Posted on
January 30, 2019
Many REALTORS®, members of the National Association of REALTORS®, go beyond helping consumers buy and sell homes by giving back to their communities through volunteer work. In fact, according to NAR's Community Aid and Real Estate report, nearly 70 percent of REALTORS® volunteer in their community each month. To recognize that commitment by REALTORS® across the country, NAR is currently accepting applications for the...
Posted on
January 30, 2019
Another busy year for home purchases in Pueblo County lost some steam in the second half as higher prices and tight inventory slowed buyers, according to 2018 sales data released by local and state REALTORS® groups. The trend matches one reported in many communities in Colorado and the nation.
Last year “was a good year for the Pueblo market!” David Anderson,...
Posted on
January 29, 2019
The Colorado Association of REALTORS® (CAR) has completed a 50-state research analysis designed to identify the most innovative and successful programs being implemented to address the full spectrum of housing issues facing communities across the United States.
From affordability and product type to inventory needs, CAR’s research set out to help identify what state and local governments, public and private businesses,...
Posted on
January 25, 2019
Senate Bill 19-051: Increase General Fund Funding for Transportation
SB19-051 sponsored by Senator John Cooke (R-Greeley) and Senator Ray Scott (R-Grand Junction), authorizes the state to transfer additional general fund money to fund the state's transportation needs as enacted by Senate Bill 18-001 in 2018. Under Senate Bill 18-001, the state now dedicates $105 million to the state highway fund, $22.5 million to...
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...
