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REALTOR News

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Local housing market grows tighter

Local housing market grows tighter   By DENNIS DARROW | ddarrow@chieftain.com | Dennis Darrow | May 19, 2017 Updated May 20, 2017     [caption id="attachment_23707" align="alignleft" width="294"] GOODThe percent of people who plan on buying a home by age group.[/caption] The Pueblo area housing market remains hot -- and the supply of available homes continues to shrink.   Building on the gains of the past two years, home...

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Sixteen Colorado REALTORS® graduate from State Association’s Leadership Academy

FOR IMMEDIATE RELEASE May 16, 2017   Contact: Lisa Hansmeier 303-790-7099   Sixteen Colorado REALTORS® graduate from State Association’s Leadership Academy   ENGLEWOOD, Colo. – The Colorado Association of REALTORS® celebrated the graduation of 16 REALTORS® from its 2017 Leadership Academy program, an exclusive four-month training and development program designed to nurture future association leaders through in-depth industry and association knowledge.   Working with CAR staff and professional mentors over...

Starting from the left: Green Triangle to look like mountain with CO in the middle. Upside down triangle with outlines of people inside with DORA at the top. Text "COLORADO Department of Regulatory Agencies Division of Insurance" next to it

Tips to stay money smart after storm damage

NEWS RELEASE   For Immediate Release: May 8, 2017       Tips to stay money smart after storm damage   Division of Insurance reminds consumers to be wary of unscrupulous contractors.   DENVER - Springtime in Colorado and severe weather -- hail storms, heavy snowstorms, tornadoes and floods -- often go hand in hand. The Colorado Division of Insurance (DOI), part of the Department of Regulatory Agencies (DORA), encourages...

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Construction Litigation Reform

Sine Die!   Wednesday, May 10th, the final gavel came down on the first session of the 71st General Assembly.  By many accounts 2017 was an incredibly intense, active and even sometimes challenging session. In total, 793 bills were introduced.  CAR tracked 87 bills this year and the Legislative Policy Committee (LPC) took a position on 44 of them.   Here were the top...

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HB 1279 Construction Defect Actions Notice Vote Approval Headed to the Governor’s Desk

HB 1279 Construction Defect Actions Notice Vote Approval Headed to the Governor’s Desk   After more than four years of negotiations on construction litigation reform, HB-1279 sponsored by Representatives Garnett (D-Denver), and Saine (R-Firestone) and Senators Tate (R-Centennial) and Guzman (D-Denver), has passed through both the House and Senate unanimously and is now on its way to the Governor. We expect the Governor...

Median sales price of Colorado homes up 10 percent over last year while available listings dip 37 percent statewide

Key findings from the April 2017 research report include:   Following a dramatic increase in new listings in March 2017, April saw a small decline in the number of new listings for single-family and townhome/condos across the state. Median sales price for a single-family home in the Denver metro area hit another record high, $404,900. Statewide, the median sales price for...

2017 Leadership Academy Graduates

The Colorado Association of REALTORS® is celebrating 16 future leaders who graduated from their 2017 Leadership Academy program. The Leadership Academy is an exclusive four-month training and development program designed to nurture future association leaders. It is focused on developing participants’ industry and association knowledge.   Being apart of the Leadership Academy, the participants gained the skills to transform connections into involvement...

Forecast predicts drop in Denver-area home prices in 2019

Forecast predicts drop in Denver-area home prices in 2019 Research firm projects declines of more than 30%   Article and video content are from The Denver Channel and can be found by clicking here.   DENVER -- A real estate data company projects Denver's hot housing market will start to cool off in late 2019, with home prices in some areas dropping more than 30 percent.   Location, Inc., a...

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HB 1279 Construction Defect Actions Notice Vote Approval

HB 1279 Construction Defect Actions Notice Vote Approval   HB-1279.  This bill, sponsored by Representatives Garnett (D-Denver), and Saine (R-Firestone) and Senators Tate (R-Centennial) and Guzman (D-Denver), passed the House unanimously on Monday April 24th and will now be heard Monday, May 1st in the Senate Business, Labor and Technology Committee.   Nothing in HB 1279 stands in the way of individual owners who...