Colorado Association of REALTORS | Consumer Awareness
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Consumer Awareness

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Feds Arrest Dozens in Sweeping Action Against Hackers Targeting Wire Transfers – Including Those Targeting Real Estate Transactions

The federal government announced Monday that it conducted a massive sweep and arrested nearly 75 people who allegedly participated in schemes designed to intercept and hijack wire transfers from businesses and individuals, including those involving real estate transactions.   According to the agencies, the operation, which was called “Operation Wire Wire,” also resulted in the seizure of nearly $2.4 million, and the...

View from the ground up of high rise housing.

Denver City Council Approves Plan for New Neighborhood at Elitch Gardens Site

DENVER -- The Denver City Council has approved a new long-term development plan for downtown Denver and it includes a new neighborhood.   The council heard public comment before voting to unanimously approve a plan that would allow for future changes and development at the current site of Elitch Gardens, the Pepsi Center, and surrounding parking lots. The formal title is the “Downtown Area Plan”...

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CFRR Exec Committee Told 1% Growth Limitation a Non-Starter

Hill poll shows ballot Initiative 66 starting off at only 36%   FOR IMMEDIATE RELEASE   JUNE 6, 2018 (Denver) – The leadership committee for the campaign organized to defeat a filed ballot measure received a briefing from its pollster indicating that concern over a proposed 1% growth limitation along the Front Range may in fact be short-lived. The measure starts off with only...

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Key-Turning Tips for Homebuyers — and for Home Sellers — in Denver’s Molten Market

Getting pre-approved for your loan, knocking out your home chores and more ideas for making buying and selling a home pain-free Joe Amon, The Denver Post   We talked to REALTORS®, loan originators and nonprofit home-buyer educators about the best strategies for people on both sides of the home sale transaction.   “I recommend my clients do everything humanly possible with their lenders,” REALTOR® Matt Leprino said....

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Denver-Area Real Estate Agents Face Challenges From DIY Buyers and Sellers and Low-Cost Competitors

In 2017, 13 percent of buyers and 8 percent of sellers didn’t use a real estate agent when purchasing or selling their homes By ALICIA WALLACE | awallace@denverpost.com | The Denver Post   Kelly Moye, a REALTOR® with RE/MAX Alliance in Broomfield, has been a broker in Colorado for 27 years. She has ridden the undulations of the Front Range real estate market and witnessed the evolution...

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Two Huge Wins for Colorado’s Conservation Future

By KEN SALAZAR and TOM GOUGEON   We live in a state where three in four residents consider themselves conservationists, and 87% understand that Colorado’s open lands and outdoor lifestyle give the state an economic advantage.   That’s why we hope every Coloradan will take a moment to recognize two huge legislative wins achieved this month for conservation in our state – and what together these wins...

Denver Colorado - inside State Capitol Building. BW image.

2018 Colo. Legislature REALTOR Win with Squatters Bill

Author: Dan Njegomir - May 22, 2018 - Updated: May 22, 2018   Builders, developers and real-estate agents as well as affordable-housing advocates, among others, closely watched a number of bills that stood to affect the housing market along with basic property rights. You guessed it: Two legislative chambers run by opposing parties put the kibosh on some proposals those stakeholders opposed while forging compromise...

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Castle Rock Named One of Seven Fastest Growing Places in US

Castle Rock saw 5.1% growth in 2017 By: Meghan Lopez   CASTLE ROCK, Colorado—The town of Castle Rock was recently named one of the fastest growing areas in the entire country.  According to the U.S. Census Bureau, Castle Rock is competing with big cities like Phoenix, Los Angeles, San Antonio and Dallas for the most growth. It saw a 5.1 percent increase in its population...

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Hard to Play Real Estate Game When Rules Keep Changing

A new phenomenon is creeping into Denver that is posing an enormous problem for the 2020-plus buyers and sellers   BY MATTHEW LEPRINO   Like a game of Whack-A-Mole at Chuck-E-Cheese, it would seem that every time one low inventory-fueled abnormality pops up, another takes its place just as we begin to wrap our heads around it.   Desperate buyers seeking to find a way, any...

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Berthoud Homebuilder’s Mission: Affordability

Mission Homes Colorado to break ground in July on houses starting in mid-$200,000s By Craig Young Reporter-Herald Staff Writer   For several years, builders in the region have said that it's not possible to construct a detached single-family home that would sell for less than $300,000.   "On the Front Range, the conversation starts in the mid-$300,000s," he said. "But the days of homes in the...