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November 17, 2017
Lack of inventory and massive year-over-year gains in the price of entry-level homes are not the only factors preventing prospective first-time homebuyers into taking the leap towards homeownership. According to NAR's 2017 Profile of Home Buyers and Sellers Speak report, first-time homebuyers are struggling to afford the costs that come with purchasing a home. In fact, 1 in 3 first-time...
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November 10, 2017
ENGLEWOOD, Colo. – Nov. 10, 2017 – From the continued roar of Denver’s urban core, Boulder and Broomfield County to the seasonal leveling off of markets across the state, Colorado REALTORS® continue to closely monitor market conditions detailed in the October 2017 statewide housing report from the Colorado Association of REALTORS® (CAR).
Key findings from the October 2017 research data
Denver metro...
Posted on
November 6, 2017
The housing market for Logan/Sterling county remains active and on the rise. The county showed a decrease in the third quarter median sales price for 2017 when compared to 2016. This decrease is not a sign of a slow down, but rather outside factors that are affecting the statistics for this market.
Sales volumes in Logan county have also decreased from last year,...
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November 1, 2017
Much like the rest of the state Westminster, Colorado has seen a jump in its real estate with the median home price increasing from $345,750 in 2016 to $350.00 currently. This boost is expected to only increase as Westminster has become an affordable option for those looking to settle in between Boulder and Denver. A consequence of this fast-growing housing...
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October 31, 2017
Colorado has many wonderful features that drive people to our state. The views are breathtaking with the states varying terrain, residents are able to experience all four seasons, and of course the adventures that are offered with our great outdoors. Colorado has a lot going for it. But did you ever think investment property was one of them? According to Markets Insider, Colorado...
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October 12, 2017
Everyone is expecting a cliff at the end of the market’s rise, but what appears to be occurring instead is a leveling off in the Denver real estate market
We all know the Bavarian Yodeler bit on ‘The Price is Right’ – where the little guy climbs higher and higher on the mountain as the audience’s hum turns to a rumble....
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August 10, 2017
July housing data delivers mixed bag across Colorado
ENGLEWOOD, Colo. – Aug. 10, 2017 – While Colorado’s housing market remains extremely hot, seasonal factors contributed to create a mixed bag of results in Colorado’s housing market activity in July, according to the monthly statewide housing report from the Colorado Association of REALTORS® (CAR).
Despite decreases in new (-14 percent), active (-3.5) and...
Posted on
February 14, 2017
Key findings from the January research report include:
Record-low inventory still dominates Colorado market
42 percent increase in January 2017 new listings over December 2016
Sold listings down 28 percent in January due to record-low inventory
Active listings remain at historic lows
Denver Metro area has just over one-month inventory supply – less than one month for condos and townhomes
ENGLEWOOD,...
Posted on
January 12, 2017
Market playing out low inventory, high demand theme.
While the median price of a Colorado home remained flat in December 2016 at $315,000, buyers and sellers experienced a 10 percent increase in the median sales price over the course of the year, according to the latest statewide housing report from the Colorado Association of REALTORS® (CAR). With a median sales price...
Posted on
December 13, 2016
Despite typical seasonal and market factors, strong demand and record low inventory keep median sales prices for single-family homes flat while condo/townhouse prices reach a new high.
While temperatures across Colorado remained more summer-like than fall throughout November, traditional seasonal real estate market slowdowns were met head-on by strong consumer demand and a continued shortage of inventory, according to the latest...