The housing market looks a lot different today than it did a couple generations ago.
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Faced with financial challenges, it's little wonder that millennials are buying different types of homes and in different types of locations than their parents did. And they are buying under different circumstances, too, often waiting longer, buying before marriage, or living with their parents to save cash so...
Raising enough cash for a down payment is often the biggest hurdle for homebuyers.
According to some estimates, it can take up to 15 years for people to save towards the purchase of a home, especially with conventional mortgages, which require anywhere between 5 to 20 percent down. If you’re trying to buy a $400,000 house, that could equate to $80,000 in cash you...
Get ready for Gen Z. People between the ages of 18 and 23 are eager to become homeowners, and many are already setting aside money for a down payment.
More than half of Gen Zers surveyed said they are saving for a home, and 59 percent say they plan to buy a home within the next five years—before they reach the...
Posted on
February 22, 2019
Next Stop, Governor's Desk: House Bill 19-1098: Deeds to Convey Real Property
CAR is thrilled to announce that HB19-1098, Deeds to Convey Real Property, is headed to the Governor's desk for his consideration. CAR worked with multiple industry stakeholders to develop and champion this legislation as a common-sense public policy solution that fixes a longstanding problem in real estate transactions.
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Under current...
Posted on
January 29, 2019
The Colorado Association of REALTORS® (CAR) has completed a 50-state research analysis designed to identify the most innovative and successful programs being implemented to address the full spectrum of housing issues facing communities across the United States.
From affordability and product type to inventory needs, CAR’s research set out to help identify what state and local governments, public and private businesses,...
Posted on
October 31, 2018
COLORADO GIVES DAY
Colorado Gives Day is an annual statewide movement to celebrate and increase philanthropy in Colorado through online giving. We invite you to join us on Tuesday, December 4, 2018 and donate to the Colorado Association of REALTORS® Foundation. Over the span of 25 years, The CAR Foundation has invested $7.7 million to support Colorado nonprofits that encourage safe...
Posted on
August 30, 2018
Move, Inc./realtor.com has recently annouced their agreement to acquire Opcity, a leading market real estate technology platform that matches potential home buyers and sellers with real estate professionals in a real time setting.
This news adds to the other benefits that Move, Inc./realtor.com offers and they consider this a great investment to their partners and the real estate sphere as a...
Posted on
August 28, 2018
July is always one of the best months for property sales for Colorado's High Country, and that was exactly the case in Summit County's exploding real estate market.
Defined as any home sold at or above $1 million, luxury housing sales boosted the overall real estate sales volume to more than $150 million, a $5.2 million increase over July 2017 and...
The competition is heating up as the 20 finalist fight for Amazon to pick their city for the new location of the HQ2. As of now, Denver, Colorado sits sixth on the list with Raleigh, North Carolina leading in first place.
ATTOM Data Solutions has created a ranking of the final 20 cities in the running and their likelihood of being...
Just-Released Economic Data Finds Improving Education in Colorado Would Generate Billions for the Economy
New statewide polling shows education is a top tier issue for Colorado voters and employers, alignment on improvement strategies
May 15, 2018 – Denver – If Colorado schools were the best in the nation, the state and its economy would receive a multi-billion-dollar boost.
That’s the conclusion of...
