How the FTC decided to allow the Zillow/Trulia Merger? The following are the comments of the Federal Trade Commission in setting out their view of the Zillow/Trulia combination. This is interesting reading for all industry participants. We note that REAL Trends (along with many others) filed an expert report on this matter, which laid out industry fundamentals as to how brokers...
REALTOR® Day was a success! Thank you so much to everyone who attended REALTOR® Day at the Capitol this past Tuesday. We had over 200 attendees from across the state, and had a very successful day speaking with our legislators. We'd like to thank special guest US Senator Cory Gardner for being our speaker. We would also like to extend...
Construction is once again revving up across Colorado. This should be a welcomed sight for Colorado’s economy, for REALTORS® and part of the answer to our states low affordable housing inventory. Unfortunately this is not the case. The condo market continues to lag due to construction defects, subsequent litigation and extraordinarily high insurance premiums that make it less appealing to...
Colorado’s housing market is booming. Affordably priced homes are receiving multiple offers over asking price within hours of being listed. Why, then, are there no new builds of affordably priced condominiums and townhomes? CONSTRUCTION DEFECTS. Builders and developers have been scared away from developing in Colorado due to the current construction defects laws. Homebuilders and homeowners have a high risk of expensive,...
SOLD OUT! REALTOR® Day at the Capitol: Tuesday, February 17th 2015 REALTOR® Day at the Capitol is SOLD OUT. We will be having no on-site registration for this event. For our attendees, we are looking forward to seeing you Tuesday morning. We will begin with an optional morning program where you can observe the House or Senate floorwork at 9AM. Lunch...
According to many sources, oil price drops can be good for housing. But, there are some downsides. Here’s our analysis. Written by Steve Murray, REAL Trends publisher If you’ve been to the pump lately, you’ve surely had sticker shock in a good way. Another positive thing about oil price drops is that, experts say, it’s a good thing for the housing market....
LAST DAY for Pre-Registration Pricing! REALTOR® Day at the Capitol: Tuesday, February 17th Today is the LAST DAY to register at the $55 rate. Tomorrow, registration costs increase to $65. We are selling out quickly, and will most likely not have any on-site registration, so please don’t delay! Don't miss the 2015 REALTOR® Day at the Capitol on Tuesday, February...
More than 68 million single-family and condo households, about 87 percent, would qualify for down payment assistance available in the county where they are located. That's why CAR, in partnership with Down Payment Resource, has made available a portal through which both members and prospective homeowners can research their eligibility for various down payment assistance program based on property information, household...
Official job description for Chief Exectuive Officer opening at CAR posted below. Please read requirements and information on how to apply. If you’re a forward-thinking visionary with proven leadership abilities, this is your opportunity to make a difference in one of America’s most vital industries. ADVANCE YOUR CAREER AS OUR CHIEF EXECUTIVE OFFICER! Chief Executive Officer With a mission of “Protecting the Real Estate...
Colorado Housing and Finance Authority (CHFA) announced this week that it is now offering its down payment assistance for homebuyers in the form of a non-repayable grant. The program will provide qualified borrowers with down payment and closing-cost assistance for up to 5 percent of the purchase price of a home.With Colorado home prices having increased by six percent in 2014...