Despite a 39 percent increase in new listings in March, inventory issues continue to dominate housing discussions statewide as Denver Metro Area sees new price records ENGLEWOOD, Colo. – April 11, 2018 – With signs of new life popping up across the Centennial state, many REALTORS® find themselves wishing they’d see available inventory pop up again as they continue facing record-low...
Market conditions result in record high median pricing levels in both Denver metro area and state as low inventory dominates housing discussion. ENGLEWOOD, Colo. - March 12, 2018 - While housing hope springs eternal, inventory statistics across the state paint a different picture and have resulted in numerous record-high median pricing levels in Denver and across the state, according to the...
Its active inventory is By Matthew Leprino It seems you can’t open a social media app or tune into local news without hearing about the lack of options for homebuyers these days. Denver is facing big city problems as it continues to grow into that role. Along with pressure on developers to turn over quality products – and quickly – the prices, oh,...
Colorado is currently in the running of the 20 finalist cities that could become the new home for Amazon HQ2 second headquarters. While there is excitement about this potential opportunity there is also concern. Colorado's housing market is already strained and if Amazon chooses Colorado the strain could worsen. Kelly Moye a Colorado Association of REALTORS spokesperson had this to...
By Matthew Leprino It seems you can’t open your social media app or tune in to the local news without hearing about the lack of options for homebuyers these days. Denver is facing big city problems while it continues to grow into that role. Along with increased pressure on developers to turn over a quality product - and fast at that -...
Four Democratic and three Republicans hoping to succeed term-limited Democratic Gov. John Hickenlooper spoke at a Gubernatorial Forum held by the Colorado Association of REALTORS at REALTOR Day at the Capitol. The discussions came as housing needs continue to out-pace new housing supplies, leaving home prices soaring and an estimated 25 percent of Coloradans spending 50 percent or more of their income...
The Colorado Association of REALTORS® sought to get the word out about the dangers of ballot initiative No. 66 and successfully did so at their annual Economic Summit on February 7, 2018. Initiative No. 66 is currently being reviewed by the Supreme Court and could be on the ballot this November. This initiative seeks to cap new housing construction to 1%...
“This will bring our economy to a halt. You don’t bring affordability to a market by reducing supply,” Scott Thorson, the Chief Operating Officer at Oakwood Homes, said at the Colorado Association of REALTORS®’ Economic Summit on Wednesday in Denver. Ballot initiative No. 66, which is awaiting a review from the Colorado Supreme Court, would limit permits for homes and apartments...
"It's a sellers market" will be a phrase we will continue to hear throughout Colorado as a state. Garfield County recently received year-end reports from the Colorado Association of REALTORS market trends and statistics report distributed by the Glenwood Springs Association of REALTORS. Year-end reports showed new listings increased 1.5% for single-family homes with an increase of median home sales...
The passing of the construction-defect bill was a big win for Colorado and the housing market. A big win indeed, but challenges still remain. Some of these challenges include high insurance premiums from the previous years of lawsuits related with condominium builds. These continued challenges have large builders still weary to begin projects in the state. This leaves small local builders...