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Housing affordability hits lowest point for Colorado markets

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...

A home under construction sits for sale in the Banning Lewis Ranch development on the east side of Colorado Springs. CHRISTIAN MURDOCK, THE GAZETTE file

Colorado Springs-area home supply hits 2-year high

The number of Colorado Springs-area homes for sale climbed to a two-year high last month, a sign that buyers finally might be in a better position in a housing market that’s favored sellers for the last few years, some real estate agents say.   In August, 2,416 single-family and patio homes were listed for sale, a nearly 6 percent increase over the...

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Citing Housing Shortage, Builders Push for Friendlier Laws

Citing Housing Shortage, Builders Push for Friendlier Laws   The real-estate industry argues laws making it easier for homeowner associations to sue over alleged shoddy construction drive up insurance costs and builders’ expenses   Construction at the Regional Transportation District’s Westminster Station in Metro Detroit in early July 2016. While home prices have risen at a double-digit rate for three years, the head of...

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Fort Collins residential sweet spot up to $400K

Fort Collins residential sweet spot up to $400K   Pat Ferrier , 8:00 a.m. MT June 2, 2017   Homes selling for less than $400,000 being snapped up in days   Buy Photo (Photo: Austin Humphreys/The Coloradoan)   This story may sound like a broken record. Home prices in Fort Collins' white-hot market continue to escalate, pushed by the convergence of low inventory leading, increased competition, and an explosion of people...

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With investment, Colorado’s Mile High Community Loan Fund tackles affordable-housing crisis

With investment, Colorado's Mile High Community Loan Fund tackles affordable-housing crisis   News provided by: BBVA Compass 24 May, 2017, 12:52 ET    To view this story in it's entirety, click here.   - BBVA Compass increases equity equivalent investment to $3.3 million in organization, which gives developers access to capital they need to build more affordable housing  - Rising home prices, booming population contributing to statewide...

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Local housing market grows tighter

Local housing market grows tighter   By DENNIS DARROW | | Dennis Darrow | May 19, 2017 Updated May 20, 2017     [caption id="attachment_23707" align="alignleft" width="294"] GOODThe percent of people who plan on buying a home by age group.[/caption] The Pueblo area housing market remains hot -- and the supply of available homes continues to shrink.   Building on the gains of the past two years, home...