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February 12, 2018
“This will bring our economy to a halt. You don’t bring affordability to a market by reducing supply,” Scott Thorson, the Chief Operating Officer at Oakwood Homes, said at the Colorado Association of REALTORS®’ Economic Summit on Wednesday in Denver.
Ballot initiative No. 66, which is awaiting a review from the Colorado Supreme Court, would limit permits for homes and apartments...
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February 2, 2018
"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...
Posted on
January 30, 2018
Senate Bill 18-015: Protecting Homeowners and Deployed Military
SB18-015, sponsored by Senators Gardner (R-Colorado Springs) and Hill (R-Colorado Springs) and Representatives D. Williams (R-Colorado Springs) and Liston (R-Colorado Springs), allows for the removal of an unauthorized person (trespasser) from a residential property within 24 hours based on an affidavit from the true property owner. The rightful property owner is subject to...
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January 25, 2018
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...
Posted on
January 23, 2018
Lack of inventory. It's a trending topic in real estate that we can't seem to get away from. As we begin the year of 2018 we look back on the year of 2017 to predict and anticipate the real estate market for the upcoming year. Everyone is wondering what the lack of inventory that plagued the Colorado real estate market in...
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January 19, 2018
As the housing market continues to climb so do the prices. Longmont and Boulder are witnessing this rise in the market and with it the median sales price. Kelly Moye a Colorado Spokesperson had this to say about 2017, "It was an unbelievable year,". Indeed it was. For single-family homes the median sales price increased 11% in Longmont and 1.2%...
Posted on
January 17, 2018
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...
Posted on
January 11, 2018
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...
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December 20, 2017
With the struggles of low inventory, news about a condo development in the works is exciting news for those in the real estate world. It's with great anticipation that a new development is coming to Denver in the LoHi neighborhood. This development will be condos ranging in size and price and is the first development in the area from Alpine...
Posted on
December 18, 2017
Recently released statewide statistics reveal that Pueblo, Colorado is active and has yet to shown signs of a typical seasonal cool down.
"We continue to have a very strong seller's market because of low inventory. However, our local agents believe inventory will increase in 2018," Dave Anderson, a RE/MAX Pueblo West agent and CAR spokesperson said in a statement accompanying the...