September 13, 2023
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Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends
Results for: first time home buyers
July 13, 2023
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Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends
Fast-paced spring housing market never arrived; Smaller pool of buyers starting to have a little more ‘fun’
ENGLEWOOD, CO – The typical fast-paced spring housing market just never materialized as higher interest rates and a less than eager group of potential sellers kept transactions limited and prices steady, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Despite the ongoing challenges, a smaller pool of buyers began to have...
June 14, 2023
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Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends
Concert tickets or homes – the search is demanding, inventory limited, and prices are ticking up
For buyers and sellers, the trick is being ‘just right’ ENGLEWOOD, CO – If you thought finding tickets to Taylor Swift’s upcoming Denver concerts was a challenge, the search for homes in Colorado hasn’t gotten much easier either, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Despite a double-digit percentage bump...
April 26, 2023
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Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing
Colorado Among 5 Most Expensive States for First Time Buyers
Colorado ranks fourth in the nation for states with the highest average down payment for first-time buyers, according to a new report from Moneywise. Moneywise ranked all 50 states based on median home price on Zillow and an average down payment of 13%, according to the National Association of REALTORS®. “Affordability is certainly an issue for first-time buyers, there’s no question...
March 2, 2023
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Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing, Stats & Trends
Metro Home Prices Drop After Two Years of Growth
After two years of unprecedented growth, the median sales price of a single-family home stayed the same in Colorado but dropped in Metro Denver, though barely. In January 2023, the median sale price was $569,804, down 1.4% from a year ago. Some parts of the state saw an increase in January. In January, the median price of a single-family home...
February 13, 2023
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Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends
Homes stay on market longer, prices flatten as buyers and sellers wait out rate hikes
ENGLEWOOD, CO – Both home buyers and sellers continue to feel the effects of the Federal Reserve’s interest rate hikes designed to help curb inflation and slow the market, according to the January 2023 Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Housing prices across the seven-county Denver-metro area and state continued to fall slightly...
December 12, 2022
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Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends
Buyers and sellers shelter in place as home sales slow across the state
ENGLEWOOD, CO – Although increases in inventory are helping to restock what were nearly empty cupboards across the Denver metro and statewide housing markets over the past few years, the typical year-end housing slowdown is being fueled by some interest rate uncertainty, as well as speculation and hope for what spring 2023 may offer to patient buyers, according to the...
July 14, 2022
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Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends
More Thinking Time for Buyers
Statewide, home prices in June 2021 decreased by 2% from last year at this time, according to CAR’s June Market Trends Report. But the better news is that the number of homes for sale is increasing. “Buyers need to know that for the first time in a long time they have an opportunity to think about a home purchase,” said...
May 11, 2022
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Market Trends, Market Trends & Statistics, REALTOR® News, Stats & Trends
Bumps in inventory and interest rates give some homebuyers hope and a window of opportunity while others are priced out as the median price for a single-family Colorado home hits a record $600,000
Despite challenges, REALTORS® across the state share signs of hope for more balance in the near future ENGLEWOOD, CO – Rising interest rates and seasonal growth in inventory have given some potential homebuyers a little larger window of opportunity while others have decided to take a step back from the homebuying search as their dollars just don’t go as far,...
April 16, 2022
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REALTOR® News, REALTORS® in the News, Residential Housing