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Home Sales Expected to Expand Modestly in 2017

Posted on December 14, 2016

Business Services, Consumer Awareness, General, Local Association, NAR, REALTOR® News

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,...

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...

Median Sales Price for Homes Drops in July

Posted on August 10, 2016

Consumer Awareness, General, REALTOR® News

The median sales price of a single-family home in Colorado dropped 3 percent to $336,000 from June to July of this year, the first reversal in what had been steadily rising prices since November 2015. Condominium/townhouse prices also dropped 3 percent to $240,000, the first decline since January. Compared to July 2015, however, single-family median prices were up 8 percent...

Colorado Ranks as #6 Best State for Homeowners Says Study

Posted on July 21, 2016

Consumer Awareness, General, REALTOR® News

SmartAsset’s latest study on the best housing markets for growth and stability showed three Colorado metro areas ranked in the top 10. Based on the data pulled for this analysis, they concluded that Colorado as a whole was a great place for people wanting to own homes. Colorado's average effective property tax rate (0.58%) is among the lowest rates in...

REALTORS® Expand Wildfire Education and Mitigation Efforts

Posted on July 21, 2016

Consumer Awareness, General, Government Affairs, REALTOR® News

With active wildfires burning across the state, Colorado REALTORS® are expanding their efforts to educate homeowners about the dangers of wildfires, especially to those living in Wildland-Urban Interface (WUI) areas, through a program designed to help connect homeowners willing to mitigate their properties and reduce wildfire risks with information and resources in their local communities. The Colorado Project Wildfire website...

Prices for Homes in Colorado Continue to Rise

Posted on July 13, 2016

Consumer Awareness, General, REALTOR® News

The median price for a single-family home in Colorado reached a new high of $345,000 in June, a 3 percent increase over May and 9 percent higher than one year ago according to market statistical reports released today by the Colorado Association of REALTORS®. For condominiums and townhouses, the June median of $246,000 was just slightly higher ($1,000) than in...

Low Inventory /Prices Challenges Buyers and REALTORS®

Posted on June 10, 2016

Consumer Awareness, General, Local Association, REALTOR® News

The supply of homes for sale in Colorado in May reached historic lows throughout much of the state according to statistics released today by the Colorado Association of REALTORS®. There were 17,724 single-family homes available statewide for purchase, down 24 percent from a year ago and representing just a 2.5-month supply. Similarly, the 4,237 condominiums and townhouses for sale in...

Campaign Fights Roofing Fraud in Colorado

Posted on June 9, 2016

Consumer Awareness, General, REALTOR® News

A group of nonprofit, government, and business organizations are working together to fight roofing contractor fraud in Colorado with a new public education campaign called No Roof Scams. The Colorado Division of Insurance, part of the Department of Regulatory Agencies (DORA), in conjunction with the Better Business Bureau of Denver / Boulder, the Colorado Division of Homeland Security and Emergency Management,...

home Tag

Home Sales Expected to Expand Modestly in 2017

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

Median Sales Price for Homes Drops in July

Colorado Ranks as #6 Best State for Homeowners Says Study

REALTORS® Expand Wildfire Education and Mitigation Efforts

Prices for Homes in Colorado Continue to Rise

Low Inventory /Prices Challenges Buyers and REALTORS®

Campaign Fights Roofing Fraud in Colorado

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