As Congress continues to work on major tax reform, NAR is asking all proponents of "homeownership" to take a brief moment and answer the latest Call for Action now! This Call for Action defends provisions affecting residential, investment, and commercial real estate. Help NAR and CAR ensure that tax provisions from the mortgage interest deduction to the capital gains exemption on a primary residence are defended. Respond to...
The Pros and Cons of Off-MLS Listings: What Consumers and Real Estate Agents Should Know
While not a new concept for veteran real estate agents, the terms “off-MLS” or “pocket” listings may be an unfamiliar phrase to many consumers and some newer agents. Home sellers and agents should nevertheless be aware that the practice can adversely affect their goal of getting the...
Way to go Team Colorado REALTORS®! Thank you for your efforts to this past weekend (June 29-31) to help stomp out multiple sclerosis and represent Colorado REALTORS® across the state! Did you know 1 in every 550 people in Colorado has MS? Colorado’s population is 5,187,582 so you do the math. Whatever the answer is, one is too many!
While this...
It’s been a longer road for Colorado Commercial REALTORS® to rebound, however according to NAR 2013 Commercial Member Profile income, transactions and sales volume has increased over the past year. REALTOR® Associations still continue to advocate for financing.
Since the economic depression the commercial real estate market has struggled to regain its grounding. REALTORS® who practice commercial real estate reported a...
A bipartisan group of Senators introduced the Corker-Warner bill (S.1217) on Tuesday. This legislation is comprehensive, bipartisan and detailed beyond what we’ve seen so far. It would remake the role of the federal government in mortgage finance.
As you know, Fannie Mae and Freddie Mac play a key role in the secondary mortgage market, which is crucial in providing capital for...
According to Department of Numbers as of June 24, 2013 there were about 10,973 single family and condo homes listed for sale in Denver Colorado. The median asking price of these homes was approximately $354,900. Since this time last year, the inventory of homes for sale has decreased by 28.8% and the median price has increased by 18.3%. Is the...
It’s that time of the year and with our dry conditions it seems each passing day a new wildfire is springing up in Colorado. Colorado wildfire victims need our help! Donate today to CRF and help provide temporary housing assistance for moderate to low income families in need. Also, let us know if there are other ways you are assisting...
The recent wildfires in Colorado also threatens to spark a host of fraudulent activities by scam artists. Colorado Attorney General John W. Suthers is warning consumers not to be exploited by these scams and to report any suspicious activity. The type of scams range from fake charity collections, to home repair and construction fraud. Consumer may also have problems with...
Did you miss the webcast on critical issues that impacted the Colorado's real estate industry this year now the 2013 legislative session is adjourned? Listen to the latest webcast and get a glimpse of how hard your volunteer members and CAR staff work every day promoting home ownership and protecting REALTOR interests at our State Capitol. View the Legistlative Reveiw webcast now....
CAR took a neutral position on HB-1225 Concerning the Homeowner's Insurance Reform Act- HB-1225 during the 2013 Legistlative session. This bill creates the "Homeowner's Insurance Reform Act of 2013" and makes a number of changes to the regulation of homeowner's insurance primarily for single-family homes used as a primary residence by the owner. It requires insurers to provide to homeowners's insurance...
