Colorado Association of REALTORS | REALTOR News
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REALTOR News

A wildfire burns in a fir and aspen forest.

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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Pueblo West home sales nearing pre-recession levels

Pueblo West home sales nearing pre-recession levels   Home sales in Pueblo West in 2017 are on pace to reach its highest figure since 2006, according to residential real estate fig­ures provided by Pueblo Multiple Listing Service and the Pueblo Association of REALTORS®, signaling the continued bounce-back of the housing market.   The rise in Pueblo West real estate is a combination of several...

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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...

Governor Hickenlooper Gives Thumbs Up at Bill Signing

HB-1220 – Prevent Marijuana Diversion To Illegal Market

HB-1220 – Prevent Marijuana Diversion To Illegal Market   [caption id="attachment_23885" align="alignnone" width="225"] Governor Hickenlooper describing legislation that limits marijuana diversion to the illegal market prior to bill signing.[/caption]     HB-1220 places limits on the number of marijuana plants that can be possessed or grown on a residential property to 12. Large residential marijuana grows and the manufacturing operations they often bring with them...

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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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Colorado regulators stress importance of fire mitigation despite favorable forecast

Colorado regulators stress importance of fire mitigation despite favorable forecast     TheDenverChannel.com Team   4:30 AM, Jun 8, 2017 DENVER -- Colorado wildland firefighters are preparing for what is forecasted to be an average or possibly even below average wildfire season.   While this summer’s wildfire forecast may be encouraging, there is still plenty of fuel in the mountains, and Colorado agencies what homeowners to understand...