Colorado Association of REALTORS | Consumer Awareness
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Consumer Awareness

August Market Trends: Signs of a Shifting Market? Homes in Colorado Are More Affordable But Taking Longer to Sell

Regional and Statewide Statistics Contact:  Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Sept. 12, 2019 – Still far from what would be defined as balanced, Colorado’s residential housing data continues to show signs that markets are shifting, according to the latest monthly market data from the Colorado Association of REALTORS®. Despite three-year lows on interest rates...

Colorado Leads The Nation As Most Desirable State To Move To

A recent poll put out by porch.com says Colorado is “the most desirable location”. The survey asked US citizens what state they would most like to move to. Colorado beat out Hawaii and California. The poll also shows that "Colorado (almost 56 percent), Hawaii (51 percent), and California (50 percent) ranked as the states most worthy of relocation." A REALTOR® said she gets a...

Seminar Meeting Office Working Corporate Leadership Concept

Apply Today to Participate in CAR’s 2020 Leadership Academy

"The Leadership Academy was a great experience to go through. I learned so much, including things that were not on my radar. I had the opportunity to connect with other REALTORS® across the state and also look at the bigger picture on the state level." -Natalie Davis, South Metro Denver Assocation of REALTORS® CAR Leadership Academy is an exclusive...

Duplexes Are Becoming More Popular with Denver-Area Buyers

As Denver continues to see unprecedented growth, developers have struggled to meet increased demands for housing. One way to meet those demands has been to demolish single family homes and replace them with duplexes. Colorado REALTOR® Matthew Leprino told Denver Channel 7 that he's encountering many buyers who are attracted to duplexes, which are selling almost as fast as single-family homes. ...

REALTORS® a Voice for Property Owners as Colorado Advances Broadband

Elizabeth Peetz, Vice President of Government Affairs from the Colorado Association of REALTORS®, stops in to interview with Christopher for a Community Broadband Bits Podcast. In this discussion, Peetz discusses the effect broadband has had on the Colorado real estate market and how CAR becomes involved in related legislation. She talks about recent changes in state law and the Association's opinions...

Housing lined up with a short fence lining the bright green grass on a summer day

Who Are The People Who Can Actually Afford Denver-Boulder’s High Rents And Mortgages?

Colorado’s homeownership has fallen from 71.2 percent in 2005 to 65.1 percent in 2019, according to the U.S. Census Bureau. Homebuilders lag way behind in constructing new places to live. In 2018, companies received permits to construct 29,114 single family detached homes, 38 percent lower than the 40,140 permits in 2005. But back then, there was 1 million fewer people...

Boulder County Housing Market Remained Sluggish in July

The Boulder County housing market is slowing down, according to the latest data for the month of July from the Colorado Association of REALTORS®. New listings keep popping up, but sales are hovering at the same numbers as last year and prices haven’t moved much, said Kelly Moye, a Broomfield-based RE/MAX Alliance REALTOR® and former president of the Boulder Area...

Colorado Association of REALTORS® Says Median Price for a Single-Family Home in Denver was $510,000 in July

The median price for a single-family home in Denver was $510,000 in July, up about 6 percent over last year. But in a sign of a shift — however slight — toward a buyers’ market, sellers were getting 99.3 percent of what they were asking, compared to 100.3 percent last year, according to the latest monthly data report released Monday by...

Man Arrested in Alleged Attack at Open House in Colorado

After a five-day manhunt, police in Commerce City, Colo., arrested a man who allegedly attacked a real estate agent at an open house and fled after the agent fired a bullet at him with her handgun. Ernest Robert Chrisman, 43, was arrested Thursday and charged with first-degree burglary, aggravated robbery, and second-degree assault. The agent, Dawna Hetzler, CRS, of New Dawn...

The house in human hands

Hot or Not? Depends on Local Market Down to the Neighborhood

July housing sales strongest in years for select local markets while falling interest rates can’t overcome long-term inventory issues Contact:  Marty Schechter for CAR marty@schechterpr.com https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO. – Aug 12, 2019 – With falling interest rates and less expensive mortgages, sales of single-family homes were strong in select local markets, including a record-setting month in Colorado Springs, but fell off overall from June to July in...