CAR releases 1st quarter, statewide report.
Median sale prices rose, while days on the market dropped.
CAR added an affordability index to the report.
Buyers in Colorado purchased 18,343 single-family detached homes, condominium and townhomes in the state in the first quarter, a 16 percent increase from sales in the first quarter of 2012, according to a report [...]
“As the economy continues to recover, overall housing affordability will stay strong and we should expect to see more people entering the market in 2013,” Duane [...]
“Consecutive quarters of higher sales and increasing median pricing should encourage consumers to return to the real estate market with new confidence,” Duane [...]
“People will not be as willing to move-up, if it means losing their attractive interest rates,” Lawrence [...]
“If real estate is your profession, politics is your business,” Sandy [...]
“There is just a lot of good news in the air right now,” Tom [...]
“His extensive experience in both association management and finance will be a benefit to us as our state association expands services and benefits to our members statewide,” Scott [...]
“If our tenants don’t pay us then we’re going to struggle to make that payment,” Aaron [...]
“Statistics are simply an attempt to mathematically model real-world experiences and are inherently not 100 percent accurate,” Lane [...]
Colorado State University’s Everitt Real Estate Center stands by its earlier report that homes in the Denver-metro region gained only 7.1 percent from 1999 to 2009. A number of top real estate officials have been skeptical of the findings, as reported on Monday by InsideRealEstateNews.