Home sales and prices in Denver slipped lower from June to July. But was that just the chain jerking on a roller coaster still headed higher or a housing market cresting its peak and about to send passengers on a wild ride? “It is typical to have a seasonal slowdown every summer, but this summer has been slower than most and...
July housing data delivers mixed bag across Colorado ENGLEWOOD, Colo. – Aug. 10, 2017 – While Colorado’s housing market remains extremely hot, seasonal factors contributed to create a mixed bag of results in Colorado’s housing market activity in July, according to the monthly statewide housing report from the Colorado Association of REALTORS® (CAR). Despite decreases in new (-14 percent), active (-3.5) and...
Across all of Colorado, there are 30 percent fewer homes for sale across state than one year ago. Active and new listings rise but strong sales, low inventory continue to shape seller’s market. Key findings from the June 2017 research report include: Peak summer housing market sees median sales prices for single family homes in the metro region, as well as statewide,...
Across Colorado, there were 20,100 active residential listings available on the market at the end of May, according to a report Monday from the Colorado Association of REALTORS. That represents a 32 percent drop in the active inventory of homes for sale versus a year ago, with about 10,500 fewer single-family homes and 2,100 fewer condos available for sale. Sellers showed...
Key findings from the May 2017 research report include: New and active listings in May were up approximately 10 percent across the state over the prior month. However, year-over-year active listings are down more than 32 percent. Median sales price for a single-family home in the Denver metro area inched slightly higher in May to hit another record high: $407,000. ...
Is Fort Collins in a Housing Bubble? [caption id="attachment_23846" align="alignnone" width="300"] JIM HILL / KUNC[/caption] There are several factors that have to be in play for a housing bubble to exist. The inventory needs to outweigh the demand — too many houses on the market — which will lead to dramatic price drops. “In our case, the cities and counties are holding [builders]...
This article is posted in the Colorado Springs Business Journal and was posted by Cameron Moix on February 14, 2017. The Colorado Association of Realtors recently released its “Monthly Market Statistical Report,” which found that a record-low inventory continues to dominate the Colorado housing market. According to the report, active listings across the state remain at historic lows despite the fact that...
Key findings from the January research report include: Record-low inventory still dominates Colorado market 42 percent increase in January 2017 new listings over December 2016 Sold listings down 28 percent in January due to record-low inventory Active listings remain at historic lows Denver Metro area has just over one-month inventory supply – less than one month for condos and townhomes ENGLEWOOD,...
Market playing out low inventory, high demand theme. While the median price of a Colorado home remained flat in December 2016 at $315,000, buyers and sellers experienced a 10 percent increase in the median sales price over the course of the year, according to the latest statewide housing report from the Colorado Association of REALTORS® (CAR). With a median sales price...
As a first-time homebuyer, you have a lot on your mind. But, location and price are likely at the top of the list. So, where can you put down your roots without breaking the bank? Taking a look at three top categories — affordability, livability and price stability—NerdWallet ranked the best places for first-time homebuyers nationwide. Centennial, Colorado ranked 8th nationwide...