Colorado Association of REALTORS | Affordability
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Affordability Tag

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Who Are The People Who Can Actually Afford Denver-Boulder’s High Rents And Mortgages?

Colorado’s homeownership has fallen from 71.2 percent in 2005 to 65.1 percent in 2019, according to the U.S. Census Bureau. Homebuilders lag way behind in constructing new places to live. In 2018, companies received permits to construct 29,114 single family detached homes, 38 percent lower than the 40,140 permits in 2005. But back then, there was 1 million fewer people...

Saleswoman meets with senior couple in their home. Could be real estate life insurance etc.

HOME Survey: More Say Now Is a Good Time to Sell a Home

WASHINGTON (June 19, 2019) – The latest consumer findings from a National Association of REALTORS® survey reveal that many more Americans believe that now is a good time to sell a home.   The second quarter of 2019 saw a jump in optimism in selling, as 46% strongly held that belief, up from 37% in the first quarter.   NAR's chief economist Lawrence Yun...

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Affordability Index Retrospect

Affordability Index Retrospect Index Over Time Shows a Complex Story Behind Affordability Issues in Colorado   By Matthew Leprino   You aren’t wrong. Living in Colorado isn’t exactly ‘affordable’ these days. Our incredible State has been evolving for some time now and the potency of that change is no clearer than in the lack of affordability of our real estate market. A relatively new statistic...

Inventory isn’t the problem, ‘Active Inventory’ is

By Matthew Leprino   It seems you can’t open your social media app or tune in to the local news without hearing about the lack of options for homebuyers these days. Denver is facing big city problems while it continues to grow into that role.   Along with increased pressure on developers to turn over a quality product - and fast at that -...

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Colorado governor candidates differ on affordable-housing solutions

Four Democratic and three Republicans hoping to succeed term-limited Democratic Gov. John Hickenlooper spoke at a Gubernatorial Forum held by the Colorado Association of REALTORS at REALTOR Day at the Capitol.   The discussions came as housing needs continue to out-pace new housing supplies, leaving home prices soaring and an estimated 25 percent of Coloradans spending 50 percent or more of their income...

Market Trends Image Depicting Statewide Listings

Colorado median sales prices rise 10 percent in 2016

Market playing out low inventory, high demand theme. While the median price of a Colorado home remained flat in December 2016 at $315,000, buyers and sellers experienced a 10 percent increase in the median sales price over the course of the year, according to the latest statewide housing report from the Colorado Association of REALTORS® (CAR). With a median sales price...