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Colorado Flood and Wildfire Awareness Week

Flood and wildfire season is approaching.  You should know your risks and make your plans to improve you outcomes.   The National Weather Service wants everyone in the the United States to be part of a Weather-Ready Nation.  Colorado has more than its fair share of floods, flash floods, and wildfires.  You should be weather alert and weather-ready, knowing how to stay...

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Pueblo, Colorado Continues to Rise in the Housing Market with the Median Sales Price Climbing Higher

The housing market continues to tighten across the state as Pueblo, Colorado slowly increases month over month for median sales price and average sales price.  The inventory of for sale homes has decreased from 1.7 months supply in December to 1.6 in January.   For more information and to read the whole story from The Pueblo Chieftain by Dennis Darrow click HERE...

Call for Volunteers – REfresh Expo

Why would I want to participate?   YOU will join a group of passionate real estate professionals and help build a brand new conference & expo experience for our industry.     What is the REfresh Expo?   It's a new extraordinary experience for real estate professionals, in collaboration with key partners in the real estate industry (Xcel Energy, REcolorado, FirstBank, Colorado Association of REALTORS® to name a few)....

Denver’s Housing Inventory is Not the Problem

Its active inventory is By Matthew Leprino   It seems you can’t open a social media app or tune into local news without hearing about the lack of options for homebuyers these days. Denver is facing big city problems as it continues to grow into that role.   Along with pressure on developers to turn over quality products – and quickly – the prices, oh,...

Amazon HQ2 Headquarters Creates Concern for the 20 Finalist Cities

Colorado is currently in the running of the 20 finalist cities that could become the new home for Amazon HQ2 second headquarters.  While there is excitement about this potential opportunity there is also concern.  Colorado's housing market is already strained and if Amazon chooses Colorado the strain could worsen. Kelly Moye a Colorado Association of REALTORS spokesperson had this to...

Colorado Association of REALTORS® Economic Summit Creates a Buzz about Ballot Initiative No. 66

The Colorado Association of REALTORS® sought to get the word out about the dangers of ballot initiative No. 66 and successfully did so at their annual Economic Summit on February 7, 2018.  Initiative No. 66 is currently being reviewed by the Supreme Court and could be on the ballot this November.   This initiative seeks to cap new housing construction to 1%...

How low can you go?

Homebuyers facing inventory supply levels never before seen in Colorado   ENGLEWOOD, Colo. – Feb. 12, 2018 – Housing affordability, a popular discussion from renters to REALTORS®, elected officials to economists, and many others across our state, is taking a back seat to the real housing conversation across most of Colorado – availability – or the lack thereof, according to the latest...

Colorado Association of REALTORS® Economic Summit Tackles the Hard Subject of Ballot Initiative No. 66

“This will bring our economy to a halt. You don’t bring affordability to a market by reducing supply,” Scott Thorson, the Chief Operating Officer at Oakwood Homes, said at the Colorado Association of REALTORS®’ Economic Summit on Wednesday in Denver.   Ballot initiative No. 66, which is awaiting a review from the Colorado Supreme Court, would limit permits for homes and apartments...

Condominium Construction Remains Slow Even 9 Months After the Passage of the Construction-Defect Bill

The passing of the construction-defect bill was a big win for Colorado and the housing market.  A big win indeed, but challenges still remain. Some of these challenges include high insurance premiums from the previous years of lawsuits related with condominium builds.   These continued challenges have large builders still weary to begin projects in the state.  This leaves small local builders...

The Colorado housing market keeps going up, up and up! 

As the housing market continues to climb so do the prices.  Longmont and Boulder are witnessing this rise in the market and with it the median sales price.  Kelly Moye a Colorado Spokesperson had this to say about 2017, "It was an unbelievable year,".  Indeed it was.  For single-family homes the median sales price increased 11% in Longmont and 1.2%...