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The CAR Blog

Knowledge Happens Here

Denver Post: Colorado’s affordable-housing shortfall needs a crisis response, study urges

But addressing the shortfall will require unprecedented actions and intense coordination among the public, private and nonprofit sectors, a new white paper the Common Sense Institute released on Friday argues. “We have to act with a sense of urgency. If we don’t act now the decisions will get harder,” said Peter LiFari, executive director of Maker Housing Partners, who co-authored a housing development...

Mountain town with buildings and snowy landscape.

Summit Daily: Summit County’s real estate boom shows no signs of slowing down

“I think that everyone wants to say there’s no inventory and everyone is fighting for the same listings, but the fact is that we’re selling more properties than we have in the last…(two years),” said Dana Cottrell, real estate broker for Summit Resort Group and past president of Summit REALTORS®. Read more at the Summit Daily. ...

Mountain landscape with lake and houses reflected.

Denver Post: Combining work and pleasure, buyers snapped up vacation homes in a big way during pandemic

Routt County was Colorado’s hottest vacation-home market, the National Association of REALTORS® found “As we enter the month of June, buyers and their agents are hopeful for more inventory — reminiscent of thoughts we have about snow — when it is going to come and how much we are going to get?” said Steamboat Springs-area REALTOR® Marci Valicenti, in...

Colorado State Capitol. Capitol Building in Denver Colorado USA.

Legislation Unlocking the Doors to Homeownership Crosses the Finish Line

There is a lot to celebrate this year as CAR honors our 100 years of service to Colorado consumers and looks ahead at how to serve our clients and communities in the century ahead. Over the past several months, CAR and Habitat for Humanity worked to push forward four legislative solutions aimed at helping improve homeownership opportunities for all Coloradans....

Wooden house frame under construction, sunny day.

Developers working on affordable housing in Colorado’s mountains – Offer suggestions for pending wave of funding

The unprecedented housing crisis in Colorado will soon see an equally extraordinary flood of cash. In Colorado's high country, where affordable housing is a decades-long issue that exploded into a catastrophe last year, an army of developers on the front lines of a complex campaign to build workforce housing are ready to help guide the sudden influx of funding. Once the...

Sold sign in front of a house.

Denver Post: Buyer burnout a big concern in metro Denver’s heated housing market

The highly competitive market is forcing agents and buyers alike to get creative in their approach, which is introducing new strategies, said Kelly Moye a REALTOR® , who heads The Kelly Moye Team at Compass Real Estate in Broomfield and is representing the Paynes. For example, some buyers try to force their offers to the top of the stack by putting a...

Estes Park Trail Gazette: Colorado housing markets have a demand problem

Estes Park average home price up 22% year-over-year “The average sale price for a single-family home has jumped 21.9% compared to last year, townhouse/condos also saw an increase of 29.6%. While this is not quite as rapid of growth as other areas of Colorado, it is an incredible increase to the overall pricing in an already tight market. New listings are down...

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Capitol Connection – June 11th, 2021

Legislative Advocacy this Week at the State Capitol 2021 Legislative Session Comes to an End The 2021 legislative session came to a close late Tuesday. Over the past 116 legislative days, the Colorado legislature tackled several huge issues such as statewide transportation funding that has plagued the state for many years. Policymakers also allocated large state and federal stimulus dollars as our state works toward pandemic...