Colorado Association of REALTORS | Residential Housing
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Residential Housing

Sellers Entrenched in Driver’s Seat as Scarce Housing Inventory Pushes Offers, Concessions and Median Prices to All-Time Highs Statewide

Buyers required to have patience, persistence, grit…and cash ENGLEWOOD, CO – March 10, 2021 – Colorado home sellers remain firmly entrenched in the driver’s seat as the inventory of homes available for purchase dropped to all-time lows across the Denver metro area and state, according to the February 2021 housing data from the Colorado Association of REALTORS® (CAR). At the same...

Colorado Sun: In Colorado’s Uneven Coronavirus Economic Recovery, Some Thrive While Others Can’t Make Ends Meet

The pandemic has devastated some Coloradans, leaving them unable to pay rent after losing their jobs. For others, the past year has been a time for them to upgrade to a larger house or move out of that apartment and into a condo. The result has been a red hot housing market that is only limited by the available inventory. “The...

Fox 31: How Much Will a Second-Home Cost You in Colorado’s Mountain Towns?

Fox 31 spoke to Boulder-area REALTOR Kelly Moye about the lack of housing inventory and the increasing popularity of second-home purchases in Colorado's mountain towns. “The second home market really, really went crazy because of the pandemic,” Moye said. “When our market wasn’t quite as brisk as it is now, a lot of people sold their second homes because they...

Facebook Live Webinar on Feb. 23: A Call to End the Destruction of Communities by Wildfire in 30 Years

Over the past decade, the U.S. has witnessed a steady increase in wildfire activity. Experts predict this trend will remain. Despite the $2 to $3 billion per year to support wildland fire suppression efforts, the number of homes lost in wildfires per year has increased by 163 percent and wildfires now cost the U.S. an estimated $63 to $285 billion...

HUD Extends Housing Protections to LGBTQ Americans

The National Association of REALTORS® applauded an announcement Thursday by the Department of Housing and Urban Development that the agency will enforce the Fair Housing Act to prohibit discrimination based on sexual orientation and gender identity. HUD’s move effectively expands civil rights protections to LGBTQ Americans seeking housing and housing-related services. The decision follows an executive order from the Biden...

Staggeringly Low Housing Inventory Across Colorado

Tom Brady has more than 2X as many Super Bowl rings as there are houses for sale in southeast Boulder County ENGLEWOOD, CO – Feb. 10, 2021 – While early February spotlights Groundhog Day and the annual prediction of spring’s arrival, the Colorado housing market just keeps reliving its long-term storyline of low inventory and high demand with no predictable change...

Exurbs Across US See Increased Growth; Douglas County Ranks #1

The exurbs have reportedly been adding more residents during the COVID-19 pandemic. So where exactly did these Americans go? Exurbs refer to communities beyond traditional suburban areas that are closer to large metros. Exurbs tend to have a low housing density and offer a more rural style of living. CapRelo, a global mobility firm specializing in U.S. relocation, identified which exurbs are...

Fox 31: Median Home Price in Denver Tops $600K in January 2021

“We have 2,500 units for sale. So condos, townhomes or single family — throughout the entire Front Range — the whole Front Range, that’s it! To give you a feel, we would typically have 14,000 units for sale,” said Boulder-area REALTOR® Kelly Moye. “In Denver, it’s hovering around $600,000. So it’s getting up there. And we saw an appreciation of 9%...