Colorado Association of REALTORS Tag
FOR IMMEDIATE RELEASE
Record low inventory and consistent sales
outweigh bump in new listings across Colorado’s housing market
https://coloradorealtors.com/market-trends/
Key findings from the February 2017 research report include:
30 percent increase in new statewide listings offset by strong sales and record low inventory
Statewide inventory down nearly 40 percent from one year ago
Active listings down 8 percent across the state from January to...
Posted on
February 27, 2017
Don’t miss out on the CALL FOR ACTION: Construction Litigation Reform
Ask your state senator to support SB 156, which fixes problems in current state law that have essentially brought the construction of new owner-occupied, multi-family housing such as condos to a halt. SB 156 would fix problems in the current law by providing a common sense and balanced solution that protects...
Posted on
February 21, 2017
House Bill 17-1159: Remedies For Forcible Entry And Detainer
CAR initiated HB 17-1159, Remedies For Forcible Entry And Detainer, sponsored by Senator John Cooke (R-Greeley) and Representative Jon Becker (R- Fort Morgan) was introduced last week and today the LPC took an official support position. This bill proposes real solutions to reduce the problem of squatters unlawfully possessing property. It will...
Posted on
February 14, 2017
This article is posted in the Colorado Springs Business Journal and was posted by Cameron Moix on February 14, 2017.
The Colorado Association of Realtors recently released its “Monthly Market Statistical Report,” which found that a record-low inventory continues to dominate the Colorado housing market.
According to the report, active listings across the state remain at historic lows despite the fact that...
Posted on
February 14, 2017
The statistics included in this article are provided by the National Association of REALTORS® and was posted in Economist Commentaries, by Scholastica (Gay) Cororaton, Research Economist on February 7, 2017.
The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for...
Posted on
January 12, 2017
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...
Posted on
December 15, 2016
As a first-time homebuyer, you have a lot on your mind. But, location and price are likely at the top of the list. So, where can you put down your roots without breaking the bank?
Taking a look at three top categories — affordability, livability and price stability—NerdWallet ranked the best places for first-time homebuyers nationwide. Centennial, Colorado ranked 8th nationwide...
Posted on
December 14, 2016
WASHINGTON (December 14, 2016) — Existing-home sales are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home, according to new consumer survey findings and a 2017 housing forecast update from the National Association of Realtors®.
In NAR's fourth quarter Housing Opportunities and Market Experience (HOME) survey 1,...
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December 13, 2016
Cybercriminals are targeting home buyers and sellers nationwide. DORA offers tips on how to protect yourself.
DENVER --- The Colorado Division of Real Estate at the Department of Regulatory Agencies (DORA) warns Colorado consumers to beware of a national cyber-scam currently taking place that steals money directly from home buyers and sellers.
The Division continues to receive information about this cyber scam in which cybercriminals hack...
Posted on
December 13, 2016
Despite typical seasonal and market factors, strong demand and record low inventory keep median sales prices for single-family homes flat while condo/townhouse prices reach a new high.
While temperatures across Colorado remained more summer-like than fall throughout November, traditional seasonal real estate market slowdowns were met head-on by strong consumer demand and a continued shortage of inventory, according to the latest...
