How will the metro area's market respond to the impending tax reform? Article from ColoradoBiz By Matthew Leprino, CAR Spokesperson When we refer to predicting what’s next for the market as having a “pulse” on it, we are referring to it being a living, breathing thing – a stubborn little creature inhaling and exhaling with seasonal aptitude and behaving in a way...
Much buzz is swirling around the proposed Tax Reform and the repercussions that will ensue if it is passed as it stands. The proposed tax reform if passed, would affect individuals who sell their home before the five year period has expired. If the house is sold prior to the five year period, the sellers would face a tax of 15%...
Recently released statewide statistics reveal that Pueblo, Colorado is active and has yet to shown signs of a typical seasonal cool down. "We continue to have a very strong seller's market because of low inventory. However, our local agents believe inventory will increase in 2018," Dave Anderson, a RE/MAX Pueblo West agent and CAR spokesperson said in a statement accompanying the...
It is with great sadness to share with you that we have lost two of our past CAR leaders in December - WR “Bob” Bray Sr. (1965 CAR President) and Richard Berger (1990 CAR President). W.R. Bray W.R. Bray passed away on Friday, December 1, 2017. He was 90. He was the Chairman of the Board of Bray Realty until about four...
ENGLEWOOD, Colo. – Dec. 12, 2017 – With a significant decline in new listings and active listings continuing to define a low inventory market across the metro area and the entire state, median home prices are holding their own, according to the latest housing report from the Colorado Association of REALTORS® (CAR). With limited new housing starts, the record low inventory...
Denver, Colorado has seen a rental price increase as the housing market has sky rocketed for that area. Matthew Leprino, a CAR spokesperson spoke with Denver 7 to offer his advice for those looking for affordable rentals near Denver. Rental prices are reliant on the median home price for the area of the rental property, "Adams County is one of the more...
Home sweet, expensive home: The hot Colorado housing market With an influx of people and not enough houses to go around, home prices are at a high, making a competitive market for buyers. “I'm seeing that that market is actually kind of on fire right now,” Colorado Association of Realtors spokesperson, Kelly Moye said. Moye has been watching Colorado become a true...
Much like the rest of the state Westminster, Colorado has seen a jump in its real estate with the median home price increasing from $345,750 in 2016 to $350.00 currently. This boost is expected to only increase as Westminster has become an affordable option for those looking to settle in between Boulder and Denver. A consequence of this fast-growing housing...
Pueblo Colorado, a hidden gem where those wishing to retire are flocking to live. There are many factors to consider when planning your retirement. The two most important include low-cost and desirability. Pueblo Colorado has both of these qualities with the beautiful Rocky Mountain backdrop and it's ability to stretch your dollar farther than the major bustling cities can. Dave Anderson, a real...
Kelly Moye, a CAR spokesperson and a real estate broker at RE/MAX Alliance in Bloomfield, Colo. spoke with National Mortgage News about her views on the impact of the legalization of marijuana on the real estate market. According to Kelly Moye, "we can see that it has absolutely affected our market". Data shows that the legalization of marijuana initially affected the...