Results for: first time home buyers

Denver Metro Area Ranks #4 on Realtor.com®’s Housing Market Recovery Index

National housing inventory has plunged 37% year over year, while buyers’ heightened demand is creating bidding wars and a rapid pace of sales, realtor.com® reports in its latest Weekly Recovery Report. Homes are selling nine days faster than a year ago, even as prices escalate, realtor.com® reports. The National Association of REALTORS® reported Thursday that contract signings in July jumped 15.5%...

Bipartisan American Dream Down Payment Act of 2020 Supported by CAR, NAR

Bipartisan bill would create savings accounts to allow prospective homebuyers to more easily save for down payments and other eligible costs associated with buying a home  Washington, D.C. – U.S. Senators Cory Gardner (R-CO) and Doug Jones (D-AL) today introduced the American Dream Down Payment Act of 2020. As Americans face unprecedented challenges from the COVID-19 pandemic, the bipartisan legislation would...

Housing Pipeline Surges Across Colorado in June Pent-Up Demand Drives Second Straight Month of Record-Setting Pending Sales

Marty Schechter for CAR 303-882-4585 cell    marty@schechterpr.com ENGLEWOOD, CO – July 10, 2020 – With pent-up demand and low inventory conditions prior to the COVID pandemic, the continued opening up of business and personal activities statewide created a surge of activity across Colorado’s housing markets resulting in new record highs for pending sales and driving the inventory of active...

May Delivers “Virtual Reality Reset”

Roar of record-setting pending sales reflect the opening up of restrictions and strong demand across Colorado’s housing markets Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO – June 10, 2020 – Virtual tours, virtual open houses, sight unseen purchases, and virtual closings have helped shape a new reality for real estate transactions across the Denver metro area and state...

Capitol Connection – May 29, 2020

The Latest from NAR Houses Passes Paycheck Protection Program Flexibility Act Earlier this week, the U.S. House of Representatives passed the “Paycheck Protection Program Flexibility Act,” which makes several amendments to the CARES Act to make PPP loans more helpful to small businesses by increasing flexibility. The changes include: Extending the program sunset to December 31, 2020;  Extending the length of...

April’s Real Estate Pause Not Nearly as Bad As Feared; Cautious Optimism Prevails as Delayed Selling Season Kicks In

Marty Schechter for CAR 303-882-4585 cell                                                                                                     marty@schechterpr.com ENGLEWOOD, CO – May 12, 2020 – While the real estate universe paused with bated breath in April, the results of a complicated, pandemic-driven start to the typical buying and selling season weren’t nearly as bad as many in the industry feared, according to the latest monthly market data from the...

Coronavirus Slows But Can’t Stop Robust Housing Market

March numbers reflect a pause to the momentum of a healthy first Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – April 10, 2020 – From a cold and snowy Colorado February to the COVID-19 pandemic in March that has impacted virtually every person and every community, the state’s residential real estate market found a way to persevere with...

CAR Candidate Forum

Colorado REALTOR Covid-19 Information Portal

Capitol Connection – Feb. 7, 2020

HB20-1049: Reauthorize Habitat for Humanity Tax Check-off Rep. Shannon Bird (D-Westminster), Rep. Hugh McKean (R-Loveland), Sen. Don Coram (R-Montrose), and Sen. Jeff Bridges (D-Greenwood Village) LPC Position: Support Summary: HB-1049 allows an individual taxpayer to designate a contribution amount to the Habitat for Humanity of Colorado Fund for an additional five years (income tax years 2019 through 2024). Rationale: Habitat...