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Amazon in Denver? A Look at Housing Implications

CAR spokesperson Kelly Moye spoke with Next on 9News to discuss housing implications of Amazon building a second headquarters in the metro area. See the full story on 9News.com.   DENVER - Gridlocked roads, high housing prices, crowded restaurants, disappearing beautiful scenery.   It sounds like Denver, but it’s a description of Seattle, Amazon’s current headquarters.   After Amazon announced it’s looking to build a second headquarters outside of Seattle...

More Than a Seasonal Slowdown?

Buyer interest remains however, low inventory, steady housing prices continue to dictate state’s housing market.   ENGLEWOOD, Colo. – Sept. 13, 2017 – While the number of potential buyers in Colorado’s housing market remains strong, traditional seasonal cooling, coupled with low inventory and steady median housing prices across the state, are defining the fall market according to the monthly statewide housing report...

Pueblo West Home Sales Nearing Pre-Recession Levels

The rise in Pueblo West real estate is a combination of several factors, said Dave Anderson, a broker associate at Remax of Pueblo West who is also a member of the Board of Directors of the Pueblo Association of REALTORS® as well as the Southeast housing spokeperson for Colorado Association of REALTORS®   "There is a lack of inventory," Anderson said, "as well...

National Flood Insurance Program Extended

On Thursday, September 7, the Senate voted to pass a three-month extension of the National Flood Insurance Program (NFIP). The House of Representatives passed the legislation on Friday, September 8, 2017, and the President signed the bill into law later that day.   This legislation ensures that the NFIP will not lapse on September 30, 2017, and will be extended until December...

Seasonal slowdown or changing market?

July housing data delivers mixed bag across Colorado   ENGLEWOOD, Colo. – Aug. 10, 2017 – While Colorado’s housing market remains extremely hot, seasonal factors contributed to create a mixed bag of results in Colorado’s housing market activity in July, according to the monthly statewide housing report from the Colorado Association of REALTORS® (CAR).   Despite decreases in new (-14 percent), active (-3.5) and...

Homes in Denver Metro Area Surpass $410,000 Median Sales Price

Across all of Colorado, there are 30 percent fewer homes for sale across state than one year ago. Active and new listings rise but strong sales, low inventory continue to shape seller’s market.    Key findings from the June 2017 research report include: Peak summer housing market sees median sales prices for single family homes in the metro region, as well as statewide,...

Governor John Hickenlooper Signs Construction Defects Reform into Law

Denver – Members of the Colorado Association of REALTORS® (CAR), as part of the Homeownership Opportunity Alliance (a bipartisan statewide coalition of housing advocates, business leaders, metro area mayors and builders), stood with Gov. John Hickenlooper in the West Foyer of the Colorado Capitol on Tuesday as he signed HB 1279, the Construction Defect Actions Notice Vote Approval bill, into...

REALTORS Confidence Index - six-month outlook for single-family homes map of the USA

REALTORS® Confidence Index – Colorado and the Nation in 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...

Market Trends Image Depicting Statewide Listings

Colorado median sales prices rise 10 percent in 2016

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...

Centennial Ranks 8th in Top Cities for First-Time Homebuyers

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...