Colorado Association of REALTORS | Consumer Awareness
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Consumer Awareness

legal document for sale of real estate property in europe, with a gold-nibbed fountain pen and house keys

A glimpse into why Colorado Springs’ economy is attracting so many outsiders

The city leads the state for employment growth in 2018 and 2019, thanks to diversity in business, age, health care, cybersecurity.   Lower housing prices have definitely attracted Denver buyers willing to brave the commute, said Donna Major, current chair of Pikes Peak Association of REALTORS®. On average, homes in the Colorado Springs region cost about a third less than houses in...

CAR-Happy-Holidays

CAR’s office hours for the rest of the year

It's hard to believe that 2018 is coming to a close! We hope that it has been a great year for you! ### Our office hours for the next 2 weeks are below: ### December 24th - Open 8am-12pm December 25th - Office Closed December 26th - Office Closed December 31st - Open 8am-12pm January 1st - Office Closed January 2nd - Office Closed ### From all of us at the Colorado...

businessman is calling for advice when reading contract

Good Deeds, Bad Deeds and Colorado Property Deeds

### One of the more significant changes coming to the Colorado Commission Approved Contract to Buy and Sell (“CBS”) in January 2019, relates to Paragraph 13 (“Transfer of Title”) of the form.  For many years, Paragraph 13 of the CBS has included a ___________ (blank) prior to describing the type of deed that seller would deliver to the buyer at Closing. ...

passenger jet plane flyin above cloud scape use for aircraft transportation and traveling business background

We have reached cruising altitude

We have reached cruising altitude By Matthew Leprino   You know the moment; you’re about 15 minutes into your flight - you’ve grabbed your tablet or magazine and are settling in to your voyage. The seatbelt light is still on and the pilot has yet to make the obligatory ‘we’ve reached cruising altitude’ message but you can feel the leveling out as you...

Colorado developer builds single-family homes for under $250,000

Earlier this month, Oakwood unveiled its 24-home development off Pena Boulevard and 54th Avenue in Green Valley Ranch. The homes are priced around $230,000. While smaller than the average Denver home — roughly 1,200 to 1,400 square feet — buyers can choose a one- or two-car garage, the number of bathrooms, and from two to four bedrooms.   "The average price of...

Jobs Fuel Absorption; Vacancy Decreases

By Kyle Malnati CEO, Broker Owner Calibrate Real Estate   Denver’s apartment market has been in an Expansion Phase for 7 years, resulting in amazing appreciation for multifamily owners. Cary Bruteig, MAI, of Apartment Appraisers & Consultants has studied Denver apartment buildings for 25+ years. His firm has surveyed over 400,000 apartment units in 2,000 completed appraisals and/or market studies. Bruteig is...

Holiday Housing Market a Gift to Buyers?

Holiday and seasonal slowdowns combine to create more opportunities, less stress for homebuyers across the state   ENGLEWOOD, CO. – Dec. 12, 2018 – Despite the start of the typical seasonal and holiday slowdown in the housing market, median sales prices continued to tick upward while inventory supply and active listings continued to deliver mixed results in markets across much of the state...

Magnifying Glass in focus looking at a home

Did you know? Home inspectors not regulated by state of Colorado

When it comes to home inspectors, the amount of government oversight varies between states. Colorado is one state that chooses not to regulate home inspectors, meaning it's up to buyers and sellers to do their homework.   There are buyers themselves, facing fierce competition and skipping inspections altogether in Colorado.   "Unfortunately, I have seen that happen," said Matthew Leprino with the Colorado Association...

Panoramic View of the High Park Wildfire in the Colorado Rocky Mountains

6 Trends to Know about Fire Season in the Western U.S.

Lately, it feels like we’re hearing about wildfires erupting in the western United States more often. But how have wildfire occurrences changed over the decades?   Researchers with the NASA-funded Rehabilitation Capability Convergence for Ecosystem Recovery (RECOVER) have analyzed more than 40,000 fires from Colorado to California between 1950 to 2017 to learn how wildfire frequency, size, location, and a few other traits have...

House being built

Homes with no energy bills are catching on — even in Pueblo — and the extra cost isn’t as high as you’d think

A study that found building net-zero homes costs not much more than standard homes changed the trajectory of a Pueblo housing project. Now, more than 5,000 net-zero ready homes are proposed for Colorado.   Pueblo has seen an uptick in new residents moving in from the Front Range looking for a home that’s “a little less expensive,” said Scott Hobson, an assistant...