Pueblo’s housing market posted a solid start to the year in January. While the number of homes sold was down, overall spending was up as buyers focused on higher-priced properties, generally in the $200,000 to $300,000 range, according to Pueblo Association of REALTORS® data. The $33.6 million spent last month was up 7.7 percent from the $31.2 million spent in January...
ENGLEWOOD, CO. – Feb. 12, 2019 – When REALTORS® from across the state met earlier this month at the Colorado Association of REALTORS® annual Economic Summit, the message from economist Elliot Eisenberg was clear: Colorado’s housing market continues to be plagued by an overall lack of inventory. The ripple effects on home buyers and sellers alike has remained the same...
Despite market trend predictions from experts and economists of a possible downward shift in real estate in 2019, the Colorado Association of REALTORS® doesn’t expect that to be the case for all of Colorado. While there was an increase in listings statewide in the second half of 2018, new listings went down in December with 3,868, down 36.5 percent from the...
A strong spring in many markets across Colorado could contradict some reports of a slowing market in 2019 ENGLEWOOD, CO. – January 11, 2019 – 2018 was a year of tremendous contrasts across most Colorado markets, giving both sellers and buyers opportunities to take advantage of ever-changing market conditions, according to the latest monthly market trends data from the Colorado Association...
The city leads the state for employment growth in 2018 and 2019, thanks to diversity in business, age, health care, cybersecurity. Lower housing prices have definitely attracted Denver buyers willing to brave the commute, said Donna Major, current chair of Pikes Peak Association of REALTORS®. On average, homes in the Colorado Springs region cost about a third less than houses in...
We have reached cruising altitude By Matthew Leprino You know the moment; you’re about 15 minutes into your flight - you’ve grabbed your tablet or magazine and are settling in to your voyage. The seatbelt light is still on and the pilot has yet to make the obligatory ‘we’ve reached cruising altitude’ message but you can feel the leveling out as you...
Holiday and seasonal slowdowns combine to create more opportunities, less stress for homebuyers across the state ENGLEWOOD, CO. – Dec. 12, 2018 – Despite the start of the typical seasonal and holiday slowdown in the housing market, median sales prices continued to tick upward while inventory supply and active listings continued to deliver mixed results in markets across much of the state...
Affordability Index Retrospect Index Over Time Shows a Complex Story Behind Affordability Issues in Colorado By Matthew Leprino You aren’t wrong. Living in Colorado isn’t exactly ‘affordable’ these days. Our incredible State has been evolving for some time now and the potency of that change is no clearer than in the lack of affordability of our real estate market. A relatively new statistic...
The Housing Affordability Index across Colorado is at its lowest point since the Colorado Association of REALTORS® started the measurement in January 2010, according to a Monday press release from the organization. Looking at both the seven-county metro area and statewide markets, affordability is down 18 percent from this time last year for single-family homes and 20 percent for condos/townhomes, the...
ENGLEWOOD, CO. – Nov. 12, 2018 – With a continuation of the typical seasonal slowdown across most of Colorado’s local housing markets in October, overall affordability appears to be taking center stage as median housing prices continue to increase fueled by reduced inventory, an uptick in interest rates, and the median income of potential homebuyers, according to the latest monthly...