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Colorado Tag

Scam Alert: Emails with Fraudulent Wire Transfer Instructions

Posted on December 13, 2016
Business Services, Commercial Real Estate, Consumer Awareness, General, Local Association, REALTOR® News

    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...

Demand and Low Inventory Keep Prices Flat for Single Family

Posted on December 13, 2016
Consumer Awareness, General, REALTOR® News

Despite typical seasonal and market factors, strong demand and record low inventory keep median sales prices for single-family homes flat while condo/townhouse prices reach a new high. While temperatures across Colorado remained more summer-like than fall throughout November, traditional seasonal real estate market slowdowns were met head-on by strong consumer demand and a continued shortage of inventory, according to the latest...

2016 Election Recap

Posted on November 11, 2016
General, Government Affairs, NAR, REALTOR® News

What the 2016 election results mean for Colorado REALTORS®. “Pundits Befuddled!” is how news headlines could have described the 2016 elections. Pundits, and the world, were stunned by Donald Trump’s inconceivable victory. Perhaps even more unexpected than the Presidential race, was the fact that Republicans retained their U.S. Senate majority. As of Friday, November 10th, a few Colorado counties were still...

Shrinking Inventory Driving Factor in Colorado Markets

Posted on November 10, 2016
Consumer Awareness, General, REALTOR® News

Single family and townhouse/condo listings down more than 30 percent since July peak. While the median sales price for single-family homes and townhouse/condominium units between September and October 2016 remained relatively flat, $337,000 and $252,000 respectively, a shrinking inventory of active listings across the state continues to play a significant role in the overall housing market, according to the latest statewide...

Inventory Remains Key Factor in Markets Across the State

Posted on October 12, 2016
Consumer Awareness, General, REALTOR® News

Median sales price for Colorado’s single-family homes dips for second time in three months while condominium/townhouse prices increase. The median sales price of a single-family home in Colorado has dropped for the second time in the past three months to $336,700. The one percent dip comes on the heels of a flat August and a nearly 3 percent dip reflected in...

CAR Honors Scott Matthias as REALTOR of the Year

Posted on September 28, 2016
General, Local Association, Meetings & Events, REALTOR® News

Select members throughout state also honored for distinguished service. Scott Matthias, Broker Associate with RE/MAX Professionals in Highlands Ranch, Colo., was recognized as the Colorado REALTOR® of the Year by the Colorado Association of REALTORS® (CAR) at its 96th annual convention. The award is the most prestigious award given to a CAR member and is a culmination of a distinguished career within...

Median Sales Price for Homes Drops in July

Posted on August 10, 2016
Consumer Awareness, General, REALTOR® News

The median sales price of a single-family home in Colorado dropped 3 percent to $336,000 from June to July of this year, the first reversal in what had been steadily rising prices since November 2015.  Condominium/townhouse prices also dropped 3 percent to $240,000, the first decline since January.  Compared to July 2015, however, single-family median prices were up 8 percent...

Colorado Ranks as #6 Best State for Homeowners Says Study

Posted on July 21, 2016
Consumer Awareness, General, REALTOR® News

SmartAsset’s latest study on the best housing markets for growth and stability showed three Colorado metro areas ranked in the top 10. Based on the data pulled for this analysis, they concluded that Colorado as a whole was a great place for people wanting to own homes. Colorado's average effective property tax rate (0.58%) is among the lowest rates in...

REALTORS® Expand Wildfire Education and Mitigation Efforts

Posted on July 21, 2016
Consumer Awareness, General, Government Affairs, REALTOR® News

With active wildfires burning across the state, Colorado REALTORS® are expanding their efforts to educate homeowners about the dangers of wildfires, especially to those living in Wildland-Urban Interface (WUI) areas, through a program designed to help connect homeowners willing to mitigate their properties and reduce wildfire risks with information and resources in their local communities. The Colorado Project Wildfire website...

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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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