Home sales aren't just slumping big in metro Denver, they are dropping across much of Colorado and in what were some of the hottest markets in the country. Existing home sales in the United States fell 3.4% in August from September to a seasonally adjusted annual rate of 5.15 million. Year-over-year, they are down 4.1%, according to an update Friday from...
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, Colo. – Oct. 10, 2018 – Colorado homebuyers may be feeling a little bit of relief as a combination of seasonal and market factors have helped to slow down the fast-paced, over asking price sales and hold steady or even drop the median sales price in many parts of the metro area and state. Yet, some of the state’s...
By Matthew Leprino The change you’ve been waiting for is here, but it may not be the one you’ve been expecting. Since 2008 and the subsequent recovery, many have been on the edges of their seats waiting for the doom, gloom and yes, opportunity that another bust may bring. Any sign of a change would be welcome as the market and the corresponding...
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, Colo. – Aug. 10, 2018 – An early peak housing season – April/May – has been met with an earlier than normal seasonal slowdown as buyer and seller behavior is changing amid the latest market conditions, according to the July 2018 statewide housing data from the Colorado Association of REALTORS® (CAR). With enough evidence building to demonstrate a change is...
Home sales totaled 1,592 in July, a 3.3 percent drop from the same month last year, says the latest report by the Pikes Peak Association of REALTORS®. Monthly home sales haven’t increased on a year-over-year basis since February. Through the first seven months of 2018, home sales totaled 9,296, a slight, 0.1 percent gain over the same period last year, the...
DENVER -- Denver and Colorado Springs — are we rivals or friends? And which city is better to live in? Several recent surveys are giving the nod to Colorado Springs. U.S. News and World Report ranked Colorado Springs as the second-best place to live in 2018, and the most desirable city in the country. Meanwhile, Denver was ranked as the third-best place to live and...
Indeed, Denver's popularity is reflected in the ever-increasing cost and competitiveness of buying a home in the metro area BY MATTHEW LEPRINO There are only so many Top 10 lists those of us who adore our city can read. I find myself silently saying “Tell me something I don’t know,” whenever I read one. Sure, Denver is, one of the best place to live in...
FOR IMMEDIATE RELEASE Summer slowdown or shift in the housing market? https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, Colo. – July 12, 2018 – With median and average sales prices continuing to rise due to ongoing inventory issues, other key measurements of the housing market have buyers, sellers and REALTORS® asking the same seasonal question; is this the typical summer slowdown or are we seeing a shift in...