Results for: first time home buyers

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...

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...

Capitol Connection – March 4, 2024

Legislative Advocacy This Week at the Capitol The Colorado Association of REALTORS® is now in its 55th day of the 120-day legislative session. Just over two-thirds of all introduced legislation originated in the state House of Representatives, and we expect to see more bills introduced with late status. This week holds two high priority bills highlighted below with the links...

Capitol Connection – February 20, 2024

Legislative Advocacy This Week at the Capitol We are in the 42nd day of the state’s 120-day legislative session. The Colorado Association of REALTORS® has 69 bills in its stack out of the 529 total introduced. CAR’s political advocacy efforts achieved significant amendments in landlord-tenant legislation protecting the property rights of housing providers and ensuring they can place their properties...

Interest rates defined 2023 housing market and will likely drive the story again in 2024

ENGLEWOOD, CO – Defining the 2023 Colorado housing market came down to one major factor: interest rates. No other single component of the housing equation had as far-reaching effects on the market as the Federal Reserve’s raising of the Federal Funds Rate, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis from...

With slowing activity across the state, housing prices buoyed by luxury market sales

ENGLEWOOD, CO – Despite small increases in the overall inventory supply, higher mortgage interest rates continue to broaden the traditional seasonal slowdown in housing markets across the seven-county Denver metro area and in markets statewide. As a result, buyers willing to come off the sidelines have gained a little advantage and sellers, willing to sacrifice their 3.5% and lower interest...

THINGS ARE LOOKING UP: Rates will be going down and a fair look at Fannie and Freddie’s new LLPA’s

By Mathew Schulz, CVLS, CML President, Residential Loan ProgramsC.M.L.A. Board of Directors Welcome back to this quarter’s edition of Notes from a Mortgage Professional, brought to you by your local embittered mortgage professional.  NO, that’s not the case. In fact, there are great things on the horizon; a positive outlook on the increased loan level price adjustments from Fannie Mae...