Zillow announced it would stop buying homes directly from sellers and then selling them at an increased rate. The company could not effectively compete in Colorado‘s hot real estate market because it couldn’t find property, renovate and resell the homes fast enough. The program has been discontinued nationally as well. “When you’re not able to buy low and sell high, because our market is doing...
Since Zillow Offers, the internet giant’s direct buying service, has left the Denver real estate market, home buyers and sellers don’t have much reason to celebrate. Home inventory, no matter who the player is, is low. “Any added inventory and new listings in the market would be greatly appreciated and good to have,” Andrew Abrams from DMAR said. CAR spokesman...
The Federal Emergency Management Agency’s Risk Rating 2.0: Equity in Action went into effect on Oct. 2. This new system prices flood insurance for each home individually rather than by flood zone. Jack Greacen, NAR’s Colorado Political Representative, reports that members from across NAR have shared their good and bad anecdotes. NAR has created a number of helpful resources to...
Thanks to those of you who could join us for the Colorado Association of REALTORS® 100 Year Celebration, Conference and Expo in October at the Broadmoor. We hope you had fun at our receptions and networking events, found the keynote and education session content valuable, and were able to bring knowledge and inspiration back to your business! Please enjoy these photos and our highlight video!...
Congratulations to CAR members who have been selected to serve on NAR Committees and Boards for 2021/2022. Please see below a list of Colorado REALTORS® and association staff listed in alphabetical order by last name. Tyrone Adams Housing Opportunity Committee Brian Anzur Leading Edge Advisory Board Barbara Asbury Land Use Property Rights and Environment Committee Windy Bailey Federal Taxation Committee Sunny Banka Risk Management Issues Committee David Barber Membership Policy...
The Colorado Association of REALTORS® (CAR) extends its deepest sympathies to the family and friends of CAR Past President Jolon Ruch, who passed away on Thursday, October 28th after a brave and hard-fought 18-month battle against cancer. Jolon is remembered as a tremendous organizational leader, taking on the tough task of ushering in a new governance model for her state association. Jolon cared deeply about...
The Denver Business Journal’s 2021 Most Admired CEO awards program honors 21 top-ranking execs whose forward-looking leadership is shaping their organizations, sectors, and greater community. More than 100 nominees were judged by an editorial panel and scored based on their contributions to company success, civic engagement, career achievements, and other details. Tyrone was selected due to his extensive history of volunteerism and his leadership of a rapidly growing...
ENGLEWOOD, CO - The Colorado Association of REALTORS® (CAR) installed its 2021-2022 Leadership Council at the Association’s 100-year anniversary celebration and annual conference. Matthew Hintermeister, a broker associate at LIV Sotheby’s International Realty in Telluride, Colo., was inducted as chairman of the Colorado Association of REALTORS®, a role he will assume from Dec 1, 2021, through Nov. 30, 2022. Hintermeister has worked with Liv Sotheby’s International Realty in Telluride for...
Developer Jon Roberts once built market-rate homes families could afford at light-rail stops in Denver. Attainable, dense housing is one fix to the affordable housing crisis, and Roberts was happy to do his part. He’s shifted his focus to $1 million houses and duplexes — and he’s not thrilled about the reasons why: Building affordable housing is too risky, too slow and too mired in bureaucracy. “I...
The Colorado Association of REALTORS® Foundation, which supports housing initiatives, education, and disaster relief statewide, will make $100,000 in grants with the funds. ENGLEWOOD, CO–The Colorado Association of REALTORS® Foundation raised $100,000from REALTORS® at its inaugural fundraising reception, held during the Colorado Association of REALTORS® 100 Year Celebration, Conference & Expo on Oct. 21. The foundation will distribute the grants to Colorado nonprofit...