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...
Market conditions result in record high median pricing levels in both Denver metro area and state as low inventory dominates housing discussion. ENGLEWOOD, Colo. - March 12, 2018 - While housing hope springs eternal, inventory statistics across the state paint a different picture and have resulted in numerous record-high median pricing levels in Denver and across the state, according to the...
It is with great sadness to share with you that we have lost two of our past CAR leaders in December - WR “Bob” Bray Sr. (1965 CAR President) and Richard Berger (1990 CAR President). W.R. Bray W.R. Bray passed away on Friday, December 1, 2017. He was 90. He was the Chairman of the Board of Bray Realty until about four...
Rising to the Challenge The Colorado Association of REALTORS® is now accepting applications for its Officers and NAR Directors positions. CAR is looking for future leaders who are willing to “rise to the challenge” of leading the Association into the future! “We make a living by what we get, but we make a life by what we give.” — Winston Churchill This quote by Winston...
ENGLEWOOD, Colo. – Dec. 12, 2017 – With a significant decline in new listings and active listings continuing to define a low inventory market across the metro area and the entire state, median home prices are holding their own, according to the latest housing report from the Colorado Association of REALTORS® (CAR). With limited new housing starts, the record low inventory...
Colorado has welcomed transplants from bordering states and states throughout the country in the recent years. Colorado's beauty has finally been discovered and it seemed people couldn't get enough of it. However, it seems with the rise in the housing market Colorado has become less affordable. This realization has impacted how many people are moving to the state and how...
Elizabeth Peetz CAR's Vice President of Government Affairs and Madeline Cain CAR's Government Affairs Manager are both featured in Colorado Politics Article as "New Political Players". Elizabeth Peetz will be directing the association's efforts on public policy, as well as manage its government affairs division. Besides advocacy and legislative work, Peetz will oversee the Realtors’ Legislative Policy Committee, candidate endorsement process...
Despite cooler temperatures, Pueblo, Colorado is still experiencing the effects of the housing market as they remain active through the seasonal cool down and prices continue to rise month over month. CAR's Housing Market Statistics showed that the median sales price for a single-family home rose from $184,600 in September to $190,110 in October. Even though Pueblo is experiencing an increase in...
[caption id="attachment_22653" align="alignright" width="245"] Madeline Cain[/caption] [caption id="attachment_22652" align="alignnone" width="245"] Elizabeth Peetz[/caption] ENGLEWOOD, Colo. – (Nov. 16, 2017) The Colorado Association of REALTORS® (CAR) has named Elizabeth Peetz, Esq. as its vice president of government affairs and promoted Madeline Cain to government affairs manager. Peetz, a licensed attorney in Colorado, Nebraska and Washington D.C., has been with the association’s government affairs division since...
Lack of inventory and massive year-over-year gains in the price of entry-level homes are not the only factors preventing prospective first-time homebuyers into taking the leap towards homeownership. According to NAR's 2017 Profile of Home Buyers and Sellers Speak report, first-time homebuyers are struggling to afford the costs that come with purchasing a home. In fact, 1 in 3 first-time...