a home inspection, with a contingency agreement on the sale of her current home, and with no appraisal gap. CAR Spokesperson Kelly Moye said, “That was a contract we haven’t seen in a really, really long time, and – it was refreshing.” “She...

Southwest Denver Homes Flipping at a Fast Pace

Posted on September 13, 2022
REALTOR® News, REALTORS® in the News

Four neighborhoods in Southwest Denver - Bow Mar, Westwood, Harvey Park, and Barnum - saw more flip sales in 2021 alone when compared to the last decade, according to Denver property sales data. 2022 is on track to break that record. Overall, there were more home sales in 2021, but CAR Spokesperson Matthew Leprino commented on the data: “The 120-day threshold...

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The Colorado Association of REALTORS® is the state’s largest professional, voluntary, non-profit, real estate trade association that is dedicated to serving more than 25,000 REALTOR® members across the state. Read More

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