Over the past decade, the U.S. has witnessed a steady increase in wildfire activity. Experts predict this trend will remain. Despite the $2 to $3 billion per year to support wildland fire suppression efforts, the number of homes lost in wildfires per year has increased by 163 percent and wildfires now cost the U.S. an estimated $63 to $285 billion...
The National Association of REALTORS® applauded an announcement Thursday by the Department of Housing and Urban Development that the agency will enforce the Fair Housing Act to prohibit discrimination based on sexual orientation and gender identity. HUD’s move effectively expands civil rights protections to LGBTQ Americans seeking housing and housing-related services. The decision follows an executive order from the Biden...
“There are tons of millennials who are out there looking to buy,” said Boulder-area REALTOR Kelly Moye. “It’s hard to save for a down payment when you’re trying to compete with multiple offers and you have a low down payment or you’re struggling to even get some money at all — it makes it really hard for them. ...
Tom Brady has more than 2X as many Super Bowl rings as there are houses for sale in southeast Boulder County ENGLEWOOD, CO – Feb. 10, 2021 – While early February spotlights Groundhog Day and the annual prediction of spring’s arrival, the Colorado housing market just keeps reliving its long-term storyline of low inventory and high demand with no predictable change...
The exurbs have reportedly been adding more residents during the COVID-19 pandemic. So where exactly did these Americans go? Exurbs refer to communities beyond traditional suburban areas that are closer to large metros. Exurbs tend to have a low housing density and offer a more rural style of living. CapRelo, a global mobility firm specializing in U.S. relocation, identified which exurbs are...
Low interest rates helped make 2020 a "very good year" for Pueblo's residential real estate market, said Pueblo-area REALTOR® Dave Anderson. "...
“We have 2,500 units for sale. So condos, townhomes or single family — throughout the entire Front Range — the whole Front Range, that’s it! To give you a feel, we would typically have 14,000 units for sale,” said Boulder-area REALTOR® Kelly Moye. “In Denver, it’s hovering around $600,000. So it’s getting up there. And we saw an appreciation of 9%...
A combination of historically low interest rates coupled with homebuyers' desire for more space and ability to work remote in the age of COVID have resulted in an unprecedented market in every corner of Colorado. “2020 will go down as the most unpredictable year many of us have ever experienced,” said Colorado Springs-area REALTOR® Patrick Muldoon. Fort Collins REALTOR®...
ENGLEWOOD, CO – Jan. 13, 2021 – While coronavirus delivered devastating effects on our personal and professionals lives throughout 2020, the oldest laws of supply and demand carried Colorado’s housing market through health-focused restrictions, as well as changing residential and work wants and needs. Coupled with historically low interest rates, the combination of circumstances delivered record-setting results in most measurable...
Between 2018 and 2028, the number of households is projected to increase by up to 12 million. Generation X and millennials are expected to drive most of that household formation. As they replace dropped households over that time, the two generations could add nearly 25 million new households by 2028, according to the CoreLogic Insights Blog. The largest cohort of millennial...