Posted on
February 13, 2023
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/
ENGLEWOOD, CO – Both home buyers and sellers continue to feel the effects of the Federal Reserve’s interest rate hikes designed to help curb inflation and slow the market, according to the January 2023 Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Housing prices across the seven-county Denver-metro area and state continued to fall slightly...
Posted on
January 31, 2023
Nationally, pending home sales increased for the first time in six months, and new home sales and mortgage applications are rising.
New housing data offers hope that the market slowdown may be short lived. Nationally, pending home sales rose 2.5% in December, ending a six-month slide, the National Association of REALTORS® reported last week. New-home sales also rose 2.3% last month,...
Posted on
January 12, 2023
A long-term, frenzied housing market shifts in second half of 2022
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/
ENGLEWOOD, CO – The robust, fast-paced real estate market that has dominated Colorado for the past several years and into the first half of 2022 changed significantly in the second half of the year and was punctuated by a December freeze that saw new listings fall to all-time lows statewide,...
Posted on
January 3, 2023
Fewer than 170 building permits have been issued for 1,084 burned homes. Empty lots are sitting on the market.
A year after the Marshall fire, just one home has been rebuilt. Other homeowners got a jump on the permitting and building process are on track for July or August move-in dates. Fewer than 170 permits had been issued by the cities of...
Posted on
December 20, 2022
Congratulations to Terry McCabe, a longtime Four Corners REALTOR®! On December 13, Cortez Mayor Rachel Medina presented Terry with a Proclamation of Gratitude and Appreciation from the Cortez City Council for her commitment to leading the volunteer effort that puts on the Four Corners Board of REALTORS® Christmas Parade of Lights. Terry has hosted, produced, and organized the Cortez event...
Posted on
December 13, 2022
The typical seasonal slowdown is being fueled by some interest rate uncertainty, as well as speculation and hope for what spring 2023 may offer to patient buyers. While there is still a sound and growing number of opportunities for buyers, the activity and pace of eager buyers and sellers have taken a much-needed break.
The slowdown can be seen across multitude...
Posted on
December 12, 2022
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/
ENGLEWOOD, CO – Although increases in inventory are helping to restock what were nearly empty cupboards across the Denver metro and statewide housing markets over the past few years, the typical year-end housing slowdown is being fueled by some interest rate uncertainty, as well as speculation and hope for what spring 2023 may offer to patient buyers, according to the...
Posted on
November 22, 2022
REALTORS® from the northernmost Colorado counties are still seeing the same number of listings despite other areas of the state, according to October’s Market Trends reports.
Statewide, the number of new listings dropped 20% from September to October 2022.
There is a different story to tell in Morgan County. The number of days on the market is taking longer, however, the average...
Posted on
November 15, 2022
Realtors with big hearts helping veterans one room full of furniture at a time
Congratulations to CAR Past President and longtime Colorado REALTOR® Scott Matthias for being recognized as a Denver7 Everyday Hero for his work with Knock Knock Angels, a nonprofit dedicated to sourcing donations for those who have gone through abuse, homelessness, or other instability.
Scott helped found the Colorado...
Posted on
November 15, 2022
Overall, CAR’s October 2022 Market Trends report shows more homes on the market—along with a longer amount of time on the market. There were 5,670 homes sold across the state, which is down 17% from September 2022. The median sale prices have decreased by 2% since September, and are listed at $550,000
“Despite higher home mortgage rates, home buyers now have...
