U.S. Markets open in 3 hrs 4 mins

Home Values Are Climbing in Colorado

Doug Whiteman
Home Values Are Climbing in Colorado

Thanks to today's low mortgage rates, it's an excellent time to buy or sell a home across the U.S. But what about in Colorado?

Is the state's housing market too pricey for buyers? Not-so-great if you've got a home you want to sell? Or just right — for everybody?

Home values provide some answers. They indicate that the market in Colorado is heating up, according to Zillow, though you might find vast differences from one city or one corner of the state to the next.

Current home values in Colorado

Home values have been rising throughout Colorado and are up 3.93% from a year ago.

Statewide, the median value for a single-family home — meaning half are worth more, half are worth less — is currently $380,800 , Zillow says.

Could you afford that? Let's say you want to buy that mid-priced home using a 30-year fixed-rate mortgage at this week's average interest rate, which is a low 3.69%, says mortgage company Freddie Mac.

With the 30-year mortgage rate at 3.69% and the median home value for Colorado at $380,800 , a representative monthly mortgage payment would be $1,750.60.

How the Colorado housing market stacks up

shaferaphoto / Shutterstock
A ranch fence overlooking Mount Wilson, Colorado

Property values in Colorado are high by historical standards and are higher than what the typical house is worth nationwide.

The median home value throughout the U.S. is $229,600, which is up 4.88% from a year ago.

Zillow predicts U.S. home values will rise 2.2% over the next year, while in Colorado, they're expected to rise 0.45%.

Homes are going on the market in Colorado at a median price of $248 per square foot, versus $155 per square foot nationwide.

Are you looking to buy? Take a look at today's best mortgage rates where you live.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of WWR earnings conference call or presentation 7-Nov-19 4:00pm GMT

    Thanks for joining us today, and welcome to the Westwater Resources Third Quarter 2019 Results and Energy Minerals Business Update Conference Call. With me on the call today is Jeff Vigil, our CFO and Vice President of Finance; and with us by phone is Dain McCoig, our Vice President of Operations. I would like to remind our listeners to read our cautionary statements on the following pages as we will be discussing some forward-looking statements and information.

  • Burger King picks Unilever to make plant-based Whoppers in Europe
    Business
    Reuters

    Burger King picks Unilever to make plant-based Whoppers in Europe

    Burger King on Monday rolled out a meat-free version of its Whopper burger in 25 European countries, using patties made by Unilever Plc to strengthen its foothold in the exploding market for plant-based food served in restaurant chains. Heightened concerns about health and the environmental impact of industrial animal farming are pushing plant-based proteins into restaurant menus and chilled meat aisles in stores. Companies from Beyond Meat Inc to Impossible Foods Inc are competing fiercely for deals with fast-food makers, as plant-based mania spreads across Europe and the United States.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of PGR earnings conference call or presentation 7-Nov-19 6:30pm GMT

    Q3 2019 Progressive Corp Earnings Call

  • Blackstone Group Warns of the Mother of All Bubbles
    Business
    Investopedia

    Blackstone Group Warns of the Mother of All Bubbles

    The Blackstone Group Inc. (BX), one of the world's largest private equity firms with $554 billion in total assets under management, sees growing risks for the markets right now, including a largely overlooked "mother of all bubbles." Moreover, there actually are troubling linkages between several negative developments that, on the surface, appear to be random and unrelated, warns Joseph Zidle, chief investment strategist at Blackstone's private wealth solutions group, per a detailed Business Insider report that is summarized below. Zidle sees a troubling parallel with the 2008 financial crisis, which erupted after a number of apparently unrelated risks converged. Meanwhile, CEO Steve Schwarzman of Blackstone searches for "discordant notes," or trends in the economy and the markets that appear to be separate and isolated, but which can combine with devastating results.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of REZI.N earnings conference call or presentation 7-Nov-19 1:30pm GMT

    Q3 2019 Resideo Technologies Inc Earnings Call

  • Is F.N.B. Corporation's (NYSE:FNB) CEO Paid At A Competitive Rate?
    Business
    Simply Wall St.

