Posted on
August 31, 2017
Colorado State University’s study The Hidden Value of Landscapes: Implications for Drought Planning is the first study of its kind to quantify how landscapes boost real estate values and decrease urban crime in Colorado. In addition, this new research explores how these open spaces also offer tangible community, health and environmental benefits. Many of these advantages have already been known...
Posted on
August 16, 2017
What will homebuyers sacrifice just to get in on a piece of the action?
BY CAR SPOKESPERSON MATTHEW LEPRINO
The Denver real estate market has recently become a hotbed of conflicting cause-and-effect discussion. Our condominium regulations (construction defects reform) have gained national attention, while our scorching home prices seem unstoppable to everyone except those who worked and survived the 2008 market. Instantaneous...
Posted on
August 10, 2017
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...
Becoming a First-Time Buyer in America’s Least Affordable City
June 15, 2017
For millennials in America’s fastest growing cities, becoming a first-time homebuyer is more challenging because average wages can’t keep up with the rising cost of a median priced home. And, Denver takes the number one spot as the least affordable hot spot for millennial buyers, according to a new joint...
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...
Posted on
December 14, 2016
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,...
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...
CAR’s First-time Homebuyer Savings Act Tax Deduction, recently signed into law by Governor Hickenlooper on June 10th, is garnering nationwide attention as Congressman Coffman introduced a federal version of this bill on Friday.
CAR championed legislation creates first-time homebuyer savings accounts which allows a tax deduction for account holders on the interest earned on these accounts. A First-time Homebuyer Savings Account...
Despite tight conditions, Latinos see net increase of 245,000 owner households.
The Hispanic Wealth Project, in collaboration with the National Association of Hispanic Real Estate Professionals (NAHREP), revealed data today in their State of Hispanic Homeownership Report that shows an increase in both Hispanic homeownership rates and in the number of owner Hispanic households while overall U.S. homeownership rates have declined...
According to a Consumer Reports national homeownership survey, more than one-third of millennial respondents said they didn’t own a home because they hadn’t saved enough for a down payment. For many, high rental costs and student debt make it difficult to save for a down payment.
Consumer Reports highlights down payment savings strategies, including finding a no-interest loan or homeownership program...
