Colorado Association of REALTORS | REALTORS® in the News
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REALTORS® in the News

Denver Post: Colorado Home Prices Record-Setting and Widespread

A study shows that record-breaking listings prices and low inventory aren’t just happening in the Denver metro area, and in fact, the opposite is true: Resort towns and other larger Colorado cities are showing the same if not more price gains. This includes cities like Colorado Springs, Pueblo, and cities in Mesa County and the Western Slope. Headwaters Economics, a research firm from Montana, conducted...

A line of condos/townhomes in Denver neighborhood.

Townhomes & Condo Sales Return, Prices Increase

“While quarantine-limited interaction and the return to ‘normal’ seems to be looming, the stigma of attached living appears, at least for now, to no longer be affected by worry and fear,” Denver-area REALTOR® Matthew Leprino reported in CAR’s monthly Market Trends report. CAR sends this monthly analysis to Colorado news outlets. Townhomes and condos are selling for an average sales price of...

Telluride REALTORS® Fund Homebuyer’s Assistance Fund for 20 Years

The Telluride Association of REALTORS® (TAR) is celebrating its 20th year of providing grants to residents so they can afford to buy a home in their own town.   There are 155 TAR REALTORS® who are currently giving to the First Time Homebuyers Assistance Fund. Over the past two decades, TAR has disbursed $737,467, or about $3,000 per month. Tracy Boyce, a contributing REALTOR® says, “I...

Market Trends Shows Median Sale Prices in Aurora’s Most Affordable Neighborhoods Rising

In Aurora’s more affordable northern neighborhoods along the Colfax corridor and Delmar Park, the city has half of the inventory it had last year and a median sales price of $400,000, which is up about 30 percent. The southern and eastern areas of Aurora and their newer developments have pushed the new median high to $706,000. CAR spokesperson and Aurora-area...

Lower Tax Rate is One of the Factors in Mortgage Approvals in Colorado

The highest rates of mortgage approval are occurring in Summit, Routt, Grand, Boulder and Douglas counties, according to Fox31’s Kevin Torres, who used data from a company called Smart Asset. The news story credited CAR by saying that the listed counties tend to have low tax rates and fairly high income levels. Kelly Moye, a spokesperson for CAR, was also quoted in the news story,...

5280 Magazine Quotes GAR in Growth Article

Greeley Association of REALTORS® CEO Julie Jensen was quoted recently in 5280 magazine about Greeley’s remarkable population growth in the last decade and the reasons for it. Information from the story includes 2020 Census data about the city as a historically agriculture-based community and its 30 percent growth rate in the last decade. One of Jensen’s ideas behind Greeley’s population increase is that the northern Colorado...

Shipping Container Could be Source of Affordable Housing in Denver

One company’s answer to the affordable housing shortage is providing a place to stack containers customized into manufactured homes, which could then be shipped to similar buildings in other states. Stackhouse, is a Denver-based company that offers a way to stack containers in an eight-story building with 62 slots. The cost of one of these homes is $110,000 for a 320 square-foot floor pan, and...

NAR Honors Realtor® from Denver as 2021 Good Neighbor Award Finalist

WASHINGTON (September 2, 2021) – The National Association of Realtors® has selected Bob Bell, a Realtor® from Denver, Colorado, among 10 finalists for its 2021 Good Neighbor Awards program. This award honors Realtors® who have made significant, tangible volunteer contributions in their communities to improve the lives of their neighbors in need. Every Friday, Bell and hundreds of volunteers meet to pack and deliver weekend meals...

Colorado Springs’ ZIP 80916 holds 2021 Title of “Hottest ZIP” in the Nation.

REALTOR.com reports that Colorado Springs ZIP code 80916 (on the southeast side) is the nation’s “hottest” market for sales in the entire nation.   The southeast side of the city outranks ZIP codes in Rochester, NY, and Boston, Mass.  According to CAR’s July Market Trends Report, the median home price for homes in all of El Paso County is $450,000.  In the 80916 ZIP code, the...

KDVR: Home prices continue to climb along Front Range, but more inventory is available

New data regarding Colorado’s ever-changing real estate market indicates a shift in pricing and inventory along the Front Range. Statewide, the latest numbers from the Colorado Association of Realtors show an increase in the inventory of active listings from June into July. In fact, the data highlights a healthy increase of about 1,600 listings between June and July. The city of Denver’s median...