    Is F.N.B. Corporation's (NYSE:FNB) CEO Paid At A Competitive Rate?

    Vince Delie became the CEO of F.N.B. Corporation (NYSE:FNB) in 2012. First, this article will compare CEO compensation with compensation at similar sized companies. Our data indicates that F.N.B. Corporation is worth US$4.0b, and total annual CEO compensation was reported as US$6.0m for the year to December 2018.

  • When Will Roku, Inc. (NASDAQ:ROKU) Breakeven?
    Business
    Simply Wall St.

    When Will Roku, Inc. (NASDAQ:ROKU) Breakeven?

    They anticipate the company to incur a final loss in 2020, before generating positive profits of US$31m in 2021. ROKU is therefore projected to breakeven around 2 years from now. How fast will ROKU have to grow each year in order to reach the breakeven point by 2021?

  • Did You Manage To Avoid Bombardier's (TSE:BBD.B) 49% Share Price Drop?
    Business
    Simply Wall St.

    Did You Manage To Avoid Bombardier's (TSE:BBD.B) 49% Share Price Drop?

    This month, we saw the Bombardier Inc. (TSE:BBD.B) up an impressive 32%. Because Bombardier is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth.

  • Oil rises further above $62 as trade hopes support
    Business
    Reuters

    Oil rises further above $62 as trade hopes support

    Oil rose further above $62 a barrel on Tuesday, supported by hopes that U.S. President Donald Trump may signal progress on trade talks with China and lower inventories at a U.S. oil hub. Concern about slower economic growth and oil demand from the fallout of the 16-month U.S.-China trade dispute sent prices lower on Monday. Trump gives a speech later on Tuesday and investors are keen for an update on the talks.

  • JD Com Tests Entry
    Business
    Investor's Business Daily Video

    JD Com Tests Entry

    JD.com tested its recent buy point soon after the open, but rebounded to close xxxx. JD.com and Alibaba both reported record Singles Day sales. Alibaba had undercut its buy point intraday but closed above that key level.

  • Are Passenger Jet Engines Hitting Their Technical Limits?
    Business
    Bloomberg

    Are Passenger Jet Engines Hitting Their Technical Limits?

    It's a fiendish technical challenge for the engine's British manufacturer, Rolls-Royce Holdings Plc — comparable to trying to stop an ice cube melting inside a kitchen oven on full blast. Boeing 787 aircraft operated by British Airways, Norwegian Air Shuttle, Virgin Atlantic and others have been grounded in recent months for inspections and repairs because the Trent 1000 engine blades have been degrading faster than anticipated. Last week, Rolls-Royce quantified the cost of fixing various Trent 1000 issues at 2.4 billion pounds ($3.1 billion), a cash outflow the debt-laden manufacturer can ill afford.

  • Hong Kong police shoot more protesters in a city still grieving a protest death
    Business
    Quartz

    Hong Kong police shoot more protesters in a city still grieving a protest death

    The death of a Hong Kong college student on Friday (Nov. 8) should have been a moment for the government and police to allow the city to mourn. Instead, the city woke up this morning (Nov. 11) to the shocking sight of a police officer shooting at protesters at close range. As protesters in Sai Wan Ho, on the eastern part of Hong Kong Island, blocked traffic early this morning, a police officer grabbed one protester, and then shot at two others, according to video footage (warning: graphic).

  • Is AECOM's (NYSE:ACM) CEO Pay Fair?
    Business
    Simply Wall St.

    Is AECOM's (NYSE:ACM) CEO Pay Fair?

