Real estate agents and others involved in home transactions have become increasing targets for hackers A report by the FBI's Internet Crime Complaint Center said the number of victims of email fraud involving real estate transactions rose 1,110 percent between 2015 to 2017 and losses rose nearly 2,200 percent. Nearly 10,000 people reported being victims of this kind of fraud in 2017...
Local Realtors are dedicated to helping clients get the best deal and avoid costly delays or mistakes. One local Realtor, Janene Johnson, is so dedicated that she ran for and was elected to the positions of the 2019 chair-elect for the Colorado Association of Realtors. "This is an industry that I love, for which I have the utmost respect," Johnson said....
Chet Choman, of Colorado Realty and Land Co. in Alamosa, Colorado has something to celebrate and so do 9 other awesome REALTORS® who are finalists in the 2018 Good Neighbor Awards program for their outstanding volunteer work in their respective communities. Choman co-founded one of the first rural homeless shelters in the country and has dedicated 40 years to fighting homelessness and...
July is always one of the best months for property sales for Colorado's High Country, and that was exactly the case in Summit County's exploding real estate market. Defined as any home sold at or above $1 million, luxury housing sales boosted the overall real estate sales volume to more than $150 million, a $5.2 million increase over July 2017 and...
The Internal Revenue Service issued proposed regulations today for a new provision allowing many owners of sole proprietorships, partnerships, trusts and S corporations to deduct 20 percent of their qualified business income. The new qualified business income deduction is available for tax years beginning after Dec. 31, 2017. Taxpayers can claim it for the first time on the 2018 federal...
You may have seen recent articles warning of “ominous signs for the U.S. housing market.” One article states that, “recent housing starts data were extremely weak for the month of June, raising alarm about housing.” Another headline announces that the, “Housing Market Looks Headed for Its Worst Slowdown in Years.” NAR’s Chief Economist, Lawrence Yun, says that despite the headlines, “Home price growth...
In a big win for REALTORS®, the National Flood Insurance Program will continue renewing or issuing new insurance for four more months under legislation overwhelmingly by the U.S. Senate today. The bill, which cleared the House last week, is expected to be signed into law before midnight tonight, when the program expires. "We applaud lawmakers for taking this needed action to...
Many homeowners have limits on their home insurance policies that are too low to cover the full cost of repairing or rebuilding in case of a natural disaster—and the problem is particularly alarming in areas at risk of hurricanes and flooding, The Wall Street Journal reports. Catastrophic damage left in the wake of Hurricanes Harvey, Irma, and Maria last year revealed a widespread...
Hello from smokey Durango, and thank you so much for your kind words, support, outreach, and concern for our precious community. We truly appreciate all the outreach. I wanted to take a moment to update you all on how Durango is holding up through this crisis and what DAAR is doing to help. It was an active week for the fire, with...
In 2017, 13 percent of buyers and 8 percent of sellers didn’t use a real estate agent when purchasing or selling their homes By ALICIA WALLACE | awallace@denverpost.com | The Denver Post Kelly Moye, a REALTOR® with RE/MAX Alliance in Broomfield, has been a broker in Colorado for 27 years. She has ridden the undulations of the Front Range real estate market and witnessed the evolution...