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Stats & Trends

Fall in the Colorado Maroon Lake and Colorful Forest. Yellow Aspen Trees. Aspen Colorado USA.

The Economic Impact of a Typical Home Sale in Colorado

Posted on January 15, 2019
Consumer Awareness, NAR, REALTOR® News, Stats & Trends

The National Association of REALTORS® released state-by-state reports outlining the total economic impact of real estate related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance.   The real estate industry accounted for $70,517 million or 20.4% of the gross state product...

Sunny Day in Denver Colorado United States. Downtown Denver City Skyline and the Blue Sky.

Colorado on top tier of ‘well-run’ states, but observers warn of growth challenges

Posted on January 3, 2019
Communities, Consumer Awareness, REALTOR® News, REALTORS® in the News, Stats & Trends

A new national ranking of the best-managed states places Colorado in the top 10, but those who closely follow the state's economy say growth issues could make governing more of a challenge in the years ahead.   Several counties in the Front Range region have agreed to attempt to limit development through existing corridors, he said, and that will further drive up...

legal document for sale of real estate property in europe, with a gold-nibbed fountain pen and house keys

A glimpse into why Colorado Springs’ economy is attracting so many outsiders

Posted on December 19, 2018
Communities, Consumer Awareness, General, Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing, Stats & Trends

The city leads the state for employment growth in 2018 and 2019, thanks to diversity in business, age, health care, cybersecurity.   Lower housing prices have definitely attracted Denver buyers willing to brave the commute, said Donna Major, current chair of Pikes Peak Association of REALTORS®. On average, homes in the Colorado Springs region cost about a third less than houses in...

Colorado developer builds single-family homes for under $250,000

Posted on December 12, 2018
Construction, Consumer Awareness, REALTOR® News, Residential Housing, Stats & Trends

Earlier this month, Oakwood unveiled its 24-home development off Pena Boulevard and 54th Avenue in Green Valley Ranch. The homes are priced around $230,000. While smaller than the average Denver home — roughly 1,200 to 1,400 square feet — buyers can choose a one- or two-car garage, the number of bathrooms, and from two to four bedrooms.   "The average price of...

Jobs Fuel Absorption; Vacancy Decreases

Posted on December 12, 2018
Commercial Real Estate, Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

By Kyle Malnati CEO, Broker Owner Calibrate Real Estate   Denver’s apartment market has been in an Expansion Phase for 7 years, resulting in amazing appreciation for multifamily owners. Cary Bruteig, MAI, of Apartment Appraisers & Consultants has studied Denver apartment buildings for 25+ years. His firm has surveyed over 400,000 apartment units in 2,000 completed appraisals and/or market studies. Bruteig is...

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The Biggest Signs Colorado Housing Market Is Coming Back to Earth

Posted on October 30, 2018
Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, Residential Housing, Stats & Trends

The Colorado housing market has been running at hyperspeed over the past several years, despite some of the country's worst affordability in Denver and beyond. But things may finally be on the cusp of change.   According to a new report from the Colorado Association of REALTORS® , sales of single-family homes, townhouses and condominiums fell dramatically in September. The number of single-family homes purchased dipped by a striking 14.6...

Glenwood Springs Colorado USA-June 20 2015. Aerial view of downtown Gleenwood Springs in the summer.

REALTORS® foresee decline despite strong GarCo market

Posted on October 28, 2018
Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

Garfield County stands as a bright spot in the Colorado real estate market, which is dipping across the state, but the strong sales numbers may not last long. ### The number of Garfield County single-family home listings sold in September rose 5.9 percent compared to September 2017, while statewide single-family home sales dipped 15.2 percent in the same period. ### “The overall September numbers...

Model house standing on tables and graph

Home Sales Dropping Across Much of Colorado

Posted on October 23, 2018
Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, Stats & Trends

The Colorado Association of REALTORS® recently reported that the number of single-family home listings sold in Colorado dropped 14.6 percent in September compared to the same month a year earlier. Sales of townhouses and condos dropped 15.2 percent.   The Denver Post reports that metro Denver area year-over-year single-family home sales in September fell 15.8 percent.   Elsewhere, home sales fell 26.7 percent in...

REALTOR and client shaking hands outside

Buyers and Sellers Teeter-Totter in Evolving Housing Market

Posted on October 23, 2018
Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing, Stats & Trends

Buyers and Sellers Teeter-Totter in Evolving Housing Market Buyers are beginning their hunts ahead and quieting down earlier than previous years   BY MATTHEW LEPRINO Published: 2018.10.22 03:00 PM   Like a schoolyard teeter-totter, there are always two forces volleying for control in any real estate transaction. On the left, you have the buyer’s control – always a force but sometimes lagging behind that of the seller...

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Home sales slid across Colorado in September

Posted on October 23, 2018
Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, Stats & Trends

Home sales aren't just slumping big in metro Denver, they are dropping across much of Colorado and in what were some of the hottest markets in the country.   Existing home sales in the United States fell 3.4% in August from September to a seasonally adjusted annual rate of 5.15 million. Year-over-year, they are down 4.1%, according to an update Friday from...

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