Heat in the morning, AC by noon - Denver’s Market isn’t a 'set and forget’ just yet By Matthew Leprino Like the climate control in your car, the climate of home buying season in Denver can change on a dime. Like its namesake, sometimes we skip spring altogether and head right for the 90s while every now and then, our summer flowers...
Denver's housing market is hot and everyone knows it. But how far does your dollar really go these days? Currently there are fewer homes for sale now compared with a year ago, and that low supply means higher prices. According to the Colorado Association of REALTORS®, the median home price in the Denver metro area was $440,000 in July, significantly more than the...
July is always one of the best months for property sales for Colorado's High Country, and that was exactly the case in Summit County's exploding real estate market. Defined as any home sold at or above $1 million, luxury housing sales boosted the overall real estate sales volume to more than $150 million, a $5.2 million increase over July 2017 and...
The red-hot housing market in Pueblo and other Colorado communities shows more signs of leveling or, possibly, starting to cool. "An early peak housing season (in April and May) has been met with an earlier than normal seasonal slowdown as buyer and seller behavior is changing amid the latest market conditions," the Colorado Association of REALTORS® said Friday in releasing the...
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...
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...
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...
Indeed, Denver's popularity is reflected in the ever-increasing cost and competitiveness of buying a home in the metro area BY MATTHEW LEPRINO There are only so many Top 10 lists those of us who adore our city can read. I find myself silently saying “Tell me something I don’t know,” whenever I read one. Sure, Denver is, one of the best place to live in...
By Kelcey McClung – Reporter, Denver Business Journal May saw both a slight bump in inventory and a minute decline in median price of homes for sale in Denver, according to the Colorado Association of REALTORS®. Both the median and average price of a single-family residence in the seven-county metro area dipped less than one percent from April to May – $435,000 and $515,204,...