Pueblo’s housing market posted a solid start to the year in January. While the number of homes sold was down, overall spending was up as buyers focused on higher-priced properties, generally in the $200,000 to $300,000 range, according to Pueblo Association of REALTORS® data. The $33.6 million spent last month was up 7.7 percent from the $31.2 million spent in January...
When REALTORS® from across the state met earlier this month at the Colorado Association of REALTORS® annual Economic Summit, the message from economist Elliot Eisenberg was clear: Colorado's housing market continues to be plagued by an overall lack of inventory. The ripple effects on home buyers and sellers alike has remained the same for the past several years and the...
New Colorado Realty Association statistics show the median sale price for a single family home in Denver is $425,000, that's down more than 1 percent and townhouse/condo prices are down 12 percent. Association spokesperson Kelly Moye tells FOX31 several factors contributed to the shift, “With the elections and the stock market and the subsequent government shutdown, it never picked up.” Moye says...
The Boulder County housing market is slowing down. Data from the Colorado Association of REALTORS® suggests fewer single-family homes were sold last month compared to a year ago, as more inventory became available. Single-family home sales fell about 23 percent and new listings grew more than 4. 2 percent. "Consumer confidence is a bit shaky. That's what is causing a sluggish start,"...
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,...
EAGLE COUNTY — The local real estate market was essentially flat from 2017 to 2018. That's the sign of a strong market. But local brokers say the valley could use more homes to buy and sell. According to the Colorado Association of REALTORS®, the state in 2018 saw a slight decline in the number of homes sold. Eagle County saw that slight...
Any of us looking to buy a home in Denver would have to scrape together a down payment and worry about what interest rates will do. But only some of us might, as Michael Lunden did just a few years ago, have to read an email in which sellers balk at our offer because they don’t want a gay couple moving...
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...
Another busy year for home purchases in Pueblo County lost some steam in the second half as higher prices and tight inventory slowed buyers, according to 2018 sales data released by local and state REALTORS® groups. The trend matches one reported in many communities in Colorado and the nation. Last year “was a good year for the Pueblo market!” David Anderson,...
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...