A look at Denver's 2018 housing market Article from ColoradoBiz By Matthew Leprino, CAR Spokesperson We have reached cruising altitude. You are free to use your portable electronic devices, or … so we thought. As 2018 succeeds a year of upward evolution for Denver’s real estate market, we must be cautious before removing the fasten seat belt sign and watch for items that...
Median sales prices rise 10 percent in back-to-back years lack of inventory a consistent theme statewide ENGLEWOOD, Colo. – Jan. 11, 2018 – From the Denver metro area’s urban core and suburbs, to smaller communities across the state, Colorado’s housing market experienced back-to-back years of 10 percent bumps in the median sales price of a single-family home as record low inventory...
Changes in the tax code could have pricey implications for homeowners if the GOP Tax Proposal passes. Cuts elsewhere are causing Congress to find other ways to make up the money. One area they are looking to make up the money is taxes associated with real estate. Currently, homeowners are encouraged to stay in their home for two years and are...
Denver, Colorado has seen a rental price increase as the housing market has sky rocketed for that area. Matthew Leprino, a CAR spokesperson spoke with Denver 7 to offer his advice for those looking for affordable rentals near Denver. Rental prices are reliant on the median home price for the area of the rental property, "Adams County is one of the more...
WASHINGTON (December 14, 2016) — Existing-home sales are forecast to muster only a small gain in 2017 because of increasing mortgage rates and shrinking consumer confidence that now is a good time to buy a home, according to new consumer survey findings and a 2017 housing forecast update from the National Association of Realtors®. In NAR's fourth quarter Housing Opportunities and Market Experience (HOME) survey 1,...
Cybercriminals are targeting home buyers and sellers nationwide. DORA offers tips on how to protect yourself. DENVER --- The Colorado Division of Real Estate at the Department of Regulatory Agencies (DORA) warns Colorado consumers to beware of a national cyber-scam currently taking place that steals money directly from home buyers and sellers. The Division continues to receive information about this cyber scam in which cybercriminals hack...
At the most recent Colorado Real Estate Commission meeting held on June 3, 2014, the Commission adopted Commission Position CP-44 regarding advertising properties as "coming soon" to the market. CP-44 outlines a broker's obligation to exercise reasonable skill and care when advising a seller or landlord of the advantages or disadvantages of different marketing methods. Further, the manner in which the...
Sue Carmony, of Carmony Realty in Boulder, won the Reach150 prize drawing for $500 through random selection of participating members that have reached 3 or more recommendations. Congratulations Sue! Have you had a chance to check out Reach150? CAR has partnered with Reach150 to help our members build a stellar online reputation through client testimonials. Setting up a free, new account and...
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 share of...
Five Colorado REALTORS® will be inducted into the NAR RPAC Hall of Fame in May during the 2014 REALTOR® Party Convention and Trade Expo. They will be honored for their commitment to RPAC and their investment of over $25,000 during their career as REALTORS®. Kit Cowperthwaite A former lawyer, Kit left a long-time practice in 1993 to begin a full-time career as a REALTOR®. He quickly became involved, serving...