Much buzz is swirling around the proposed Tax Reform and the repercussions that will ensue if it is passed as it stands. The proposed tax reform if passed, would affect individuals who sell their home before the five year period has expired. If the house is sold prior to the five year period, the sellers would face a tax of 15%...
Xceligent has shut down operations effective immediately leaving only one MLS available to Commercial Real Estate. The decision to close their doors comes after a management change in October leaving Frank Anton the new CEO. After much deliberation with the leadership team of Xceligent, the final decision concluded to shut down operations. Many are concerned with only one MLS being...
With the struggles of low inventory, news about a condo development in the works is exciting news for those in the real estate world. It's with great anticipation that a new development is coming to Denver in the LoHi neighborhood. This development will be condos ranging in size and price and is the first development in the area from Alpine...
The world of real estate can seem overwhelming and daunting to a prospective first-time home buyer. It is for this reason, that REALTORS® hold such an important role for those looking to purchase a home. Whether the client is a first-time buyer or a family looking to purchase a second home, a REALTORS® knowledge helps guide buyers down the path...
Recently released statewide statistics reveal that Pueblo, Colorado is active and has yet to shown signs of a typical seasonal cool down. "We continue to have a very strong seller's market because of low inventory. However, our local agents believe inventory will increase in 2018," Dave Anderson, a RE/MAX Pueblo West agent and CAR spokesperson said in a statement accompanying the...
Changes in the tax code could have pricey implications for homeowners if the GOP Tax Proposal passes. Cuts elsewhere are causing Congress to find other ways to make up the money. One area they are looking to make up the money is taxes associated with real estate. Currently, homeowners are encouraged to stay in their home for two years and are...
It is with great sadness to share with you that we have lost two of our past CAR leaders in December - WR “Bob” Bray Sr. (1965 CAR President) and Richard Berger (1990 CAR President). W.R. Bray W.R. Bray passed away on Friday, December 1, 2017. He was 90. He was the Chairman of the Board of Bray Realty until about four...
2017 is the very first year the Colorado Association of REALTORS ® is awarding Legislator of the Year awards. CAR does not take this responsibility lightly and our legislative policy committee comprised of members throughout the state of Colorado has carefully considered their decisions. And we believe that the collective honorees are legislators who have been stalwart supporters of the real estate industry, and...
Rising to the Challenge The Colorado Association of REALTORS® is now accepting applications for its Officers and NAR Directors positions. CAR is looking for future leaders who are willing to “rise to the challenge” of leading the Association into the future! “We make a living by what we get, but we make a life by what we give.” — Winston Churchill This quote by Winston...
There have been a number of developments in Washington, DC to share with you. TAX REFORM: Both the House and Senate have named the members of the conference committee. The committee will begin meeting next week, its goal is to send a final bill to the President by December 15, 2017. NAR will continue to run the Call for Action until the...