Colorado Association of REALTORS | General
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General

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Pueblo housing market stays close to last year’s peak; median selling price nudges higher

Pueblo’s housing market isn’t losing much of a step.   Home sales in April remained down from last year’s peak but they rebounded from March’s weak start to the spring homebuying season.   For single-family homes, the median selling price of $199,000 in April was up 2.1% from a year earlier, according to the Colorado Association of REALTORS®’ monthly report. The average selling price...

New housing inventory delivers little help to buyers as strong sales continue to drive pricing to new record highs across Colorado

ENGLEWOOD, CO. – May 10, 2019 – The much-anticipated influx of new spring season listings in Colorado’s housing market has had a limited impact for buyers as strong sales and continued low inventory have driven median and average pricing to record levels in the seven-county Denver metro area, as well as markets across the state. Those high-water marks for pricing...

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16 Colorado REALTORS® Graduate from Distinguished Leadership Program

Englewood, CO (May 7, 2019) – The Colorado Association of REALTORS® (CAR) announced the graduation of 16 REALTORS® from its 2019 Leadership Academy program. The Leadership Academy is an exclusive four-month training and development program designed to nurture future Colorado REALTOR® leaders through in-depth industry and association knowledge.   Working with CAR staff, mentors, and professional instructors, Leadership Academy participants developed a...

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Denver Remains a Top Destination for Millennials, but a Shortage of Affordable Homes Could Make it Harder to Keep Them

Denver remains a magnet for millennials, but a lack of affordable homes could prevent many of them from sticking around for the long haul.   Out of 100 metros examined, Denver continues to rank in the top 10 for its ability to attract and retain millennials, the generation born between 1980 and 1998, according to a study from the National Association of...

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How Does New Construction Affect Housing Prices?

Denver’s 2019 elections have become a referendum on development, with Mayor Michael Hancock defending his handling of the city’s rapid urban growth. The debate has produced some major questions about development, housing and money. Here are some answers.   Are housing prices slowing down?   Yes. The pace of increases for rent and sale prices has slowed down lately. The median single-family home in...

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Capitol Connection: May 3, 2019

Colorado General Assembly Adjourns Sine Die   Today, Friday, May 3rd, the final gavel came down on the first regular session of the 72nd General Assembly. In total, 653 bills were introduced in the 2019 legislative session. The Colorado Association of RELATORS® (CAR) tracked 89 bills this year that would affect our industry and the Legislative Policy Committee (LPC) took a position...

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For Business Groups, Colorado’s 2019 Legislative Session Has Been “Very Difficult” to Navigate

“What’s different is that there are so many new legislators and the very fast speed for consideration of big concepts and ideas,” said Elizabeth Peetz, vice president of government affairs for the Colorado Association of REALTORS®. “But we’ve always worked (in a bipartisan way) across the aisle. So we had a lot of new players who weren’t aware of how...

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Colorado Association of REALTORS® Encourage Colorado Residents to Sign Up for Local Emergency Notifications

If there was an emergency in your community, how would you learn about it? Social media? The news? Word of mouth? That could take anywhere from a few minutes to a few hours. What if you could learn about it within a matter of seconds?   Email and phone emergency alerts are nothing new, but less than 20 percent of community members...

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May 4th Marks 6th Annual Wildfire Community Preparedness Day

DENVER – With more than half of the state’s population now living in or near areas that are prone to wildland fire, public and private organizations across the state are teaming up as a part of Wildfire Community Preparedness Day (May 4) to educate and help Colorado residents to prepare for the growing threats created by wildfires.   According to the Colorado...

CAR Email News Legislative Review

With a week left, here are bills lawmakers should kill and a few they should pass

As Democrats are scrambling to get the last of their agenda accomplished before the 2019 legislative session ends in almost exactly a week, we thought we’d help them with a little bit of prioritization.   First, there are two terrible bills that Colorado lawmakers should pitch out the closest window.   Senate Bill 225 would do away with a long-standing prohibition on rent control policies...