Residential Housing Archives - Page 7 of 32 - Colorado Association of REALTORS
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Residential Housing

Person cooking with text: Equity, Innovation, Access.

CAR Joins Coloradans for Energy Access

The Colorado Association of REALTORS® announced their participation in the Coloradans for Energy Access, which is a coalition to support the use of affordable, cleaner-burning natural gas in homes and businesses. Colorado is considering prohibiting consumers from using natural gas use and opting for electricity, which is considered environmentally friendly. CAR CEO Tyrone Adams joins other business leaders in advocating...

Aerial view of suburban neighborhood and mountains.

Fort Collins Prices See 17.4% Jump in 2021; Higher Interest Could Quell Demand

Despite the historic jump in prices seen in 2021, the dizzying pace at which homes are selling for over the asking price with multiple offers in a short time frame could lessen if the interest rates go up. “An uptick is probably good for the market to quell rampant appreciation," said CAR spokesperson Chris Hardy. "But for some folks it...

Snowy mountain with ski slopes and town.

Aspen Board of REALTORS® Files Suit Against City of Aspen for Emergency Rule That Places Moratorium on Residential Development and Short-Term Rental Licenses

The Aspen Board of REALTORS® (ABOR) has filed suit against the City of Aspen and each member of the Aspen City Council in response to an Aspen City Council emergency ordinance adopted on December 8 that put a hold on residential development and short-term rental licenses. ABOR’s complaint argues that the City Council did not follow due process and deprived public involvement, violating Aspen’s home-rule charter...

Colorado flag hearts, support Boulder County message.

Support Boulder County Wildfire Victims

CAR Family – Although the Marshall and Middle Fork fires continue to burn across Boulder County and the surrounding communities, our leadership team has been working with local association leaders and your CAR Foundation to take some initial steps in support of the thousands of wildfire victims. Beginning immediately, you can make financial contributions to the CAR Foundation using the link below. This is...

Snowy suburban landscape with houses and trees.

Report: Urban Affordable & Free Housing Found in Unexpected Places

Urban areas of Denver and Aurora are getting creative in funding and finding affordable housing. Denver’s City Council approved a rezoning effort along East Colfax to allow for Accessory Dwelling Units “ADU”, sometimes called, “Granny Flats.” This rezoning change allows property owners to use their garages, attics, or even new builds to rent, without having to seek the city’s permission first. East Colfax now has...

Snowy suburban neighborhood with houses and trees.

Million-Dollar Homes in Colorado Not What They Used to Be

There are more million-dollar homes on the market all over Colorado than there were just a few years ago, and some are small or need improvements. “There are homes out there that need a lot of work that are a million, too, and they’re priced appropriately,” said CAR spokesperson Kelly Moye. “So, it’s interesting to see how our market has joined San Francisco, New York,...

Field fire with large smoke cloud.

New Aspects of Wildfires Endanger Housing; REALTORS® Can Help

The saga to build much-needed housing inventory in our mountain communities continues with some new challenges. According to a report from Community Wildfire Planning Center, the number of units built in the wildland-urban interface in Colorado increased 74% since 2010. This also includes an acreage increase of 300% from 2010-2030. Some mountain towns that are unable to sustain these increases are turning down development due...

House with sold sign in front yard.

Home Price Increases Predicted to Slow

Homebuyers can look forward to slower price increases on home sales this year, according to Realtor.com’s 2022 housing forecast. Buyers can also expect the same “lively” market pace as 2021. Among the report’s predictions, some of Colorado’s largest markets are expected to make big gains both in the number of sales and price increases. Colorado Springs sales are expected to...

Snowy suburban landscape with houses and trees.

Congresses’ Opportunity Zones Doubled Median Home Prices

Adams County, Colorado, and nine other cities across the country benefitted from the establishment of Opportunity Zones, which were created by the Tax Cuts and Jobs Act of 2017. Congress enacted these laws to help revitalize low-income areas and give investors significant tax breaks to invest in properties in these cities. Adams County’s median price rose to $429,000 in 2021, which was up from $222,500...