Colorado Association of REALTORS | housing market
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housing market Tag

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...

New housing inventory delivers little help to buyers as strong sales continue to drive pricing to new record highs across Colorado

ENGLEWOOD, CO. – May 10, 2019 – The much-anticipated influx of new spring season listings in Colorado’s housing market has had a limited impact for buyers as strong sales and continued low inventory have driven median and average pricing to record levels in the seven-county Denver metro area, as well as markets across the state. Those high-water marks for pricing...

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We have reached cruising altitude

We have reached cruising altitude By Matthew Leprino   You know the moment; you’re about 15 minutes into your flight - you’ve grabbed your tablet or magazine and are settling in to your voyage. The seatbelt light is still on and the pilot has yet to make the obligatory ‘we’ve reached cruising altitude’ message but you can feel the leveling out as you...

Homes close in proximity to one another with fall trees out front

As temperatures drop, Denver’s housing market cools slightly

  DENVER -- Experts said Denver's housing prices are down about 4 percent this fall, part of a seasonal market compression customary for this time of year.   Kelly Moye with the Colorado Association of REALTORS® said Denver's housing market goes through a compression every fall. She said properties sell quickly from January through late June and then slow in July and August.   "July...

Home with gated fencing and trees turning red for the fall

The Biggest Signs Colorado Housing Market Is Coming Back to Earth

The Colorado housing market has been running at hyperspeed over the past several years, despite some of the country's worst affordability in Denver and beyond. But things may finally be on the cusp of change.   According to a new report from the Colorado Association of REALTORS® , sales of single-family homes, townhouses and condominiums fell dramatically in September. The number of single-family homes purchased dipped by a striking 14.6...

REALTOR and client shaking hands outside

Buyers and Sellers Teeter-Totter in Evolving Housing Market

Buyers and Sellers Teeter-Totter in Evolving Housing Market Buyers are beginning their hunts ahead and quieting down earlier than previous years   BY MATTHEW LEPRINO Published: 2018.10.22 03:00 PM   Like a schoolyard teeter-totter, there are always two forces volleying for control in any real estate transaction. On the left, you have the buyer’s control – always a force but sometimes lagging behind that of the seller...

Colorado housing market

Colorado’s August housing numbers prove ‘all real estate is local’

August housing reports from across the state reflected the same levels of diversity and at times extreme fluctuations of our Colorado weather at this time of year. For buyers and sellers alike, the message remains the same: understand what the conditions will be like in your neighborhood.   While the market reflects springtime conditions in areas like Boulder and Broomfield counties, a...

Summit County

Summit County sees record number of luxury homes sold in July

July is always one of the best months for property sales for Colorado's High Country, and that was exactly the case in Summit County's exploding real estate market.   Defined as any home sold at or above $1 million, luxury housing sales boosted the overall real estate sales volume to more than $150 million, a $5.2 million increase over July 2017 and...

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Health of the Real Estate Economy

You may have seen recent articles warning of “ominous signs for the U.S. housing market.”  One article states that, “recent housing starts data were extremely weak for the month of June, raising alarm about housing.”  Another headline announces that the, “Housing Market Looks Headed for Its Worst Slowdown in Years.”   NAR’s Chief Economist, Lawrence Yun, says that despite the headlines, “Home price growth...

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Priced out: Fort Collins home sales slow as prices soar beyond $400,000

Frustrated by high housing costs in Fort Collins and Larimer County? You're in good company. According to the Colorado Association of REALTORS®, homes listed in Larimer County this year have sold for a median $405,000 this year, making the county the 16th-most expensive of Colorado's 64 counties in which to buy a home. Through May, 2,045 homes were sold in Larimer County, a 9 percent...