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Capitol Connection – March 10, 2017

Posted on March 10, 2017
General, Government Affairs, REALTOR® News

Senate Bill 17-156: Homeowner’s Association Construction Defect Lawsuit Approval Timeline. This week the Homeownership Opportunity Alliance initiated SB17-156, Homeowner’s Association Construction Defect Lawsuit Approval Timelines sponsored by Senator Owen Hill (R-Colorado Springs) and Representative Cole Wist (R-Centennial), and Representative Lori Saine (R-Firestone) received bipartisan approval as it passed the Senate.  The bill will next go to the House for their consideration. Thank you to all...

photo right above house looking over a stretch of neighborhood

Colorado Springs Inventory Reaches Record Lows

Posted on February 14, 2017
Consumer Awareness, Market Trends & Statistics, REALTOR® News, REALTORS® in the News

This article is posted in the Colorado Springs Business Journal and was posted by  Cameron Moix on February 14, 2017.   The Colorado Association of Realtors recently released its “Monthly Market Statistical Report,” which found that a record-low inventory continues to dominate the Colorado housing market.   According to the report, active listings across the state remain at historic lows despite the fact that...

CRF Receives Generous Gift From Four Corners BOR

Posted on February 14, 2017
Community Giving, Consumer Awareness, REALTOR® News

The Colorado REALTOR® Foundation would like to thank the Four Corners Board of REALTORS® for the generous gift of $1,426.00!   Thank you to Andrew Riddell, Barb Smith, Bev Williamson, Bill Stanley, Bob Toles, Bonnie Leighton, Brenda Bates, Brenda Hindmarsh, Carol Click, Carrie Baikie, Dawn Utrup, Ellie Courtney, Gerry Parker, Jason Witt, John Stramel, Katherine Chaffin, Katherine Dobson, Ken Williamson, Kerri White, Kevin...

REALTORS Confidence Index - six-month outlook for single-family homes map of the USA

REALTORS® Confidence Index – Colorado and the Nation in 2017

Posted on February 14, 2017
Market Trends & Statistics, NAR, REALTOR® News, Stats & Trends

The statistics included in this article are provided by the National Association of REALTORS® and was posted in Economist Commentaries, by Scholastica (Gay) Cororaton, Research Economist on February 7, 2017.   The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for...

Commission and Division of Real Estate Sunset Update

Posted on January 30, 2017
General, Government Affairs, REALTOR® News

On Wednesday January 25th, CAR General Counsel, Scott Peterson testified at the pre-hearing on the Division of Real Estate Sunset before the Senate Business, Labor and Technology Committee. This pre-hearing was an opportunity for the committee to hear from the Department of Regulatory Agencies’ Policy Analyst and stakeholders on the DORA Sunset Report. Peterson shared CAR’s comments on the report,...

Welcome to the second week of the legislative session…

Posted on January 23, 2017
General, Government Affairs, REALTOR® News

Regulation of Home Inspectors is calendared for January 31st.   CAR initiated Senate Bill 17-038, Concerning Regulation of Home Inspectors by Senator Nancy Todd (D-Aurora) was introduced last week and will now be heard in the Senate State, Veterans & Military Affairs Committee on January 31st.  Today, the Legislative Policy Committee (LPC) officially voted to support the bill and CAR will prepare...

The First Regular Session of the 71st General Assembly Kicks Off in 2017

Posted on January 18, 2017
General, Government Affairs, REALTOR® News

The first gavel of the first session of the 71st General Assembly came down on Wednesday, January 11th, ushering in twenty new legislators, with six legislators finding themselves in a new chamber and three legislators returning to the legislature with previous legislative experience.  The session, which will be a busy one for REALTOR® interests, got off to a quick start...

Market Trends Image Depicting Statewide Listings

Colorado median sales prices rise 10 percent in 2016

Posted on January 12, 2017
Consumer Awareness, General, REALTOR® News, Stats & Trends

Market playing out low inventory, high demand theme. While the median price of a Colorado home remained flat in December 2016 at $315,000, buyers and sellers experienced a 10 percent increase in the median sales price over the course of the year, according to the latest statewide housing report from the Colorado Association of REALTORS® (CAR). With a median sales price...

Centennial Ranks 8th in Top Cities for First-Time Homebuyers

Posted on December 15, 2016
Consumer Awareness, General, REALTOR® News

As a first-time homebuyer, you have a lot on your mind. But, location and price are likely at the top of the list. So, where can you put down your roots without breaking the bank? Taking a look at three top categories — affordability, livability and price stability—NerdWallet ranked the best places for first-time homebuyers nationwide. Centennial, Colorado ranked 8th nationwide...

Home Sales Expected to Expand Modestly in 2017

Posted on December 14, 2016
Business Services, Consumer Awareness, General, Local Association, NAR, REALTOR® News

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,...

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About CAR

The Colorado Association of REALTORS® is the state’s largest professional, voluntary, non-profit, real estate trade association that is dedicated to serving more than 26,000 REALTOR® members across the state. Read More

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