Colorado Association of REALTORS | Residential Housing
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Residential Housing

Denver Post: Colorado’s affordable-housing shortfall needs a crisis response, study urges

But addressing the shortfall will require unprecedented actions and intense coordination among the public, private and nonprofit sectors, a new white paper the Common Sense Institute released on Friday argues. “We have to act with a sense of urgency. If we don’t act now the decisions will get harder,” said Peter LiFari, executive director of Maker Housing Partners, who co-authored a housing development...

Summit Daily: Summit County’s real estate boom shows no signs of slowing down

“I think that everyone wants to say there’s no inventory and everyone is fighting for the same listings, but the fact is that we’re selling more properties than we have in the last…(two years),” said Dana Cottrell, real estate broker for Summit Resort Group and past president of Summit REALTORS®. Read more at the Summit Daily. ...

Colorado State Capitol. Capitol Building in Denver Colorado USA.

Legislation Unlocking the Doors to Homeownership Crosses the Finish Line

There is a lot to celebrate this year as CAR honors our 100 years of service to Colorado consumers and looks ahead at how to serve our clients and communities in the century ahead. Over the past several months, CAR and Habitat for Humanity worked to push forward four legislative solutions aimed at helping improve homeownership opportunities for all Coloradans....

Developers working on affordable housing in Colorado’s mountains – Offer suggestions for pending wave of funding

The unprecedented housing crisis in Colorado will soon see an equally extraordinary flood of cash. In Colorado's high country, where affordable housing is a decades-long issue that exploded into a catastrophe last year, an army of developers on the front lines of a complex campaign to build workforce housing are ready to help guide the sudden influx of funding. Once the...

Denver Post: Buyer burnout a big concern in metro Denver’s heated housing market

The highly competitive market is forcing agents and buyers alike to get creative in their approach, which is introducing new strategies, said Kelly Moye a REALTOR® , who heads The Kelly Moye Team at Compass Real Estate in Broomfield and is representing the Paynes. For example, some buyers try to force their offers to the top of the stack by putting a...

The Colorado Sun: As Colorado’s older homeowners consider moving, a hot housing market often keeps them stuck where they are

Equity in their current homes doesn’t buy what it used to, so some figure the prudent move is to adapt what they have. That makes the market even tighter. For many older adult homeowners, the idea of downsizing or simply moving to a home where the design and layout — plus accompanying financial considerations — makes more sense has run up...

Fort Collins, Greeley, Loveland/Berthoud and Longmont REALTORS® Commission Study on Metro Districts

Metro District Impacts on Housing Costs for Home Buyers1 The Study: The Fort Collins Board of REALTORS®, the Greeley Area REALTOR® Association, the Longmont Association of REALTORS® and the Loveland-Berthoud Association of REALTORS® commissioned Anderson Economic Group (AEG) to analyze how purchasing a home in a metro district impacts homebuyers in order to better educate our members and their clients. To our knowledge, this study is the first of...

Denver Business Journal: What Homebuyers Are Up Against in the Denver Market Despite Inventory Boost

“Long ago, the ‘love letter’ was the way to romance a seller into accepting your offer – no more,” said Denver-area REALTOR® Matthew Leprino. “Today, the love letter comes in the form of a larger overall check and, in most cases, paying significantly more than a house may be worth at that snapshot in time. We [REALTORS®] have and hopefully will always continue...

Pueblo Chieftain: Pueblo’s Residential Real Estate Market Is a ‘Nightmare’ For Those Looking to Buy

“What’s surprising is when listings are coming on the market, they are being sold immediately, usually within a week. So they are not sticking around long and all our inventory is listed under ‘pending,’” said Pueblo-area REALTOR® David Anderson. "With just 192 active listings in April, we are down more than 50% when compared to April 2020. Since we are sitting on...