Colorado Association of REALTORS | Residential Housing
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Residential Housing

Potential Change in GOP Tax Comes at a Cost

Changes in the tax code could have pricey implications for homeowners if the GOP Tax Proposal passes.  Cuts elsewhere are causing Congress to find other ways to make up the money.  One area they are looking to make up the money is taxes associated with real estate.   Currently, homeowners are encouraged to stay in their home for two years and are...

Pueblo Market Remains Hot Through the Cold Months

Despite cooler temperatures, Pueblo, Colorado is still experiencing the effects of the housing market as they remain active through the seasonal cool down and prices continue to rise month over month.   CAR's Housing Market Statistics showed that the median sales price for a single-family home rose from $184,600 in September to $190,110 in October.   Even though Pueblo is experiencing an increase in...

First-Time Homebuyers: YES YOU CAN Buy a Home in This Market

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...

Pueblo Colorado Listed in the Top 8 Communities for Retirement in the Nation

Pueblo Colorado, a hidden gem where those wishing to retire are flocking to live.  There are many factors to consider when planning your retirement.  The two most important include low-cost and desirability.  Pueblo Colorado has both of these qualities with the beautiful Rocky Mountain backdrop and it's ability to stretch your dollar farther than the major bustling cities can.   Dave Anderson, a real...

Colorado Leads the List in Top States for Investment Properties

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...

Marijuana Side Effects on Colorado Housing

Kelly Moye, a CAR spokesperson and a real estate broker at RE/MAX Alliance in Bloomfield, Colo. spoke with National Mortgage News about her views on the impact of the legalization of marijuana on the real estate market.  According to Kelly Moye, "we can see that it has absolutely affected our market".   Data shows that the legalization of marijuana initially affected the...

Housing Construction in Colorado on the Rise

Colorado's low inventory has caused frustration and a limitation on housing market growth.  Luckily, statistics show a major increase for residential building in areas across Colorado.  DODGE Data & Analytics reported that September construction starts in the metropolitan statistical area of Denver-Aurora, consisting of Adams, Arapahoe, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and Park in Colorado.   According to Dodge Data &...