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...
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,...
ENGLEWOOD, CO. – Feb. 12, 2019 – 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...
The Colorado Association of REALTORS has pegged 2018 as a year of "tremendous contrasts" across the state. Down to the zip code, location mattered as much as anything else. While some experts and economists have predicted a downturn in 2019, evidence of softening real estate markets was not universal across the state, according to the association. ### In Summit County, the total...
Despite market trend predictions from experts and economists of a possible downward shift in real estate in 2019, the Colorado Association of REALTORS® doesn’t expect that to be the case for all of Colorado. While there was an increase in listings statewide in the second half of 2018, new listings went down in December with 3,868, down 36.5 percent from the...
A strong spring in many markets across Colorado could contradict some reports of a slowing market in 2019 ENGLEWOOD, CO. – January 11, 2019 – 2018 was a year of tremendous contrasts across most Colorado markets, giving both sellers and buyers opportunities to take advantage of ever-changing market conditions, according to the latest monthly market trends data from the Colorado Association...
We have reached cruising altitude By Matthew Leprino You know the moment; you’re about 15 minutes into your flight - you’ve grabbed your tablet or magazine and are settling in to your voyage. The seatbelt light is still on and the pilot has yet to make the obligatory ‘we’ve reached cruising altitude’ message but you can feel the leveling out as you...
Holiday and seasonal slowdowns combine to create more opportunities, less stress for homebuyers across the state ENGLEWOOD, CO. – Dec. 12, 2018 – Despite the start of the typical seasonal and holiday slowdown in the housing market, median sales prices continued to tick upward while inventory supply and active listings continued to deliver mixed results in markets across much of the state...
A study that found building net-zero homes costs not much more than standard homes changed the trajectory of a Pueblo housing project. Now, more than 5,000 net-zero ready homes are proposed for Colorado. Pueblo has seen an uptick in new residents moving in from the Front Range looking for a home that’s “a little less expensive,” said Scott Hobson, an assistant...