Colorado Association of REALTORS | General
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General

Record low inventory and consistent sales outweigh bump in new listings across Colorado’s housing market

FOR IMMEDIATE RELEASE   Record low inventory and consistent sales outweigh bump in new listings across Colorado’s housing market   http://www.coloradorealtors.com/market-trends/   Key findings from the February 2017 research report include: 30 percent increase in new statewide listings offset by strong sales and record low inventory Statewide inventory down nearly 40 percent from one year ago Active listings down 8 percent across the state from January to...

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...

New ClosingCorp Survey Finds More Than 50 Percent of Homebuyers Are Still Surprised by Closing Costs

This article is written by ClosingCorp. To access this article on their website, please click here.   New ClosingCorp Survey Finds More Than 50 Percent of Homebuyers Are Still Surprised by Closing Costs   February 15, 2017 09:00 AM Eastern Standard Time SAN DIEGO--(BUSINESS WIRE)--ClosingCorp, a leading provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, today released...

Three More Down Payment Assistance Myths Debunked

Three More Down Payment Assistance Myths Debunked   Can you qualify to buy a home now? Many renters actually have the income and credit qualifications to buy a home, and simply need to overcome the down payment hurdle. Too often, long held myths about homebuyer programs can hold you back.   We debunk three more surprisingly common myths about down payment assistance. Don’t miss our first...

Colorado REALTOR® Kyle Malnati Named DBJ 40 Under 40 Winner

KYLE MALNATI NAMED AS DENVER BUSINESS JOURNAL 40 UNDER 40 WINNER   [caption id="attachment_23035" align="alignleft" width="285"] Kyle Malnati is a Colorado REALTOR® as well as a spokesperson for CAR.[/caption] Denver, CO -- February 22, 2017 – Calibrate Real Estate announces that Kyle Malnati has been selected to the Denver Business Journal’s 40 Under 40 Class of 2017.   Malnati is broker/owner of Calibrate Real...

Sorry, millennial singles — less of you are buying Denver homes

This article is from the Denverite and is written by Megan Arellano and was published on February 12, 2017 3:33 pm Categories: Business, Real estate   Sorry, millennial singles — less of you are buying Denver homes   Look, I’ll be the first to admit it. Life really isn’t fair to the single person — more than 1,000 laws provide overt legal or financial benefits...

Denver area still lags in new home construction

This article was published through the Denver Post by Aldo Svaldi  on February 12, 2017 at 2:30 am and updated on February 12, 2017 at 2:35 am.   Denver area still lags in new home construction The metro area market needs 16,000 to 18,000 new homes a year to keep pace with population growth   Metro Denver’s housing woes boil down to one easy to state...

Despite Bump in New Listings, Record Low Inventory Continues to Dominate Colorado’s Housing Market Conditions

Key findings from the January research report include:   Record-low inventory still dominates Colorado market 42 percent increase in January 2017 new listings over December 2016 Sold listings down 28 percent in January due to record-low inventory Active listings remain at historic lows Denver Metro area has just over one-month inventory supply – less than one month for condos and townhomes     ENGLEWOOD,...

Another REALTOR® Day at the Capitol is in the Books!

Thank you so much to everyone who attended REALTOR® Day at the Capitol!  We had over 200 attendees from across the state, and had a very successful day speaking with our legislators.  We would like to thank Henry Sobanet, Director of the Office of State Planning and Budget for Governor John Hickenlooper for providing the audience an interesting and insightful...

Update: Commission and Division of Real Estate Sunset

Last week, CAR General Counsel, Scott Peterson testified at the first 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, explaining...