Its active inventory is By Matthew Leprino It seems you can’t open a social media app or tune into local news without hearing about the lack of options for homebuyers these days. Denver is facing big city problems as it continues to grow into that role. Along with pressure on developers to turn over quality products – and quickly – the prices, oh,...
Colorado is currently in the running of the 20 finalist cities that could become the new home for Amazon HQ2 second headquarters. While there is excitement about this potential opportunity there is also concern. Colorado's housing market is already strained and if Amazon chooses Colorado the strain could worsen. Kelly Moye a Colorado Association of REALTORS spokesperson had this to...
Homebuyers facing inventory supply levels never before seen in Colorado ENGLEWOOD, Colo. – Feb. 12, 2018 – Housing affordability, a popular discussion from renters to REALTORS®, elected officials to economists, and many others across our state, is taking a back seat to the real housing conversation across most of Colorado – availability – or the lack thereof, according to the latest...
"It's a sellers market" will be a phrase we will continue to hear throughout Colorado as a state. Garfield County recently received year-end reports from the Colorado Association of REALTORS market trends and statistics report distributed by the Glenwood Springs Association of REALTORS. Year-end reports showed new listings increased 1.5% for single-family homes with an increase of median home sales...
The passing of the construction-defect bill was a big win for Colorado and the housing market. A big win indeed, but challenges still remain. Some of these challenges include high insurance premiums from the previous years of lawsuits related with condominium builds. These continued challenges have large builders still weary to begin projects in the state. This leaves small local builders...
A look at Denver's 2018 housing market Article from ColoradoBiz By Matthew Leprino, CAR Spokesperson We have reached cruising altitude. You are free to use your portable electronic devices, or … so we thought. As 2018 succeeds a year of upward evolution for Denver’s real estate market, we must be cautious before removing the fasten seat belt sign and watch for items that...
Median sales prices rise 10 percent in back-to-back years lack of inventory a consistent theme statewide ENGLEWOOD, Colo. – Jan. 11, 2018 – From the Denver metro area’s urban core and suburbs, to smaller communities across the state, Colorado’s housing market experienced back-to-back years of 10 percent bumps in the median sales price of a single-family home as record low inventory...
The world of real estate can seem overwhelming and daunting to a prospective first-time home buyer. It is for this reason, that REALTORS® hold such an important role for those looking to purchase a home. Whether the client is a first-time buyer or a family looking to purchase a second home, a REALTORS® knowledge helps guide buyers down the path...
ENGLEWOOD, Colo. – Dec. 12, 2017 – With a significant decline in new listings and active listings continuing to define a low inventory market across the metro area and the entire state, median home prices are holding their own, according to the latest housing report from the Colorado Association of REALTORS® (CAR). With limited new housing starts, the record low inventory...
Despite cooler temperatures, Pueblo, Colorado is still experiencing the effects of the housing market as they remain active through the seasonal cool down and prices continue to rise month over month. CAR's Housing Market Statistics showed that the median sales price for a single-family home rose from $184,600 in September to $190,110 in October. Even though Pueblo is experiencing an increase in...