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...
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...
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....
DENVER -- Experts said Denver's housing prices are down about 4 percent this fall, part of a seasonal market compression customary for this time of year. Kelly Moye with the Colorado Association of REALTORS® said Denver's housing market goes through a compression every fall. She said properties sell quickly from January through late June and then slow in July and August. "July...
Garfield County stands as a bright spot in the Colorado real estate market, which is dipping across the state, but the strong sales numbers may not last long. ### The number of Garfield County single-family home listings sold in September rose 5.9 percent compared to September 2017, while statewide single-family home sales dipped 15.2 percent in the same period. ### “The overall September numbers...
Buyers and Sellers Teeter-Totter in Evolving Housing Market Buyers are beginning their hunts ahead and quieting down earlier than previous years BY MATTHEW LEPRINO Published: 2018.10.22 03:00 PM Like a schoolyard teeter-totter, there are always two forces volleying for control in any real estate transaction. On the left, you have the buyer’s control – always a force but sometimes lagging behind that of the seller...
ENGLEWOOD — With one of the most destructive wildfire seasons in state history burning homes and endangering communities, the Colorado Association of REALTORS® has teamed up with the Rocky Mountain Insurance Information Association and other state wildfire prevention and insurance stakeholders to create a consumer-focused Colorado Property and Insurance Wildfire Preparedness Guide. Digital and hard-copy guides featuring best practices in wildfire...
Probably one of the most surprising facts about pot grows and home buying is that a seller doesn't need to disclose that the house ever had marijuana growing inside of it - all because owning the plant is technically legal in the state. The DEA says it's finding more illegal grow homes in the Denver Metro area since they started tracking...
Landlords can control the lease rates they charge for commercial properties, but one thing they can’t control is the triple nets. And though commercial lease rates haven’t gone up significantly, triple nets have, meaning that while tenants are paying more for office, warehouse and retail space, their landlords aren’t generating more profits. In the case of a gross lease, the landlord takes...
In the state’s second largest city, home prices have jumped 44 percent in the last 5 years. The Colorado Springs real estate market is the second most active in the country, according to Attom Data Solutions which tracks how many people are moving in an area. “It is good to be an agent at this time. It’s always good to be...