Results for: first time home buyers

August Market Trends: Signs of a Shifting Market? Homes in Colorado Are More Affordable But Taking Longer to Sell

Regional and Statewide Statistics Contact:  Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Sept. 12, 2019 – Still far from what would be defined as balanced, Colorado’s residential housing data continues to show signs that markets are shifting, according to the latest monthly market data from the Colorado Association of REALTORS®. Despite three-year lows on interest rates and...

How to Overcome the Biggest Obstacle to Home Ownership

Raising enough cash for a down payment is often the biggest hurdle for homebuyers.   According to some estimates, it can take up to 15 years for people to save towards the purchase of a home, especially with conventional mortgages, which require anywhere between 5 to 20 percent down. If you’re trying to buy a $400,000 house, that could equate to...

New housing inventory delivers little help to buyers as strong sales continue to drive pricing to new record highs across Colorado

ENGLEWOOD, CO. – May 10, 2019 – The much-anticipated influx of new spring season listings in Colorado’s housing market has had a limited impact for buyers as strong sales and continued low inventory have driven median and average pricing to record levels in the seven-county Denver metro area, as well as markets across the state. Those high-water marks for pricing...

Spring Season Beginning to Emerge After Slow First Quarter

Epic winter snowfall, bomb cyclone create ripple effect on statewide housing markets Spring season beginning to emerge after slow first quarter https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/   ENGLEWOOD, CO. – April 10, 2019 – An historic mid-March “bomb cyclone” weather event, coupled with epic Colorado snow totals, tempered the typical fast start to the spring housing market in Denver and across the state, according...

Colorado Employers May Soon Help Employees Buy Their First Home

Colorado was one of the first states in the country to pass legislation for first-time homebuyers. The legislation allows them to open a tax-free savings account to save money for down payment on a new home.   Since that law was passed in 2016, Colorado is seeing the benefits of the program. – Colorado, the seventh-fastest growing state in the...

Home prices turn negative in two more metro Denver counties but home values still rising statewide

The Colorado Association of REALTORS® is confirming an earlier report from the Denver Metro Association of REALTORS® that metro Denver home prices suffered an annual decline in February.   That’s the first time that has happened since 2012. But with strong gains still piling up along the southern Front Range and in Mesa County, home prices statewide are still rising....

Home prices fall in Boulder, Denver and Douglas counties. Is it a blip, or a trend?

Kiss those years of double-digit annual home price gains goodbye. Depreciation has made a comeback in Boulder, Denver and Douglas counties, foreshadowing more widespread declines in the months ahead, according to a report Tuesday from the Colorado Association of REALTORS®.   “We are seeing a ton more properties come on the market, but not an increase in the number of sales,”...

Safety Resources for REALTORS, Buyers and Sellers

Holiday Housing Market a Gift to Buyers?

Holiday and seasonal slowdowns combine to create more opportunities, less stress for homebuyers across the state   ENGLEWOOD, CO. – Dec. 12, 2018 – Despite the start of the typical seasonal and holiday slowdown in the housing market, median sales prices continued to tick upward while inventory supply and active listings continued to deliver mixed results in markets across much of...

Colorado homebuyers may be getting a touch of relief in seesaw housing markets

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/   ENGLEWOOD, Colo. – Oct. 10, 2018 – Colorado homebuyers may be feeling a little bit of relief as a combination of seasonal and market factors have helped to slow down the fast-paced, over asking price sales and hold steady or even drop the median sales price in many parts of the metro area and state. Yet, some of...