The CAR Blog
Knowledge Happens Here
Posted on
November 11, 2015
Prices leveling out while inventory remains a significant challenge
Fewer Colorado homes were sold statewide in October, the fourth consecutive month of declining home sales according to market statistics released today by the Colorado Association of REALTORS® (CAR). The 6,965 single-family homes sold last month were 10 percent fewer than September and 23 percent fewer than the year’s peak number of...
Posted on
November 11, 2015
Colorado RPAC Day is the perfect opportunity for all Colorado REALTORS® to recognize the importance of RPAC and invest!
December 10th is Colorado RPAC Day! The REALTORS® Political Action Committee (RPAC) was established to fight for our industry so you don’t have to. RPAC works to promote homeownership and private property rights at the local, state, and national level.
We need your...
Posted on
November 11, 2015
Lots of families are trying to buy a new house before interest rates go up! Watch REALTOR® and CAR Spokesperson Kelly Moye give Channel 2 News a look at what is available and how much your money will get you both in Denver, and in the suburbs outside of Denver.
Houses in Denver:
Houses Outside of Denver:
...
Posted on
November 10, 2015
NAR recently released highlights from its annual Profile of Home Buyers and Sellers. It highlights interesting information stats such as:
• 87% of buyers purchased through an agent
• Only 8% of home sales were FSBOs (lowest since 1981)
• Buyers are more than likely to find their home through agent, rather than through website
• Buyers between ages of 18-24 were most likely...
Posted on
November 9, 2015
It was only a few days ago that the Denver Business Journal reported that Littleton ranked the second best small city in the country.
Now Centennial has been named the 4th best place to live in America, according to a new report that uses data from 550 U.S. cities with populations of 65,000 or more to determine the best. Fort Collins,...
Posted on
November 4, 2015
According to realtor.com®'s "Advance Read of October Trends", the Denver-Aurora-Lakewood Colorado market was the number one hottest market in October. The Denver Metro market ranked the 3rd hottest in September. Boulder Colorado was the 17th hottest market in October, 22nd hottest in September.
The following markets are the 20 hottest markets in the country for October, ranked by number of views...
Posted on
November 3, 2015
According to a new WalletHub study, the city of Littleton is the second-best city in the United States. Affordable housing costs, high home-ownership rates, comfortable cost-of-living, and access to education and healthcare resulted in a high quality of life, giving Littleton its impressive ranking. WalletHub looked at 1,268 small cities across the country, or those with populations between 25,000 to...
Posted on
October 21, 2015
Prices, new listings and inventory down in most areas of the state.
According to market statistics released last week by the Colorado Association of REALTORS® (CAR), the traditional summer housing slowdown that was evident in July and August in Colorado has continued into September. Housing markets often experience slower sales during the summer months as buyers and sellers focus on vacations,...
Posted on
October 21, 2015
A recent article by the Denver Business Journal found that Denver ranks second of the highest paying cities for real estate sales agents. At an average pay (2014 data) of $80,910 per year, Denver came in second only to Indianapolis, with an average pay (2014 data) of $99.540. The data comes from an analysis by The Business Journals of the latest...
Posted on
October 19, 2015
On Thursday, October 22, 2015, the House of Representatives Transportation and Infrastructure Committee will begin consideration on the surface transportation re-authorization legislation.
One proposal would use Fannie Mae and Freddie Mac's credit risk guarantee fees to fund transportation programs. NAR and CAR strongly believe that a new tax on homeowners would also prevent Fannie Mae and Freddie Mac from effectively managing...