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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...