Posted on
February 14, 2017
Key findings from the January research report include:
Record-low inventory still dominates Colorado market
42 percent increase in January 2017 new listings over December 2016
Sold listings down 28 percent in January due to record-low inventory
Active listings remain at historic lows
Denver Metro area has just over one-month inventory supply – less than one month for condos and townhomes
ENGLEWOOD,...
Posted on
February 14, 2017
Thank you so much to everyone who attended REALTOR® Day at the Capitol! We had over 200 attendees from across the state, and had a very successful day speaking with our legislators. We would like to thank Henry Sobanet, Director of the Office of State Planning and Budget for Governor John Hickenlooper for providing the audience an interesting and insightful...
Posted on
February 6, 2017
Last week, CAR General Counsel, Scott Peterson testified at the first pre-hearing on the Division of Real Estate Sunset before the Senate Business, Labor and Technology Committee. This pre-hearing was an opportunity for the committee to hear from the Department of Regulatory Agencies Policy Analyst and stakeholders on the DORA Sunset Report. Peterson shared CAR’s comments on the report, explaining...
Posted on
January 30, 2017
On Wednesday January 25th, CAR General Counsel, Scott Peterson testified at the pre-hearing on the Division of Real Estate Sunset before the Senate Business, Labor and Technology Committee. This pre-hearing was an opportunity for the committee to hear from the Department of Regulatory Agencies’ Policy Analyst and stakeholders on the DORA Sunset Report. Peterson shared CAR’s comments on the report,...
Posted on
January 23, 2017
Regulation of Home Inspectors is calendared for January 31st.
CAR initiated Senate Bill 17-038, Concerning Regulation of Home Inspectors by Senator Nancy Todd (D-Aurora) was introduced last week and will now be heard in the Senate State, Veterans & Military Affairs Committee on January 31st. Today, the Legislative Policy Committee (LPC) officially voted to support the bill and CAR will prepare...
Posted on
January 18, 2017
The first gavel of the first session of the 71st General Assembly came down on Wednesday, January 11th, ushering in twenty new legislators, with six legislators finding themselves in a new chamber and three legislators returning to the legislature with previous legislative experience. The session, which will be a busy one for REALTOR® interests, got off to a quick start...
Posted on
January 12, 2017
Market playing out low inventory, high demand theme.
While the median price of a Colorado home remained flat in December 2016 at $315,000, buyers and sellers experienced a 10 percent increase in the median sales price over the course of the year, according to the latest statewide housing report from the Colorado Association of REALTORS® (CAR). With a median sales price...
Posted on
December 22, 2016
We'd like to wish all of you a very Happy Holiday season.
In observance, the CAR offices will be closed the following days:
• December 23
• December 26
• December 30
• January 2
Stay safe and enjoy the Holidays!...
Posted on
December 15, 2016
As a first-time homebuyer, you have a lot on your mind. But, location and price are likely at the top of the list. So, where can you put down your roots without breaking the bank?
Taking a look at three top categories — affordability, livability and price stability—NerdWallet ranked the best places for first-time homebuyers nationwide. Centennial, Colorado ranked 8th nationwide...
Posted on
December 14, 2016
WASHINGTON (December 14, 2016) — Existing-home sales are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home, according to new consumer survey findings and a 2017 housing forecast update from the National Association of Realtors®.
In NAR's fourth quarter Housing Opportunities and Market Experience (HOME) survey 1,...
