Home sales and prices in Denver slipped lower from June to July. But was that just the chain jerking on a roller coaster still headed higher or a housing market cresting its peak and about to send passengers on a wild ride? “It is typical to have a seasonal slowdown every summer, but this summer has been slower than most and...
Ask your Representatives to pass H.R. 2874, “The 21st Century Flood Reform Act.” NAR is launching a Call for Action (CFA) on Tuesday, August 22nd! This CFA will be sent to all REALTOR® members and will be asking the U.S. House of Representatives to pass H.R. 2874, “The 21st Century Flood Reform Act.” Click here for more information regarding the National Flood...
July housing data delivers mixed bag across Colorado ENGLEWOOD, Colo. – Aug. 10, 2017 – While Colorado’s housing market remains extremely hot, seasonal factors contributed to create a mixed bag of results in Colorado’s housing market activity in July, according to the monthly statewide housing report from the Colorado Association of REALTORS® (CAR). Despite decreases in new (-14 percent), active (-3.5) and...
Across all of Colorado, there are 30 percent fewer homes for sale across state than one year ago. Active and new listings rise but strong sales, low inventory continue to shape seller’s market. Key findings from the June 2017 research report include: Peak summer housing market sees median sales prices for single family homes in the metro region, as well as statewide,...
Bob Goldberg has been named CEO of the National Association of REALTORS®, officially taking over the largest trade association August 1, 2017. He currently serves as NAR senior vice president of Sales & Marketing, Business Development & Strategic Investments, Professional Development and Conventions. He's also senior vice president of administration for REALTOR® University and president and CEO of the REALTORS®...
TOP 5 LEGISLATIVE SUCCESSES AT THE CAPITOL 1) Construction Litigation Reform CAR, along with the Homeownership Opportunity Alliance, championed compromise legislation that is the first step in the right direction to building more attainable housing for all Coloradans while also protecting homeowners and giving them a voice in whether or not to pursue litigation. After more than four years of negotiations on...
U.S. Existing-Home Sales Rise in May Despite Tight Supply Sales increased 1.1% from April and the median sales price jumped 5.8% Existing-home sales rose 1.1% in May from the prior month to a seasonally adjusted annual rate of 5.62 million, the National Association of REALTORS® said Wednesday. Economists had expected a modest decline from April. Compared with a year earlier, sales were...
Across Colorado, there were 20,100 active residential listings available on the market at the end of May, according to a report Monday from the Colorado Association of REALTORS. That represents a 32 percent drop in the active inventory of homes for sale versus a year ago, with about 10,500 fewer single-family homes and 2,100 fewer condos available for sale. Sellers showed...
Justin Knoll will be the Chair-elect for the 2017-2018 leadership year after a close election with fellow candidate Darrell Wass. To ensure the voting results were accurate, calculated in a fair manner, and followed BOD approved CAR Bylaws, two member volunteers (Okie Arnot and David Barber); Mark Trenka, CAR Chairman; Tyrone Adams, CAR CEO; Jonathan Griggs, Director of Technology; and Janna Burton,...
Denver – Members of the Colorado Association of REALTORS® (CAR), as part of the Homeownership Opportunity Alliance (a bipartisan statewide coalition of housing advocates, business leaders, metro area mayors and builders), stood with Gov. John Hickenlooper in the West Foyer of the Colorado Capitol on Tuesday as he signed HB 1279, the Construction Defect Actions Notice Vote Approval bill, into...