This article is from the Denverite and is written by Megan Arellano and was published on February 12, 2017 3:33 pm Categories: Business, Real estate Sorry, millennial singles — less of you are buying Denver homes Look, I’ll be the first to admit it. Life really isn’t fair to the single person — more than 1,000 laws provide overt legal or financial benefits...
This article was published through the Denver Post by Aldo Svaldi on February 12, 2017 at 2:30 am and updated on February 12, 2017 at 2:35 am. Denver area still lags in new home construction The metro area market needs 16,000 to 18,000 new homes a year to keep pace with population growth Metro Denver’s housing woes boil down to one easy to state...
Key findings from the January research report include: Record-low inventory still dominates Colorado market 42 percent increase in January 2017 new listings over December 2016 Sold listings down 28 percent in January due to record-low inventory Active listings remain at historic lows Denver Metro area has just over one-month inventory supply – less than one month for condos and townhomes ENGLEWOOD,...
Thank you so much to everyone who attended REALTOR® Day at the Capitol! We had over 200 attendees from across the state, and had a very successful day speaking with our legislators. We would like to thank Henry Sobanet, Director of the Office of State Planning and Budget for Governor John Hickenlooper for providing the audience an interesting and insightful...
Last week, CAR General Counsel, Scott Peterson testified at the first pre-hearing on the Division of Real Estate Sunset before the Senate Business, Labor and Technology Committee. This pre-hearing was an opportunity for the committee to hear from the Department of Regulatory Agencies Policy Analyst and stakeholders on the DORA Sunset Report. Peterson shared CAR’s comments on the report, explaining...
On Wednesday January 25th, CAR General Counsel, Scott Peterson testified at the pre-hearing on the Division of Real Estate Sunset before the Senate Business, Labor and Technology Committee. This pre-hearing was an opportunity for the committee to hear from the Department of Regulatory Agencies’ Policy Analyst and stakeholders on the DORA Sunset Report. Peterson shared CAR’s comments on the report,...
Regulation of Home Inspectors is calendared for January 31st. CAR initiated Senate Bill 17-038, Concerning Regulation of Home Inspectors by Senator Nancy Todd (D-Aurora) was introduced last week and will now be heard in the Senate State, Veterans & Military Affairs Committee on January 31st. Today, the Legislative Policy Committee (LPC) officially voted to support the bill and CAR will prepare...
The first gavel of the first session of the 71st General Assembly came down on Wednesday, January 11th, ushering in twenty new legislators, with six legislators finding themselves in a new chamber and three legislators returning to the legislature with previous legislative experience. The session, which will be a busy one for REALTOR® interests, got off to a quick start...
Market playing out low inventory, high demand theme. While the median price of a Colorado home remained flat in December 2016 at $315,000, buyers and sellers experienced a 10 percent increase in the median sales price over the course of the year, according to the latest statewide housing report from the Colorado Association of REALTORS® (CAR). With a median sales price...
We'd like to wish all of you a very Happy Holiday season. In observance, the CAR offices will be closed the following days: • December 23 • December 26 • December 30 • January 2 Stay safe and enjoy the Holidays!...