REALTOR® News Archives - Page 27 of 134 - Colorado Association of REALTORS
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REALTOR® News

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March spike in new listings does little to offset home buying demand, record appreciation, and sale price

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – A much-needed spike in new listings from February to March did little to quell the continued insatiable appetite for housing in markets across the state, according to the March 2022 Market Trends Housing Report from the Colorado Association of REALTORS®. New single-family listings in the seven-county Denver metro area rose 47.5% percent from February to March 2022, while statewide new listings...

‘Coming Soon’ Listings: Industry Marketing Tool Still Needed?

Despite low inventory and fierce competition among home buyers, the popular “Coming Soon” Listings are still being used as an industry-standard tool for sales and marketing. The MLS supports the early listings and accompanying signs if they are posted no longer than seven days in advance. This is in accordance with NAR’s Clear Cooperation Policy to curb “pocket” listings to...

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Capitol Connection – April 5, 2022

Legislative Advocacy this Week at the State Capitol Affordable Housing Bills at the Capitol CAR Speaks Up For Homeownership Options It's been a very busy couple of weeks at the Capitol for housing legislation. There are several affordable housing bills at the Capitol, many stemming from the summer's transformative affordable housing taskforce work and some stemming from individual legislators themselves. House Bill 1242 - Regulate Tiny Homes...

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Women’s Council of REALTORS® Receives New Charter, Celebrates Installation

For the first time in 20 years, the Women’s Council of REALTORS® Colorado has received its state charter. At a celebration on March 23, National President of the Women’s Council of REALTORS® Sylvia Seabolt presented the charter and swore-in Colorado officers President Jennifer Gerdes, Chair-elect Liz Bowen, Treasurer Kate Kelley, First Vice President Tabatha Ratliff, and State Liaison Windy Bailey....

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More Expensive to Buy a Home Outside of Denver

In February, CAR’s Market Trends showed that a home in Douglas County, Colo., is selling for a median price of $706,000, while Denver’s prices are at $659,0000. Jeffco and Broomfield home prices are also higher than Denver. Adams County comes in with a lower price point at $550,000. Some speculate that low inventory in Denver and people’s ability to work...

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Consumers Not Giving Up on Dream Home Due to Interest Rates

Buyers are still determined to buy a home despite interest rate increases. “I think people realize later does not mean better,” said CAR Spokesperson Kelly Moye. “Later could mean worse. Our prices appreciated 25% last year. Those people who didn’t buy a year ago are kicking themselves today.” The Federal Reserve announced on March 17 that the interest rate would increase by a quarter percent...

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Capitol Connection – March 22, 2022

Legislative Advocacy this Week at the State Capitol Halfway Through 120 days of Legislative Session We're now just over halfway through the legislative session and the general assembly will begin working on the state budget starting next week. The forecasts from the Governor's Office and the Legislative Council Staff both showed a higher risk of inflation and highlighted the high costs of housing in...

MacKenzie Scott Makes $13.5 Gift to Habitat Denver

Habitat for Humanity of Metro Denver will receive its largest donation ever--$13.5 million—from author MacKenzie Scott. “It is a vote of confidence in the collective work of many people – homeowners, staff, board, donors, volunteers, and community partners,” said Habitat Director Heather Lafferty. CAR’s Market Trends showed the need for affordable housing:  There were only 1,486 single-family homes listed for sale in the seven-county metro area...

Good News for Sellers in February

CAR released its monthly Market Trends report for February. It showed the median home price in the Denver area is $555,548 which is up 20% from last year. Buyers are still looking for all price points. “Yes, there’s more competition,” said CAR Spokesperson Matthew Leprino, “and they (buyers) have to give up more concessions than they did in the past,...

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Boulder/Broomfield REALTOR® Gives Advice While Fort Collins REALTOR® Sees Increased Listings & Prices

CAR Market Trends for February 2022 showed Boulder and Broomfield Counties with 14% fewer listings than January while Fort Collins boasts 90 listings in early March, compared to 144 for all of February.  Two CAR spokespeople shared that preparation is key no matter where you live. “In Boulder and Broomfield counties, the listings continue to disappear, and the buyers are still coming out of the woodwork...