Colorado Association of REALTORS | REALTORS
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REALTORS Tag

Inventory remains top of mind in sizzling housing market

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...

Call for Action Coming Soon!

Ask your Representatives to pass H.R. 2874, “The 21st Century Flood Reform Act.” NAR is launching a Call for Action (CFA) on Tuesday, August 22nd!  This CFA will be sent to all REALTOR® members and will be asking the U.S. House of Representatives to pass H.R. 2874, “The 21st Century Flood Reform Act.” Click here for more information regarding the National Flood...

Seasonal slowdown or changing market?

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...

CAR’s Top 5 Legislative Successes at the Capitol in 2017

TOP 5 LEGISLATIVE SUCCESSES AT THE CAPITOL 1) Construction Litigation Reform CAR, along with the Homeownership Opportunity Alliance, championed compromise legislation that is the first step in the right direction to building more attainable housing for all Coloradans while also protecting homeowners and giving them a voice in whether or not to pursue litigation. After more than four years of negotiations on...

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Homes statewide in short supply heading into peak selling season

Across Colorado, there were 20,100 active residential listings available on the market at the end of May, according to a report Monday from the Colorado Association of REALTORS. That represents a 32 percent drop in the active inventory of homes for sale versus a year ago, with about 10,500 fewer single-family homes and 2,100 fewer condos available for sale.   Sellers showed...

Half of a clock zoomed in on the face

2017 – 2018 CAR Election Results

Justin Knoll will be the Chair-elect for the 2017-2018 leadership year after a close election with fellow candidate Darrell Wass.   To ensure the voting results were accurate, calculated in a fair manner, and followed BOD approved CAR Bylaws, two member volunteers (Okie Arnot and David Barber); Mark Trenka, CAR Chairman; Tyrone Adams, CAR CEO; Jonathan Griggs, Director of Technology; and Janna Burton,...

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Top 5 Legislative Successes at the Capitol

Top 5 Legislative Successes at the Capitol Straight from CAR Government Affairs   1)   Construction Litigation Reform   CAR, along with the Homeownership Opportunity Alliance championed compromise legislation that is the first step in the right direction to building more attainable housing for all Coloradans while also protecting homeowners and giving them a voice in whether or not to pursue litigation.  After more than...

Beautiful blue home in neighborhood in the spring

Median sales price of Colorado homes up 10 percent over last year while available listings dip 37 percent statewide

Key findings from the April 2017 research report include:   Following a dramatic increase in new listings in March 2017, April saw a small decline in the number of new listings for single-family and townhome/condos across the state. Median sales price for a single-family home in the Denver metro area hit another record high, $404,900. Statewide, the median sales price for...

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Capitol Connection – March 10, 2017

Senate Bill 17-156: Homeowner’s Association Construction Defect Lawsuit Approval Timeline. This week the Homeownership Opportunity Alliance initiated SB17-156, Homeowner’s Association Construction Defect Lawsuit Approval Timelines sponsored by Senator Owen Hill (R-Colorado Springs) and Representative Cole Wist (R-Centennial), and Representative Lori Saine (R-Firestone) received bipartisan approval as it passed the Senate.  The bill will next go to the House for their consideration. Thank you to all...

Commission and Division of Real Estate Sunset Update

On Wednesday January 25th, CAR General Counsel, Scott Peterson testified at the pre-hearing on the Division of Real Estate Sunset before the Senate Business, Labor and Technology Committee. This pre-hearing was an opportunity for the committee to hear from the Department of Regulatory Agencies’ Policy Analyst and stakeholders on the DORA Sunset Report. Peterson shared CAR’s comments on the report,...