Housing prices in Boulder County are plateauing despite a low inventory, according to the latest data for May from the Colorado Association of Realtors. Prices aren’t inching up, and mostly are at the levels they were at in May 2018. “We are not seeing gains or losses. We are seeing a stagnation,” said Kelly Moye, a Broomfield-based RE/MAX Alliance REALTOR® and former president...
FOR IMMEDIATE RELEASE Contact: Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com Demand devours inventory despite record number of new listings Record number of new listings across state can’t correct housing inventory and affordability challenges as prices continue climb https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO. – June 12, 2019 – Despite a record number of new single-family (12,962) and condo/townhome (3,768) listings hitting the Colorado housing market in a record cold May,...
A lack of affordable housing doesn’t just bedevil Telluride, it challenges communities across the state, so much so that last October a bipartisan group of state senators and representatives sat down with diverse stakeholders ranging from the Colorado Association of REALTORS® to Habitat for Humanity to Ski Country USA, plus local government representatives, to examine the issue. Town of Telluride Program...
Registration is now open for the 2019 REfresh Conference on September 5, 2019 at the Colorado Convention Center in Denver. ### REfresh is not your "normal" conference: it is fast-paced and filled with quality speakers in a short time frame. ### "REfresh is an opportunity to get quality professional development to help you become more successful in the real estate industry," says Colorado Association...
On June 6, 2019, the National Flood Insurance Program was extended to September 30, 2019. The extension was attached to a broader disaster aid package, HR 2157 In addition, House Financial Services Chairwoman Maxine Waters (D-CA) and Ranking Member Patrick McHenry (R-NC) unveiled long-term reauthorization and reform legislation, and scheduled a mark up for Tuesday, June 11, 2019. In the links listed...
Higher property taxes, more stress on transportation infrastructure will result from imposed growth caps according to new study On June 10, 2019, the REMI Partnership released “Building Gated Cities – Policy Brief Understanding the Impacts of 1% Growth in Lakewood.” Next month, Lakewood voters will face Initiative 200, a proposal that seeks to impose a 1% cap on the growth of the city’s housing....
Raising enough cash for a down payment is often the biggest hurdle for homebuyers. According to some estimates, it can take up to 15 years for people to save towards the purchase of a home, especially with conventional mortgages, which require anywhere between 5 to 20 percent down. If you’re trying to buy a $400,000 house, that could equate to $80,000 in cash you...
First, 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. We would also like to thank Heather Hankins and Janet Marlow for taking time out of their busy schedules to come to the CAR office and verify the results this morning. The following are...
Realty Watch ### This class presented by the Jefferson County Sheriff’s Department provides education on safety issues and concerns for real estate professionals, HOA board members, and the general public. ### Purpose of the Class ### Real estate professionals and homeowners are helping the Jefferson County Sheriff's Office to make neighborhoods safer as part of a partnership known as the Realty Watch program. ### It’s much easier to...
The U.S. is the 19th-happiest country in the world, according to the 2019 World Happiness Report that the Sustainable Development Solutions Network for the UN released. Though this is a one-spot drop since last year, there are still plenty of places to find happiness in America. We looked within the U.S. to determine which counties are the happiest. Money, of...