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Results for: colorado springs

Decade Closes with Record-Low Inventory Across Colorado

Housing markets gear up for most active months with little inventory as affordability improves Contact:  Marty Schechter for CAR 303-882-4585 cell                                                                                                     marty@schechterpr.com ENGLEWOOD, CO. – Jan. 13, 2020 – Colorado housing markets closed out the past decade with 10-year record or near record lows in several key inventory related categories, according to the latest monthly market data from...

Colorado Recognized as One of Top 20 Opportunity Zone Catalysts

The State of Colorado was recently named as one of the Top 20 Forbes OZ Catalysts. This honor, awarded in partnership with Sorenson Impact Center, recognized Colorado as one of the leading organizations using Opportunity Zones to support communities. Applications from Montrose, Pagosa Springs, and Colorado Springs also received recognition for their leadership in the space, and Colorado-based fund Four...

New Listings Drop 30 Percent Statewide; Low Inventory and Affordability Dominate Colorado’s 2019 Housing Market Story

Contact:  Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Dec. 11, 2019 – With a 30 percent dip in new listings statewide between October and November, the low inventory story continues to drive nearly every market across the state, according to the latest monthly market data from the Colorado Association of REALTORS® (CAR). The months’ supply of inventory...

Colorado Markets See Double-Digit Declines in Active Inventory

Wide range of local ingredients are flavoring housing markets across the metro area and state Contact:  Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Nov. 12, 2019 – The anticipated seasonal slowdown in the housing market’s new listings has been met with strong pending/under contract numbers creating 13-20 percent declines in the inventory of active listings across the...

Springs Housing Market Stays Strong Amid Seasonal Challenges

“September 2019 was another strong month for the Colorado Springs-area housing market for single-family/patio homes,” Colorado Springs REALTOR Jay Gupta said. “ “Our average sales price was $368,430, with the median sales price of $325,500, and a 1.5-month supply of inventory,” Gupta said. “Since buyers generally purchase properties offering competitive values, 42 percent of El Paso and 31 percent of Teller...

Colorado Association of REALTORS® honors Bob Fullerton as REALTOR® of the Year; Select members throughout state also honored for distinguished service

  Bob Fullerton, managing broker for ERA New Age in Rifle, Colo., was named Colorado REALTOR® of the Year by the Colorado Association of REALTORS® (CAR) at its 99th annual convention in Beaver Creek, Colo.   The award is the most prestigious award given to a CAR member and is a culmination of a distinguished career within the REALTOR® organization—...

Colorado Association of REALTORS® Announces 2019-2020 Leadership; Janene Johnson Installed as Chairman

The Colorado Association of REALTORS® (CAR) installed its 2019-2020 Leadership Council during the organization’s 99th annual State Conference in Beaver Creek, Colo. last week.      Janene Johnson, broker/owner of Real Estate of Winter Park in Winter Park, Colo. was inducted as chairman of the Colorado Association of REALTORS®, a role she will assume from Dec. 1, 2019 through Nov....

September Housing Market Trends: Home Sales Decline as Colorado Housing Markets Work to Find Their Sweet Spot Amid Seasonal Challenges

Regional and Statewide Statistics Contact:  Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Oct. 10, 2019 – Single-family home sales across the state fell more than 14 percent from August to September but remain up 9.1 percent over September 2018 in the seven-county Denver metro area and 5.3 percent statewide, according to the latest monthly market data from...

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...

June Brings Inventory and Price Relief to Colorado’s Housing Market

Following record-setting May, opportunities expand for buyers as appreciation cools and inventory improves ENGLEWOOD, CO. – July 11, 2019 – After reaching record highs for median pricing and new listings across the Denver metro region and state housing markets in May, a slight cooling in June – similar to what has happened in June the past two years – helped...