Forecast predicts drop in Denver-area home prices in 2019 Research firm projects declines of more than 30% Article and video content are from The Denver Channel and can be found by clicking here. DENVER -- A real estate data company projects Denver's hot housing market will start to cool off in late 2019, with home prices in some areas dropping more than 30 percent. Location, Inc., a...
HB 1279 Construction Defect Actions Notice Vote Approval HB-1279. This bill, sponsored by Representatives Garnett (D-Denver), and Saine (R-Firestone) and Senators Tate (R-Centennial) and Guzman (D-Denver), passed the House unanimously on Monday April 24th and will now be heard Monday, May 1st in the Senate Business, Labor and Technology Committee. Nothing in HB 1279 stands in the way of individual owners who...
This week at the legislature...
Member Survey Prize Winners! CAR conducted a member survey from April 1-7, 2017 and winners were chosen at random from a pool of survey respondents. We would like to thank everyone who participated in our member survey and also congratulate our prize winners! Prize 1 Winner– 1 Year of CAR Dues– Denna Jackson (Glenwood Springs Association of REALTORS®, Silt, CO) Prize 2 Winner -...
Senate Concurrent Resolution 17-002: Real Estate Transfer Tax For Affordable Housing SCR 17-002, sponsored by Senator Kefalas (D-Ft. Collins), was introduced on April 12 is scheduled to be heard on April 27th in the Senate Agriculture, Natural Resources and Energy Committee. The LPC today voted to oppose this concurrent senate resolution. SCR 02 deletes the prohibition in TABOR on new or...
FOR IMMEDIATE RELEASE March brings seasonal spike in new listings across Colorado’s housing market; Median sales price hits record $400,000 for Denver metro single-family home https://coloradorealtors.com/market-trends/ Key findings from the March 2017 research report include: 46 percent increase in new single-family listings and 32 percent increase in townhouse/condo listings across the state from February to March Despite increase in listings, strong sales keep...
FOR IMMEDIATE RELEASE Clarissa Arellano 633-7718 ext. 104 carellano@ppar.org Michele Van Metre 633-7718 ext. 114 mvanmetre@ppar.org MEMBER SAFETY ALERT: PPAR REALTOR® AND CLIENT ROBBED AT GUNPOINT Colorado Springs, CO (April 1, 2017)- In an effort to promote the safety of its members and their clients, The Pikes Peak Association of REALTORS® (PPAR) issues the following safety advisory. Earlier this month, a PPAR Member and a client were robbed at...
This week at the legislature … House legislators had their opportunity to debate the “long bill”, otherwise known as the budget, to fund the operations of state government after the Senate debated the budget last week. Colorado requires state lawmakers to balance their budget and given the fiscal outlook this year it required the Joint Budget Committee (JBC) to make some...
This week at the legislature … Legislators are considering the “long bill”, otherwise known as the budget, to fund the operations of state government. Colorado requires state lawmakers to balance their budget and given the fiscal outlook this year it required the Joint Budget Committee (JBC) to make some tough choices to close a nearly $700 million dollar shortfall. After a...
Hispanic Homeownership Growth Bucks National Trend Hispanics are earning more money, becoming better educated, and forming households at a faster pace than any other demographic, according to the latest State of Hispanic Homeownership Report. They also continue to demonstrate a strong desire for homeownership and we can expect the rate to rise. In fact, Hispanics are already responsible for 75 percent of...