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Author:lisa hansmeier

Colorado Real Estate Commission Adopts New Rules Concerning Deposits

Posted on June 15, 2020
REALTOR® News

The Colorado Department of Regulatory Agencies sent the following bulletin on 06/03/2020 On June 2, 2020, the Colorado Real Estate Commission (“Commission”) adopted rules concerning Money Belonging to Others for deposit by a Broker for services other than Real Estate Brokerage Services. This adoption specifically modifies Rule 5.11, to set a standard and add clarity for Brokers concerning accepting monies from others in these instances. These...

Denver Post: As Market Reawakens Following Shutdown, Low-end Properties Turn Red Hot, While Upper End Buyers Search for Elbow Room

Posted on June 10, 2020
REALTOR® News, REALTORS® in the News

“The price range from zero to $400,000 is on fire, as hot as it can get,” says Matt Leprino, spokesperson for the Colorado Association of REALTORS. “In a normal year the market spikes in March and April and you see a peak in May, then less into summer,” Leprino said. When back-to-school approaches the fall-off is very demonstrable. “Usually you don’t...

May Delivers “Virtual Reality Reset”

Posted on June 10, 2020
Market Trends, Market Trends & Statistics, REALTOR® News, Residential Housing, Stats & Trends

Roar of record-setting pending sales reflect the opening up of restrictions and strong demand across Colorado’s housing markets Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO – June 10, 2020 – Virtual tours, virtual open houses, sight unseen purchases, and virtual closings have helped shape a new reality for real estate transactions across the...

Remote Notarization Bill One Step Closer to Becoming Law

Posted on June 9, 2020
REALTOR® News

In a significant win for Colorado REALTORS®, CAR’s four-year effort to allow for remote notarization has almost come to an end. On Monday, the House of Representatives unanimously passed Senate Bill 96 that would allow notaries to offer remote notarization on a permanent basis. Although it was already passed unanimously by the State Senate on March 11, modifications were made...

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Capitol Connection – June 5, 2020

Posted on June 9, 2020
Capitol Connection

Government Affairs Update CAR Advocates for Colorado REALTORS® The legislative session is back on and rolling quickly with fast moving Covid-19 relief packages coming to the table for discussion. We expect the pace to continue at a high speed as our state legislators even plan to work over the weekend. Over the past week, CAR's Government Affairs...

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2020 CAR Election Results

Posted on June 5, 2020
REALTOR® News

We want to thank all the candidates who raised their hand and stepped out of their comfort zone to be a candidate for 2020-2021 CAR leadership positions. For those of you who were not elected you are still a valued leader and member of the association. We strongly encourage and hope you to stay involved in CAR. The following are...

CAR Speaks Out Against Racism

Posted on June 3, 2020
REALTOR® News

The Colorado Association of REALTORS® does not condone violence or destruction of any kind. However, we absolutely stand peacefully, hand-in-hand with all those who seek and deserve respect, fairness, and the right to equality that America has promised for centuries and that, even now, has not been delivered to all citizens. We are an organization whose members and clients we serve...

CAR Remembers Gary Bauer

Posted on June 3, 2020
REALTOR® News, REALTORS® in the News

It is with great sadness that I the share news of Gary Bauer’s passing on Tuesday, June 2, 2020. As most of you know, Gary diligently served our profession in countless roles through the Jefferson County Association of REALTORS® and then Denver Metro Association of REALTORS®. In addition, Gary was a key figure at the state and national level in many capacities,...

Home Prices Still Rising, Albeit at Slower Pace

Posted on June 3, 2020
REALTOR® News, Residential Housing

The COVID-19 pandemic may be hitting the economy hard, bringing the highest national unemployment rate since the Great Depression, but median home prices defied the odds and jumped 3.1% year over year last week, according to realtor.com® housing data for the week ending May 23. That’s double the 1.5% annual increase for the previous week. The National Association of REALTORS® recently...

30-Year Mortgage Rate Hits New Record Low

Posted on June 2, 2020
REALTOR® News

Borrowing costs fell this week, with the 30-year fixed-rate mortgage setting a new record low for the third time in the last few months. The 30-year fixed-rate mortgage averaged 3.15% this week, the lowest average in Freddie Mac’s records dating back nearly 50 years. “These unprecedented rates have certainly made an impact, as purchase demand rebounded from a 35% year-over-year decline...

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About CAR

The Colorado Association of REALTORS® is the state’s largest professional, voluntary, non-profit, real estate trade association that is dedicated to serving more than 25,000 REALTOR® members across the state. Read More

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