Colorado Association of REALTORS | July
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July 2014

News: Zillow to Pay $3.5B in Trulia Acquisition

Zillow, Inc. announced today that it has entered into a definitive agreement to acquire Trulia, Inc. for $3.5 billion in a stock-for-stock transaction, which is expected to close in 2015. The combined company will keep both the Zillow and Trulia consumer brands and will see Trulia CEO Pete Flint maintaining his position, though he will report to Zillow CEO Spencer...

Call for Action: Protect Commercial Real Estate

As a Commercial Real Estate Practitioner you understand how the market can be adversely affected by uncertainty.  That is why NAR is asking for your help to extend the Terrorism Risk Insurance Program created following the September 11, 2001 terrorist attacks. When private insurers withdrew from the terrorism insurance market, construction projects ground to a halt and commercial property values...

Get Your Client’s Mortgage Closed On Time

How Finding the Right Lender Can Get Your Client’s Mortgage Closed On Time By Todd Crowley   Picture this: You’ve been working with your clients for months—putting in additional hours, working late nights and weekends—trying to find them the perfect house. The home is found, the purchase contract is signed, you have worked through the transaction details, and you are ready to close. ...

REALTORS® Talk FHA at the White House

NAR President Steve Brown was at the White House recently to celebrate the 80th anniversary of the Federal Housing Administration. Just as REALTORS® were key to the creation of FHA in 1934, REALTORS® are key players in keeping the agency strong today. During the visit, REALTORS® celebrated FHA's successes, shared what they see as the greatest challenges and opportunities FHA faces today,...

2014 Parade of Homes- REALTOR Bus Tour

Builder Realty Council of Metropolitan Denver and the Home Builder Association of Denver invite Colorado REALTORS to join them for an EXCLUSIVE, REALTORS® ONLY, VIP TOUR of this year's Parade of Homes entries. Area Builders have submitted a wide variety of styles and designs and decorating options including new single family, townhomes, custom built and luxury homes. The tour is free, however you must register to participate on the bus tour.  ...

Great RPAC Giveaway Winners Announced

Congratulations to our Great RPAC Giveaway Winners! $1200 to the Broadmoor for a Spa or Golf Getaway- Deborah Ludvik $150 Visa GiftCard- Janene Johnson $150 Visa GiftCard- Marion Steed $200 Visa GiftCard- Christopher Schack $250 Visa GiftCard- Wynne Palermo $30 Starbucks GiftCard- Hank Poburka $100 Nordstrom GiftCard- Michael Brossmer $100 Nordstrom GiftCard- Christopher Doyle CTME Contracts 1-year Subscription- Joan Cox 2-night Stay at Westin Snowmass- Cindy Blach $100 Shell GiftCard- Marjorie...

Fannie: The Housing Market Resets Into Catch-Up Mode

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...

Husband of Long-time Former Executive of Metrolist Passes Away

Vern Bybee, who was the husband of the late long-time Metrolist Executive Patricia Bybee, passed away unexpectedly on June 29, 2014.  Sympathy cards and flowers can be sent to Vern Bybee Jr. at 5353 South Cody Street Littleton, CO  80123. Funeral arrangements have not been made at the time of this notification.      ...