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REALTOR News

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Home sales slowed across most of Colorado in 2018

Despite drop in sales, median prices continued to climb   Metro Denver’s housing market saw sales slide and prices continue to rise last year, and that pattern dominated across much of the state, according to a monthly update from the Colorado Association of REALTORS.   Colorado Springs and El Paso County, the next biggest housing market after metro Denver, suffered a 5.5-percent drop in single-family...

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Colorado real estate markets to vary locally in 2019

Despite market trend predictions from experts and economists of a possible downward shift in real estate in 2019, the Colorado Association of REALTORS® doesn’t expect that to be the case for all of Colorado.   While there was an increase in listings statewide in the second half of 2018, new listings went down in December with 3,868, down 36.5 percent from the...

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The Economic Impact of a Typical Home Sale in Colorado

The National Association of REALTORS® released state-by-state reports outlining the total economic impact of real estate related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance.   The real estate industry accounted for $70,517 million or 20.4% of the gross state product...

What a Government Shutdown Means for REALTORS®

(As of January 10, 2019)   As of midnight on December 21, 2018, the President and Congress were unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government. As a result, a partial shutdown of some government operations has occurred. This partial shutdown includes some federal housing, mortgage, and other programs of interest to the real...

2018 a Year of Contrasts Across Colorado Markets

A strong spring in many markets across Colorado could contradict some reports of a slowing market in 2019   ENGLEWOOD, CO. – January 11, 2019 – 2018 was a year of tremendous contrasts across most Colorado markets, giving both sellers and buyers opportunities to take advantage of ever-changing market conditions, according to the latest monthly market trends data from the Colorado Association...

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Real Estate Development in Colorado

Have you seen the Consumer Resources page on the CAR website?   In this section you will find information about finances, foreclosures, home maintenance, legal, and answers to common questions about real estate in Colorado. Click here for information on buying a home and here for selling.   Search for new residential and commercial development throughout Colorado in the “Real Estate Development” section. You have the ability to...

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CAR Applications for the 2020 Officers and Directors Are Currently Being Accepted

The Colorado Association of REALTORS® is now accepting applications for its Officers and NAR Directors positions. CAR is looking for future leaders who are willing to “rise to the challenge” of leading the Association into the future!   One of the predominant reasons the Colorado Association of REALTORS® stays at the forefront of organized real estate in Colorado is because of its volunteer leaders....

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More Phishing Scams Reported: Here’s What You Can Do

More and more phishing scams are targeting real estate professionals and their clients, attempting to dupe you out of money. There are several steps to take to make sure that you and your clients aren’t the next victims.   The FBI offers some of the following suggestions through its public service announcement warning businesses:   Verify all requests of a change in payment type...