Colorado Association of REALTORS | General
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General

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The Beginnings and Mission of the Disaster Relief Program

The Beginnings and Mission of the Disaster Relief Program       Colorado is a wonderful state to live in. Between experiencing all four seasons, to the mountains and the forests, we are surrounded by beauty here. But no matter how great our state is, natural disasters don’t play favorites in deciding where they occur. Fortunately, REALTORS® have a program that is ready to...

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Becoming a First-Time Buyer in America’s Least Affordable City

Becoming a First-Time Buyer in America’s Least Affordable City June 15, 2017     For millennials in America’s fastest growing cities, becoming a first-time homebuyer is more challenging because average wages can’t keep up with the rising cost of a median priced home. And, Denver takes the number one spot as the least affordable hot spot for millennial buyers, according to a new joint...

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TRID – Was it Effective and Can it be Blamed for Closing Cost Delays?

TRID – Was it Effective and Can it be Blamed for Closing Cost Delays?   TRID (TILA-RESPA Integrated Disclosure) has recently been added to the long list of REALTOR® acronyms. October 2015 was the launch of this new rule that has created new methodology, structuring, and organization across the board for REALTORS®, buyers, title companies, and lenders. Each field has been impacted...

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Your Friendly Neighborhood Regulator

Your Friendly Neighborhood Regulator   [caption id="attachment_22650" align="alignnone" width="245"] Scott Petersen, General Counsel, Colorado Association of REALTORS®[/caption]   In addition to fantastic looks and winning personalities, REALTORS® can always be counted on for a rapid fire string of acronyms. NAR, CAR, GRI, CCIM, CMA, FSBO, CRS, e-PRO, RELO, ABR, CNS, CPM, CBR, REO, LTV… Ok, I’ll stop.  At this point, most of you are...

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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...

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Wire Fraud is Costing REALTORS® Way More Than a Paycheck

Wire Fraud is Costing REALTORS® Way More Than a Paycheck: Seven Ways to Prevent it from Happening to You and Your Clients   Ashley Cook Assistant VP of the Fraud Prevention Department for FirstBank   The next time you’re standing in a room with realtors, do us a favor: ask them if they or anyone they know has ever been impacted by wire fraud. Your jaw...

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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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Is Fort Collins In A Housing Bubble?

Is Fort Collins in a Housing Bubble?   [caption id="attachment_23846" align="alignnone" width="300"] JIM HILL / KUNC[/caption]   There are several factors that have to be in play for a housing bubble to exist. The inventory needs to outweigh the demand — too many houses on the market — which will lead to dramatic price drops.   “In our case, the cities and counties are holding [builders]...

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“CU” at the Conference – June

Welcome to the fourth issue of the 2017 Conference Update (“CU” at the Conference). We’re sending you this monthly email to keep you in the loop about 2017 REALTORS® Conference & Expo promotions and to help you market the event to your membership base and colleagues. If you do not wish to receive this email, or know someone who should...

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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...