Colorado Association of REALTORS | REALTOR News
213
archive,category,category-news,category-213,edgt-core-1.0,ajax_fade,page_not_loaded,,colorado association of realators-child-ver-1.0.0,hudson-ver-1.5, vertical_menu_with_scroll,smooth_scroll,blog_installed,wpbdp-with-button-styles,wpb-js-composer js-comp-ver-6.0.3,vc_responsive

REALTOR News

July Teases the Start of a New Real Estate Game for Second Half Of 2022

https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – With active listings and inventory rising across the seven-county metro area and state, slowing sales and fewer new listings have kept the full swing of the real estate pendulum in check, according to the July 2022 Market Trends Housing Report from the Colorado Association of REALTORS®. The combination of factors, including rising interest rates, is giving potential...

2023 Chair-Elect Jason Witt Touts ‘Who We R®’

Cortez REALTOR® and 2023 CAR Chair-Elect Jason Witt (who will serve as CAR Chair in 2024) noted some interesting facts about his community and the role of REALTORS® in their own communities, as well as his role as an incoming leader for the Association. Witt says REALTORS® can play an important role in building health and sustainable communities, and he hopes...

Colorado Home Sales Sowing Faster Than National

The Denver area’s housing market is being affected at a larger percentage gap than the national rate in most home sale categories. The number of home sales dropped 4.8% from May to June nationally, but compare that statistic to our state, where home sales fell 6.3%. The median home sale price in the nation was $416,000 in June, which is...

CAR CEO Tyrone Adams Inducted into Smith Society

The Smith Society, which is also known as the Dr. Almon R. (Bud) Smith, RCE, AE Leadership Society, will  induct CAR CEO Tyrone Adams into its 2022 class. Among the other inductees, Adams is being recognized as a leading contributor to the industry and the profession. He and the others have brought credit to the profession through their personal involvement...

Colorado REALTOR® Diversity & Inclusion Committee Awards!

The Colorado REALTOR® Diversity and Inclusion Committee are honored to celebrate groups and individuals who strive to support every individual and community within the real estate industry. Applications are open, and the winners will be announced at the CAR Fall Forum 2022 – Inaugural Dinner on October 18. There are four applications - please read each application description,...

FORT COLLINS, CO, USA - MAY 20, 2016: Aerial view of typical residential neighborhood along Front Range of Rocky Mountains in Colorado in springtime

Northern Colorado Market Halts and Starts Again

Many factors are at play in what CAR spokesperson Chris Hardy says is a boom-start-boom market. Consumer’s competing offers in March and April were followed by a housing market break and family vacations in June. CAR’s Market Trends report for June shows a different story than what REALTORS® are seeing in the field. In 2021, there was only two weeks’...

House for sale with an up close view of the "for sale" sign"

Up, Down & Sideways in the Real Estate Market

Since the real estate market has cooled just a bit in June, as reported by CAR’s Market Trends, REALTORS® are left to prognosticate about the future of the market. “The analogy that really conveys to us what’s happening is just that we’ve hit the summit,” said CAR Spokesperson Matthew Leprino. “We’ve climbed to the top of the mountain and we’re...

Denver Mayor Looks Back at Challenges During Last Year in Office

Denver Mayor Michael Hancock looked back on the challenges during his tenure in office, including the lack of attainable housing. CAR’s Market Trends using April data showed that home values grew 31% over the past two years, and that housing affordability reached a record low. When Mayor Hancock began office in 2011, he explained the mortgage crisis caused the city...

Statewide and Local Housing Data Shows Jump Up in Housing Inventory Numbers

The number of single-family homes and condo townhomes for sale increased 44% from May to June 2022, but median home sale prices are up more than 10% both locally and statewide.  REALTORS® around the Denver-metro area provide some reasons why and explain how buyers are adapting to a new real estate market. “As fears of inflationary pressures reach households through the...