Colorado Association of REALTORS | Sellers Market
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Sellers Market Tag

Aerial view of residential neighborhood with view of downtown Denver.

Home prices turn negative in two more metro Denver counties but home values still rising statewide

The Colorado Association of REALTORS® is confirming an earlier report from the Denver Metro Association of REALTORS® that metro Denver home prices suffered an annual decline in February.   That’s the first time that has happened since 2012. But with strong gains still piling up along the southern Front Range and in Mesa County, home prices statewide are still rising.   The median sales...

House owner/real estate agent giving away the keys - house out of focus

Single-family houses still hard to find as local market remains in midst of “sellers market”

The median selling price remained near $200,000 and the share of available single-family homes slipped as the Pueblo area's housing market stayed hot through August.   Last month's median selling price of $192,500 was up 10 percent from a year earlier, according to Colorado Association of REALTORS® data. In June, the median sales price jumped to $203,000, up 13 percent from the prior...

Neighborhood home with well groomed green grass.

U.S. Existing-Home Sales Rise in May Despite Tight Supply

U.S. Existing-Home Sales Rise in May Despite Tight Supply Sales increased 1.1% from April and the median sales price jumped 5.8%   Existing-home sales rose 1.1% in May from the prior month to a seasonally adjusted annual rate of 5.62 million, the National Association of REALTORS® said Wednesday. Economists had expected a modest decline from April. Compared with a year earlier, sales were...

Buyer Frenzy and Bad Decisions

“Number one, cash is king… number two, communicate… number three, buy or bury the competition.”  - Jack Welch One of America’s most prominent business executives, Jack Welch, uttered those words in May, 2009 during the depths of our country’s most recent recession.  He was discussing business strategies for companies to survive during what was, at the time, a very uncertain economic...