In a first-of-its-kind education session in the nation, the Colorado Association REALTORS (CAR) Chair-Elect Natalie Davis presented the National Association of REALTOR’s (NAR) very first “Implicit Bias Training” on Tuesday, April 12, in honor of CAR’s Fair Housing Month. This training was the first of its kind given to Colorado REALTORS®.
The training gave participants a toolkit to use to override...
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...
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...
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...
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....
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...
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...
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...
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...
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,...
