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

Southwest Denver Homes Flipping at a Fast Pace

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...

wooden house and dollars with the inscription "for sale". sale of property, home. affordable housing. sale of apartments. real estate agent services. realtor

Ups and Downs in Garfield County Market

“If you want to sell your house, it’s still a great market to do that. It’s still a seller’s market,” said Erin Bassett, CAR Spokesperson from the Glenwood Springs Association of REALTORS®. However, the Garfield County real estate market is riding the real estate roller coaster. When looking at CAR Market Trends over the last three months, the county’s single-family...

Metro Area Inventory Up 50%, Prices Stay Firm

The metro area experienced a 50% increase in active listings and a 72% increase in single-family home inventory for July 2021. There was a slight decrease in the median sale price to $723,750 in July 2022 from June 2022, which was $750,000. "Before you read that last number and wonder if that means prices are decreasing, the answer is a resounding...

Swift Market Changes Make for Statewide Surprises

From June to July 22, the number of single-family homes is up by 10% and for condos, that number is 11%. “It is like we had a really hot summer day and a few days later, a blizzard,” said CAR Spokesperson and Colorado Springs REALTOR® Patrick Muldoon. “One weekend we were watching buyers toss everything they could at a house...

Market Takes ‘Huge, Deep Breath’

As of July 2022, the metro area has a 1.3 -month supply of single-family homes for sale, which has increased from the .3 months of supply available in February. CAR Spokesperson Matthew Leprino says, “Things have leveled out. Things have calmed down. The best analogy I can give you is that the market just took a huge, deep breath. It’s...

2023 Chair-Elect Jason Witt Touts ‘Who We R®’

Cortez REALTOR® and 2023 CAR Chair-Elect Jason Witt (who will serve as CAR Chair in 2024) noted some interesting facts about his community and the role of REALTORS® in their own communities, as well as his role as an incoming leader for the Association. Witt says REALTORS® can play an important role in building health and sustainable communities, and he hopes...

FORT COLLINS, CO, USA - MAY 20, 2016: Aerial view of typical residential neighborhood along Front Range of Rocky Mountains in Colorado in springtime

Northern Colorado Market Halts and Starts Again

Many factors are at play in what CAR spokesperson Chris Hardy says is a boom-start-boom market. Consumer’s competing offers in March and April were followed by a housing market break and family vacations in June. CAR’s Market Trends report for June shows a different story than what REALTORS® are seeing in the field. In 2021, there was only two weeks’...

House for sale with an up close view of the "for sale" sign"

Up, Down & Sideways in the Real Estate Market

Since the real estate market has cooled just a bit in June, as reported by CAR’s Market Trends, REALTORS® are left to prognosticate about the future of the market. “The analogy that really conveys to us what’s happening is just that we’ve hit the summit,” said CAR Spokesperson Matthew Leprino. “We’ve climbed to the top of the mountain and we’re...

Statewide and Local Housing Data Shows Jump Up in Housing Inventory Numbers

The number of single-family homes and condo townhomes for sale increased 44% from May to June 2022, but median home sale prices are up more than 10% both locally and statewide.  REALTORS® around the Denver-metro area provide some reasons why and explain how buyers are adapting to a new real estate market. “As fears of inflationary pressures reach households through the...