A third consecutive month of increases in the number of homes coming onto the market in February was not significant in impacting the overall inventory of homes statewide which hit a six-year low. The number of single-family homes added to the market in February (6,938) was an increase of 11 percent over January but still 4 percent below February 2015. ...
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 Alison Felix, Vice President and Denver Branch Executive of the Federal Reserve Bank of Kansas City, for providing an interesting and insightful keynote...
U.S. Green Building Council Announces Colorado is Fifth State in the Nation for LEED Green Building The U.S. Green Building Council (USGBC) recently released its national ranking of the top states in the country for LEED green building and Colorado is the fifth state in the nation for 2015. LEED-certified spaces use less energy and water resources, save money for families, businesses...
The Colorado Association of REALTORS® is now accepting applications for its 2016/2017 Officers and NAR Directors positions. Get involved in CAR Leadership and apply your skills to protect the real estate industry and make REALTORS® more successful through your state association. The Officers and NAR Directors applications are due no later than 5:00 PM on Thursday, April 7, 2016 to participate...
(This is the second part of a two-part series on Colorado’s unique marijuana laws and their impact on real estate, property rights and the business of REALTORS®. In the November issue, I covered the uncertain status of Colorado’s state marijuana laws in relation to federal drug law and the implications on property ownership. In Part Two below, I will address...
The Second Regular Session of the 70th General Assembly Kicks Off in 2016! The first gavel of the second session of the 70th General Assembly came down on Wednesday, January 13th, ushering in two new legislators, with a third legislator finding himself in a new chamber. Throughout the coming weeks, we will introduce you to each new legislator in our Capitol...
Competition remains fierce for single-family homes and condos as supply of for-sale properties drops By The Denver Post Median home prices continue to rise statewide and completed sales heated up in December, reversing a slowdown that began in June, according to a report released Wednesday by the Colorado Association of REALTORS. There were 6,617 single-family home sales last month, up 21 percent from...
New listings, sales and inventory continue to challenge most markets The median price of a single-family home statewide in Colorado decreased to $300,900 in November, down about $17,000 from the year’s high in June according to market statistics released today by the Colorado Association of REALTORS®. Even so, compared to a year ago, single-family home prices were 9 percent higher last...
NAR: Internal News Service Special Report Full Report Available Here Board Approves Free Forms For All Members The NAR Board of Directors at its Nov. 16 meeting in San Diego approved a partnership between NAR and zipLogix® to provide a national forms and transaction management benefit to all NAR members. The board heard reports on a number of NAR initiatives—including advocacy successes in 2015. A...
We've known for quote some time that scammers have been targeting real estate transactions, such as this warning from CTMeContracts in July of this year of several attempts to deceive real-estate agents and title company employees into wiring earnest money and/or closing funds into a fraudulent account. But now NAR is delivering warnings about the potential threat. According to panelists at the...