Colorado Association of REALTORS | housing market
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housing market Tag

Denver’s Housing Inventory is Not the Problem

Its active inventory is By Matthew Leprino   It seems you can’t open a social media app or tune into local news without hearing about the lack of options for homebuyers these days. Denver is facing big city problems as it continues to grow into that role.   Along with pressure on developers to turn over quality products – and quickly – the prices, oh,...

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Capitol Connection – February 23, 2018

Senate Bill 18-109: Authorize Audio-Video Communication Notarial Acts SB18-109, sponsored by Senator Gardner (R-Colorado Springs), Representative Garnett (D-Denver), and Representative Wist (R-Centennial) allows notaries public to perform notarial acts using audio-visual communication. The process is called remote notarization and it's similar to a skype or face-time type of interaction where there is audio and video communication between the notary and the...

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Capitol Connection – February 16, 2018

House Bill 18-1227: Real Estate Commission Flexibility in License Period HB18-1227, sponsored by Representative Herod (D-Denver), Representative Wist (R-Centennial), and Senator Cooke (R-Greeley), is a clean-up bill to the real estate sunset from 2017.  In the sunset bill, the expiration date of real estate licenses changed from an anniversary date to a calendar renewal on December 31st of the third year...

Amazon HQ2 Headquarters Creates Concern for the 20 Finalist Cities

Colorado is currently in the running of the 20 finalist cities that could become the new home for Amazon HQ2 second headquarters.  While there is excitement about this potential opportunity there is also concern.  Colorado's housing market is already strained and if Amazon chooses Colorado the strain could worsen. Kelly Moye a Colorado Association of REALTORS spokesperson had this to...

How low can you go?

Homebuyers facing inventory supply levels never before seen in Colorado   ENGLEWOOD, Colo. – Feb. 12, 2018 – Housing affordability, a popular discussion from renters to REALTORS®, elected officials to economists, and many others across our state, is taking a back seat to the real housing conversation across most of Colorado – availability – or the lack thereof, according to the latest...

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Capitol Connection – February 9, 2018

Another Economic Summit and REALTOR® Day at the Capitol is in the books! Thank you to all our members and colleagues who attended CAR's Economic Summit and REALTOR® Day at the Capitol!  We had a busy two-day event with over 250 REALTORS attending from across the state! The Economic Summit was highlighted by a panel discussion that focused on the newly...

Real Estate Market Active Across the State

"It's a sellers market" will be a phrase we will continue to hear throughout Colorado as a state.  Garfield County recently received year-end reports from the Colorado Association of REALTORS market trends and statistics report distributed by the Glenwood Springs Association of REALTORS.  Year-end reports showed new listings increased 1.5% for single-family homes with an increase of median home sales...

The Colorado housing market keeps going up, up and up! 

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%...

Keep Your Seat Belts Fastened

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...