Hiring an inspector can bring an interesting dynamic to the home buying process, as it is the only profession in the real estate transaction that does not require any credentials or licensing. Only an estimated 25% of inspectors carry insurance and even fewer have been subjected to a background check. With home inspectors having unlimited access to your client’s home,...
Home sales totaled 1,592 in July, a 3.3 percent drop from the same month last year, says the latest report by the Pikes Peak Association of REALTORS®. Monthly home sales haven’t increased on a year-over-year basis since February. Through the first seven months of 2018, home sales totaled 9,296, a slight, 0.1 percent gain over the same period last year, the...
In a big win for REALTORS®, the National Flood Insurance Program will continue renewing or issuing new insurance for four more months under legislation overwhelmingly by the U.S. Senate today. The bill, which cleared the House last week, is expected to be signed into law before midnight tonight, when the program expires. "We applaud lawmakers for taking this needed action to...
Lawrence Yun spoke recently to more than 100 industry professionals from the Pueblo, Pikes Peak, Royal Gorge and Central Colorado Associations of REALTORS®. He talked about housing, for sure, but also favorably about Pueblo's job growth, which he described as improving at a healthy rate, on par with the United States average. Yun noted that the median price for Pueblo area...
Indeed, Denver's popularity is reflected in the ever-increasing cost and competitiveness of buying a home in the metro area BY MATTHEW LEPRINO There are only so many Top 10 lists those of us who adore our city can read. I find myself silently saying “Tell me something I don’t know,” whenever I read one. Sure, Denver is, one of the best place to live in...
FOR IMMEDIATE RELEASE Summer slowdown or shift in the housing market? https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, Colo. – July 12, 2018 – With median and average sales prices continuing to rise due to ongoing inventory issues, other key measurements of the housing market have buyers, sellers and REALTORS® asking the same seasonal question; is this the typical summer slowdown or are we seeing a shift in...
Frustrated by high housing costs in Fort Collins and Larimer County? You're in good company. According to the Colorado Association of REALTORS®, homes listed in Larimer County this year have sold for a median $405,000 this year, making the county the 16th-most expensive of Colorado's 64 counties in which to buy a home. Through May, 2,045 homes were sold in Larimer County, a 9 percent...
Last night, the Aurora City Council selected Bob LeGare, longtime REALTOR® and member of the Aurora Association of REALTORS®, to be the city’s new mayor. LeGare will serve through the remainder of Hogan's four-year term, which ends in December 2019. Bob has been a REALTOR® since 1983 and has lived in Aurora for 43 years. He has served on numerous boards and committees for...
By Kelcey McClung – Reporter, Denver Business Journal May saw both a slight bump in inventory and a minute decline in median price of homes for sale in Denver, according to the Colorado Association of REALTORS®. Both the median and average price of a single-family residence in the seven-county metro area dipped less than one percent from April to May – $435,000 and $515,204,...
Posted by Marty Schechter on June 16, 2018 The Merry Month of May delivered strong seasonal increases in new listings for single-family residences and condos in both the seven-county Denver metro area and the state. However, home buyers continue to face the same scenario that has dominated the state’s housing markets throughout the past year. Strong sales and record-high median pricing of both single-family homes...