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Colorado Flood and Wildfire Awareness Week

Flood and wildfire season is approaching.  You should know your risks and make your plans to improve you outcomes.   The National Weather Service wants everyone in the the United States to be part of a Weather-Ready Nation.  Colorado has more than its fair share of floods, flash floods, and wildfires.  You should be weather alert and weather-ready, knowing how to stay...

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Pueblo, Colorado Continues to Rise in the Housing Market with the Median Sales Price Climbing Higher

The housing market continues to tighten across the state as Pueblo, Colorado slowly increases month over month for median sales price and average sales price.  The inventory of for sale homes has decreased from 1.7 months supply in December to 1.6 in January.   For more information and to read the whole story from The Pueblo Chieftain by Dennis Darrow click HERE...

Denver’s Housing Inventory is Not the Problem

Its active inventory is By Matthew Leprino   It seems you can’t open a social media app or tune into local news without hearing about the lack of options for homebuyers these days. Denver is facing big city problems as it continues to grow into that role.   Along with pressure on developers to turn over quality products – and quickly – the prices, oh,...

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Capitol Connection – February 23, 2018

Senate Bill 18-109: Authorize Audio-Video Communication Notarial Acts SB18-109, sponsored by Senator Gardner (R-Colorado Springs), Representative Garnett (D-Denver), and Representative Wist (R-Centennial) allows notaries public to perform notarial acts using audio-visual communication. The process is called remote notarization and it's similar to a skype or face-time type of interaction where there is audio and video communication between the notary and the...

Amazon HQ2 Headquarters Creates Concern for the 20 Finalist Cities

Colorado is currently in the running of the 20 finalist cities that could become the new home for Amazon HQ2 second headquarters.  While there is excitement about this potential opportunity there is also concern.  Colorado's housing market is already strained and if Amazon chooses Colorado the strain could worsen. Kelly Moye a Colorado Association of REALTORS spokesperson had this to...

Inventory isn’t the problem, ‘Active Inventory’ is

By Matthew Leprino   It seems you can’t open your social media app or tune in to the local news without hearing about the lack of options for homebuyers these days. Denver is facing big city problems while it continues to grow into that role.   Along with increased pressure on developers to turn over a quality product - and fast at that -...

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Colorado governor candidates differ on affordable-housing solutions

Four Democratic and three Republicans hoping to succeed term-limited Democratic Gov. John Hickenlooper spoke at a Gubernatorial Forum held by the Colorado Association of REALTORS at REALTOR Day at the Capitol.   The discussions came as housing needs continue to out-pace new housing supplies, leaving home prices soaring and an estimated 25 percent of Coloradans spending 50 percent or more of their income...

How low can you go?

Homebuyers facing inventory supply levels never before seen in Colorado   ENGLEWOOD, Colo. – Feb. 12, 2018 – Housing affordability, a popular discussion from renters to REALTORS®, elected officials to economists, and many others across our state, is taking a back seat to the real housing conversation across most of Colorado – availability – or the lack thereof, according to the latest...

Real Estate Market Active Across the State

"It's a sellers market" will be a phrase we will continue to hear throughout Colorado as a state.  Garfield County recently received year-end reports from the Colorado Association of REALTORS market trends and statistics report distributed by the Glenwood Springs Association of REALTORS.  Year-end reports showed new listings increased 1.5% for single-family homes with an increase of median home sales...

Condominium Construction Remains Slow Even 9 Months After the Passage of the Construction-Defect Bill

The passing of the construction-defect bill was a big win for Colorado and the housing market.  A big win indeed, but challenges still remain. Some of these challenges include high insurance premiums from the previous years of lawsuits related with condominium builds.   These continued challenges have large builders still weary to begin projects in the state.  This leaves small local builders...