House Bill 19-1075: Tax Credit Employer-assisted Housing Pilot Program HB19-1075, sponsored by Representative James Wilson (R-Salida), creates a pilot program to increase employer-assisted housing projects in rural areas of the state from 2019 to 2023 tax years. It creates a state income tax credit to any taxpayer that donates to a state housing authority, Colorado and Housing Finance Authority (CHFA), a...
Despite drop in sales, median prices continued to climb Metro Denver’s housing market saw sales slide and prices continue to rise last year, and that pattern dominated across much of the state, according to a monthly update from the Colorado Association of REALTORS. Colorado Springs and El Paso County, the next biggest housing market after metro Denver, suffered a 5.5-percent drop in single-family...
Despite market trend predictions from experts and economists of a possible downward shift in real estate in 2019, the Colorado Association of REALTORS® doesn’t expect that to be the case for all of Colorado. While there was an increase in listings statewide in the second half of 2018, new listings went down in December with 3,868, down 36.5 percent from the...
It is with great sadness that we share the news of the passing of William M. Moore. Moore was a valued and respected member of the CAR family and a legacy and inspiration to many in the Real Estate community. Not only did Moore build and sell more than one iconic Real Estate brand in Colorado, he was a father of two daughters,...
The National Association of REALTORS® released state-by-state reports outlining the total economic impact of real estate related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance. The real estate industry accounted for $70,517 million or 20.4% of the gross state product...
(As of January 10, 2019) As of midnight on December 21, 2018, the President and Congress were unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government. As a result, a partial shutdown of some government operations has occurred. This partial shutdown includes some federal housing, mortgage, and other programs of interest to the real...
A strong spring in many markets across Colorado could contradict some reports of a slowing market in 2019 ENGLEWOOD, CO. – January 11, 2019 – 2018 was a year of tremendous contrasts across most Colorado markets, giving both sellers and buyers opportunities to take advantage of ever-changing market conditions, according to the latest monthly market trends data from the Colorado Association...
The First Regular Session of the 72nd General Assembly Opened on January 4 The first gavel of the first regular session of the 72nd General Assembly came down on Friday, January 4th under the new leadership of Senate President Leroy Garcia and Speaker of the House KC Becker. As of this morning, 160 bills have been introduced since the start of...
Have you seen the Consumer Resources page on the CAR website? In this section you will find information about finances, foreclosures, home maintenance, legal, and answers to common questions about real estate in Colorado. Click here for information on buying a home and here for selling. Search for new residential and commercial development throughout Colorado in the “Real Estate Development” section. You have the ability to...
The Colorado Association of REALTORS® is now accepting applications for its Officers and NAR Directors positions. CAR is looking for future leaders who are willing to “rise to the challenge” of leading the Association into the future! One of the predominant reasons the Colorado Association of REALTORS® stays at the forefront of organized real estate in Colorado is because of its volunteer leaders....