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...
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...
"It's a sellers market" will be a phrase we will continue to hear throughout Colorado as a state. Garfield County recently received year-end reports from the Colorado Association of REALTORS market trends and statistics report distributed by the Glenwood Springs Association of REALTORS. Year-end reports showed new listings increased 1.5% for single-family homes with an increase of median home sales...
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...
Lack of inventory. It's a trending topic in real estate that we can't seem to get away from. As we begin the year of 2018 we look back on the year of 2017 to predict and anticipate the real estate market for the upcoming year. Everyone is wondering what the lack of inventory that plagued the Colorado real estate market in...
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%...
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 low inventory...
The world of real estate can seem overwhelming and daunting to a prospective first-time home buyer. It is for this reason, that REALTORS® hold such an important role for those looking to purchase a home. Whether the client is a first-time buyer or a family looking to purchase a second home, a REALTORS® knowledge helps guide buyers down the path...
Home sweet, expensive home: The hot Colorado housing market With an influx of people and not enough houses to go around, home prices are at a high, making a competitive market for buyers. “I'm seeing that that market is actually kind of on fire right now,” Colorado Association of Realtors spokesperson, Kelly Moye said. Moye has been watching Colorado become a true...
Kelly Moye, a CAR spokesperson and a real estate broker at RE/MAX Alliance in Bloomfield, Colo. spoke with National Mortgage News about her views on the impact of the legalization of marijuana on the real estate market. According to Kelly Moye, "we can see that it has absolutely affected our market". Data shows that the legalization of marijuana initially affected the...