The Boulder County housing market is slowing down. Data from the Colorado Association of REALTORS® suggests fewer single-family homes were sold last month compared to a year ago, as more inventory became available. Single-family home sales fell about 23 percent and new listings grew more than 4. 2 percent. "Consumer confidence is a bit shaky. That's what is causing a sluggish start,"...
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,...
EAGLE COUNTY — The local real estate market was essentially flat from 2017 to 2018. That's the sign of a strong market. But local brokers say the valley could use more homes to buy and sell. According to the Colorado Association of REALTORS®, the state in 2018 saw a slight decline in the number of homes sold. Eagle County saw that slight...
By Greg Johnson, Calibrate Real Estate After six years of steady growth, in 2018 the Central Denver apartment market flattened out. See report by clicking here. Nearly 1,000 units were sold in 34 transactions, and the average price per unit was $182,938, a slight decrease from 2017’s average of $185,316. We calculate the average price per unit annually from Central Denver...
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...
Any of us looking to buy a home in Denver would have to scrape together a down payment and worry about what interest rates will do. But only some of us might, as Michael Lunden did just a few years ago, have to read an email in which sellers balk at our offer because they don’t want a gay couple moving...
Cañon City, Colorado was just named as one of the top six finalists in the running to win a $500,000 revitalization grant for six of its small business and to be featured on season 4 of “The Small Business Revolution” series on HULU. Cañon City is the only Colorado city left in the competition. Please reach out to all of...
It is with great sorrow that we share the news of the passing of Jim Gale. Jim was a valued member of the CAR family serving as President in 1978. Jim’s service to the Real Estate community as the broker of Gale & Co., a REALTOR® for over 50 years, Past President of the Grand Junction Area REALTORS®, board member of...
Article Provided by Xcel Energy. When heading into a new year, many people make resolutions to get themselves or their finances in tip-top shape. Why not set some resolutions to get your house in better shape this year? Here are five HVAC-related resolutions for you to consider in 2019. Schedule an annual preventive maintenance tune-up A check up on your furnace...
According to figures provided by the Colorado Department of Regulatory Agencies, there are 44,000 licensed real estate agents in the state – and 37,000 homes listed on the MLS – meaning agents greatly outnumber the homes they’re trying to sell. What’s more, 87 percent of real estate agents leave the business in their first several years. Couple that with rising interest...