Posted on
November 4, 2015
According to realtor.com®'s "Advance Read of October Trends", the Denver-Aurora-Lakewood Colorado market was the number one hottest market in October. The Denver Metro market ranked the 3rd hottest in September. Boulder Colorado was the 17th hottest market in October, 22nd hottest in September.
The following markets are the 20 hottest markets in the country for October, ranked by number of views...
Posted on
October 21, 2015
Prices, new listings and inventory down in most areas of the state.
According to market statistics released last week by the Colorado Association of REALTORS® (CAR), the traditional summer housing slowdown that was evident in July and August in Colorado has continued into September. Housing markets often experience slower sales during the summer months as buyers and sellers focus on vacations,...
Posted on
October 21, 2015
A recent article by the Denver Business Journal found that Denver ranks second of the highest paying cities for real estate sales agents. At an average pay (2014 data) of $80,910 per year, Denver came in second only to Indianapolis, with an average pay (2014 data) of $99.540. The data comes from an analysis by The Business Journals of the latest...
Posted on
October 8, 2015
by Mark Fleming, chief economist, First American. Article originally published in the 2015 October Edition of REAL Trends.
While the Federal Reserve hasn’t raised rates yet, it could potentially decide, before the end of the year, to increase interest rates for the first time since 2008. The CME FedWatch Tool measures the market’s expectation of Fed target rates. One argument is that...
Posted on
October 2, 2015
Reminder: New TRID Rules Effective as of Saturday, October 3rd.
REALTORS® should be aware that the TRID Rules represent definitive changes that impact Lenders and will also impact the parties and participants in the real estate transaction. An understanding of the process under TRID will increase the ability of the real estate brokerage community to provide guidance to Buyer and Sellers,...
Posted on
September 24, 2015
Single-family home prices down 3 percent for summer months.
Fewer homes were sold in Colorado during August, the second consecutive month this year to see declining sales, according to market statistics released today by the Colorado Association of REALTORS® (CAR). The 10,657 properties sold last month represent an 8 percent decrease over July. From June through August of this year total...
Posted on
September 24, 2015
New tool helps compare homes’ energy efficiency features
The Colorado Energy Office introduced the Home Energy Score to REALTORS at the Colorado Association of REALTORS® Convention on Sept. 17 in Keystone, Colo. The Home Energy Score is a tool developed by the U.S. Department of Energy that provides REALTORS®, homeowners and homebuyers with a simple snapshot of a home’s energy rating...
Posted on
September 22, 2015
Colorado Association of REALTORS® honors George Harvey as REALTOR® of the Year; Select members throughout state also honored for distinguished service
George Harvey, broker/owner of The Harvey Team in Telluride, Colo., was named Colorado REALTOR® of the Year by the Colorado Association of REALTORS® (CAR) at its 95th annual convention in Keystone, Colo. The award is the most prestigious award given to a...
Posted on
September 22, 2015
The Colorado Association of REALTORS® installed its 2015-2016 Leadership Council during the organization’s 95th annual State Convention held in Keystone, Colo. last week.
Alan Lovitt, a 20-year real estate industry veteran with RE/MAX Advantage in Colorado Springs, was installed as CAR Chairman. Lovitt has served in numerous local and state association leadership roles over the past two decades
“I’m excited and ready...
Posted on
August 20, 2015
After six consecutive months of steady movement upward, sales of single-family homes declined 4 percent to 8,700 and condominium/townhouse sales were down 2 percent to 2,761 compared to June. Even so, those figures compare very favorably to July 2014 (+5 percent for single-family and +13 percent for condominiums/townhouses). A drop in home sales at this time of year is common,...
