Colorado Association of REALTORS | Residential Housing
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Residential Housing

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. ...

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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...

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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...

REALTOR® a Victim of Attempted Robbery in Commerce City

Aug. 8, 2019 Update "If I didn't have my firearm, I wouldn't be here to talk to you." That's how REALTOR® Dawna Hetzler sums up how she survived an attacked during an open house on Sunday, Aug. 4. Hetzler spoke with 9 News on Wednesday in hopes that it would help lead to the capture of her assailant. Nothing seemed amiss when...

Enhance Your Home with These Basic Design Principles

Whether you enjoy a clean minimalist look or adore the more-is-more maximalist aesthetic, the same underlying design principles determine whether or not a room’s design ultimately works. Whatever your preferred design style, harnessing the power of these basic design principles will help you create a space that looks good. Balance Balance deals with the idea that objects have a visual weight, and that the visual weight...

Denver Makes the List of Most Popular Areas for Millennials to Move and Stay

NAR analyzed employment gains, population trends, income levels and housing conditions in the largest 100 metropolitan statistical areas across the country to identify the most popular areas for millennials. The top 10 metro areas were selected because of their high share of both present millennial residents and recent movers, as well as their favorable employment opportunities. Denver has already a large number...

Boulder County Housing Market Experiencing ‘Much-Needed Correction’

Housing markets around the state are beginning to cool down, and Boulder County is no exception, according to the latest monthly market statistical report from the Colorado Association of REALTORS®. “In Boulder County, it appears the days of the seller’s market are over,” the report stated.“Buyers rejoice … prices seem reasonable and the bidding war days seem like a distant memory.”...

June Brings Inventory and Price Relief to Colorado’s Housing Market

Following record-setting May, opportunities expand for buyers as appreciation cools and inventory improves ENGLEWOOD, CO. – July 11, 2019 – After reaching record highs for median pricing and new listings across the Denver metro region and state housing markets in May, a slight cooling in June - similar to what has happened in June the past two years - helped create a few more opportunities...

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Lakewood Voters Approve Measure Restricting Development

Lakewood residents voted for a measure aimed at limiting development Tuesday. Ballot question 200 was approved by approximately 53 percent of voters, with the remainder voting against it. The ordinance seeks to limit development in the city by capping new housing projects at 1 percent of the city's current housing stock. "As REALTORS®, it’s our job to ensure housing remains as attainable as...

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New Report Shows US Housing Supply Falls Far Short of What is Needed

Although household growth is returning to a more normal pace, our new State of the Nation's Housing report shows that housing production still falls short of what is needed, which is keeping pressure on house prices and rents and eroding affordability. While demographic trends alone should support a vibrant housing market over the coming decade, realizing this potential depends heavily...