Results for: first time home buyers

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...

Berthoud Homebuilder’s Mission: Affordability

Mission Homes Colorado to break ground in July on houses starting in mid-$200,000s By Craig Young Reporter-Herald Staff Writer   For several years, builders in the region have said that it’s not possible to construct a detached single-family home that would sell for less than $300,000.   “On the Front Range, the conversation starts in the mid-$300,000s,” he said. “But...

Colorado Home Prices Continue to Rise: 2017 a Record-Breaking Year

Median sales prices rise 10 percent in back-to-back years lack of inventory a consistent theme statewide   ENGLEWOOD, Colo. – Jan. 11, 2018 – From the Denver metro area’s urban core and suburbs, to smaller communities across the state, Colorado’s housing market experienced back-to-back years of 10 percent bumps in the median sales price of a single-family home as record...

Becoming a First-Time Buyer in America’s Least Affordable City

Becoming a First-Time Buyer in America’s Least Affordable City June 15, 2017     For millennials in America’s fastest growing cities, becoming a first-time homebuyer is more challenging because average wages can’t keep up with the rising cost of a median priced home. And, Denver takes the number one spot as the least affordable hot spot for millennial buyers, according...

The First-Time Homebuyer Savings Account Act

Mike Coffman 06/07/2017 | Press release | Distributed by Public on 06/07/2017 17:46 The First-Time Homebuyer Savings Account Act   Washington, D.C.– Today, U.S. Representative Mike Coffman (R-CO) was joined by his colleagues, Rep. Sean Patrick Maloney (D-NY) and Rep. Barbara Comstock (R-VA), for the bipartisan reintroduction of H.R. 2802, the ‘First-Time Homebuyer Savings Account Act’.   Supporting this legislation...

Median sales price of Colorado homes up 10 percent over last year while available listings dip 37 percent statewide

Key findings from the April 2017 research report include:   Following a dramatic increase in new listings in March 2017, April saw a small decline in the number of new listings for single-family and townhome/condos across the state. Median sales price for a single-family home in the Denver metro area hit another record high, $404,900. Statewide, the median sales price...

New ClosingCorp Survey Finds More Than 50 Percent of Homebuyers Are Still Surprised by Closing Costs

This article is written by ClosingCorp. To access this article on their website, please click here.   New ClosingCorp Survey Finds More Than 50 Percent of Homebuyers Are Still Surprised by Closing Costs   February 15, 2017 09:00 AM Eastern Standard Time SAN DIEGO–(BUSINESS WIRE)–ClosingCorp, a leading provider of residential real estate closing cost data and technology for the mortgage and real...