Tag: Colorado Association Of Realtors
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Mountain resorts feel the pinch as brokers pray for snow
As Colorado’s mountain resorts headed into the holiday weekend hoping for more white stuff, brokers in those markets were lamenting the effect of a dry winter on real estate sales. “We’ve seen the impact from the lack of snow for the resorts and the cancellation of visitors from the Christmas season,” Vail-area agent Mike Budd…
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Colorado housing market brighter than it looks, says national economist
Despite the unseasonal weather that’s thawing the early days of a new year, Colorado Realtors are still bundling up as they step into the market ahead. Median home prices are off from a year back, and sales aren’t appreciably better, according to the newest monthly data released Tuesday by the Colorado Association of Realtors. The…
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PERSPECTIVE: A foot in the door of affordable housing
By Tyrone Adams Housing affordability cannot be addressed overnight. It will take dedicated conversations at local and state levels, targeted regulatory reforms, and close collaboration and feedback between government leaders, builders, and would-be homeowners. Fortunately, these kinds of conversations are becoming more common. The Common Sense Institute has already taken steps toward providing data-based solutions.…
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As market cools, Colorado home prices finally level out
Home prices in Colorado are finally behaving the way that market economics would predict they should, following two years of flat-to-declining real estate sales. They’ve leveled out. That’s according to the newest Market Trends report by the Colorado Association of Realtors. The report shows the median price of a single-family home in the state dropped…
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Colorado Realtors have low expectations as Fed is set to meet
While the Federal Reserve prepares for a long-anticipated meeting next week that will likely cut the federal lending rate, Colorado real estate agents are putting a damper on any hopes for coming improvements in the state’s housing market. “I can’t even buy a showing on my listings right now,” Compass agent Kelly Moye recalls a…
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Statewide housing report shows swelling inventory, but prices still hold
Real estate markets around the state are reporting what’s becoming a familiar pattern this year: the supply of homes on the market keeps increasing, but without any enthusiasm from homebuyers aimed at absorbing all of that inventory. And despite the added stock of homes available, prices are holding close to their previous levels, according to…
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Colorado housing inches toward a buyer’s market
Homeowners around the state seem to be tiring of waiting for a better real estate market and are serving up their houses for sale, despite little evidence that buyers have much appetite yet, according to a new report by the Colorado Association of Realtors. CAR’s Market Trends report issued Wednesday shows 22,601 single-family homes for…
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Denver mayor touts moving 2,000 homeless ‘indoors’
City’s homeless population grew, despite tens of millions of dollars in spending by the Johnston administration
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Denver mayor defends strategy, insists ‘success’ mirrors Houston
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Despite the increase in homelessness in the city, Denver Mayor Mike Johnston’s administration defended its strategy and insisted that its “success” mirrors cities like Houston, Texas. A mayor’s spokesperson insisted that Denver saw one of the largest reductions in “unsheltered” homelessness nationwide, and its…
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Metro Denver real estate agents strive to interpret NAR settlement
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Spring typically marks high tide for the residential real estate market, according to Colorado agents. And this spring — with a low inventory of homes available to meet buyer demand — is no exception. Right now, brokers working that market are experiencing some added anxiety as they struggle to interpret a $418 million settlement by the…