We are pleased to announce that Alan Lovitt has been elected as the 2015 Chairman-Elect.
Congratulations Alan!
ELECTION RESULTS:
Chairman of the Board: David Barber.
Chairman-Elect: Alan Lovitt.
Treasurer: Barbara Asbury.
DISTRICTS:
Metro District Chair: Deborah Conner.
Metro District Chair-Elect: Nancy Griffin.
Mountain District Chair: Jill Masters.
Mountain District Chair-Elect: Molly Eldridge.
Northwest District Chair: Michelle Martinez.
Northwest District Chair-Elect: Debbie Laity.
Northeast District Chair: Terry Lee.
Northeast District Chair-Elect: Francie Martinez.
Southwest District Chair:...
The National Association of REALTORS® just released the Home Buyers & Sellers Generational Trends report. Read the highlights and see the report below.
Highlights
Gen Y comprises the largest share of home buyers at 31 percent, followed by Gen X at 30 percent, and both Younger (16 percent) and Older Boomers (14 percent) at 30 percent. The Silent Generation has the smallest share of...
Most areas of Colorado saw an increase in housing inventory (properties available for purchase) during the first quarter of 2014 compared to the previous quarter (Q4 2013). New listings increased 35 percent statewide from Q4 2013 to Q1 2014 and 5 percent compared to Q1 2013. At the same time, overall sales slowed down 19 percent in Q1 2014 compared...
Yesterday the United States Senate voted 72-22 to approve the Homeowner Flood Insurance Affordability Act (H.R. 3370). The Senate acted quickly to pass the bill as amended by the House to avoid the need for a conference committee to reconcile any differences. The new bill further reins in and holds the Federal Emergency Management Agency (FEMA) accountable for the Biggert-Waters implementation...
Posted on
February 25, 2014
The Internet has transformed how consumers shop for a wide variety of goods and services, but many issues remain unresolved when it comes to marketing homes online.
About half of real estate agents appreciate that they can get their listings out to thousands of potential buyers via national websites, said Steve Murray, CEO of Castle Rock-based REAL Trends, during a Denver...
Posted on
February 14, 2014
It’s all over the news and impossible to ignore: Colorado has legalized recreational marijuana. USA Today recently published a story about how joint-rolling and Dorito eating are among anticipated pot-themed contests at the Denver County Fair in August. It seems Colorado has become the butt of a few jokes the last few months.
No matter where your personal opinion lands on...
Posted on
February 14, 2014
Through the first three quarters of 2013 most areas of Colorado showed steady and significant improvement on such leading housing indicators as sales, median pricing and days on the market. During the fourth quarter the housing market overall slowed down significantly, a trend that some experts believe will carry into 2014.
Sales of single-family homes, condominiums and townhouses (taken together) increased...
Posted on
January 24, 2014
A new warning for brokers across the country: If you get an email inquiry through Zillow or any other third party real estate website that involves a customer asking about a listing and stating that they want a home just like this one, do not respond to the message if you have not had previous communications with the client.
Fraud attempts...
Posted on
December 20, 2013
The Mortgage Cancellation Tax Relief expired December 31, 2013. Without an extension from Congress, homeowners who have had any amount of mortgage forgiven by a lender through either a foreclosure or short sale will be forced to pay a "phantom income tax" on any amount that was forgiven. It is CAR and NAR's position that homeowners should not be subject to...
Posted on
December 19, 2013
NEW Extended Monday Hours beginning January 6, 2014.
As CAR works to expand popular services and benefits to members, we are happy to announce that the CAR Legal Hotline will have extended hours on Mondays beginning on January 6, 2014. The hotline will be open on Mondays from 9:00 am until noon and 1:00 p.m. until 4:00 p.m. The hours will...