According to research conducted by PS Commerce, saving for a down payment on a house is the Number 1 priority for residents of Colorado. Utah, Idaho, Hawaii, and Oregon rounded out the Top Five respectively. "...
USA Today reported on CAR's July 2020 Market Trends report. It notes, "Sales rose 15% from June and 21% from the previous July – before COVID-19 when the economy was rolling. Statewide the median home price rose a startling 4.5% in one month, to $443,925." "There is a total disconnect with half the economy being crushed and yet, housing has mostly shrugged it...
“Buyers waited on an hour-by-hour basis for the new listings to show up, then competed to win the bidding wars,” said Colorado Springs-area REALTOR Jay Gupta in response to CAR's July 2020 Market Statistics Report. As noted in the report, buyers snapped up a record 10,771 single family homes in Colorado in July. Read the full Denver Post article. ...
Fox Business reported on CAR's July 2020 Monthly Market Statistics Report which reported a record 10,771 single family homes were sold that month. Colorado Springs-area REALTOR Jay Gupta said, "...
“There is a total disconnect with half the economy being crushed and yet, housing has mostly shrugged it all off,” said Colorado Springs-area REALTOR Patrick Muldoon. Read the full article from CPR News. ...
Contact: Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO – Aug. 12, 2020 – A record number of single-family homes sold in July have shattered state records and driven median home prices to record highs as well, according to the latest monthly housing data from the Colorado Association of REALTORS® (CAR). Despite another strong month of new listings, a...
On Monday, Governor Polis issued an extension to an Executive Order requiring landlords to serve a 30-Day Demand for Rent or Possession. This new Order is in effect until Wednesday, September 9, 2020. Executive Order 2020-162 encourages property managers to take steps to limit evictions for tenants who have made a good faith effort to make rental payments or establish a repayment agreement. The Order, however, is not a...
The Pueblo Chieftain reported this week on CAR recognizing State Representative Bri Buentello, along with State Rep. Kevin Van Winkle and State Senators Jeff Bridges and Joann Ginal, as 2020 Legislators of the Year. Buentello represents House District 47, which includes parts of Pueblo, and was elected in 2018. “REALTORS guide consumers through one of the most significant purchases...
ENGLEWOOD, CO – The Colorado Association of REALTORS® (CAR), the state's largest real estate trade association representing more than 26,500 members statewide, has identified four Colorado policymakers as “Legislators of the Year” for 2020. Senator Jeff Bridges, Senator Joann Ginal, Representative Bri Buentello, and Representative Kevin Van Winkle have all been recognized by CAR for their efforts to support the American dream of homeownership, including work...
Bipartisan bill would create savings accounts to allow prospective homebuyers to more easily save for down payments and other eligible costs associated with buying a home Washington, D.C. – U.S. Senators Cory Gardner (R-CO) and Doug Jones (D-AL) today introduced the American Dream Down Payment Act of 2020. As Americans face unprecedented challenges from the COVID-19 pandemic, the bipartisan legislation would help...