“We have 2,500 units for sale. So condos, townhomes or single family — throughout the entire Front Range — the whole Front Range, that’s it! To give you a feel, we would typically have 14,000 units for sale,” said Boulder-area REALTOR® Kelly Moye. “In Denver, it’s hovering around $600,000. So it’s getting up there. And we saw an appreciation of 9%...
A combination of historically low interest rates coupled with homebuyers' desire for more space and ability to work remote in the age of COVID have resulted in an unprecedented market in every corner of Colorado. “2020 will go down as the most unpredictable year many of us have ever experienced,” said Colorado Springs-area REALTOR® Patrick Muldoon. Fort Collins REALTOR®...
ENGLEWOOD, CO – Jan. 13, 2021 – While coronavirus delivered devastating effects on our personal and professionals lives throughout 2020, the oldest laws of supply and demand carried Colorado’s housing market through health-focused restrictions, as well as changing residential and work wants and needs. Coupled with historically low interest rates, the combination of circumstances delivered record-setting results in most measurable...
“There’s not enough inventory,” said Denver-area REALTOR® Matthew Leprino. That's how he described the hot real estate market in the Denver area in which November 2020 had a 0.8-month supply of homes for sale—the first time in recent memory when the market’s supply had fallen below a single month’s worth. Read the full Denver Post article. ...
“With winter on the horizon and temps falling, Larimer County’s real estate market remains hot,” said Estes Park-area REALTOR® Abbey Pontius. “COVID undoubtedly has put a crimp on the ease of showings, open houses, daily field work, and how we can close transactions, but these are just small speed bumps in the big picture. As we spend more time in...
The coronavirus hasn't dampened the sale of homes on Colorado's mountain communities. Sales in Telluride and Mountain Pass will likely pass $1 billion. Telluride REALTOR George Harvey said, "It's Biblical." “I was just on a 30-broker Zoom meeting this morning. All from Telluride. And we all said this: We are going to do less business in the next one to two years....
The Road to Recovery, a project developed by the Colorado Business Roundtable and Common Sense Institute, brings together dozens Colorado leaders from a wide range of industries and backgrounds to develop recommendations for getting Colorado back to work. “While COVID-19 has brought unprecedented challenges in terms of health and safety for Coloradans and the business community, the disruption has brought an opportunity to rethink...
Colorado Association of REALTORS® honors Kate Kelley as Young Professional of the Year Kate Kelley, broker at WK Real Estate in Boulder, Colo., was recently awarded the “Gus Williams Colorado Young Professional network REALTOR® of the Year” during the Colorado Association of REALTORS® (CAR) 2020 Virtual Fall Forum. This award honors an individual who exemplifies leadership and has a strong commitment to the Young Professional network, as well as raising...
The Colorado Association of REALTORS'® new leadership council has officially assumed their new roles as of December 1, 2020. 2021 CAR Chair Robert Walkowicz CAR's 2021 Chair, Robert Walkowicz, Broker Associate/Partner with the Group in Fort Collins, has extensive experience with the Colorado Association of REALTORS® dating back to 1994. In his new position, Walkowicz will serve...
“Our market is one fire,” Boulder-area REALTOR Kelly Moye told Fox 31. “But if you look at other areas of the state, like Telluride for example, prices have gone up 80% this year. And their sales are up 111%. So what it’s showing you is, people, if they’re working from home and schooling from home, they want to go where they want...