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REALTOR® News

Aerial view of suburban neighborhood in autumn.

Informational Bulletin for Property Managers – October 21 Eviction Moratorium

Posted on October 23, 2020
Government Affairs, REALTOR® News, Residential Housing

On Oct. 21, 2020, Gov. Jared Polis signed an executive order preventing Colorado landlords from evicting tenants who can prove financial hardship as a result of the coronavirus pandemic. Rental property owners may tap into a state housing assistance fund to recover lost rent payments. In order to meet the financial hardship threshold, a renter must meet the following criteria: Is using best efforts to...

DORA Consumer Advisory: Insurance Tips for Coloradans Impacted by Wildfires

Posted on October 21, 2020
Colorado Project Wildfire, REALTOR® News, Residential Housing

Whether you’re evacuating or returning back to your home, now is the time to consider insurance matters.  DENVER (Oct. 19, 2020) – Colorado wildfires erupted across the state over the weekend as thousands of Coloradans were forced to evacuate in the Cameron Peak, CalWood, Lefthand Canyon and East Troublesome Fires. With wildfires blazing in our state, the Colorado Division of Insurance (DOI)...

Denver Post: Colorado Cities Make Four of Five Top Spots for Best Places to Live in the U.S.

Posted on October 15, 2020
REALTOR® News, REALTORS® in the News, Residential Housing

U.S. News & World Report released its 2020-2021 Best Places to Live Rankings, and four Colorado cities scored in the Top Ten. They include: #1 Boulder, #2 Denver, #4 Colorado Springs, and #5 Fort Collins. “I’m thrilled but I’m not surprised,” Boulder-area REALTOR® Kelly Moye told the Denver Post. “What people are starting to see is that quality of life...

Threats to First-Time Home Buyers’ Path to Ownership

Posted on October 14, 2020
REALTOR® News

Higher home prices are translating into higher down payments. The median home price is $350,000, according to the National Association of REALTORS®. That means a buyer would have to put down $70,000 (or 20%) on a purchase to avoid private mortgage insurance. Low down payment loans are available for those who can’t reach that 20% down payment threshold. For example, FHA...

DORA Releases Updated Safer at Home Guidance for Real Estate

Posted on October 14, 2020
Government Affairs, REALTOR® News

October 12, 2020 Update The Division of Real Estate continues to receive complaints concerning real estate brokers not following state and county-issued guidance regarding COVID-19 restrictions when performing real estate activities. Please be aware that many Orders are still in effect and you should be vigilant to stay in compliance of those Orders for the safety of yourself and others. On October...

Good News for PPP Borrowers

Posted on October 13, 2020
Government Affairs, REALTOR® News

For NAR members who borrowed $50,000 or less through the Paycheck Protection Program, it is now easier to receive automatic loan forgiveness. These smaller loans now require less documentation and fewer calculations than the previous process. The U.S. Small Business Administration and the Treasury Department announced the simplified process late last week. Many NAR members who took PPP loans will...

Four Colorado Cities Make U.S. News Top 10 Places to Live

Posted on October 13, 2020
REALTOR® News

U.S. News & World Report released its 2020-2021 Best Places to Live Rankings, and four Colorado cities scored in the Top Ten. 1. Boulder, CO2. Denver, CO3. Austin, TX4. Colorado Springs, CO5. Fort Collins, CO6. Charlotte, NC7. Des Moines, IA8. Fayetteville, AR9. Portland, OR10. San Francisco, CA The rankings are based on methodology that includes job market, housing affordability,...

Liveability.com Ranks Fort Collins Best Place to Live in 2020

Posted on October 13, 2020
REALTOR® News, Residential Housing

Fort Collins, Colo., is the best place to live in 2020, according to new rankings from Livability.com. Each year, Livability.com ranks the 100 best places to live in America based on an analysis of more than 1,000 small to midsized cities on characteristics such as affordability, safety, economic stability, outdoor recreation, accessibility, and community engagement. This year’s survey also weighed an...

Boulder Daily Camera: Coronavirus Pandemic Challenging Boulder County Housing Market

Posted on October 12, 2020
REALTOR® News, REALTORS® in the News, Residential Housing

Those looking to buy a home in the Boulder area are finding there's low inventory and rising prices. Some homeowners are reluctant to place their homes on the market in a pandemic, as REALTOR Kelly Moye has experienced. Moye told the Boulder Daily Camera that a potential client decided against selling her house over concern of exposure to COVID-19. Another...

Buyers Impersonate Pac-Man Gobbling Up State’s Housing and Driving Active Inventory to a New Record Low

Posted on October 12, 2020
Market Trends, Market Trends & Statistics, REALTOR® News, Residential Housing, Stats & Trends

ENGLEWOOD, CO – Oct. 12, 2020 – Forty years after the release of the iconic Pac-Man video game, and a doubling of the state’s residential population to 5.8 million, Colorado house hunters have created their own version of the hungry, energy seeking video character, gobbling up available housing while frantically maneuvering through the residential market maze – all while trying to beat the competition chasing the...

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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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