Colorado Association of REALTORS | May
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May 2013

Using Technology to Increase Sales

Sales will continue to improve in and around Denver, the metro area and state of Colorado in 2013.  Sales increased 17.5% last year. Inventories are decreasing, prices are rising and generation Xers and Yers are vying for more available options along with first time buyers.  REALTORS® will have to be more "proactive" in defining a plan of action to increase sales, says   Director of Marketing for...

Is the IRS Targeting Real Estate Professionals for Audits?

According to Philip Panitz a nationally known tax litigator with Panitz & Kossoff the IRS is casting a very wide net against what they perceive as abuse in the area real estate. The IRS is claiming that too many passive investors are using losses from real estate investments to offset their other income. Tyrone Adams, VP Member Services took some time...

Colorado Housing Market Reports for Q1 Available

Sales of single-family, condominium and town homes (taken together) increased 16 percent statewide to 18,343 units during the first quarter 2013 compared to first quarter 2012, according to Quarterly Market Statistical reports provided by the Colorado Association of REALTORS® (CAR).  Learn more about Colorado’s real estate market statewide, regionally and in your respective area at www.ColoradoREALTORS.com/HousingStatistics.   For local area reports...

Nominate a Good Neighbor by May 20th

The Good Neighbor Awards recognize REALTORS® who dedicate themselves to volunteer service and community improvement.  Nominations are due Monday, May 20.  Each winner will be recognized at the 2013 REALTORS® Conference & Expo in San Francisco this November and will receive a $10,000 grant for his or her charity. Enter and give your charity the boost it needs! Read More by...

CAR Supports Real Property Title Documents Bill

HB12-1307 attempts to address issues created by the Colorado Supreme Court decision in Sender v. Cygan.  In Sender, the Court held that the absence of a legal description rendered a deed defective, or invalid, upon its recording.  This legislation clarifies that a failure to include a legal description on a document does not, in and of itself, necessarily render that...

Property Valuations Could Surprise Homeowners

County assessors will send hundreds of thousands of property-valuation notices out in coming days, and the flat or declining values that many will show could surprise some homeowners. Property valuations are made per state law every two years, and the latest assessments will be used in the formula that determines property taxes due in 2014 and 2015. Read the Denver Post...

Colorado Home Sales/Prices Upward Trend

Sales of single-family, condominium and town homes (taken together) increased 16 percent statewide to 18,343 units during the first quarter 2013 compared to first quarter 2012, according to Quarterly Market Statistical Reports released by the Colorado Association of REALTORS® (CAR).   Download the PDF Here. New listings dropped slightly more than 7 percent statewide, primarily due to drops in the Denver Metro...

Housing is for All People

The 1968 Fair Housing Act prohibited housing discrimination on the basis of race, color, national origin, religion, sex, familial status, or handicap. Every April, REALTORS® celebrate Fair Housing Month to reaffirm their continuing commitment to fair and equitable treatment and a professional level of service for all in their search for real property. Read more from Housing and Urban Development...