The median price for a single-family home in Denver was $510,000 in July, up about 6 percent over last year. But in a sign of a shift — however slight — toward a buyers’ market, sellers were getting 99.3 percent of what they were asking, compared to 100.3 percent last year, according to the latest monthly data report released Monday by...
After a five-day manhunt, police in Commerce City, Colo., arrested a man who allegedly attacked a real estate agent at an open house and fled after the agent fired a bullet at him with her handgun. Ernest Robert Chrisman, 43, was arrested Thursday and charged with first-degree burglary, aggravated robbery, and second-degree assault. The agent, Dawna Hetzler, CRS, of New Dawn...
July housing sales strongest in years for select local markets while falling interest rates can’t overcome long-term inventory issues Contact: Marty Schechter for CAR marty@schechterpr.com https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO. – Aug 12, 2019 – With falling interest rates and less expensive mortgages, sales of single-family homes were strong in select local markets, including a record-setting month in Colorado Springs, but fell off overall from June to July in...
By Jeff Martin, PE, Project Manager, Denver Water Engineering Division COLLABORATIVE APPROACH WILL BENEFIT WATERSHEDS ON WESTERN AND EASTERN SLOPES Denver Water’s Gross Reservoir Expansion Project will raise the dam 131 feet; nearly tripling the capacity of a reservoir that plays a vital role in its ability to reliably provide water to 1.4 million people in Denver and many of its suburbs. Provided the remaining federal approvals...
By: Simon Kafati Assistant VP – Mortgage & Consumer Lending, FirstBank It’s official! In November 2018, millennials claimed the lead in mortgage ownership, taking the largest share of new loans by dollar volume at 42 percent. That’s compared to a share of 40 percent for Generation X, and only 17 percent for baby boomers. Now numbering at roughly 83 million in the U.S., millennials have...
Boulderite Judy Pitt has been a Colorado REALTOR® for 40 years Amidst the demands that come with being a REALTOR® over the last 16 years, she has found the time and developed a passion for bringing rainwater harvesting systems and teaching hygiene and sanitary practices to the residents of Kenya. Pitt was a recipient of the NAR Good Neighbor Award Winner in 2011...
By CAR's Government Affairs Vice President Elizabeth Peetz Happy Summer! The USA Women’s team won the World Cup in France and we are post all-star break, with half the season left to go in baseball. And before you know it, we will be talking about the preparation for the 2020 legislative session. But first let’s take stock of where we are...
Providing REALTORS® with Opportunities to Stand Out Technology has always been the great disrupter, forcing established industries to adapt and change with the times. Backed by venture capitalist investment from Silicon Valley and overseas, Instant Buyers, or iBuyers as they’re known, have developed algorithms they say can accurately assess the value of homes. And while their arrival in Denver has alarmed some in real estate, some...
By CAR's General Counsel Scott Peterson Over the previous year, the Division of Real Estate has undertaken an exhaustive, line-by-line review of all existing Commission Rules and Regulations (“Commission Rules”) for Colorado licensees. The Commission Rules (Rules A-K) comprise Chapter 2 of the Real Estate Commission Manual (which each of you, I am certain, have sitting immediately available on your desk). ...
Aug. 8, 2019 Update "If I didn't have my firearm, I wouldn't be here to talk to you." That's how REALTOR® Dawna Hetzler sums up how she survived an attacked during an open house on Sunday, Aug. 4. Hetzler spoke with 9 News on Wednesday in hopes that it would help lead to the capture of her assailant. Nothing seemed amiss when...