It is with sadness that we share the passing of Linda Philpott. Linda was a dedicated volunteer and a fixture on many committees and boards, and at events at the local, state, and national level. Linda is well known for her genuine love and commitment to the REALTOR® association, and every volunteer commitment she made was in the spirit of...
CU’s 2023 Colorado Business Economic Outlook report provides mixed forecasts about the housing market, construction, infrastructure, and the labor market. A few highlights from the forecast: Inflation The story for 2022 was inflation. The story for 2023 will be inflation. “But the high rate may have crested; we’re seeing a slowing of price growth,” said Richard Wobbekind, Associate Dean Business and Government Relations...
On Friday, December 23, the U.S. House of Representatives passed the FY 2023 Omnibus spending package, narrowly avoiding a shutdown and funding the federal government through September 30, 2023. The $1.7 trillion spending package includes funding for agency programs and initiatives important to real estate, including: Reauthorizing the National Flood Insurance Program (NFIP) through September 30, 2023; $86 million for HUD Fair...
As life-threatening weather events grow in frequency, our homes, in turn, are becoming more vulnerable. From floods, hurricanes and severe winter storms to droughts, wildfires and extreme heat, residential communities face a growing number of climate-related threats. The more REALTORS® know about extreme weather risks, the better equipped they’ll be to help prospective homebuyers navigate the troubled waters of purchasing a...
Fewer than 170 building permits have been issued for 1,084 burned homes. Empty lots are sitting on the market. A year after the Marshall fire, just one home has been rebuilt. Other homeowners got a jump on the permitting and building process are on track for July or August move-in dates. Fewer than 170 permits had been issued by the cities of...
Before the end of 2022, Gov. Jared Polis issued eight proclamations, declaring the vote for ballot measures that the public approved during November's election. Below are the new Amendments and Propositions that impact Colorado real estate. Amendment E. A Constitutional measure referred to the ballot by the General Assembly, it expands the state's homestead property tax exemption, currently granted to qualifying seniors and...
Congratulations to Terry McCabe, a longtime Four Corners REALTOR®! On December 13, Cortez Mayor Rachel Medina presented Terry with a Proclamation of Gratitude and Appreciation from the Cortez City Council for her commitment to leading the volunteer effort that puts on the Four Corners Board of REALTORS® Christmas Parade of Lights. Terry has hosted, produced, and organized the Cortez event...
Colorado Association of REALTORS® wishes everyone a happy and safe holiday season. Below is a list of holiday events throughout the state for the various holidays this winter season. Hanukkah Aspen https://www.aspenjewish.org/chanukah2022 Denver/ Cherry Creek https://www.jewishcherrycreek.com/chanukah Throughout Colorado https://bit.ly/3uVQqTE Christmas/ Winter Holiday events Denver Christkindlmarket Nov. 18 to Dec. 23 https://www.christkindlmarketdenver.com/ Horse-Drawn Carriage Rides in Downtown Grand Junction https://www.visitgrandjunction.com/events/free-horse-drawn-carriage-rides-downtown-grand-junction Telluride https://bit.ly/3FWkpRP Christmas Lights https://bit.ly/2QBl9mB Kwanzaa Kwanzaa Festivities Across Denver https://www.milehighonthecheap.com/kwanzaa-festivities-denver/ Colorado Springs Kwanzaa https://cospringskwanzaa.org/ ...
The typical seasonal slowdown is being fueled by some interest rate uncertainty, as well as speculation and hope for what spring 2023 may offer to patient buyers. While there is still a sound and growing number of opportunities for buyers, the activity and pace of eager buyers and sellers have taken a much-needed break. The slowdown can be seen across multitude...
Interest and engagement in Colorado Project Wildfire initiatives continues to rise as the growing number of wildfires and severity of those fires captures the attention of our primary target audiences – including our members throughout the mountain communities, as well as the front range following the catastrophic Marshall Fire at the end of 2021. As a result, our program participation was...