Colorado Association of REALTORS | Residential Housing
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Residential Housing

KUNC: After a Slow Spring, Northern Colorado Sees Surge in Home Sales

Home sales in northern Colorado took off in June after the easing of coronavirus-related restrictions on the real estate market, with homes in Fort Collins, Loveland, and Greeley selling at a record pace. “The buyers didn’t go away (earlier this year),” Fort Collins-area REALTOR® Chris Hardy told KUNC. “They were on intermission.” However, Hardy acknowledge some homeowners have been slow...

Regional Spotlight: Denver

Denver-area REALTOR Matthew Leprino recently spoke with REI INK about Denver's booming residential real estate market despite a dip during the COVID-19 shutdown. Leprino notes that the State of Colorado classified construction as an essential business, which most likely helped cushion the slide in the market as a result of coronavirus. He also said that many buyers weren't as concerned with...

Housing Pipeline Surges Across Colorado in June Pent-Up Demand Drives Second Straight Month of Record-Setting Pending Sales

Marty Schechter for CAR 303-882-4585 cell    marty@schechterpr.com ENGLEWOOD, CO – July 10, 2020 – With pent-up demand and low inventory conditions prior to the COVID pandemic, the continued opening up of business and personal activities statewide created a surge of activity across Colorado’s housing markets resulting in new record highs for pending sales and driving the inventory of active listings to record or near record...

May Delivers “Virtual Reality Reset”

Roar of record-setting pending sales reflect the opening up of restrictions and strong demand across Colorado’s housing markets Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO – June 10, 2020 – Virtual tours, virtual open houses, sight unseen purchases, and virtual closings have helped shape a new reality for real estate transactions across the...

Home Prices Still Rising, Albeit at Slower Pace

The COVID-19 pandemic may be hitting the economy hard, bringing the highest national unemployment rate since the Great Depression, but median home prices defied the odds and jumped 3.1% year over year last week, according to realtor.com® housing data for the week ending May 23. That’s double the 1.5% annual increase for the previous week. The National Association of REALTORS® recently...

What Motivates People to Choose Where They Live?

Why do people decide to stay or leave a community? A new joint survey from the Urban Institute and the Knight Foundation seeks to find the true motivations behind Americans’ choices for places to live. The survey of more than 11,000 consumers was conducted before the COVID-19 pandemic. Here are a few highlights from their findings: Quality of life matters in people’s decisions...

CBS 4: Certain Aspects Of Colorado Housing Market Affected By Coronavirus

“In spite of the inability to show homes and the stay-at-home order, our market remains strong,” Kelly Moye, a Boulder-area REALTOR®, told CBS 4. “We’re still a little bit early right now … everything looks just peachy as if nothing happened.” “I think a lot of folks were maybe expecting a larger shift than occurred when, in fact, it wasn’t...

April’s Real Estate Pause Not Nearly as Bad As Feared; Cautious Optimism Prevails as Delayed Selling Season Kicks In

Marty Schechter for CAR 303-882-4585 cell                                                                                                     marty@schechterpr.com ENGLEWOOD, CO – May 12, 2020 – While the real estate universe paused with bated breath in April, the results of a complicated, pandemic-driven start to the typical buying and selling season weren’t nearly as bad as many in the industry feared, according to the latest monthly market data from the...

Department of Local Affairs Grants $9.5M for New Affordable Housing and Recovery-Oriented Housing, Allocates $3M in Housing Services for COVID-19 Relief

Denver, CO – April 27, 2020 – The Colorado Department of Local Affairs’ (DOLA) Division of Housing (DOH) awarded $9.5M through the Colorado State Housing Board (SHB) for affordable housing and 80 new recovery-oriented housing vouchers with $144,000 of support services in March and April, and received $3M to provide COVID-19 housing relief across Colorado. Governor Polis signed Executive Order...

Coronavirus Slows But Can’t Stop Robust Housing Market

March numbers reflect a pause to the momentum of a healthy first Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – April 10, 2020 – From a cold and snowy Colorado February to the COVID-19 pandemic in March that has impacted virtually every person and every community, the state’s residential real estate market found a way to persevere with...