Results for: first time home buyers

Get Your Client’s Mortgage Closed On Time

How Finding the Right Lender Can Get Your Client’s Mortgage Closed On Time By Todd Crowley   Picture this: You’ve been working with your clients for months—putting in additional hours, working late nights and weekends—trying to find them the perfect house. The home is found, the purchase contract is signed, you have worked through the transaction details, and you are...

Home Buyers & Sellers Generational Trends Report

The National Association of REALTORS® just released the Home Buyers & Sellers Generational Trends report. Read the highlights and see the report below. Highlights Gen Y comprises the largest share of home buyers at 31 percent, followed by Gen X at 30 percent, and both Younger (16 percent) and Older Boomers (14 percent) at 30 percent. The Silent Generation has the smallest...

Colorado Home Sales/Prices Upward Trend

Sales of single-family, condominium and town homes (taken together) increased 16 percent statewide to 18,343 units during the first quarter 2013 compared to first quarter 2012, according to Quarterly Market Statistical Reports released by the Colorado Association of REALTORS® (CAR).   Download the PDF Here. New listings dropped slightly more than 7 percent statewide, primarily due to drops in the Denver...

Housing markets mellow with weakening prices and softening demand

ENGLEWOOD, CO – Temperatures ran hotter in July, but the housing market did not follow suit thanks to the continuation of elevated interest rates and a lighter inventory of active listings as more and more would-be sellers choose to sit on their low interest rate mortgages rather than move, according to the latest Market Trends Housing Report and analysis from...

2022: A year of change in real estate

A long-term, frenzied housing market shifts in second half of 2022 ENGLEWOOD, CO – The robust, fast-paced real estate market that has dominated Colorado for the past several years and into the first half of 2022 changed significantly in the second half of the year and was punctuated by a December freeze that saw new listings fall to all-time lows...

New Listings Outpace Sales in Most Markets

Local markets experiencing varying degrees of increases in inventory paired with a slowed spring market; entry-level buyers unequivocally priced out due to compounding affordability challenges ENGLEWOOD, CO – The continued increase in new listings across all property types is creating a more balanced market across Colorado with May’s new listing gains in the seven-county Denver-metro area reaching 34.6% over May...

Capitol Connection – April 23, 2024

Legislative Advocacy This Week at the Capitol Only 15 days remain until May 8th when the legislative ends, as mandated by our state constitution, yet hundreds of bills remain alive and we still expect more to be introduced. At least one bill yet to be introduced would impact your property taxes. This bill will be separate from the Property Tax Commission...

Capitol Connection – March 25, 2024

Legislative Advocacy This Week at the Capitol CAR is on day 76 of the 120-day state legislative session. The week of March 25th is officially the start of the legislature’s budget-setting bill, known as the ‘Long Bill’. The limited 2024-2025 fiscal year budget is projected to create existential hurdles for legislation with large state expenditures. The annual budget bill will...

Housing pipeline begins to fill as sellers step off the sideline

ENGLEWOOD, CO – New listings continued to fill the housing pipeline as the spring selling season ramps up and sellers step off the sidelines, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis from the Association’s spokespersons across the state. February’s 3,807 new single-family listings in the seven-county Denver metro area represented...

Capitol Connection – March 11, 2024

Legislative Advocacy This Week at the Capitol The Colorado Association of REALTORS® is past the halfway point in the 2024 legislative session. Bill introductions are starting to slow down, but more can be expected. CAR is strongly supporting SB-106 because it has the potential to correct issues underlying the lack of entry-level housing construction and is opposing HB-1300 because it...