Colorado
Buying vs. renting in Colorado
DENVER (KDVR) — The choice to lease a house over shopping for one in Colorado is just not a straightforward alternative, particularly in a aggressive market with excessive house costs.
Actual property consultants say it’s necessary to take stock of your life-style.
“Should you’re making an attempt to dwell someplace and it’s going to be momentary, renting is sensible, Kelly Moye the media spokesperson for the Colorado Affiliation of Realtors stated.
Specialists suggest weighing how a lot cash of a down cost you’ll be able to afford, together with a reserve for sudden house repairs. Moye says house costs have cooled off in current months, noting in February properties have been promoting for 20% over listing costs in some situations, whereas that quantity is now nearer to 5-8%.
Moye says that’s an necessary piece of data for potential sellers to be aware of.
“Should you look again to February, the costs are going to be too excessive for proper now, so that you actually have to return like 30 days and worth appropriately so that you don’t find yourself method forward of the wave because the wave begins to go down,” Moye stated.
As for whether or not the market will maintain its momentum, Moye says a housing bubble burst is just not prone to occur in our state anytime quickly.
“One factor that needs to be in place to ensure that a bubble to burst is you must have method an excessive amount of stock on your demand, so you might have tons of homes on the markets and never sufficient folks need to purchase,” Moye stated. “That’s the rule of thumb on the subject of a bubble — we are actually reverse of that.”
Moye stated proper now, Colorado is within the reverse state of a housing market bubble burst.
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Colorado star and Heisman Trophy favorite Travis Hunter says he will enter the NFL Draft
Colorado Buffaloes two-way star Travis Hunter said Thursday he plans to declare for the 2025 NFL Draft.
“That’s definitely for sure,” Hunter, 21, told reporters when asked if he intended to declare.
A favorite to win the Heisman Trophy, Hunter plays both cornerback and receiver for the Buffaloes. He is projected by many to be selected first overall next April.
When asked about playing both offense and defense as a professional, Hunter acknowledged the rarity of doing both, saying, “It’s never been done.”
He added: “I understand that it will be a high risk, [teams] don’t want their top pick to go down too early and I know they’re going to want me to be in a couple packages. But I believe I can do it. Nobody has stopped me from doing it thus far.”
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In 10 games for Colorado this season, Hunter has 74 receptions for 911 yards and nine touchdowns — all career bests. Defensively, Hunter has three interceptions, eight passes defended and 23 tackles.
Hunter was a highly recruited player coming out of high school. A consensus five-star prospect, he originally committed to Florida State before flipping his commitment to Jackson State — becoming the first five-star recruit to commit to an HBCU.
Hunter played for one season at Jackson State under head coach Deion Sanders, then transferred to Colorado before the 2023 season when Sanders took the head coaching job there.
Last season, Hunter averaged close to 115 plays per game, participating in offense, defense and special teams.
Sanders’s son Shedeur, who plays quarterback for Colorado, is projected to be among the first signal-callers selected in next year’s draft. Another player who could be a Heisman finalist, Sanders said Thursday that Hunter is the more deserving of the two to win the award.
“If it’s between me and him, I would want him to get it,” Shedeur Sanders said. “He does a lot of amazing things and things that haven’t been done before. I’m not a selfish guy. I know what he’s capable of, so I would rather him win.”
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