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REALTOR® News

House on hill with burnt trees, red sky.

Market Research Shows 54% Unprepared for Wildfires

Posted on September 29, 2021
Colorado Project Wildfire, REALTOR® News

US consumers said they were least prepared for wildfires and earthquakes in comparison to all types of natural disasters, and those who were involved in natural disasters feel like they could have been more prepared. The survey was commissioned by the consumer market research group Qualtrics and Value Penguin. The survey also details information regarding preparedness for emergency evacuations and the financial impacts of disasters....

Valuation Gaps Exist in Minority Neighborhoods

Posted on September 28, 2021
NAR, REALTOR® News, Residential Housing

Freddie Mac released research supporting the appraisal gap and focus areas for possible solutions. After evaluating 12 million appraisals for single-family home transactions from 2015-2020, Freddie Mac found that 13 percent of properties in black and Latino census tracts received lower appraisal values, compared to 7.4 percent in white tracts.  Freddie Mac will look at possible answers to this...

Snowy mountain, rainbow, and autumn trees.

Gunnison-Crested Butte Association of REALTORS® Hiring for Association Executive Position

Posted on September 20, 2021
General, Local Association, REALTOR® News

Gunnison-Crested Butte Association of REALTORS® is hiring a full time Association Executive Officer (AE). The AE is responsible to the Board of Directors and participates in meeting the Association goals, objectives and mission. Responsibilities include attending all meetings of the Board of Directors (BOD), keeping the board informed on all items of importance, organizing and promoting events, maintaining sound organization...

Aerial view of a city with trees.

Boulder Tops List of College Towns to Buy Homes

Posted on September 15, 2021
REALTOR® News, Residential Housing

Boulder is one of the three most popular college towns for young adults to buy a home. Although the median sale price in the city is $1 million, Boulder ranked third. Only Champaign, Ill., ($180,000 median price) and Burlington, Vt., ($415,00 median price) are more popular. Economic stability, a low-key lifestyle, and affordability were cited as reasons why people choose...

Market Trends Shows Median Sale Prices in Aurora’s Most Affordable Neighborhoods Rising

Posted on September 14, 2021
Market Trends, REALTOR® News, REALTORS® in the News, Residential Housing

In Aurora’s more affordable northern neighborhoods along the Colfax corridor and Delmar Park, the city has half of the inventory it had last year and a median sales price of $400,000, which is up about 30 percent. The southern and eastern areas of Aurora and their newer developments have pushed the new median high to $706,000. CAR spokesperson and Aurora-area...

Department of Justice building exterior signage.

National Association of Realtors® Files Petition to Oppose Department of Justice Breach of Settlement Agreement

Posted on September 14, 2021
NAR, REALTOR® News

DOJ move undermines public policy, public confidence September 13, 2021 Media Contact: Mantill Williams 202-383-1128 CHICAGO (September 13, 2021) – The National Association of Realtors® today filed a petition to quash a request by the Department of Justice that reneges on the terms of a settlement agreement that was approved by the DOJ in November 2020. The DOJ attempt to withdraw from...

CAR CEO Discusses Financial Literacy as Key to Home Ownership

Posted on September 13, 2021
REALTOR® News

Tyrone Adams appeared on Channel 9’s Business Brief with Ryan Frazier to talk about how consumers can benefit from financial education to prepare for home of ownership. Adams specifically talked about CAR’s successful 2021 Century of Opportunity legislation package where four bills were passed: creating student financial literacy for high schoolers, a credit building pilot program, a public report on...

Aerial view of tree-lined suburban neighborhood

Summer getaways, back to school activities slow the pace and competition but Colorado’s housing markets remain hot through August

Posted on September 13, 2021
Market Trends, Market Trends & Statistics, REALTOR® News, Stats & Trends

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Sept. 13, 2021 – End of summer vacations, kids returning to school, and typical seasonal slowdowns did not impact the continued hot housing market across the seven-county Denver metro area and state, according to the latest monthly market data and analysis from the Colorado Association of REALTORS® (CAR). Despite anticipated seasonal dips in new listings, under contracts and pending/solds held their own during...

Couple reviewing documents at a table.

New NAR Ads Share Rental and Mortgage Assistance Resources

Posted on September 13, 2021
Consumer Awareness, Government Affairs, NAR, REALTOR® News, Residential Housing, Uncategorized

NAR has launched a series of communications targeted to renters, housing providers, state/local elected officials, and opinion leaders about the availability of rental assistance in Denver beginning Friday, Sept. 10th. The message of the online ad underscores that Congress has allocated $46.55 billion in emergency rental assistance relief for renters and housing providers who are struggling due to the impact of...

Fox 31 Denver and Channel 2 News logos.

Lower Tax Rate is One of the Factors in Mortgage Approvals in Colorado

Posted on September 9, 2021
REALTOR® News, REALTORS® in the News

The highest rates of mortgage approval are occurring in Summit, Routt, Grand, Boulder and Douglas counties, according to Fox31’s Kevin Torres, who used data from a company called Smart Asset. The news story credited CAR by saying that the listed counties tend to have low tax rates and fairly high income levels. Kelly Moye, a spokesperson for CAR, was also quoted in the news story,...

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About CAR

The Colorado Association of REALTORS® is the state’s largest professional, voluntary, non-profit, real estate trade association that is dedicated to serving more than 25,000 REALTOR® members across the state. Read More

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