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...
ENGLEWOOD, CO. – Nov. 12, 2018 – With a continuation of the typical seasonal slowdown across most of Colorado’s local housing markets in October, overall affordability appears to be taking center stage as median housing prices continue to increase fueled by reduced inventory, an uptick in interest rates, and the median income of potential homebuyers, according to the latest monthly...
The Colorado housing market has been running at hyperspeed over the past several years, despite some of the country's worst affordability in Denver and beyond. But things may finally be on the cusp of change. According to a new report from the Colorado Association of REALTORS® , sales of single-family homes, townhouses and condominiums fell dramatically in September. The number of single-family homes purchased dipped by a striking 14.6...
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...
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, Colo. – Oct. 10, 2018 – Colorado homebuyers may be feeling a little bit of relief as a combination of seasonal and market factors have helped to slow down the fast-paced, over asking price sales and hold steady or even drop the median sales price in many parts of the metro area and state. Yet, some of the state’s...
Heat in the morning, AC by noon - Denver’s Market isn’t a 'set and forget’ just yet By Matthew Leprino Like the climate control in your car, the climate of home buying season in Denver can change on a dime. Like its namesake, sometimes we skip spring altogether and head right for the 90s while every now and then, our summer flowers...
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...
The red-hot housing market in Pueblo and other Colorado communities shows more signs of leveling or, possibly, starting to cool. "An early peak housing season (in April and May) has been met with an earlier than normal seasonal slowdown as buyer and seller behavior is changing amid the latest market conditions," the Colorado Association of REALTORS® said Friday in releasing the...
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, Colo. – Aug. 10, 2018 – An early peak housing season – April/May – has been met with an earlier than normal seasonal slowdown as buyer and seller behavior is changing amid the latest market conditions, according to the July 2018 statewide housing data from the Colorado Association of REALTORS® (CAR). With enough evidence building to demonstrate a change is...