The Realtor.com® Economics team used historical data from 2018-2019 and 2021-2022 (excluding 2020 as it was an uncharacteristic year) to determine that the week of April 16-22 as the national best time to sell in 2023. This week is expected to have the ideal balance of housing conditions that favor home sellers more than any other week this year. How the weeks were scored: Favorability toward sellers —...
For homeowners affected by the Marshall fire, the time between the disaster and receiving much-needed federal and insurance dollars is uncertain. “it’s the hardest, darkest period that these victims have to walk through,” said CAR Foundation Executive Director Amy McDermott. “Our hope is that this funding can bridge that gap.” The Foundation has received over $2 million to give to homeowners during this time, and...
Recent home listings in the Marshall Fire Burn areas are still selling over the asking price in a short time. There were 17 homes under contract that sold within two days of being on the market. The language in the listings reads differently than it did two months ago. “Instead of the remarks saying, ‘Great house, open space, and views,...
Last week, Habitat for Humanity hosted a build for CEOs where our very own Tyrone Adams worked shoulder-to-shoulder with more than 50 other Colorado CEOs, including leadership from the Broncos and Coca Cola. Tyrone was joined by Melissa Maldonado from the South Metro Denver REALTOR® Association (SMDRA) and Ted Leighty from the Colorado Home Builders Association. The team of CEOs built trellises at a build site...
NAR has launched a series of communications targeted to renters, housing providers, state/local elected officials, and opinion leaders about the availability of rental assistance in Denver beginning Friday, Sept. 10th. The message of the online ad underscores that Congress has allocated $46.55 billion in emergency rental assistance relief for renters and housing providers who are struggling due to the impact of...
Support RPAC and complete your 2021 investment by joining us virtually for a silent auction. You will have the opportunity to bid on a range of items that include; Apple iPad, Yeti Cooler, Spa packages and more! Investing in RPAC is the most effective way to protect our industry and ensure our interests are represented. This is a great way to make your 2021...
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...
Metro District Impacts on Housing Costs for Home Buyers1 The Study: The Fort Collins Board of REALTORS®, the Greeley Area REALTOR® Association, the Longmont Association of REALTORS® and the Loveland-Berthoud Association of REALTORS® commissioned Anderson Economic Group (AEG) to analyze how purchasing a home in a metro district impacts homebuyers in order to better educate our members and their clients. To our knowledge, this study is the first of...
Government Affairs Update Earlier this week the Centers for Disease Control (CDC) announced its extension of the nationwide eviction moratorium through June 20, 2021. Under the terms of the CDC order, residents must declare that they have pursued all appropriate government assistance, met certain income and employment requirements and are using best efforts to make timely partial payments, among other qualifications. This...
Fox 31 spoke to Boulder-area REALTOR Kelly Moye about the lack of housing inventory and the increasing popularity of second-home purchases in Colorado's mountain towns. “The second home market really, really went crazy because of the pandemic,” Moye said. “When our market wasn’t quite as brisk as it is now, a lot of people sold their second homes because they...