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
September 11, 2015
REAL Trends Housing Market Report| July sales jump 13.2 percent over July 2014
The REAL Trends Housing Market Report for July 2015 shows that housing sales increased 13.2 percent from the same month a year ago. All four regions reported unit sales rose from a year ago with the Midwest leading the way with an increase of 14.6 percent.
The annual rate of...
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,...
by Josie Klemaier, Denver Post.
A new effort to teach Evergreen residents how to protect their homes from wildfires is being led not by fire agencies or property owners, but by another group with a huge stake in area properties: REALTORS®.
"As REALTORS®, we got involved in this because we believe in making our communities better," said Bonnie Smith, director of the National...
June sales of both single-family homes and condominiums-townhouses were strong throughout the entire State of Colorado compared to the same month in 2014, according to market statistics prepared for the Colorado Association of REALTORS® (CAR) by 10K Research and Marketing, a Minneapolis-based real estate technology company using data provided by all of the Multiple Listing Services (MLS) in Colorado.. Last...
The Consumer Financial Protection Bureau (CFPB) has issued a final rule moving the effective date of the TILA-RESPA Integrated Disclosures (TRID) rule (otherwise known as the Know Before You Owe mortgage disclosure rule) to Oct. 3, 2015. This after CFPB Director Richard Cordrday said that the CFPB would delay the effective date of the TRID rule until Oct. 1.The CFPB has issued...
REAL Trends announced the Real Trends America’s Best Real Estate Agents list this past Tuesday, which ranks the most productive agents by state and metropolitan area based on closed transaction sides and closed volume. To be included in the ranking, agents must have closed at least 50 transactions, compared with the industry average of seven, or $20 million in closed...
Criminals Hack Broker Emails to Scam Closing or Earnest Funds
In the past two weeks, CTM Software and the Colorado Association of REALTORS® (CAR) has been made aware of several attempts to deceive real-estate agents and title company employees into wiring earnest money and/or closing funds into a fraudulent account. In a small number of cases, these criminals have been successful...
Colorado ranks 8th in the nation among states with the most down payment programs, according to Q2 data released by Down Payment Resource. With 68 programs available, Colorado programs offer closing cost assistance grants, mortgage credit certificates, first mortgage loans, and other programs such as employer assisted housing programs.
Down Payment Resource has increased to include three percent more programs; 87%...
On Wednesday, June 17th, the CFPB announced they would propose an amendment to delay the implementation of the TRID (TILA RESPA Integrated Disclosure) from August 1 to October 1st. The Consumer Financial Protection Bureau’s announcement means a two-month delay for the implementation of the new Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disclosure regulation, also known...
