CAR Membership, In the face of recent allegations involving the National Association of REALTORS® and the resignation of the 2023 NAR President, we acknowledge and understand that as an industry, we’re at the precipice of challenging times. As Colorado REALTORS® who proudly wear the REALTOR® R and work tirelessly for your communities, your clients, and your industry, you have concerns and...
See Seller Impersonation Fraud Red Flags and Best Practices Federal law enforcement has seen an increase in real estate fraud involving vacant property, according to a joint advisory issued by the U.S. Secret Service and CertifID. CertifID Chairman Thomas Cronkright explained the scheme: a scammer looks up ownership records of a vacant property online, and pose as that property’s owner to hire a...
CAR’s Diversity and Inclusion Committee is honored to celebrate the groups and individuals who strive to make our industry more diverse and inclusive. Applications are open June 3 through August 4th, so nominate someone you know who is working to make a difference. The winners will be announced at the Inaugural Dinner at the 2023 Fall Forum. Awards are separated into...
Many Coloradans feel pain from a sharp rise in property tax assessments. Homeowners are freaking out!” said CAR Spokesperson Kelly Moye. “Our phones have been ringing off the hook.” The assessed value is taking the market value from January 2021 through June 2022. “They think that what the assessment says is not what it is worth today, and that is accurate,” said Moye....
In the Pikes Peak region, home sales fell in March on a year-over-year basis, continuing a downward trend that began in the second half of last year. And yet, sales and prices in March were up from February and at their highest levels in five months. Also, the pace of home construction —measured by permit activity — jumped in March...
Colorado ranks fourth in the nation for states with the highest average down payment for first-time buyers, according to a new report from Moneywise. Moneywise ranked all 50 states based on median home price on Zillow and an average down payment of 13%, according to the National Association of REALTORS®. "Affordability is certainly an issue for first-time buyers, there's no question about that,"...
Colorado Springs REALTOR® Ashlee Nath has been named as one of this year's National Association of REALTORS® 30 Under 30. The character of the 2023 class of 30 Under 30 can be summed up in two words: bold entrepreneurs. Some members of this year’s class have taken great leaps to make it in the industry. They are relationship builders, barrier breakers,...
Two Colorado REALTORS®, Jake Hubbell and Ashlee Nath, are in the running for this year's National Association of REALTORS® 30 Under 30 list. These talented professionals are making waves in the industry and are on the verge of being named as the top 30 under 30 in the country. We need your help to vote for them and give them...
CAR has become aware of several instances in multiple locations across the state where scammers are reaching out to listing brokers to gain access to listed properties. In the most common scenario, the scammer will attempt to schedule a showing directly with the listing broker while impersonating an active, licensed broker working with a buyer. They will text or call the listing...
After two years of unprecedented growth, the median sales price of a single-family home stayed the same in Colorado but dropped in Metro Denver, though barely. In January 2023, the median sale price was $569,804, down 1.4% from a year ago. Some parts of the state saw an increase in January. In January, the median price of a single-family home in...