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The CAR Blog

Knowledge Happens Here

CAR Bill Designed to Protect Homeowners Heads to Governor’s Desk

Posted on March 15, 2023
Government Affairs, REALTOR® News

Senate Bill 77, otherwise known as Restrictions on Broker Engagement Contracts, has passed and heads to the Governor’s desk for his signature. The bill was brought forth by CAR to protect homeowners, buyers, and sellers from predatory right-to-sell schemes. CAR worked with Senator Nick Hinrichsen (SD-03) and Rep. Meg Froelich (HD-03) on this legislation to prevent harmful business practices. The Colorado...

Wooden blocks spelling "Housing Gap" on table.

Report: Black-White Homeownership Gap is Biggest in a Decade

Posted on March 14, 2023
NAR, REALTOR® News, Residential Housing

While the U.S. homeownership rate has continually increased during the last decade – to 65.5% in 2021 (from 64.7% in 2011) – the Black homeownership rate has not kept pace with increases of other racial groups. Also, people of color endure significant buying challenges throughout and even after their home purchase, according to a report released today by the National...

Call for action at a government building.

Tell Your Senator to OPPOSE HB-1115 and Save Affordable Housing

Posted on March 10, 2023
Government Affairs, REALTOR® News

Tell Your Senator to OPPOSE HB-1115 and Save Affordable Housing Because of your hard work, our association sent thousands of emails to their state representatives and made their voices heard in opposing the repeal of prohibiting local governments to enact rent control.  As a result, a legislator stated on the record that they received hundreds of emails in opposition of HB-1115....

Aerial view of suburban neighborhood with trees.

Looking to rebalance, housing markets taking much needed breather

Posted on March 10, 2023
Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Stats & Trends

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – With potential sellers sitting tight on their low interest rates and buyers skeptical of rising interest rates and reduced buying power, housing markets across the Denver metro area and state continued to take a much-needed breather in the month of February, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS®...

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Capitol Connection – March 9, 2023

Posted on March 9, 2023
Capitol Connection, Government Affairs, REALTOR® News

Legislative Advocacy this Week at the State Capitol “Don’t Miss Out on the Action – Sign up for REALTOR® Party Mobile Alerts” Text REALTORS to 30644 REALTOR®  Party Mobile Alerts, NAR’s advocacy texting platform, offers REALTOR® Associations and REALTORS® a way to stay connected directly from their cell phone or tablet. When a national or state legislative call for action is launched, subscribers get...

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Capitol Connection – March 2, 2023

Posted on March 3, 2023
Capitol Connection, Government Affairs, REALTOR® News

Legislative Advocacy this Week at the State Capitol After another eventful week at the State Capitol, housing legislation has continued to be a top priority with this General Assembly. A handful of Colorado Association of REALTORS® priority legislation made its way through the committee process this week; thank you to our members who testified and reached out to legislators on crucial legislation that...

Scam alert graphic for real estate warnings.

Notice: Showing Scam in Colorado

Posted on March 3, 2023
Consumer Awareness, REALTOR® News, REALTORS® in the News, Residential Housing

CAR has become aware of several instances in multiple locations across the state where scammers are reaching out to listing brokers to gain access to listed properties. In the most common scenario, the scammer will attempt to schedule a showing directly with the listing broker while impersonating an active, licensed broker working with a buyer. They will text or call the listing...

Aerial view of suburban neighborhood with trees.

Metro Home Prices Drop After Two Years of Growth

Posted on March 2, 2023
Consumer Awareness, Market Trends, Market Trends & Statistics, REALTOR® News, REALTORS® in the News, Residential Housing, Stats & Trends

After two years of unprecedented growth, the median sales price of a single-family home stayed the same in Colorado but dropped in Metro Denver, though barely. In January 2023, the median sale price was $569,804, down 1.4% from a year ago. Some parts of the state saw an increase in January. In January, the median price of a single-family home in...

Mortgage rates rising with a house illustration.

Mortgage Rates Rise on Signs of Strong Economic Growth

Posted on March 2, 2023
Market Trends, Market Trends & Statistics, NAR, REALTOR® News, Residential Housing, Stats & Trends

As borrowing costs increase, rate dispersion among lenders is growing. Your clients could save up to $1,200 annually by shopping around, experts say. Mortgage rates are inching up, with the 30-year fixed-rate loan increasing to a 6.5% average last  week, Freddie Mac reports. Homeownership remains attainable for Americans who can afford a 20% down payment and a monthly mortgage payment of...

Hand holding a marker with checklist graphic.

CALL FOR ACTION

Posted on February 27, 2023
Government Affairs, REALTOR® News

Protect your rights to rent your private property, and contact your state legislators to OPPOSE HB23-1115 and AMEND HB23-1171  Members, here is something you can use to alert your rental home owners about bills they should be concerned about Colorado’s rental property owners need to know about the negative impacts of two pieces of legislation making their way through the Colorado Legislature right now:  HB23-1115, repealing the...

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About CAR

The Colorado Association of REALTORS® is the state’s largest professional, voluntary, non-profit, real estate trade association that is dedicated to serving more than 25,000 REALTOR® members across the state. Read More

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