Colorado Association of REALTORS | Residential Housing
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Residential Housing

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Sterling Credit Required to Purchase a Home in Boulder

Boulder, CO Median home list price: $612,550 Share of borrowers with a 649 FICO score or lower: 7.3%   On the edge of the Flatiron Mountains, Boulder boasts beautiful panoramas befitting a Coors ad. It regularly pops up on lists of the best places to live for its high quality of life, and plentiful gigs. These things just keep driving up the cost of...

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Buying? Renting? Have you checked for lead plumbing?

Sellers and landlords may not know about lead in the pipes.   There is no lead in the water that Denver Water delivers to homes and businesses. But it can enter the drinking water as the water passes through older customer service lines, which connect the house to Denver Water’s distribution pipes in the street, or lead plumbing inside the home.   Denver Water...

Opcity and Move, Inc./realtor.com

Move, Inc./realtor.com to acquire Opcity

Move, Inc./realtor.com has recently annouced their agreement to acquire Opcity, a leading market real estate technology platform that matches potential home buyers and sellers with real estate professionals in a real time setting.   This news adds to the other benefits that Move, Inc./realtor.com offers and they consider this a great investment to their partners and the real estate sphere as a...

1 million dollars-Denver

What $1 million will buy you in today’s Denver housing market

Denver's housing market is hot and everyone knows it. But how far does your dollar really go these days?   Currently there are fewer homes for sale now compared with a year ago, and that low supply means higher prices. According to the Colorado Association of REALTORS®,  the median home price in the Denver metro area was $440,000 in July, significantly more than the...

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Is Denver’s Peak Selling Season Shifting?

By Matthew Leprino   The change you’ve been waiting for is here, but it may not be the one you’ve been expecting. Since 2008 and the subsequent recovery, many have been on the edges of their seats waiting for the doom, gloom and yes, opportunity that another bust may bring. Any sign of a change would be welcome as the market and the corresponding...

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Property owners are responsible for upcoming mandatory sidewalk repairs

The goal of creating well-maintained sidewalks across Denver may soon become a headache for property owners.   Sidewalks around the city are about to undergo mandatory repairs on the property owners’ dime.   This month, a city inspector will start hunting for damaged and uneven sidewalks that need repair in Denver as part of the Neighborhood Sidewalk Repair Program. City ordinance says the cost to fix them falls on the property...

Evidence of Denver housing market slowdown; changes happening in Denver metro and statewide

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/   ENGLEWOOD, Colo. – Aug. 10, 2018 – An early peak housing season – April/May – has been met with an earlier than normal seasonal slowdown as buyer and seller behavior is changing amid the latest market conditions, according to the July 2018 statewide housing data from the Colorado Association of REALTORS® (CAR).   With enough evidence building to demonstrate a change is...

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Colorado Springs Home Sales Fall Again in July, but Experts Say Market Remains Strong

Home sales totaled 1,592 in July, a 3.3 percent drop from the same month last year, says the latest report by the Pikes Peak Association of REALTORS®. Monthly home sales haven’t increased on a year-over-year basis since February.   Through the first seven months of 2018, home sales totaled 9,296, a slight, 0.1 percent gain over the same period last year, the...

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Which City is Better: Denver or Colorado Springs?

DENVER -- Denver and Colorado Springs — are we rivals or friends? And which city is better to live in?   Several recent surveys are giving the nod to Colorado Springs.   U.S. News and World Report ranked Colorado Springs as the second-best place to live in 2018, and the most desirable city in the country. Meanwhile, Denver was ranked as the third-best place to live and...

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AC Tips and Welcome Home Coverage

  A good home appliance repair and replacement plan can save a new home buyer many headaches—and dollars—when a home appliance breaks, without breaking their wallet.  As Coloradoans head into the dog days of summer, never has this been more critical than with a home’s central air conditioning system.  However, in order to try and prevent a breakdown in the middle...