The highly competitive market is forcing agents and buyers alike to get creative in their approach, which is introducing new strategies, said Kelly Moye a REALTOR® , who heads The Kelly Moye Team at Compass Real Estate in Broomfield and is representing the Paynes. For example, some buyers try to force their offers to the top of the stack by putting a...
"In spite of all the reporting of low active inventory numbers, the Fort Collins market is selling more homes each month than in each of the past two years,” said REALTOR® Chris Hardy. “Nearly every home that comes on the market is sold in the same month and there isn’t much left to choose from. As I heard...
Estes Park average home price up 22% year-over-year “The average sale price for a single-family home has jumped 21.9% compared to last year, townhouse/condos also saw an increase of 29.6%. While this is not quite as rapid of growth as other areas of Colorado, it is an incredible increase to the overall pricing in an already tight market. New listings are down...
Legislative Advocacy this Week at the State Capitol 2021 Legislative Session Comes to an End The 2021 legislative session came to a close late Tuesday. Over the past 116 legislative days, the Colorado legislature tackled several huge issues such as statewide transportation funding that has plagued the state for many years. Policymakers also allocated large state and federal stimulus dollars as our state works toward pandemic...
A hot, dry summer is here and with it, extreme wildfire danger. Colorado Department of Regulatory Agencies sent this bulletin on 06/11/2021 DENVER - On Thursday, the Storm Prediction Center issued the first extreme fire danger warning for Western Colorado and Eastern Utah in 15 years. Unfortunately, this serves as a reminder that we are now in the height of wildfire season in Colorado and...
Double digit appreciation and over-asking price records shattered in this ‘new norm’ https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – June 10, 2021 – Having shrugged off any potential effects of the past year, including COVID-19, massive unemployment, economic uncertainty and the typical seasonal fluctuations, Colorado’s housing market continued an historic run through the month of May, according to the latest data from the Colorado Association of REALTORS®...
Legislative Advocacy this week at the State Capitol Transparency and Accountability Improvements for Special Districts Senate Bill 262 increases transparency and accountability about property taxes for residents. Special Districts include anything from your neighborhood construction improvement or development to fire district or scientific and cultural district or even water districts such as Water World. One type of special district is a metro...
We would like to thank all the candidates who raised their hand to be a candidate for 2021-2022 CAR leadership positions. For those of you who were not elected, you are still a valued leader and member of the association. We strongly encourage and hope you stay involved in CAR. The following are the results for the 2021-2022 CAR Leadership Elections: Chair: Matthew Hintermeister - (was...
Equity in their current homes doesn’t buy what it used to, so some figure the prudent move is to adapt what they have. That makes the market even tighter. For many older adult homeowners, the idea of downsizing or simply moving to a home where the design and layout — plus accompanying financial considerations — makes more sense has run up...
The Division of Real Estate has been informed by the Denver Police Fraud Unit that a Jury Duty Scam is currently being directed at Colorado real estate brokers. Through the Fraud Unit’s investigations, the scam is designed to intimidate and sometimes use fear to extort money as well as Personal Identifying Information (PII) through fraud and deceit. In some instances the...