Across all of Colorado, there are 30 percent fewer homes for sale across state than one year ago. Active and new listings rise but strong sales, low inventory continue to shape seller’s market. Key findings from the June 2017 research report include: Peak summer housing market sees median sales prices for single family homes in the metro region, as well as statewide,...
Bob Goldberg has been named CEO of the National Association of REALTORS®, officially taking over the largest trade association August 1, 2017. He currently serves as NAR senior vice president of Sales & Marketing, Business Development & Strategic Investments, Professional Development and Conventions. He's also senior vice president of administration for REALTOR® University and president and CEO of the REALTORS®...
TOP 5 LEGISLATIVE SUCCESSES AT THE CAPITOL 1) Construction Litigation Reform CAR, along with the Homeownership Opportunity Alliance, championed compromise legislation that is the first step in the right direction to building more attainable housing for all Coloradans while also protecting homeowners and giving them a voice in whether or not to pursue litigation. After more than four years of negotiations on...
Wildfire Event in Crested Butte June 29, 2017 On June 29, 2017, the Gunnison Country Association of REALTORS® hosted a Wildfire Awareness Event in partnership with Colorado Project Wildfire, The West Region Wildfire Council, Crested Butte Fire Protection District, Markit! Forestry Management, and the Colorado State Forest Service. This event, held in Crested Butte, featured several speakers and a tour of current mitigation...
3 Most Common Down Payment Programs How do today’s buyers go from dreaming of owning a home to holding their first set of keys? Like most new buyers, the down payment is what’s holding them back. But, it could pay off big time to investigate down payment options. There are more than 2,400 homebuyer programs available across the country--they can be...
The REALTORS® Conference & Expo Co-Marketing Contest is Going on Now! About the REALTORS® Conference & Expo The REALTORS® Conference & Expo is NAR’s biggest annual member gathering. This year’s event will be November 3-6 in NAR’s hometown of Chicago, Illinois, and it promises four packed days of education, networking, motivation and fun for 20,000 members and guests. Win valuable prizes for your...
For Immediate Release Monday, June 26, 2017 Contact: Megan Herrera, 303.297.7407 mherrera@chfainfo.com CHFA Unveils New Loan Program for First-Time Homebuyers (DENVER) – Colorado Housing and Finance Authority (CHFA) announced today the rollout of a new home mortgage loan program for first-time homebuyers, qualified veterans, and non-first time buyers in targeted areas. The 30-year, fixed-rate loan program is called CHFA FirstStepsm and is expected to offer...
U.S. Existing-Home Sales Rise in May Despite Tight Supply Sales increased 1.1% from April and the median sales price jumped 5.8% Existing-home sales rose 1.1% in May from the prior month to a seasonally adjusted annual rate of 5.62 million, the National Association of REALTORS® said Wednesday. Economists had expected a modest decline from April. Compared with a year earlier, sales were...
The Beginnings and Mission of the Disaster Relief Program Colorado is a wonderful state to live in. Between experiencing all four seasons, to the mountains and the forests, we are surrounded by beauty here. But no matter how great our state is, natural disasters don’t play favorites in deciding where they occur. Fortunately, REALTORS® have a program that is ready to...
Becoming a First-Time Buyer in America’s Least Affordable City June 15, 2017 For millennials in America’s fastest growing cities, becoming a first-time homebuyer is more challenging because average wages can’t keep up with the rising cost of a median priced home. And, Denver takes the number one spot as the least affordable hot spot for millennial buyers, according to a new joint...