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

Buyers and sellers exercising patience as they hibernate through the winter

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – A combination of economic factors magnified the typical seasonal slowdown in the housing markets with new listings plummeting more than 25% across all property types in the seven-county Denver-metro area and statewide markets, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis from the Association’s spokespersons across the state. And,...

Home Sales Drop Across Colorado as Mortgage Rates Continue to Stymie the Market

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Despite inventory beginning to reach healthier levels in select metro and mountain areas of the state, other markets are seeing reductions in inventory of up to -63% in some neighborhoods due to the lack of new listings, proving yet again that all real estate is local, according to the latest Market Trends Housing Report from the Colorado...

With slowing activity across the state, housing prices buoyed by luxury market sales

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Despite small increases in the overall inventory supply, higher mortgage interest rates continue to broaden the traditional seasonal slowdown in housing markets across the seven-county Denver metro area and in markets statewide. As a result, buyers willing to come off the sidelines have gained a little advantage and sellers, willing to sacrifice their 3.5% and lower interest...

Buyers and sellers settling into the new normal

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Whether in the seven-county Denver metro area or in housing markets statewide, continued higher mortgage interest rates have kept many buyers on the sidelines, as sellers face a growing pressure to adjust pricing and make concessions to get deals completed, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis...

A Letter From Your CAR Leadership Team

CAR Membership, In the face of recent allegations involving the National Association of REALTORS® and the resignation of the 2023 NAR President, we acknowledge and understand that as an industry, we’re at the precipice of challenging times. As Colorado REALTORS® who proudly wear the REALTOR® R and work tirelessly for your communities, your clients, and your industry, you have concerns and...

Housing markets mellow with weakening prices and softening demand

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Temperatures ran hotter in July, but the housing market did not follow suit thanks to the continuation of elevated interest rates and a lighter inventory of active listings as more and more would-be sellers choose to sit on their low interest rate mortgages rather than move, according to the latest Market Trends Housing Report and analysis from...

REALTORS® See Increase in Seller Impersonation Scams

See Seller Impersonation Fraud Red Flags and Best Practices Federal law enforcement has seen an increase in real estate fraud involving vacant property, according to a joint advisory issued by the U.S. Secret Service and CertifID. CertifID Chairman Thomas Cronkright explained the scheme: a scammer looks up ownership records of a vacant property online, and pose as that property’s owner to hire a...

Fast-paced spring housing market never arrived; Smaller pool of buyers starting to have a little more ‘fun’

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – The typical fast-paced spring housing market just never materialized as higher interest rates and a less than eager group of potential sellers kept transactions limited and prices steady, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Despite the ongoing challenges, a smaller pool of buyers began to have ‘a...

Concert tickets or homes – the search is demanding, inventory limited, and prices are ticking up

For buyers and sellers, the trick is being ‘just right’ https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – If you thought finding tickets to Taylor Swift’s upcoming Denver concerts was a challenge, the search for homes in Colorado hasn’t gotten much easier either, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Despite a double-digit percentage bump in new...

Nominate a D&I Champion for CAR’s Diversity & Inclusion Awards

CAR’s Diversity and Inclusion Committee is honored to celebrate the groups and individuals who strive to make our industry more diverse and inclusive. Applications are open June 4 through August 4th, so nominate someone you know who is working to make a difference. The winners will be announced at the Inaugural Dinner at the 2023 Fall Forum. Awards are separated into...