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...
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...
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...
Market conditions result in record high median pricing levels in both Denver metro area and state as low inventory dominates housing discussion. ENGLEWOOD, Colo. - March 12, 2018 - While housing hope springs eternal, inventory statistics across the state paint a different picture and have resulted in numerous record-high median pricing levels in Denver and across the state, according to the...
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...
SmartAsset’s latest study on the best housing markets for growth and stability showed three Colorado metro areas ranked in the top 10. Based on the data pulled for this analysis, they concluded that Colorado as a whole was a great place for people wanting to own homes. Colorado's average effective property tax rate (0.58%) is among the lowest rates in...