Colorado Association of REALTORS | Residential Housing

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Residential Housing

A wildfire burns in a fir and aspen forest.

Wildfires in Colorado: The Overwhelming Effects and Costs and How REALTORS® Aim to Help

Posted on August 8, 2018

Communities, Consumer Awareness, Environment, REALTOR® News, Residential Housing

Across the country, wildfires have caused devastation and distress for years. In addition to the destruction they bring upon communities, fires can cost millions in restoration over the course of many years. Headwaters Economics recently published a report that analyzed the cost of several fires across the country. The report looked at 8 major wildfires in four states through 2016, including...

Someone's hand placing clouds over a paper house that was built.

Health of the Real Estate Economy

Posted on July 31, 2018

Communities, Consumer Awareness, NAR, REALTOR® News, Residential Housing

You may have seen recent articles warning of “ominous signs for the U.S. housing market.” One article states that, “recent housing starts data were extremely weak for the month of June, raising alarm about housing.” Another headline announces that the, “Housing Market Looks Headed for Its Worst Slowdown in Years.” NAR’s Chief Economist, Lawrence Yun, says that despite the headlines, “Home price growth...

Cathedral Spires, Three Graces and Sleeping Giant rocks in Garden of the Gods, with Cheyenne Mountain in the background. Colorado Springs, Colorado

Colorado Springs Named 2nd Best Place to Live in US; Denver Ranked 3rd

Posted on July 31, 2018

Communities, Consumer Awareness, REALTOR® News, Residential Housing

DENVER – Colorado’s two biggest metro areas are also some of the best places in the country in which to live, according to a new report. U.S. News said it used a variety of government agencies and other data sources to determine things like quality of life, cost of living, the strength of the job market, desirability and migration rates. 1. Austin,...

Home on a summer day with a bright blue sky.

Economist Upbeat About Pueblo’s Housing Market

Posted on July 24, 2018

Communities, Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing, Stats & Trends

Lawrence Yun spoke recently to more than 100 industry professionals from the Pueblo, Pikes Peak, Royal Gorge and Central Colorado Associations of REALTORS®. He talked about housing, for sure, but also favorably about Pueblo's job growth, which he described as improving at a healthy rate, on par with the United States average. Yun noted that the median price for Pueblo area...

Photo of a home with beautiful green grass on a summer day.

Summer Heat: Denver Residential Real Estate Market Stays Hot

Posted on July 24, 2018

Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, Residential Housing

Scant inventory is keeping the Denver residential real estate market red hot. Denver homes continue to sell extremely quickly and there are a lot fewer homes for sale now compared with a year ago. That low supply means higher prices. According to the Colorado REALTORS® Association, the median home price in the Denver metro area is $440,000, significantly more than the nationwide metro median...

Summer slowdown or shift in the housing market?

Posted on July 12, 2018

Communities, Consumer Awareness, Local Association, Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing, Uncategorized

FOR IMMEDIATE RELEASE Summer slowdown or shift in the housing market? https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, Colo. – July 12, 2018 – With median and average sales prices continuing to rise due to ongoing inventory issues, other key measurements of the housing market have buyers, sellers and REALTORS® asking the same seasonal question; is this the typical summer slowdown or are we seeing a shift in...

Model house standing on tables and graph

Priced out: Fort Collins home sales slow as prices soar beyond $400,000

Posted on July 12, 2018

Communities, Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing

Frustrated by high housing costs in Fort Collins and Larimer County? You're in good company. According to the Colorado Association of REALTORS®, homes listed in Larimer County this year have sold for a median $405,000 this year, making the county the 16th-most expensive of Colorado's 64 counties in which to buy a home. Through May, 2,045 homes were sold in Larimer County, a 9 percent...

416 Fire in Durango: How to Help, Update from DAAR, How to Receive Assistance

Posted on June 14, 2018

Communities, Community Giving, Consumer Awareness, Environment, Local Association, NAR, REALTOR® News, Residential Housing

Hello from smokey Durango, and thank you so much for your kind words, support, outreach, and concern for our precious community. We truly appreciate all the outreach. I wanted to take a moment to update you all on how Durango is holding up through this crisis and what DAAR is doing to help. It was an active week for the fire, with...

House tucked behind a beautiful white picket fence and green grass and flowers.

Economic Impact of Restricting Housing Growth to No More Than 1% in Colorado

Posted on June 13, 2018

Communities, Consumer Awareness, Government Affairs, REALTOR® News, Residential Housing

A Closer Look at the Economic and Fiscal Impacts of Initiative 66 and Why Housing Matters For the State’s Economic Future Based upon the projected household growth and recent housing development history, the 10-county front range region covering Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, El Paso, Jefferson, Larimer and Weld, is projected to add an average of around 35,000 and 43,200...

Estate agent handing over keys of new house to smiling couple.

Is Our Housing Market Changing?