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Home Sales Dropping Across Much of Colorado

The Colorado Association of REALTORS® recently reported that the number of single-family home listings sold in Colorado dropped 14.6 percent in September compared to the same month a year earlier. Sales of townhouses and condos dropped 15.2 percent.   The Denver Post reports that metro Denver area year-over-year single-family home sales in September fell 15.8 percent.   Elsewhere, home sales fell 26.7 percent in...

Colorado homebuyers may be getting a touch of relief in seesaw housing markets

https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/   ENGLEWOOD, Colo. – Oct. 10, 2018 – Colorado homebuyers may be feeling a little bit of relief as a combination of seasonal and market factors have helped to slow down the fast-paced, over asking price sales and hold steady or even drop the median sales price in many parts of the metro area and state. Yet, some of the state’s...

Evidence of Denver housing market slowdown; changes happening in Denver metro and statewide

https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/   ENGLEWOOD, Colo. – Aug. 10, 2018 – An early peak housing season – April/May – has been met with an earlier than normal seasonal slowdown as buyer and seller behavior is changing amid the latest market conditions, according to the July 2018 statewide housing data from the Colorado Association of REALTORS® (CAR).   With enough evidence building to demonstrate a change is...

Photo of a home with beautiful green grass on a summer day.

Summer Heat: Denver Residential Real Estate Market Stays Hot

Scant inventory is keeping the Denver residential real estate market red hot. Denver homes continue to sell extremely quickly and there are a lot fewer homes for sale now compared with a year ago. That low supply means higher prices. According to the Colorado REALTORS® Association, the median home price in the Denver metro area is $440,000, significantly more than the nationwide metro median...

Summer slowdown or shift in the housing market?

FOR IMMEDIATE RELEASE   Summer slowdown or shift in the housing market? https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/   ENGLEWOOD, Colo. – July 12, 2018 – With median and average sales prices continuing to rise due to ongoing inventory issues, other key measurements of the housing market have buyers, sellers and REALTORS® asking the same seasonal question; is this the typical summer slowdown or are we seeing a shift in...

Housing lined up with a short fence lining the bright green grass on a summer day

Is Home Inventory Really So Dismal in Denver? Not Exactly

By Kelcey McClung  – Reporter, Denver Business Journal   May saw both a slight bump in inventory and a minute decline in median price of homes for sale in Denver, according to the Colorado Association of REALTORS®.   Both the median and average price of a single-family residence in the seven-county metro area dipped less than one percent from April to May – $435,000 and $515,204,...

Estate agent handing over keys of new house to smiling couple.

Is Our Housing Market Changing?

By Matthew Leprino   Everybody wants to know when the market is going to change. When will the buyers once again be in control of price, time on market, inspection objections and ultimately, their ability to be picky? When will the era of sellers dictating the majority of the terms, starting to pack before they even list their home and ultimately, a...

A long line of condos fading into the distance on a beautiful summer day.

Hard to Play Real Estate Game When Rules Keep Changing

A new phenomenon is creeping into Denver that is posing an enormous problem for the 2020-plus buyers and sellers   BY MATTHEW LEPRINO   Like a game of Whack-A-Mole at Chuck-E-Cheese, it would seem that every time one low inventory-fueled abnormality pops up, another takes its place just as we begin to wrap our heads around it.   Desperate buyers seeking to find a way, any...

First-Time Home Buyers Learn to Move Quickly in Tight Markets

With the competitive housing market first time home buyers are having to endure a tough fight to fulfill their dreams of becoming homeowners.  Jay Gupta a CAR spokesperson told the New York Times just how tight the current housing market is.   Gupta said that forty people attended an open house in Colorado Springs that was only open for three-hours long...

Colorado Housing Prices Continue to Break Records

Record housing prices continue their pace across the state as homebuyers weigh a growing list of market factors   ENGLEWOOD, Colo. – May 10, 2018 – With a solid seasonal bump in the number of new listings both in the Denver metro area and many markets across the state, hungry homebuyers continued to gobble up properties while others sit and monitor a...