Posted on
February 10, 2022
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/
ENGLEWOOD, CO – Despite a nice, but expected seasonal uptick in the
number of new listings that came to the Colorado housing market in January, a
strong month of pending/under contract activity quickly gobbled up available
inventory, once again keeping active buyers pushing the limits of their budgets
and patience, according to the January data from the Colorado Association of
REALTORS®.
While the volume of...
Posted on
February 8, 2022
Many ideas await the recommendations from legislators on how to
spend $400 million of COVID-relief money on how to make housing more accessible
to more people. “We’re all saying it: This is a once-in-a-lifetime chance to
make investments in housing that we would never as a state be able to make in
our own,” said Cathy Alderman, chief communications and policy officer for the
Colorado...
Posted on
February 8, 2022
Legislative Advocacy this Week at the State Capitol
HB 1006 is supported by the Legislative Policy Committee (LPC) because it will help property owners that lease have the ability to get a property tax exemption for childcare. We think that this is a good public policy change that will help increase daycare and childcare centers in commercial buildings that might be...
Posted on
February 7, 2022
Families renting homes, apartments, and hotel rooms because they
lost their housing in the Marshall fire are struggling to make rent payments. Because
some renters are still waiting to hear if property owners will pay to clean
smoke and ash residue from their apartments, they are living in limbo, with
remediation priced at thousands of dollars. During this challenging time, the
Colorado Association of REALTORS®...
Posted on
February 2, 2022
New Coloradoans and the state’s stay-at-home orders during
the pandemic have combined to form an unprecedented amount of growth in home
values and scarcity in 2021, according to CAR’s 2021 Year-End Market Trends
Report. The overall median single-family home price across Colorado went up 32%
between 2019 and 2021. “In 2019, we were starting to see a plateau in the real
estate market with appreciation...
Posted on
February 2, 2022
The National Association of REALTORS® is accepting applications for the 2022 Good Neighbor Awards. This award recognizes REALTORS® for their extraordinary impact in their communities through volunteer service. Colorado’s own Bob Bell and his nonprofit Food for Thought was awarded $10,000 in 2021 for feeding more than 10,000 students lunch each week. He and others have made an extraordinary impact in...
Posted on
February 2, 2022
Colorado lawmakers aim to help address the state’s affordable housing crisis by proposing $4 million in loans to buyers and local nonprofits and governments to assist in attaining and building affordable housing. The dollars come from the American Rescue Plan Act and Colorado's Affordable Housing Transformative Task Force and Subpanel. “There will be opportunities for CAR and other stakeholders to...
Posted on
January 31, 2022
For homeowners affected by the Marshall fire, the time
between the disaster and receiving much-needed federal and insurance dollars is
uncertain. “it’s the hardest, darkest period that these victims have to walk
through,” said CAR Foundation Executive Director Amy McDermott. “Our hope is
that this funding can bridge that gap.” The Foundation has received over $2
million to give to homeowners during this time, and...
Posted on
January 30, 2022
Recent home listings in the Marshall Fire Burn areas are still selling over the asking price in a short time. There were 17 homes under contract that sold within two days of being on the market. The language in the listings reads differently than it did two months ago.
“Instead of the remarks saying, ‘Great house, open space, and views,...
Posted on
January 29, 2022
The Colorado Association of REALTORS® announced their participation in the Coloradans for Energy Access, which is a coalition to support the use of affordable, cleaner-burning natural gas in homes and businesses. Colorado is considering prohibiting consumers from using natural gas use and opting for electricity, which is considered environmentally friendly.
CAR CEO Tyrone Adams joins other business leaders in advocating...
