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%...
A look at Denver's 2018 housing market Article from ColoradoBiz By Matthew Leprino, CAR Spokesperson We have reached cruising altitude. You are free to use your portable electronic devices, or … so we thought. As 2018 succeeds a year of upward evolution for Denver’s real estate market, we must be cautious before removing the fasten seat belt sign and watch for items that...
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...
Much buzz is swirling around the proposed Tax Reform and the repercussions that will ensue if it is passed as it stands. The proposed tax reform if passed, would affect individuals who sell their home before the five year period has expired. If the house is sold prior to the five year period, the sellers would face a tax of 15%...
Xceligent has shut down operations effective immediately leaving only one MLS available to Commercial Real Estate. The decision to close their doors comes after a management change in October leaving Frank Anton the new CEO. After much deliberation with the leadership team of Xceligent, the final decision concluded to shut down operations. Many are concerned with only one MLS being...
With the struggles of low inventory, news about a condo development in the works is exciting news for those in the real estate world. It's with great anticipation that a new development is coming to Denver in the LoHi neighborhood. This development will be condos ranging in size and price and is the first development in the area from Alpine...
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...
Changes in the tax code could have pricey implications for homeowners if the GOP Tax Proposal passes. Cuts elsewhere are causing Congress to find other ways to make up the money. One area they are looking to make up the money is taxes associated with real estate. Currently, homeowners are encouraged to stay in their home for two years and are...
ENGLEWOOD, Colo. – Dec. 12, 2017 – With a significant decline in new listings and active listings continuing to define a low inventory market across the metro area and the entire state, median home prices are holding their own, according to the latest housing report from the Colorado Association of REALTORS® (CAR). With limited new housing starts, the record low inventory...
Colorado has welcomed transplants from bordering states and states throughout the country in the recent years. Colorado's beauty has finally been discovered and it seemed people couldn't get enough of it. However, it seems with the rise in the housing market Colorado has become less affordable. This realization has impacted how many people are moving to the state and how...