    Michael Burke has been the CEO of AECOM (NYSE:ACM) since 2014. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Then we'll look at a snap shot of the business growth.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of DXC.N earnings conference call or presentation 11-Nov-19 9:45pm GMT

    Q2 2020 DXC Technology Co Earnings Call

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of TMST earnings conference call or presentation 7-Nov-19 2:00pm GMT

    Q3 2019 TimkenSteel Corp Earnings Call

  • Two Teenage Protesters Shot by Hong Kong Police
    World
    Bloomberg

    Two Teenage Protesters Shot by Hong Kong Police

    Hong Kong police confirm they shot two protesters Monday morning. Demonstrators had called for a general strike after a student protester died on Friday and pro-democracy lawmakers were arrested over the weekend. Bloomberg's Dan Ten Kate reports on “Bloomberg Markets: China Open.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of NKTR earnings conference call or presentation 6-Nov-19 10:00pm GMT

    Q3 2019 Nektar Therapeutics Earnings Call

  • Should You Buy Walgreens Boots Alliance, Inc. (NASDAQ:WBA) For Its Upcoming Dividend In 3 Days?
    Business
    Simply Wall St.

    Should You Buy Walgreens Boots Alliance, Inc. (NASDAQ:WBA) For Its Upcoming Dividend In 3 Days?

    Walgreens Boots Alliance, Inc. (NASDAQ:WBA) stock is about to trade ex-dividend in 3 days time. Walgreens Boots Alliance's next dividend payment will be US$0.5 per share. Last year's total dividend payments show that Walgreens Boots Alliance has a trailing yield of 3.1% on the current share price of $59.24.

  • This Insider Has Just Sold Shares In Dominion Energy, Inc. (NYSE:D)
    Business
    Simply Wall St.

    This Insider Has Just Sold Shares In Dominion Energy, Inc. (NYSE:D)

    Dominion Energy Insider Transactions Over The Last Year Independent Director Michael Szymanczyk made the biggest insider purchase in the last 12 months. That single transaction was for US$1.7m worth of shares at a price of US$78.85 each. That means that an insider was happy to buy shares at around the current price of US$79.62.

  • Read This Before Buying Citrix Systems, Inc. (NASDAQ:CTXS) Shares
    Business
    Simply Wall St.

    Read This Before Buying Citrix Systems, Inc. (NASDAQ:CTXS) Shares

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.

  • Plug Power analyst says the company is at an 'inflection point,' sets stock target at double current price
    Business
    American City Business Journals

    Plug Power analyst says the company is at an 'inflection point,' sets stock target at double current price

    An analyst who has been tracking Plug Power for 20 years says the company is passing an "inflection point." Craig Irwin, an analyst with Roth Capital, upgraded the Latham hydrogen fuel cell manufacturer to buy from hold on Monday morning with a price target of $6, up from a $3 price target. "The hope has been repetitively that Plug would reach profitability. It was always promised that by the end of the year Plug would be profitable," Irwin said.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of LCI earnings conference call or presentation 6-Nov-19 9:30pm GMT

    Q1 2020 Lannett Company Inc Earnings Call

  • How to Avoid the Social Security Tax Trap
    Business
    Investopedia

    How to Avoid the Social Security Tax Trap

    How much of your Social Security income is taxable? Depending on the amount of your Social Security benefits and other income—including tax-free interest on municipal bonds and certain other excludable amounts—your benefits are included with other taxable income at the rate of 85%, 50% or zero. To know whether your Social Security benefits will be partially taxed or fully tax-free you need to follow formulas unique to this determination.

  • How Trump’s Stock Market Record Stacks Up
    Business
    Bloomberg

    How Trump’s Stock Market Record Stacks Up

    It's been three years now since Donald Trump was elected president, which means it's been three years of listening to Donald Trump bragging about how great the stock market is doing. Contrary to one now-infamous pre-election prediction, it has done quite well. The Dow Jones Industrial Average, Standard & Poor's 500 Index and other market indices are of course imperfect economic indicators.

  • Warner Bros. is having a box-office nightmare
    News
    American City Business Journals

    Warner Bros. is having a box-office nightmare

    But otherwise the past four months have produced a string of busts, including most recently "Doctor Sleep," the "Shining" sequel that was tracking to launch with $25 million or more but earned an estimated $14 million over the weekend, ceding the top spot to the surprise box-office champ "Midway. " With a budget of $50 million, "Doctor Sleep" risks losing $20 million when all is said and done if it manages to make $100 million worldwide, reported Deadline — and will lose more if it doesn't reach nine figures.