Colorado Association of REALTORS | REALTORS in the News
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REALTORS in the News

Douglas, Broomfield Counties Make NAR’s Top 10 “Work from Home” US Counties

WASHINGTON (September 1, 2020) – Forsyth County, Georgia, ranks as the top “Work from Home” county in the United States, according to a new report from the National Association of Realtors® measuring several factors of increasing relevance amidst the COVID-19 pandemic. Two Colorado counties – Douglas and Broomfield – appear in the top 10 at second and ninth, respectively. NAR’s 2020 “Work...

CBS 4 Denver: Summit County Real Estate Prices Soar During Coronavirus Pandemic

“That trend of being able to move away from being right next to your job, to being in the mountains and something absolutely beautiful and being able to play and have fun and get your work done, it’s a great combo,” Dana Cottrell, a Summit County-area REALTOR, told CBS 4 Denver. “The single-family averages are pretty high here. A...

Post Independent: COVID Claustrophobia Causing Home Sale Boom in Garfield County

With technology allowing more people to work from home, an increasing number of buyers are purchasing homes that were once viewed by many as vacation destinations. Single family home sales in Garfield County were up 86% in July 2020 compared to July 2019. In New Castle, single family home sales were up 128.6% and 233% in Glenwood Springs in July. “They’ve...

CPR News: Not Even Coronavirus Could Tame Colorado’s Hungry Housing Beast

Colorado Public Radio reported on the durability of Colorado's housing market despite the COVID-19 pandemic and record unemployment. In July, there was a record 10,771 single-family homes sold, according to CAR's latest Market Trends report. Many potential homebuyers have unexpectedly found themselves in bidding wars. “I don’t think a slow down is coming anytime soon,” said Boulder-area REALTOR Kelly Moye. ...

Colorado REALTORS® Help Fund Construction of Tiny Home Village for Veterans

With the help of a $20,000 grant from the CAR Foundation and a $5,000 grant from the Longmont Association of REALTORS®, the Veterans Community Project (VCP) broke ground yesterday on VCP Village – Longmont, an innovative project that will provide housing for veterans and their families. In attendance was Gov. Jared Polis, as well as CAR CEO Tyrone Adams, CAR...

Colorado Sun: Why Colorado’s Housing Market Looks So Hot Even Though Coronavirus Is Ravaging the Economy

The Colorado Sun reported on the state's strong housing market at a time when COVID-19 has devastated other sectors of the economy. One way the pandemic has affected housing is increased buyer interest in single family homes over condos. According to Denver-area REALTOR Matthew Leprino, buyers are seeing the value of having a house with more space to spread out. ...

USA Today: Head Scratcher? Colorado Home Sales Sets Record in COVID-19 Recession

USA Today reported on CAR's July 2020 Market Trends report. It notes, "Sales rose 15% from June and 21% from the previous July – before COVID-19 when the economy was rolling. Statewide the median home price rose a startling 4.5% in one month, to $443,925." "There is a total disconnect with half the economy being crushed and yet, housing has mostly shrugged it...

Denver Post: Home Sales and Price Records Were Set All Across Colorado in July

“Buyers waited on an hour-by-hour basis for the new listings to show up, then competed to win the bidding wars,” said Colorado Springs-area REALTOR Jay Gupta in response to CAR's July 2020 Market Statistics Report. As noted in the report, buyers snapped up a record 10,771 single family homes in Colorado in July. Read the full Denver Post article. ...