A recent article by the Denver Business Journal found that Denver ranks second of the highest paying cities for real estate sales agents. At an average pay (2014 data) of $80,910 per year, Denver came in second only to Indianapolis, with an average pay (2014 data) of $99.540. The data comes from an analysis by The Business Journals of the latest...
June sales of both single-family homes and condominiums-townhouses were strong throughout the entire State of Colorado compared to the same month in 2014, according to market statistics prepared for the Colorado Association of REALTORS® (CAR) by 10K Research and Marketing, a Minneapolis-based real estate technology company using data provided by all of the Multiple Listing Services (MLS) in Colorado.. Last...
Denver had the second largest increase in annual homes prices with statistics showing this increase at 10%. This major increase on home prices and the lack of inventory are due to the legalization of marijuana in 2012. "The pot industry is creating jobs we didn't have before," said Kelly Moye, a Re/Max real estate agent who has worked in the Denver...
David Barber, a nine-year real estate veteran with RE/MAX Unlimited Inc., on Monday was installed as chairman of the Colorado Association of Realtors. CAR, the state’s largest real estate trade association with more than 21,000 statewide members, installed its 2014-2015 Leadership Council, including the chairman position, at its 94th annual state convention that drew more than 650 people to downtown Denver....
Colorado Housing and Finance Authority (CHFA) will hold three public hearings in Colorado regarding the Low Income Housing Tax Credit Allocation Plan (the Plan) for the year 2015. The 2015 QAP will guide CHFA’s allocation of both the federal and state Low Income Housing Tax Credits. The purpose of the hearing is to receive input on the Plan and to...
Colorado regulators have urged real estate professionals to avoid selling property in off-the-market deals because they say it can pose greater risks for sellers. The Colorado Real Estate Commission issued an opinion last week stating that selling property without putting it officially on the market is OK, if sellers realize the risk, but if they don’t, such a tactic can...
New to the 2014 CAR Convention, a "CYPN Package" is now available as a registration type! The Colorado YPN was created as a networking group to engage Young REALTORS® to become more active in leadership at the local, Colorado Association of REALTORS® and National Association of REALTORS®. The Colorado YPN is designed to assist new and young agents as they transition into...
How Finding the Right Lender Can Get Your Client’s Mortgage Closed On Time By Todd Crowley Picture this: You’ve been working with your clients for months—putting in additional hours, working late nights and weekends—trying to find them the perfect house. The home is found, the purchase contract is signed, you have worked through the transaction details, and you are ready to close. ...
Student loan debt is a growing concern for REALTORS®, because of its impact on household formation. What is NAR doing to address the issue of growing student debt? NAR's 2014 President, Steve Brown explains in his latest video. Original post here. ...
Q. While remodeling your home can save you money, the real question is, does it translate into higher resale value? A. All of the DIY (Do It Yourself) shows transform boring and outdated homes to modern, contemporary and appealing homes right before your eyes. The one thing you must keep in mind is that just because you think your remodeling looks...