With the help of a $20,000 grant from the CAR Foundation and a $5,000 grant from the Longmont Association of REALTORS®, the Veterans Community Project (VCP) broke ground yesterday on VCP Village – Longmont, an innovative project that will provide housing for veterans and their families. In attendance was Gov. Jared Polis, as well as CAR CEO Tyrone Adams, CAR...
The Colorado Sun reported on the state's strong housing market at a time when COVID-19 has devastated other sectors of the economy. One way the pandemic has affected housing is increased buyer interest in single family homes over condos. According to Denver-area REALTOR Matthew Leprino, buyers are seeing the value of having a house with more space to spread out. ...
USA Today reported on CAR's July 2020 Market Trends report. It notes, "Sales rose 15% from June and 21% from the previous July – before COVID-19 when the economy was rolling. Statewide the median home price rose a startling 4.5% in one month, to $443,925." "There is a total disconnect with half the economy being crushed and yet, housing has mostly shrugged it...
“Buyers waited on an hour-by-hour basis for the new listings to show up, then competed to win the bidding wars,” said Colorado Springs-area REALTOR Jay Gupta in response to CAR's July 2020 Market Statistics Report. As noted in the report, buyers snapped up a record 10,771 single family homes in Colorado in July. Read the full Denver Post article. ...
Contact: Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO – Aug. 12, 2020 – A record number of single-family homes sold in July have shattered state records and driven median home prices to record highs as well, according to the latest monthly housing data from the Colorado Association of REALTORS® (CAR). Despite another strong month of new listings, a...
On Monday, Governor Polis issued an extension to an Executive Order requiring landlords to serve a 30-Day Demand for Rent or Possession. This new Order is in effect until Wednesday, September 9, 2020. Executive Order 2020-162 encourages property managers to take steps to limit evictions for tenants who have made a good faith effort to make rental payments or establish a repayment agreement. The Order, however, is not a...
The Colorado Association of REALTORS® (CAR) is opposed to the Department of Housing and Urban Development’s decision to rescind the Affirmatively Furthering Fair Housing Rule, a 2015 regulation implementing the 1968 Fair Housing Act’s mandate that governments take affirmative steps to address segregation. In step with the National Association of REALTORS®, CAR agrees that eliminating this rule strips away a vital tool for fulfilling the original...
By Jason Blevins, The Colorado Sun Urbanites fleeing cities for homes in the hills are pulling mountain resort real estate out of a pandemic slump. Inventories are dwindling, prices are soaring and resort-town schools are seeing enrollment climb as second-home owners and newcomers settle in places like Steamboat Springs, Vail, Crested Butte, Telluride and Aspen. Telluride REALTOR® George Harvey is working with more...
“We believe that fairness is worth fighting for, and we won’t stop until the fight is won,” reads a new full-page ad from the National Association of REALTORS® that will appear in The New York Times on Sunday and The Wall Street Journal on Monday. The ads, which focus on REALTORS®’ commitment to fair housing amid social unrest around race, are an extension of...
Denver-area REALTOR Matt Leprino told the Denver Post that homebuyers, tired of being quarantined at home, are looking for space to spread out as the state's housing market continues its boom. “It’s absolute pandemonium for buyers under $400,000,” Leprino said. He cites particular interest from apartment renters desiring an more space and are competing against one another for single family homes. “We...