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Results for: colorado springs

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...

Four Colo. Cities Make Top 10 List for Most Competitive Cities for Homebuyers

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...

June delivers influx of new housing inventory however, pending sales and closes push median pricing to record highs across Denver metro area and state

REALTORS® seeing some signs of change in markets across Colorado ENGLEWOOD, CO – July 13, 2021 – A strong month for new listings in June helped give potential homebuyers a little hope and opportunity however, the volume of sales and homes going under contract continued to grow as well pushing the median sales price for single-family homes in the seven-county...

DOLA launches new rental assistance website, awards $6.025M in affordable housing

FOR IMMEDIATE RELEASE Media Contact: Brett McPherson brett.mcpherson@state.co.us | 303-656-7464 Colorado Department of Local Affairs launches new rental assistance website, awards $6.025M in affordable housing Denver, CO – July 1, 2021 – The Colorado Department of Local Affairs (DOLA) Division of Housing (DOH) has published a new website to simplify obtaining emergency rental assistance as well as upcoming homeowner relief,...

List Price Just the Starting Point in Housing Markets Frenzied Madness of March

ENGLEWOOD, CO – April 12, 2021 – Approximately 60% of Colorado homes sold during the month of March received more than the original asking price as the frenzied buying market continues statewide, according to the latest research from the Colorado Association of REALTORS® (CAR) and the National Association of REALTORS®. Together with California, Colorado topped the madness of March list...

Sellers Entrenched in Driver’s Seat as Scarce Housing Inventory Pushes Offers, Concessions and Median Prices to All-Time Highs Statewide

Buyers required to have patience, persistence, grit…and cash ENGLEWOOD, CO – March 10, 2021 – Colorado home sellers remain firmly entrenched in the driver’s seat as the inventory of homes available for purchase dropped to all-time lows across the Denver metro area and state, according to the February 2021 housing data from the Colorado Association of REALTORS® (CAR). At the...

Meet Your 2021 CAR Leadership Council

The Colorado Association of REALTORS’® new leadership council has officially assumed their new roles as of December 1, 2020. CAR’s 2021 Chair, Robert Walkowicz, Broker Associate/Partner with the Group in Fort Collins, has extensive experience with the Colorado Association of REALTORS® dating back to 1994. In his new position, Walkowicz will serve as a conduit between CAR’s more than 27,700...

A Snapshot of the State’s October 2020 Housing Markets

October highlights for the Denver market include: The greatest 12-month-period price appreciation (21.3%) ever tracked by the Colorado Association of REALTORS®. There were 42% more single-family homes sold than the previous year, and 23% more new listings arrived to replace them, all while the median single-family price increased $32,000 in one month Taking a look at some of the state’s...

Buyers Impersonate Pac-Man Gobbling Up State’s Housing and Driving Active Inventory to a New Record Low

ENGLEWOOD, CO – Oct. 12, 2020 – Forty years after the release of the iconic Pac-Man video game, and a doubling of the state’s residential population to 5.8 million, Colorado house hunters have created their own version of the hungry, energy seeking video character, gobbling up available housing while frantically maneuvering through the residential market maze – all while trying...

Real Estate Scam Artist Warning

CAR has received several warnings about a scam artist working in several areas across the state posing as a high-profile buyer (specifically, requesting showings of million-dollar properties and horse properties). This scam artist has been known to provide fraudulent checks in large denominations to attempt access to properties prior to closing and has also succeeded in persuading buyer’s agents to...