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Home prices rise, inventory drops statewide

Highlights:

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 [...]

CAR statewide report shows improving home sales

“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 [...]

State home sales jump 14.5 percent

“Consecutive quarters of higher sales and increasing median pricing should encourage consumers to return to the real estate market with new confidence,” Duane [...]

Dark side of mortgage rates

“People will not be as willing to move-up, if it means losing their attractive interest rates,” Lawrence [...]

Yun bullish on Denver housing

“If real estate is your profession, politics is your business,” Sandy [...]

Tom and Dick Clark to kick off CAR convention

“There is just a lot of good news in the air right now,” Tom [...]

Flynn named CEO of Colorado Association of Realtors

“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 [...]

CAR endorses rental insurance

“If our tenants don’t pay us then we’re going to struggle to make that payment,” Aaron [...]

Hornung: Housing hotter than CSU shows

“Statistics are simply an attempt to mathematically model real-world experiences and are inherently not 100 percent accurate,” Lane [...]

Everitt Real Estate Center stands by its findings

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.