Posted on
September 1, 2021
Littleton, Aurora, Colorado Springs, and Denver ranked in
the top 10 most competitive cities for homebuying according to real estate
brokerage Redfin. Some of these cities are called “Zoom cities” after the
popular video conferencing app, which refers to the popularity of working from
home and the subsequent uptick in real estate sales.
While many cities across the nation reported some cooling
off on the amount...
Posted on
August 18, 2021
REALTOR.com reports that Colorado Springs ZIP code 80916 (on
the southeast side) is the nation’s “hottest” market for sales in the entire
nation.
The southeast side of the city outranks ZIP codes in
Rochester, NY, and Boston, Mass. According to CAR’s July
Market Trends Report, the median home price for homes in all of El
Paso County is $450,000. In the 80916 ZIP code, the...
We all know Denver’s real estate market is about as hot as the sweltering temperatures outside, but realtors are hoping it could heat up even more when they break out the drones to capture jaw-dropping video of homes for sale.
“In construction, drones are very important for surveying, for ICD’s, for everything,” said Vincent Coleson, who’s built and sold dozens of...
Northern Colorado is short thousands of housing units, according to Crisafulli, and the Common Sense Institute estimates the number is over 175,000 statewide — a number that various people and local governments view as too low or too high. Either way, the deficit is contributing to double-digit percent price increases across the state and stressing out working class families looking for a...
Reflecting on data from the first six months of sales, Pueblo Association of REALTORS Board Director David Anderson admitted, "It is just crazy and that's just the reality."
In 2020, 3,082 residential properties sold for $745 million. so far this year, 1,422 residential properties have sold for $365.5 million, which means Pueblo County sales are on track to zoom past 2020's...
But realtors say there is more inventory available now than there was then.
“Our market has definitely shifted in the last couple of weeks, significantly,” said Kelly Moye, spokesperson for the Colorado Association of Realtors.
Moye said demand has changed as well. Some buyers are tired of the process. Others are traveling. Plus, the market typically slows in late summer.
Watch or read...
Colorado Association of Realtors members are just as confused by what's going on as anyone else, as is clear from statements collected by the group.
"If you speak to your local realtor, you will hear that perhaps the frenzy is slowing," notes Sunny Banka, who works in the Aurora area. "It is hard to tell if that is the typical July...
But what is more concrete is that both Battlement Mesa and the town of Parachute do in fact have enough open space to fit the needs of the tight housing market of Garfield County.
In most of Garfield County, the chances of finding a single-family home for less than $500,000 are slim to none. Latest data from the Colorado Realtors Association,...
According to the latest monthly figures from the Colorado Association of REALTORS® (CAR), housing inventory increased by 24% in June, with the statewide median sales price for a single-family home increasing nearly 24% year-over-year to $530,000.
At the same time, the number of homes under contract eclipsed 10,000 in June, CAR figures show. Another 9,875 units were sold across the state which...
“Colorado gained about 50,000 people between July 1, 2019, and July 1, 2020, according to the data released Dec. 22. That includes both migration and births. The state has added about 760,000 people since 2010, the eighth-highest in the country.”
Read more at Denver Business Journal.
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