Colorado Association of REALTORS | Real Estate
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Real Estate Tag

Shrinking Inventory Driving Factor in Colorado Markets

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

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...

Thanks to REALTORS, H.R. 3700 passes the U.S. Senate

Due to the overwhelming response from REALTORS® in Colorado and across the country contacting their Senators, we are excited to report that H.R. 3700 passed the U.S. Senate on July 14, 2016! Once again the voices of REALTORS® were heard loud and clear on Capitol Hill and last night we scored a big win! Thanks to you, and more than 139,000 REALTORS®...

Prices for Homes in Colorado Continue to Rise

The median price for a single-family home in Colorado reached a new high of $345,000 in June, a 3 percent increase over May and 9 percent higher than one year ago according to market statistical reports released today by the Colorado Association of REALTORS®.  For condominiums and townhouses, the June median of $246,000 was just slightly higher ($1,000) than in...

The CAR Fall Conference & Expo is Going to Sell Out

  Keynote speaker Curtis Zimmerman discusses why you can't miss the 2016 CAR Fall Conference & Expo in Broomfield, Colorado on September 21 -24, 2016. Early bird pricing ends tomorrow, July 8th! The 3 best days of the year are just two months away. Don't miss out on Fun, Networking, 4 Amazing Keynote Speakers, Education, Food Truck Village, Expo, and so...

Spring Conference Well-Received

Technology trends, education sessions, gorgeous views, a Keynote Speaker and great people briefly sums up CAR’s 2016 Spring Conference at Cheyenne Mountain Resort! In case you missed it, in addition to business meetings, this year many new opportunities were added to increase value for the attendee’s experience.  Presented by FirstBank, the Conference kicked off Monday with a Real Estate Tech Summit...

HGTV Seeks Home Flipping Duos to Host New Show

Calling all real estate professionals, contractors, builders, designers and more! Are you or someone you know an experienced home flipping duo? Do you and your partner have a dynamic chemistry with outstanding personalities to match? HGTV is seeking home flipping duos who renovate and sell multiple homes per year (ten per year). We're casting all combinations of duos from husbands and...

Legalize It – Real Estate and Pot in Colorado

(This is the second part of a two-part series on Colorado’s unique marijuana laws and their impact on real estate, property rights and the business of REALTORS®. In the November issue, I covered the uncertain status of Colorado’s state marijuana laws in relation to federal drug law and the implications on property ownership. In Part Two below, I will address...

Hackers Targeting Real Estate Transactions

We've known for quote some time that scammers have been targeting real estate transactions, such as this warning from CTMeContracts in July of this year of several attempts to deceive real-estate agents and title company employees into wiring earnest money and/or closing funds into a fraudulent account. But now NAR is delivering warnings about the potential threat. According to panelists at the...

Denver Ranks 2nd in Highest Pay for Real Estate Agents

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...