Results for: Call for action

Record breaking highs and lows challenge housing buyers statewide as supply disappears

ENGLEWOOD, CO – With the inventory of active listings down 40% to more than 70% in markets across the state compared to a year ago, potential home buyers are facing record-setting appreciation and median pricing in the face of all-time lows in active listings and months supply of inventory, according to the February 2022 Housing Reports from the Colorado Association...

“Unprecedented” and “shocking,” REALTORS® running out of ways to describe state’s record low housing inventory

ENGLEWOOD, CO – Despite a nice, but expected seasonal uptick in the number of new listings that came to the Colorado housing market in January, a strong month of pending/under contract activity quickly gobbled up available inventory, once again keeping active buyers pushing the limits of their budgets and patience, according to the January data from the Colorado Association of...

Record-shattering housing market showed no seasonal differentiation in 2021 Astounding highs and lows likely to continue well into 2022

ENGLEWOOD, CO – Record-low inventory combined with insatiable buyer demand drove housing prices to record highs in markets across Colorado in 2021, according to the December data and year-end analysis from the Colorado Association of REALTORS®. The resulting activity, prevalent from January through the end of the year in markets across the state, made it nearly impossible to define any...

Like everything else – Colorado’s housing market has a supply chain issue

Record setting lows in housing inventory once again push median pricing to new highs, magnifying issues of affordability ENGLEWOOD, CO – It seems everywhere we turn these days, there is a supply chain issue. No matter the size or scope of the product and services in demand, the supply chain is often the culprit in any effort to meet consumer...

It’s All About That Pace – Housing Inventory and Buyer Demand Tug-of-War Rages On, Results in Additional Increases in Median Prices Statewide

ENGLEWOOD, CO – In most markets across the state, the pace of available inventory slowed in October and was quickly consumed by the insatiable demand that has come to define the Colorado housing market in 2021, according to the latest monthly market data and analysis from the Colorado Association of REALTORS®. “The pace at which homes are selling remains robust,...

Home sales and under contracts counter new listings keeping median prices steady

ENGLEWOOD, CO – Oct. 12, 2021 – With new listings easily countered by the volume of closed and under contract properties, the median price of homes remains steady or has continued to rise in markets across the state, according to the latest monthly market data and analysis from the Colorado Association of REALTORS® (CAR). As a result, active listings in...

Summer getaways, back to school activities slow the pace and competition but Colorado’s housing markets remain hot through August

ENGLEWOOD, CO – Sept. 13, 2021 – End of summer vacations, kids returning to school, and typical seasonal slowdowns did not impact the continued hot housing market across the seven-county Denver metro area and state, according to the latest monthly market data and analysis from the Colorado Association of REALTORS® (CAR). Despite anticipated seasonal dips in new listings, under contracts...

5280 Magazine Quotes GAR in Growth Article

Greeley Association of REALTORS® CEO Julie Jensen was quoted recently in 5280 magazine about Greeley’s remarkable population growth in the last decade and the reasons for it. Information from the story includes 2020 Census data about the city as a historically agriculture-based community and its 30 percent growth rate in the last decade. One of Jensen’s ideas behind Greeley’s population...

Colorado REALTORS® Announce Legislators of the Year for 2021

ENGLEWOOD, CO. – The Colorado Association of REALTORS® (CAR), the state’s largest real estate trade association representing more than 29,000 members statewide, named four Colorado policymakers as “Legislators of the Year” for 2021: House Minority Leader Hugh McKean (R-Loveland), House Majority Co-Whip Kyle Mullica (D-Northglenn), Representative Shannon Bird (D-Westminster), and Representative Marc Snyder (D-Manitou Springs). This group of legislators worked...

From accelerating in the fast lane to a pump the brakes approach, Colorado’s housing markets deliver a touch of everything in July

ENGLEWOOD, CO – Aug. 11, 2021 – From the fast-paced acceleration of the express lanes to the pump-your-brakes gridlock of metro-area highways and weekend mountain traffic, Colorado’s housing markets are demonstrating a similar range of activity, as well as buyer and seller behavior, according to the latest data and expert analysis from the Colorado Association of REALTORS® (CAR). July data,...