The Colorado legislature will convene for a special session on August 26th to address property tax relief. However, there are some legislators who may use this session to pursue legislation to reclassify property or enact new fees that could actually increase taxes or fees on homeowners. We need you to contact your legislators, encouraging them only to support legislation that...
https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics ENGLEWOOD, CO – An already slow summer housing market pumped the brakes a little more in July as higher mortgage interest rates and a hesitant pool of buyers pushed the inventory of active listings up approximately 20% in both the seven-county Denver metro area and in markets across the state, according to the latest Market Trends Housing Report from the...
Although wildland firefighters are still fighting active fires and authorities have only begun to assess the damage left behind by the Alexander Mountain Fire, Stone Canyon Fire, Lake Shore Fire, Quarry Fire, and others, we now know dozens of homes have been destroyed, leaving Colorado families scrambling to find a place to live. In response, Colorado Association of REALTORS® Foundation...
A Message from CAR President Jason Witt: Resilience in the Face of Change As we navigate the ever-evolving landscape of real estate, it's imperative that we, as REALTORS®, remain resilient and adaptable. Our profession is not just about transactions; it's about building communities, changing lives, and being trusted advocates for our clients. Change is a constant, and how we respond to...
Key Highlights In Colorado, the homeownership rate was 70% for White Americans in 2022, followed by 42% for Black Americans, 65% for Asian Americans and 57% for Hispanic Americans. the share of Colorado renter households that can afford to buy the typical home is 10% for White Americans, 6% for Black Americans, 15% for Asian Americans, and 6% for Hispanic Americans, further...
https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics ENGLEWOOD, CO – The stalemate in Colorado’s housing market continues as both buyers and sellers choose to wait out the economic uncertainties being driven by stubbornly high interest rates, rising insurance rates and property tax hikes, inflation and more, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis from the Association’s spokespersons...
The Colorado Association of REALTORS® (CAR) realized a better than 80% win-rate for candidates who earned a CAR endorsement, with 13 of the 16 CAR-endorsed candidates winning their respective races in the Colorado primaries on June 25. “Colorado deserves policy and decision makers committed to solving our housing crisis and helping Coloradans achieve the American Dream of homeownership,” said Janene Johnson,...
Local markets experiencing varying degrees of increases in inventory paired with a slowed spring market; entry-level buyers unequivocally priced out due to compounding affordability challenges https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics ENGLEWOOD, CO – The continued increase in new listings across all property types is creating a more balanced market across Colorado with May’s new listing gains in the seven-county Denver-metro area reaching 34.6% over May of...
Congratulations to all the candidates who won their respective races! We hope those of you who did not get elected at this time will strongly consider staying involved in an area that you are passionate and consider running again; many of our past leaders will attest that it took them a few tries to become elected to a position in...
CAR’s Diversity and Inclusion Committee is honored to celebrate the groups and individuals who strive to make our industry more diverse and inclusive. Applications are open June 1st through August 1st, so nominate someone you know who is working to make a difference. The winners will be announced at the Inaugural Dinner at the 2024 CAR Leadership Symposium. Awards are separated into...