NAR analyzed employment gains, population trends, income levels and housing conditions in the largest 100 metropolitan statistical areas across the country to identify the most popular areas for millennials. The top 10 metro areas were selected because of their high share of both present millennial residents and recent movers, as well as their favorable employment opportunities.
Denver has already a large number...
Housing markets around the state are beginning to cool down, and Boulder County is no exception, according to the latest monthly market statistical report from the Colorado Association of REALTORS®.
“In Boulder County, it appears the days of the seller’s market are over,” the report stated.“Buyers rejoice … prices seem reasonable and the bidding war days seem like a distant memory.”...
Following record-setting May, opportunities
expand for buyers as appreciation cools and inventory improves
ENGLEWOOD, CO. – July 11, 2019 – After reaching record highs for median
pricing and new listings across the Denver metro region and state housing
markets in May, a slight cooling in June - similar to what has happened in June
the past two years - helped create a few more opportunities...
Lakewood residents voted for a measure aimed at limiting development Tuesday. Ballot question 200 was approved by approximately 53 percent of voters, with the remainder voting against it.
The ordinance seeks to limit development in the city by capping new housing projects at 1 percent of the city's current housing stock.
"As REALTORS®, it’s our job to ensure housing remains as attainable as...
Although household growth is returning to a more normal pace, our new State of the Nation's Housing report shows that housing production still falls short of what is needed, which is keeping pressure on house prices and rents and eroding affordability. While demographic trends alone should support a vibrant housing market over the coming decade, realizing this potential depends heavily...
The housing market looks a lot different today than it did a couple generations ago.
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Faced with financial challenges, it's little wonder that millennials are buying different types of homes and in different types of locations than their parents did. And they are buying under different circumstances, too, often waiting longer, buying before marriage, or living with their parents to save cash so...
WASHINGTON (June 19, 2019) – The latest consumer findings from a National Association of REALTORS® survey reveal that many more Americans believe that now is a good time to sell a home.
The second quarter of 2019 saw a jump in optimism in selling, as 46% strongly held that belief, up from 37% in the first quarter.
NAR's chief economist Lawrence Yun...
FOR IMMEDIATE RELEASE
Contact: Marty Schechter
for CAR
303-882-4585 cell
marty@schechterpr.com
Demand devours inventory despite record number of new listings
Record number of new listings across state can’t correct housing inventory and affordability challenges as prices continue climb
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/
ENGLEWOOD, CO. – June 12, 2019 – Despite a record number of new single-family (12,962) and condo/townhome (3,768) listings hitting the Colorado housing market in a record cold May,...
A lack of affordable housing doesn’t just bedevil Telluride, it challenges communities across the state, so much so that last October a bipartisan group of state senators and representatives sat down with diverse stakeholders ranging from the Colorado Association of REALTORS® to Habitat for Humanity to Ski Country USA, plus local government representatives, to examine the issue.
Town of Telluride Program...
Raising enough cash for a down payment is often the biggest hurdle for homebuyers.
According to some estimates, it can take up to 15 years for people to save towards the purchase of a home, especially with conventional mortgages, which require anywhere between 5 to 20 percent down. If you’re trying to buy a $400,000 house, that could equate to $80,000 in cash you...
