The size of the iBuying market in Denver will depend on the desire for that convenience, industry leaders say. Matthew Leprino, with the Colorado Association of REALTORS®, says he’s heard chatter that iBuying could reach as high as 25% of the market in the coming years. “But there are also people who think this is just a flash in the pan...
Denver’s 2019 elections have become a referendum on development, with Mayor Michael Hancock defending his handling of the city’s rapid urban growth. The debate has produced some major questions about development, housing and money. Here are some answers. Are housing prices slowing down? Yes. The pace of increases for rent and sale prices has slowed down lately. The median single-family home in...
With ice on the ground and a car so dirty you aren’t sure you can take it anymore, it’s hard to imagine that the end of winter is near. Soon we’ll be lined up at car washes rinsing the salt from the side panels only to discover the collateral damage the season has taken on our cars, not to mention...
Kiss those years of double-digit annual home price gains goodbye. Depreciation has made a comeback in Boulder, Denver and Douglas counties, foreshadowing more widespread declines in the months ahead, according to a report Tuesday from the Colorado Association of REALTORS®. “We are seeing a ton more properties come on the market, but not an increase in the number of sales,” said Matthew Leprino,...
Zillow, a company best known for real estate listings and home worth estimates, is trying to lessen the stress for sellers by getting into the home buying business. It's called Zillow Offers. The idea is to make it as convenient as possible for the seller. "They're a terrific choice for some people, but we've heard they're not buying every house," said...
By Matthew Leprino January 2019 There is little that markets like less than uncertainty, be it real estate, or otherwise. So when a segment of the population isn’t working, and worse, when they aren’t spending money, uncertainty grows and creates a ripple effect throughout our economy. As the partial government shutdown nears ever closer to a month, the likelihood that it will...
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...
When it comes to home inspectors, the amount of government oversight varies between states. Colorado is one state that chooses not to regulate home inspectors, meaning it's up to buyers and sellers to do their homework. There are buyers themselves, facing fierce competition and skipping inspections altogether in Colorado. "Unfortunately, I have seen that happen," said Matthew Leprino with the Colorado Association...
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...
Matthew Leprino, REALTOR® and spokesperson for CAR, shares insight on purchasing a home in Denver with 9News. He discusses changes in the qualification process over the years, how much money to put down on a home, "do's and don't's," and advice for social media. ### Video originally posted on 9News.com. Their website can be accessed by clicking here....