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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...

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...

The Colorado housing market keeps going up, up and up! 

As the housing market continues to climb so do the prices.  Longmont and Boulder are witnessing this rise in the market and with it the median sales price.  Kelly Moye a Colorado Spokesperson had this to say about 2017, "It was an unbelievable year,".  Indeed it was.  For single-family homes the median sales price increased 11% in Longmont and 1.2%...

Keep Your Seat Belts Fastened

A look at Denver's 2018 housing market Article from ColoradoBiz By Matthew Leprino, CAR Spokesperson   We have reached cruising altitude. You are free to use your portable electronic devices, or … so we thought. As 2018 succeeds a year of upward evolution for Denver’s real estate market, we must be cautious before removing the fasten seat belt sign and watch for items that...

Colorado Home Prices Continue to Rise: 2017 a Record-Breaking Year

Median sales prices rise 10 percent in back-to-back years lack of inventory a consistent theme statewide   ENGLEWOOD, Colo. – Jan. 11, 2018 – From the Denver metro area’s urban core and suburbs, to smaller communities across the state, Colorado’s housing market experienced back-to-back years of 10 percent bumps in the median sales price of a single-family home as record low inventory...

Xceligent has Closed their Doors for Good

Xceligent has shut down operations effective immediately leaving only one MLS available to Commercial Real Estate.  The decision to close their doors comes after a management change in October leaving Frank Anton the new CEO.  After much deliberation with the leadership team of Xceligent, the final decision concluded to shut down operations.   Many are concerned with only one MLS being...

New and Active Listings Continue to Decline in Colorado

ENGLEWOOD, Colo. – Dec. 12, 2017 – With a significant decline in new listings and active listings continuing to define a low inventory market across the metro area and the entire state, median home prices are holding their own, according to the latest housing report from the Colorado Association of REALTORS® (CAR).   With limited new housing starts, the record low inventory...

Prices Remain on the Rise for Logan/Sterling County

The housing market for Logan/Sterling county remains active and on the rise.  The county showed a decrease in the third quarter median sales price for 2017 when compared to 2016.  This decrease is not a sign of a slow down, but rather outside factors that are affecting the statistics for this market.   Sales volumes in Logan county have also decreased from last year,...