Results for: Call for action

Suddenly, it’s all about pricing

Percent of list price received on home purchases dips below 100% for the first time since 2020 ENGLEWOOD, CO – Rising interest rates and traditional seasonal slowdown continued to pump the brakes on the metro area and statewide housing markets as potential buyers found a few more options to choose from and a few more days to think about their...

July Teases the Start of a New Real Estate Game for Second Half Of 2022

ENGLEWOOD, CO – With active listings and inventory rising across the seven-county metro area and state, slowing sales and fewer new listings have kept the full swing of the real estate pendulum in check, according to the July 2022 Market Trends Housing Report from the Colorado Association of REALTORS®. The combination of factors, including rising interest rates, is giving potential...

A step toward normalcy but no reason to celebrate yet June numbers reflect dramatic changes and complexities of massive, highly reactive housing market

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Despite a massive influx of new inventory hitting the Denver metro and statewide housing markets over the past month, fears of inflation, rising interest rates and a host of other key variables are changing conditions for both buyers and sellers alike, according to the June 2022 Market Trends Housing Report from the Colorado Association of REALTORS®....

May Market Trends Report Brings Price Reductions and Lower Average Sale Price

Colorado REALTORS® noticed a new turn in CAR’s Market Trends: “I think we hit a peak in late March or early April,” said Aurora REALTOR® and CAR Spokesperson Sunny Banka, who is getting about 25 emails a day about home price reductions. “What I’m paying attention to is how drastically the average price has changed,” said Denver REALTOR® and CAR...

Rising interest rates and inflation fears help pump the brakes on housing market pushing inventories higher and keeping median pricing flat

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Buyer trepidation fueled by rising interest rates and inflation fears continued to contribute to an improving bottom line for housing inventory and helped keep median pricing relatively flat across the seven-county Denver-metro area and in markets statewide, according to the May 2022 Market Trends Housing Report from the Colorado Association of REALTORS®. New listings for single-family...

Grand Junction REALTOR® Brenda Case Wins Colorado’s Heart Award

Five REALTORS® across Colorado recognized as REALTORS® with a Heart FOR IMMEDIATE RELEASEJune 1, 2022      Contact:   Amy McDermott Executive Director, CAR Foundation(303) 785-7131 or (303) 790-7099 ENGLEWOOD, CO– The Colorado Association of REALTORS® (CAR) Foundation has named Grand Junction REALTOR® Brenda Case the recipient of its 2022 Colorado’s Heart Award in recognition of REALTORS® serving their communities with distinction. In...

Bumps in inventory and interest rates give some homebuyers hope and a window of opportunity while others are priced out as the median price for a single-family Colorado home hits a record $600,000

Despite challenges, REALTORS® across the state share signs of hope for more balance in the near future ENGLEWOOD, CO – Rising interest rates and seasonal growth in inventory have given some potential homebuyers a little larger window of opportunity while others have decided to take a step back from the homebuying search as their dollars just don’t go as far,...

Fraud Alert – Vacant Land Scam

Land Title Association of Colorado and the Colorado Association of REALTORS® have become aware of a new fraudulent scam that has quickly become more prevalent in the last month.  In most instances it includes VACANT LAND.   A fraudster locates a property and impersonates the owner of the property.  They list the property for sale (typically as a “FSBO”) on...

Capitol Connection – April 26, 2022

Legislative Advocacy this Week at the State Capitol Breaking news on HB-1287 Mobile Home Park Legislation (Rent Control) Late last Friday evening, the state House, during their second reading on the House Floor, an amendment was added to the bill that removed rent control from the legislation. CAR, in earlier committee testimony submitted to the legislature, advocated removing this section. The...

March spike in new listings does little to offset home buying demand, record appreciation, and sale price

ENGLEWOOD, CO – A much-needed spike in new listings from February to March did little to quell the continued insatiable appetite for housing in markets across the state, according to the March 2022 Market Trends Housing Report from the Colorado Association of REALTORS®. New single-family listings in the seven-county Denver metro area rose 47.5% percent from February to March 2022,...