The CAR Blog - REALTORS Property Listings Colorado
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The CAR Blog

Knowledge Happens Here
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How I Bought a Home in Denver

Meg Schubert, an architect who’s married to architect Drew Allen, shared the couple’s homebuying journey to purchasing a two-bedroom condo in the Mile High City.   Denver’s real estate market was a little crazy when we started thinking about buying. Homes were selling in a day, and almost always above asking price. We wanted to make sure we had all our ducks in a row...

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High-flying markets in Pueblo, elsewhere in state turn choppy

The red-hot housing market in Pueblo and other Colorado communities shows more signs of leveling or, possibly, starting to cool.   "An early peak housing season (in April and May) has been met with an earlier than normal seasonal slowdown as buyer and seller behavior is changing amid the latest market conditions," the Colorado Association of REALTORS® said Friday in releasing the...

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With no leader, no employees and no money, what will happen to Boulder County’s public trustee?

Governor's office: We have a plan, but no details available By Shay Castle   Numbers have been dwindling for years inside Boulder County's public trustee office. As the revenue from fees on ever-shrinking sales and foreclosures grew smaller, so, too, did the staff: down from five in 2012 to two today.   Next week, staff will drop further, to zero.   Trustee Jim Martin announced his resignation...

Home For Sale Real Estate Sign in Front of New House.

Is Denver’s Peak Selling Season Shifting?

By Matthew Leprino   The change you’ve been waiting for is here, but it may not be the one you’ve been expecting. Since 2008 and the subsequent recovery, many have been on the edges of their seats waiting for the doom, gloom and yes, opportunity that another bust may bring. Any sign of a change would be welcome as the market and the corresponding...

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Property owners are responsible for upcoming mandatory sidewalk repairs

The goal of creating well-maintained sidewalks across Denver may soon become a headache for property owners.   Sidewalks around the city are about to undergo mandatory repairs on the property owners’ dime.   This month, a city inspector will start hunting for damaged and uneven sidewalks that need repair in Denver as part of the Neighborhood Sidewalk Repair Program. City ordinance says the cost to fix them falls on the property...

Evidence of Denver housing market slowdown; changes happening in Denver metro and statewide

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/   ENGLEWOOD, Colo. – Aug. 10, 2018 – An early peak housing season – April/May – has been met with an earlier than normal seasonal slowdown as buyer and seller behavior is changing amid the latest market conditions, according to the July 2018 statewide housing data from the Colorado Association of REALTORS® (CAR).   With enough evidence building to demonstrate a change is...

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IRS Guidance Out on 20% Business Income Deduction

The Internal Revenue Service issued proposed regulations today for a new provision allowing many owners of sole proprietorships, partnerships, trusts and S corporations to deduct 20 percent of their qualified business income. The new qualified business income deduction is available for tax years beginning after Dec. 31, 2017. Taxpayers can claim it for the first time on the 2018 federal...

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Home Inspectors: When to Connect or Reject

Hiring an inspector can bring an interesting dynamic to the home buying process, as it is the only profession in the real estate transaction that does not require any credentials or licensing. Only an estimated 25% of inspectors carry insurance and even fewer have been subjected to a background check. With home inspectors having unlimited access to your client’s home,...

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Colorado Springs Home Sales Fall Again in July, but Experts Say Market Remains Strong

Home sales totaled 1,592 in July, a 3.3 percent drop from the same month last year, says the latest report by the Pikes Peak Association of REALTORS®. Monthly home sales haven’t increased on a year-over-year basis since February.   Through the first seven months of 2018, home sales totaled 9,296, a slight, 0.1 percent gain over the same period last year, the...

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Which City is Better: Denver or Colorado Springs?

DENVER -- Denver and Colorado Springs — are we rivals or friends? And which city is better to live in?   Several recent surveys are giving the nod to Colorado Springs.   U.S. News and World Report ranked Colorado Springs as the second-best place to live in 2018, and the most desirable city in the country. Meanwhile, Denver was ranked as the third-best place to live and...