Results for: first time home buyers

January’s improved inventory falls short of buyer demand

ENGLEWOOD, CO. – Feb. 12, 2019 – When REALTORS® from across the state met earlier this month at the Colorado Association of REALTORS® annual Economic Summit, the message from economist Elliot Eisenberg was clear: Colorado’s housing market continues to be plagued by an overall lack of inventory. The ripple effects on home buyers and sellers alike has remained the same...

How to Make 2019 Your Best Real Estate Year Yet: Five Unexpected Ways To Grow Your Business

According to figures provided by the Colorado Department of Regulatory Agencies, there are 44,000 licensed real estate agents in the state – and 37,000 homes listed on the MLS – meaning agents greatly outnumber the homes they’re trying to sell. What’s more, 87 percent of real estate agents leave the business in their first several years.   Couple that with...

50-state research aims to identify nation’s most innovative housing solutions

The Colorado Association of REALTORS® (CAR) has completed a 50-state research analysis designed to identify the most innovative and successful programs being implemented to address the full spectrum of housing issues facing communities across the United States. From affordability and product type to inventory needs, CAR’s research set out to help identify what state and local governments, public and private...

Waves of uncertainty rise from seasonal factors and government shutdown

By Matthew Leprino January 2019   There is little that markets like less than uncertainty, be it real estate, or otherwise. So when a segment of the population isn’t working, and worse, when they aren’t spending money, uncertainty grows and creates a ripple effect throughout our economy. As the partial government shutdown nears ever closer to a month, the likelihood...

2018 a Year of Contrasts Across Colorado Markets

A strong spring in many markets across Colorado could contradict some reports of a slowing market in 2019   ENGLEWOOD, CO. – January 11, 2019 – 2018 was a year of tremendous contrasts across most Colorado markets, giving both sellers and buyers opportunities to take advantage of ever-changing market conditions, according to the latest monthly market trends data from the...

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

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...

We have reached cruising altitude

We have reached cruising altitude By Matthew Leprino   You know the moment; you’re about 15 minutes into your flight – you’ve grabbed your tablet or magazine and are settling in to your voyage. The seatbelt light is still on and the pilot has yet to make the obligatory ‘we’ve reached cruising altitude’ message but you can feel the leveling...

4 Heating Mistakes To Avoid This Winter

Xcel Energy wants to help your clients manage their energy dollars and increase their home’s comfort this winter with four easy ways to help avoid common home-heating mistakes. Share these tips with your current sellers and buyers to make sure their home is ready for the cold weather season ahead of time.   Cranking up the thermostat to quickly heat...

Move Over Denver, Colorado Springs Might Have The Hottest Housing Market

In the state’s second largest city, home prices have jumped 44 percent in the last 5 years. The Colorado Springs real estate market is the second most active in the country, according to Attom Data Solutions which tracks how many people are moving in an area.   “It is good to be an agent at this time. It’s always good...

Colorado’s August housing numbers prove ‘all real estate is local’

August housing reports from across the state reflected the same levels of diversity and at times extreme fluctuations of our Colorado weather at this time of year. For buyers and sellers alike, the message remains the same: understand what the conditions will be like in your neighborhood.   While the market reflects springtime conditions in areas like Boulder and Broomfield...