Colorado Association of REALTORS | REALTORS® in the News
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REALTORS® in the News

Buyers and sellers settling into the new normal

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Whether in the seven-county Denver metro area or in housing markets statewide, continued higher mortgage interest rates have kept many buyers on the sidelines, as sellers face a growing pressure to adjust pricing and make concessions to get deals completed, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR) and analysis...

A Letter From Your CAR Leadership Team

CAR Membership, In the face of recent allegations involving the National Association of REALTORS® and the resignation of the 2023 NAR President, we acknowledge and understand that as an industry, we’re at the precipice of challenging times. As Colorado REALTORS® who proudly wear the REALTOR® R and work tirelessly for your communities, your clients, and your industry, you have concerns and...

Housing markets mellow with weakening prices and softening demand

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – Temperatures ran hotter in July, but the housing market did not follow suit thanks to the continuation of elevated interest rates and a lighter inventory of active listings as more and more would-be sellers choose to sit on their low interest rate mortgages rather than move, according to the latest Market Trends Housing Report and analysis from...

REALTORS® See Increase in Seller Impersonation Scams

See Seller Impersonation Fraud Red Flags and Best Practices Federal law enforcement has seen an increase in real estate fraud involving vacant property, according to a joint advisory issued by the U.S. Secret Service and CertifID. CertifID Chairman Thomas Cronkright explained the scheme: a scammer looks up ownership records of a vacant property online, and pose as that property’s owner to hire a...

Fast-paced spring housing market never arrived; Smaller pool of buyers starting to have a little more ‘fun’

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – The typical fast-paced spring housing market just never materialized as higher interest rates and a less than eager group of potential sellers kept transactions limited and prices steady, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Despite the ongoing challenges, a smaller pool of buyers began to have ‘a...

Concert tickets or homes – the search is demanding, inventory limited, and prices are ticking up

For buyers and sellers, the trick is being ‘just right’ https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – If you thought finding tickets to Taylor Swift’s upcoming Denver concerts was a challenge, the search for homes in Colorado hasn’t gotten much easier either, according to the latest Market Trends Housing Report and analysis from the Colorado Association of REALTORS® (CAR). Despite a double-digit percentage bump in new...

Nominate a D&I Champion for CAR’s Diversity & Inclusion Awards

CAR’s Diversity and Inclusion Committee is honored to celebrate the groups and individuals who strive to make our industry more diverse and inclusive. Applications are open June 3 through August 4th, so nominate someone you know who is working to make a difference. The winners will be announced at the Inaugural Dinner at the 2023 Fall Forum. Awards are separated into...

Property Tax Assessments Leave Homeowners Shocked

Many Coloradans feel pain from a sharp rise in property tax assessments. Homeowners are freaking out!” said CAR Spokesperson Kelly Moye. “Our phones have been ringing off the hook.” The assessed value is taking the market value from January 2021 through June 2022. “They think that what the assessment says is not what it is worth today, and that is accurate,” said Moye....

Spring has sprung, minus the houses

Interest rates and market uncertainty push start of selling season back more than a month https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO – In what would typically be a rush of new listings hitting the market in April for the start of the home buying and selling season, consumers on both sides of the transaction seem content to watch and wait, reluctant to make a move...

Are We Ready to Get Back on Track in 2023?

In the Pikes Peak region, home sales fell in March on a year-over-year basis, continuing a downward trend that began in the second half of last year. And yet, sales and prices in March were up from February and at their highest levels in five months. Also, the pace of home construction —measured by permit activity — jumped in March...