REAL Trends Housing Market Report| July sales jump 13.2 percent over July 2014 The REAL Trends Housing Market Report for July 2015 shows that housing sales increased 13.2 percent from the same month a year ago. All four regions reported unit sales rose from a year ago with the Midwest leading the way with an increase of 14.6 percent. The annual rate of...
Tomorrow, REALTORS® have the opportunity to exercise one of our greatest constitutional rights – the right to vote. In elections at the local, state and national levels, REALTORS® have the opportunity to make a difference in determining the future direction of our great country. Electing candidates who understand the importance of homeownership, real estate investment and property rights will help ensure...
The housing market is starting to show some improvement after a slow start to the year, but home sales likely will still likely be shy of 2013 numbers, according to Fannie Mae’s June 2014 Economic Outlook, released this week. "Home price improvements have contributed to consumers’ household wealth, but overall growth in the housing market pulled back in the first quarter, with major...
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. ...
At the most recent Colorado Real Estate Commission meeting held on June 3, 2014, the Commission adopted Commission Position CP-44 regarding advertising properties as "coming soon" to the market. CP-44 outlines a broker's obligation to exercise reasonable skill and care when advising a seller or landlord of the advantages or disadvantages of different marketing methods. Further, the manner in which the...
Most areas of Colorado saw an increase in housing inventory (properties available for purchase) during the first quarter of 2014 compared to the previous quarter (Q4 2013). New listings increased 35 percent statewide from Q4 2013 to Q1 2014 and 5 percent compared to Q1 2013. At the same time, overall sales slowed down 19 percent in Q1 2014 compared...
San Francisco, CA (April 1, 2014) – NerdWallet, a consumer advocacy website, recently conducted a study to find the best places for homeownership in Colorado. Firestone topped the list while other Denver-area cities, like Dakota Ridge and Castle Rock, also made the top ten. As renting becomes less affordable, NerdWallet wanted to give potential homebuyers a look at the current housing...
Through the first three quarters of 2013 most areas of Colorado showed steady and significant improvement on such leading housing indicators as sales, median pricing and days on the market. During the fourth quarter the housing market overall slowed down significantly, a trend that some experts believe will carry into 2014. Sales of single-family homes, condominiums and townhouses (taken together) increased...
This year Newsweek's ranking highlights the best 2,000 public high schools in the nation—those that have proven to be the most effective in turning out college-ready grads. The list is based on six components: graduation rate (25 percent), college acceptance rate (25 percent), AP/IB/AICE tests taken per student (25 percent), average SAT/ACT scores (10 percent), average AP/IB/AICE scores (10 percent),...
The Colorado Association of REALTORS® (CAR) is dedicated to providing Colorado REALTORS® member services they feel are valuable to their business. This issue we are asking for your input on the state, regional and local housing market reports we provide to you and your local association on a quarterly basis. Please take a moment and take a very brief survey...