Pueblo Home Affordability Index Drops in 2023

The NATIONAL ASSOCIATION OF REALTORS® affordability index measures whether or not a typical family could qualify for a mortgage loan on a typical home. A typical home is defined as the national median-priced, existing single-family home as calculated by NAR. The typical family is defined as one earning the median family income as reported by […]

PUEBLO COUNTY REAL ESTATE MARKET TRENDS – NOVEMBER 2023

  November’s numbers stayed relatively the same as in October. We did see a median selling price of Pueblo homes drop from October at $314,950 to November’s number at $305,450. Days on market increase as well as months of inventory slightly.

PUEBLO COUNTY REAL ESTATE MARKET TRENDS – October 2023

  Home sales fell in October to 187 homes down from 213 in September. The median sales price jumped to $314,950 from the previous month of $306,600. The number of homes also increased from the previous month from 781 in September to 802 in October. Nationally, there were 1.15 million homes for sale or under […]

PUEBLO COUNTY REAL ESTATE MARKET TRENDS – JULY 2023

  Declining sales and median selling price marked the July 2023 Pueblo real estate market. In comparison to June sales the number of homes for sale increased from 678 in June to 707 for the month of July. The months of inventory climbed to 3.1 versus 2.9 in June. Asking price to selling price remained […]

Radon in Colorado – Disclosure Now Required

On August 7, 2023, SB23206 concerning information about Radon in residential real estate transactions go into effect. The law requires that each sales contract for a residential property contain the following, or a substantially similar, disclosure in bold faced type: THE COLORADO DEPARTMENT OF PUBLIC HEALTH AND ENVIRONMENT STRONGLY RECOMMENDS THAT ALL HOME BUYERS HAVE […]