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condos Tag

Construction-Defects Reform Rekindling Some Condo Interest

Posted on October 31, 2018

Consumer Awareness, Government Affairs, REALTOR® News

“Changes in the construction defect laws have really made things easier for developers,” Slate Real Estate Advisors Partner Stan Kniss says. “We’re in the midst of a pretty undersupplied market given the hold on for-sale construction projects over the last 10 years.” ### Despite changes, there still aren't as many condo projects in the works as people in the industry had hoped to see. “We wanted the...

Home with gated fencing and trees turning red for the fall

The Biggest Signs Colorado Housing Market Is Coming Back to Earth

Posted on October 30, 2018

Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, Residential Housing, Stats & Trends

The Colorado housing market has been running at hyperspeed over the past several years, despite some of the country's worst affordability in Denver and beyond. But things may finally be on the cusp of change. According to a new report from the Colorado Association of REALTORS® , sales of single-family homes, townhouses and condominiums fell dramatically in September. The number of single-family homes purchased dipped by a striking 14.6...

Denver Housing Market: A Tale of Two Cities

Posted on September 22, 2017

Consumer Awareness, General, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

By CAR Spokesperson Matthew Leprino. Read the entire article on Colorado Biz Magazine. Like Charles Dickens’ fabled tale, Denver’s housing market remains conflicted in its ‘Tale of Two Cities,’ a lopsided story of condos and single-family homes. It would seem that with every dollar the single-family home’s median price rises, the demand for the condo market – tantamount to “entry-level” – rises...

Supreme Court makes landmark ruling for condo developers

Posted on June 5, 2017

Consumer Awareness, Government Affairs, REALTOR® News

Supreme Court makes landmark ruling for condo developers Jun 5, 2017, 1:14pm MDT Updated Jun 5, 2017, 1:29pm MDT The Colorado Supreme Court on Monday upheld the right of condominium developers to require disputes go to binding arbitration, essentially putting into state law a contentious provision that construction-defects reform advocates said was the key to reviving a largely defunct condo market...

Market Trends Image Depicting Statewide Listings

Colorado median sales prices rise 10 percent in 2016

Posted on January 12, 2017

Consumer Awareness, General, REALTOR® News, Stats & Trends

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...

Demand and Low Inventory Keep Prices Flat for Single Family

Posted on December 13, 2016

Consumer Awareness, General, REALTOR® News

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...

Shrinking Inventory Driving Factor in Colorado Markets

Posted on November 10, 2016

Consumer Awareness, General, REALTOR® News

Single family and townhouse/condo listings down more than 30 percent since July peak. While the median sales price for single-family homes and townhouse/condominium units between September and October 2016 remained relatively flat, $337,000 and $252,000 respectively, a shrinking inventory of active listings across the state continues to play a significant role in the overall housing market, according to the latest statewide...

Inventory Remains Key Factor in Markets Across the State

Posted on October 12, 2016

Consumer Awareness, General, REALTOR® News

Median sales price for Colorado’s single-family homes dips for second time in three months while condominium/townhouse prices increase. The median sales price of a single-family home in Colorado has dropped for the second time in the past three months to $336,700. The one percent dip comes on the heels of a flat August and a nearly 3 percent dip reflected in...

How is the Housing Market in the Area you Service?

Posted on June 27, 2013

REALTOR® News

According to Department of Numbers as of June 24, 2013 there were about 10,973 single family and condo homes listed for sale in Denver Colorado. The median asking price of these homes was approximately $354,900. Since this time last year, the inventory of homes for sale has decreased by 28.8% and the median price has increased by 18.3%. Is the...

condos Tag

Construction-Defects Reform Rekindling Some Condo Interest

The Biggest Signs Colorado Housing Market Is Coming Back to Earth

Denver Housing Market: A Tale of Two Cities

Supreme Court makes landmark ruling for condo developers

Colorado median sales prices rise 10 percent in 2016

Demand and Low Inventory Keep Prices Flat for Single Family

Shrinking Inventory Driving Factor in Colorado Markets

Inventory Remains Key Factor in Markets Across the State

How is the Housing Market in the Area you Service?

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