The CAR Blog
Knowledge Happens Here
Posted on
January 25, 2019
A warning is going out to REALTORS® across Colorado to beware of fake clients targeting women working alone. But men should also take important safety precautions.
Larina McClain, managing partner of the noted Madison & Company Properties spoke with FOX31 about a mysterious client who asked her to show a property, exhibiting strange behavior and acting inappropriately.
McClain, who brought along an associate, says the man exhibited...
Posted on
January 22, 2019
In response to government shutdown, FirstBank offers 0 percent interest
Like Americans across the country, Coloradans are feeling the pinch of the government shutdown. Paychecks are on hold for more than 800,000 people nationwide and an estimated 15,000 federal workers in Colorado have been forced to go on unpaid leave or have been working without pay since December.
As one of the...
Posted on
January 22, 2019
By Matthew Leprino
January 2019
There is little that markets like less than uncertainty, be it real estate, or otherwise. So when a segment of the population isn’t working, and worse, when they aren’t spending money, uncertainty grows and creates a ripple effect throughout our economy. As the partial government shutdown nears ever closer to a month, the likelihood that it will...
Posted on
January 22, 2019
Denver moved up three spots to rank fifth last year in an annual survey of the country’s top moving destinations from Penske Truck Rental.
Two colder climate cities, Denver and Portland, Ore., made the list despite their higher real estate prices compared to other cities on the list. Denver ranked 8th in 2017, 4th in 2016 and 6th in 2015.
A separate survey from Atlas...
Posted on
January 22, 2019
The Colorado Association of REALTORS has pegged 2018 as a year of "tremendous contrasts" across the state. Down to the zip code, location mattered as much as anything else. While some experts and economists have predicted a downturn in 2019, evidence of softening real estate markets was not universal across the state, according to the association.
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In Summit County, the total...
Posted on
January 18, 2019
House Bill 19-1075: Tax Credit Employer-assisted Housing Pilot Program
HB19-1075, sponsored by Representative James Wilson (R-Salida), creates a pilot program to increase employer-assisted housing projects in rural areas of the state from 2019 to 2023 tax years. It creates a state income tax credit to any taxpayer that donates to a state housing authority, Colorado and Housing Finance Authority (CHFA), a...
Posted on
January 16, 2019
Despite drop in sales, median prices continued to climb
Metro Denver’s housing market saw sales slide and prices continue to rise last year, and that pattern dominated across much of the state, according to a monthly update from the Colorado Association of REALTORS.
Colorado Springs and El Paso County, the next biggest housing market after metro Denver, suffered a 5.5-percent drop in single-family...
Posted on
January 16, 2019
Despite market trend predictions from experts and economists of a possible downward shift in real estate in 2019, the Colorado Association of REALTORS® doesn’t expect that to be the case for all of Colorado.
While there was an increase in listings statewide in the second half of 2018, new listings went down in December with 3,868, down 36.5 percent from the...
Posted on
January 15, 2019
It is with great sadness that we share the news of the passing of William M. Moore.
Moore was a valued and respected member of the CAR family and a legacy and inspiration to many in the Real Estate community. Not only did Moore build and sell more than one iconic Real Estate brand in Colorado, he was a father of two daughters,...
Posted on
January 15, 2019
The National Association of REALTORS® released state-by-state reports outlining the total economic impact of real estate related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance.
The real estate industry accounted for $70,517 million or 20.4% of the gross state product...
