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...
“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...
“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...
Above asking price trend reaches new highs as insatiable homebuyer appetite continues and sellers ask, “what’s a buyer willing to pay?”
ENGLEWOOD, CO – May
12, 2021 – Despite the first month-over-month increase in the inventory of
active listings in nearly a year, an insatiable homebuyer appetite quickly
offset those gains with increases in the number of properties under contract
and closed in April, according...
CAR's March Market Trends report was further evidence that Denver and the surrounding areas continue to be one of the hottest real estate markets in the U.S. Active listings are down 78 percent compared to the same period one year ago, resulting in a 15.6 percent price increase year over year.
The lack of homes on the market has...
“It’s like the Hunger Games,” said Kelly Moye, a Boulder-area
REALTOR®. “What happens
is in our market, in Colorado, we’ve had this extreme migration from other
places where people are moving here, but they’re not leaving.”
Read the full Boulder Daily Camera article.
...
DENVER – With a growing list
of housing affordability issues surfacing across the state, the Colorado
Association of REALTORS® (CAR) has joined forces with Habitat for Humanity of
Colorado to introduce a package of legislation designed to help improve the
state’s long-term homeownership scenario and economic growth by addressing
issues of housing affordability and access.
Working with the support of a
broad range of housing industry...
“There’s a lot of demand, and with interest rates remaining low, there’s a lot of people realizing they don’t want to stay in their existing homes,” says Robert Walkowicz, chairman of the Colorado Association of REALTORS® and an agent in Fort Collins. “A lot of people are realizing they’re going to be working from home indefinitely.”
Walkowicz...
“I think you have a bit of a perfect storm of a combination of factors that are coming together,” said Boulder-area REALTOR Kelly Moye. “Specifically California, New York, Chicago and Texas are the places where the most people are coming from. There’s just a massive move here.”
Moye said many of those relocating to Colorado are doing so...
ENGLEWOOD, CO – April
12, 2021 – Approximately 60% of Colorado homes sold during the
month of March received more than the original asking price as the frenzied
buying market continues statewide, according to the latest research from the
Colorado Association of REALTORS® (CAR) and the National Association
of REALTORS®. Together with California, Colorado topped the madness
of March list of just a handful of states...
