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New Listings and Sales Improve From March to April

Weak inventory challenging to both buyers and sellers. There were more new listings and sales of both single-family homes and condominiums/townhouses in Colorado in April than in March but both categories still lagged significantly behind a year ago according to statistics announced today by the Colorado Association of REALTORS (CAR). Single-family home listings increased 11 percent to 10,725 and sales improved by...

Home Sales Improve During First Quarter of 2016

Steadily Rising Prices Making Homes Less Affordable For Some. During the first quarter of 2016 (January, February and March) most areas of Colorado saw an increase in the number of both single-family homes and condominiums/townhouses sold compared to the same time period in 2015.  The 15,742 single-family homes sold were an increase of 5 percent over the first quarter of 2015...

HGTV Seeks Home Flipping Duos to Host New Show

Calling all real estate professionals, contractors, builders, designers and more! Are you or someone you know an experienced home flipping duo? Do you and your partner have a dynamic chemistry with outstanding personalities to match? HGTV is seeking home flipping duos who renovate and sell multiple homes per year (ten per year). We're casting all combinations of duos from husbands and...

Zoomed in hands holding a paper cut out of a home.

Houses Appraising for Less Than Selling Price

It is a common problem lately in the Denver Metro area, which has seen a decrease in housing inventory and an increase in demand. "There are not enough houses, especially more affordable homes," said Kelly Moye with the Colorado association of REALTORS. "First time homebuyers who don't have a lot of cash are hit the hardest." Watch the 7News Story:   Moye said bidding...

Family with children moving boxes into their new home with excitement.

More Latinos Buying Homes According to NAHREP Report

Despite tight conditions, Latinos see net increase of 245,000 owner households. The Hispanic Wealth Project, in collaboration with the National Association of Hispanic Real Estate Professionals (NAHREP), revealed data today in their State of Hispanic Homeownership Report that shows an increase in both Hispanic homeownership rates and in the number of owner Hispanic households while overall U.S. homeownership rates have declined...

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Tips for Helping Consumers with a Down Payment

According to a Consumer Reports national homeownership survey, more than one-third of millennial respondents said they didn’t own a home because they hadn’t saved enough for a down payment. For many, high rental costs and student debt make it difficult to save for a down payment. Consumer Reports highlights down payment savings strategies, including finding a no-interest loan or homeownership program...

Legalize It – Real Estate and Pot in Colorado

(This is the second part of a two-part series on Colorado’s unique marijuana laws and their impact on real estate, property rights and the business of REALTORS®. In the November issue, I covered the uncertain status of Colorado’s state marijuana laws in relation to federal drug law and the implications on property ownership. In Part Two below, I will address...

Littleton Ranks Second Best Small City in the U.S.

According to a new WalletHub study, the city of Littleton is the second-best city in the United States. Affordable housing costs, high home-ownership rates, comfortable cost-of-living, and access to education and healthcare resulted in a high quality of life, giving Littleton its impressive ranking. WalletHub looked at 1,268 small cities across the country, or those with populations between 25,000 to...

Does Homeownership Matter?

You bet it does!  At the most basic level, it provides shelter and security to families.  But, there is a lot more to it than that, and here are some facts about homeowners from the National Association of Realtors, Federal Reserve Board, and the US Census Bureau: They are more likely to vote, They volunteer their time more frequently for charitable causes, They...