Results for: first time home buyers

Colorado condos break record at $300,000 median price despite new listings rising nearly 16 percent from April to May

ENGLEWOOD, Colo. – June 12, 2018 – The Merry Month of May delivered strong seasonal increases in new listings for single-family residences and condos in both the seven-county Denver metro area and the state. However, homebuyers continue to face the same scenario that has dominated the state’s housing markets throughout the past year. Strong sales and record-high median pricing of...

Colorado Housing Prices Continue to Break Records

Record housing prices continue their pace across the state as homebuyers weigh a growing list of market factors   ENGLEWOOD, Colo. – May 10, 2018 – With a solid seasonal bump in the number of new listings both in the Denver metro area and many markets across the state, hungry homebuyers continued to gobble up properties while others sit and...

Listings have Increased, but Inventory is Still a Concern

Despite a 39 percent increase in new listings in March, inventory issues continue to dominate housing discussions statewide as Denver Metro Area sees new price records   ENGLEWOOD, Colo. – April 11, 2018 – With signs of new life popping up across the Centennial state, many REALTORS® find themselves wishing they’d see available inventory pop up again as they continue...

Market conditions result in record-high median pricing

Market conditions result in record high median pricing levels in both Denver metro area and state as low inventory dominates housing discussion.   ENGLEWOOD, Colo. – March 12, 2018 – While housing hope springs eternal, inventory statistics across the state paint a different picture and have resulted in numerous record-high median pricing levels in Denver and across the state, according...

How low can you go?

Homebuyers facing inventory supply levels never before seen in Colorado   ENGLEWOOD, Colo. – Feb. 12, 2018 – Housing affordability, a popular discussion from renters to REALTORS®, elected officials to economists, and many others across our state, is taking a back seat to the real housing conversation across most of Colorado – availability – or the lack thereof, according to...

CAR Spring Summit

Being a Teacher in the World of Real Estate

The world of real estate can seem overwhelming and daunting to a prospective first-time home buyer.  It is for this reason, that REALTORS® hold such an important role for those looking to purchase a home.  Whether the client is a first-time buyer or a family looking to purchase a second home, a REALTORS® knowledge helps guide buyers down the path...

Despite the Cooler Season, Colorado Housing Market still Remains Active with Indications of Leveling out for the Winter Months to Come

ENGLEWOOD, Colo. – Nov. 10, 2017 – From the continued roar of Denver’s urban core, Boulder and Broomfield County to the seasonal leveling off of markets across the state, Colorado REALTORS® continue to closely monitor market conditions detailed in the October 2017 statewide housing report from the Colorado Association of REALTORS® (CAR).   Key findings from the October 2017 research...

Typical fall slowdown or has Colorado housing market reached a plateau?

Answers may not be known until spring season https://coloradorealtors.com/market-trends/   ENGLEWOOD, Colo. – Oct. 11, 2017 – While the first measurable snowfall of the season just hit Colorado’s front range, experts in Colorado’s real estate industry are already turning their attention to spring 2018 for potential answers to the growing list of questions surrounding the state’s residential real estate market....

Coming Soon Listings

Are They Illegal or Immoral? BY CAR GENERAL COUNSEL SCOTT PETERSON   I am convinced that “Coming Soon” listings will forever be a source of REALTOR® frustration and confusion in the State of Colorado.  Regardless of the market cycle, transaction velocity or geographic location, I hear frequently from our members about the “Coming Soon” rider occasionally (often?) seen on broker...