“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...
The Colorado State Forest Service announced today it is accepting grant proposals for the Forest Restoration and Wildfire Risk Mitigation (FRWRM) Grant Program from HOAs, community groups, local governments, fire protection districts, utilities and nonprofit organizations seeking funding to address forest issues and reduce wildfire risk and destruction to lives, property, and water. Due to the recent passage and signing...
“In years past, they wanted to be closer to the city core, but that’s not what they’re wanting now,” said REALTOR® Sunny Banka. “Now they want space. They want space for their computer, their office and for their kids to do schoolwork.” Read the full Aurora Sentinel article. ...
On April 11, 1968, President Lyndon B. Johnson signed into law the Fair Housing Act of 1968. Passed with bipartisan support in Congress, it was enacted to prohibit the sale, rental, and financing of housing based on race, religion, national origin, or sex. The Act expanded equal housing to all. President Lyndon Johnson signing the Fair Housing Act, 1968. Courtesy of Library of...
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...
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 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...
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...