Colorado has many wonderful features that drive people to our state. The views are breathtaking with the states varying terrain, residents are able to experience all four seasons, and of course the adventures that are offered with our great outdoors. Colorado has a lot going for it. But did you ever think investment property was one of them? According to Markets Insider, Colorado...
Kelly Moye, a CAR spokesperson and a real estate broker at RE/MAX Alliance in Bloomfield, Colo. spoke with National Mortgage News about her views on the impact of the legalization of marijuana on the real estate market. According to Kelly Moye, "we can see that it has absolutely affected our market". Data shows that the legalization of marijuana initially affected the...
Colorado's low inventory has caused frustration and a limitation on housing market growth. Luckily, statistics show a major increase for residential building in areas across Colorado. DODGE Data & Analytics reported that September construction starts in the metropolitan statistical area of Denver-Aurora, consisting of Adams, Arapahoe, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park in Colorado. According to Dodge Data &...
Answers may not be known until spring season https://coloradorealtors.com/market-trends/ ENGLEWOOD, Colo. – Oct. 11, 2017 – While the first measurable snowfall of the season just hit Colorado’s front range, experts in Colorado’s real estate industry are already turning their attention to spring 2018 for potential answers to the growing list of questions surrounding the state’s residential real estate market. Traditional fall slowdowns are...
By CAR Spokesperson Matthew Leprino. Read the entire article on Colorado Biz Magazine. Like Charles Dickens’ fabled tale, Denver’s housing market remains conflicted in its ‘Tale of Two Cities,’ a lopsided story of condos and single-family homes. It would seem that with every dollar the single-family home’s median price rises, the demand for the condo market – tantamount to “entry-level” – rises...
CAR spokesperson Kelly Moye spoke with Next on 9News to discuss housing implications of Amazon building a second headquarters in the metro area. See the full story on 9News.com. DENVER - Gridlocked roads, high housing prices, crowded restaurants, disappearing beautiful scenery. It sounds like Denver, but it’s a description of Seattle, Amazon’s current headquarters. After Amazon announced it’s looking to build a second headquarters outside of Seattle...
Buyer interest remains however, low inventory, steady housing prices continue to dictate state’s housing market. ENGLEWOOD, Colo. – Sept. 13, 2017 – While the number of potential buyers in Colorado’s housing market remains strong, traditional seasonal cooling, coupled with low inventory and steady median housing prices across the state, are defining the fall market according to the monthly statewide housing report...
The rise in Pueblo West real estate is a combination of several factors, said Dave Anderson, a broker associate at Remax of Pueblo West who is also a member of the Board of Directors of the Pueblo Association of REALTORS® as well as the Southeast housing spokeperson for Colorado Association of REALTORS® "There is a lack of inventory," Anderson said, "as well...
Are They Illegal or Immoral? BY CAR GENERAL COUNSEL SCOTT PETERSON I am convinced that “Coming Soon” listings will forever be a source of REALTOR® frustration and confusion in the State of Colorado. Regardless of the market cycle, transaction velocity or geographic location, I hear frequently from our members about the “Coming Soon” rider occasionally (often?) seen on broker signs in a...
What will homebuyers sacrifice just to get in on a piece of the action? BY CAR SPOKESPERSON MATTHEW LEPRINO The Denver real estate market has recently become a hotbed of conflicting cause-and-effect discussion. Our condominium regulations (construction defects reform) have gained national attention, while our scorching home prices seem unstoppable to everyone except those who worked and survived the 2008 market. Instantaneous...