Colorado Association of REALTORS | Consumer Awareness

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Consumer Awareness

Duplexes Are Becoming More Popular with Denver-Area Buyers

Posted on August 21, 2019

Communities, Consumer Awareness, REALTOR News, Residential Housing

As Denver continues to see unprecedented growth, developers have struggled to meet increased demands for housing. One way to meet those demands has been to demolish single family homes and replace them with duplexes. Colorado REALTOR® Matthew Leprino told Denver Channel 7 that he's encountering many buyers who are attracted to duplexes, which are selling almost as fast as single-family homes. ...

REALTORS® a Voice for Property Owners as Colorado Advances Broadband

Posted on August 20, 2019

Consumer Awareness, General, Government Affairs, REALTOR News

Elizabeth Peetz, Vice President of Government Affairs from the Colorado Association of REALTORS®, stops in to interview with Christopher for a Community Broadband Bits Podcast. In this discussion, Peetz discusses the effect broadband has had on the Colorado real estate market and how CAR becomes involved in related legislation. She talks about recent changes in state law and the Association's opinions...

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Who Are The People Who Can Actually Afford Denver-Boulder’s High Rents And Mortgages?

Posted on August 20, 2019

Consumer Awareness, General, REALTOR News, REALTORS in the News, Residential Housing

Colorado’s homeownership has fallen from 71.2 percent in 2005 to 65.1 percent in 2019, according to the U.S. Census Bureau. Homebuilders lag way behind in constructing new places to live. In 2018, companies received permits to construct 29,114 single family detached homes, 38 percent lower than the 40,140 permits in 2005. But back then, there was 1 million fewer people...

Boulder County Housing Market Remained Sluggish in July

Posted on August 13, 2019

Communities, Consumer Awareness, General, Market Trends, REALTOR News, REALTORS in the News, Uncategorized

The Boulder County housing market is slowing down, according to the latest data for the month of July from the Colorado Association of REALTORS®. New listings keep popping up, but sales are hovering at the same numbers as last year and prices haven’t moved much, said Kelly Moye, a Broomfield-based RE/MAX Alliance REALTOR® and former president of the Boulder Area...

Colorado Association of REALTORS® Says Median Price for a Single-Family Home in Denver was $510,000 in July

Posted on August 13, 2019

Consumer Awareness, General, Market Trends, Market Trends & Statistics, REALTOR News, REALTORS in the News, Stats & Trends

The median price for a single-family home in Denver was $510,000 in July, up about 6 percent over last year. But in a sign of a shift — however slight — toward a buyers’ market, sellers were getting 99.3 percent of what they were asking, compared to 100.3 percent last year, according to the latest monthly data report released Monday by...

Man Arrested in Alleged Attack at Open House in Colorado

Posted on August 12, 2019

Consumer Awareness, General, REALTOR News, REALTORS in the News

After a five-day manhunt, police in Commerce City, Colo., arrested a man who allegedly attacked a real estate agent at an open house and fled after the agent fired a bullet at him with her handgun. Ernest Robert Chrisman, 43, was arrested Thursday and charged with first-degree burglary, aggravated robbery, and second-degree assault. The agent, Dawna Hetzler, CRS, of New Dawn...

Hot or Not? Depends on Local Market Down to the Neighborhood

Posted on August 12, 2019

Communities, Consumer Awareness, General, Market Trends, Market Trends & Statistics, REALTOR News, Residential Housing, Stats & Trends

July housing sales strongest in years for select local markets while falling interest rates can’t overcome long-term inventory issues Contact: Marty Schechter for CAR marty@schechterpr.com https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO. – Aug 12, 2019 – With falling interest rates and less expensive mortgages, sales of single-family homes were strong in select local markets, including a record-setting month in Colorado Springs, but fell off overall from June to July in...

Lessons Learned From Two Forks Applied to Expansion of Gross Reservoir

Posted on August 7, 2019

Consumer Awareness, Environment, General, REALTOR News

By Jeff Martin, PE, Project Manager, Denver Water Engineering Division COLLABORATIVE APPROACH WILL BENEFIT WATERSHEDS ON WESTERN AND EASTERN SLOPES Denver Water’s Gross Reservoir Expansion Project will raise the dam 131 feet; nearly tripling the capacity of a reservoir that plays a vital role in its ability to reliably provide water to 1.4 million people in Denver and many of its suburbs. Provided the remaining federal approvals...

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Five Millennial Home Buying Trends to Watch For 2019 – Plus One Bonus Tip

Posted on August 7, 2019

Consumer Awareness, General, REALTOR News

By: Simon Kafati Assistant VP – Mortgage & Consumer Lending, FirstBank It’s official! In November 2018, millennials claimed the lead in mortgage ownership, taking the largest share of new loans by dollar volume at 42 percent. That’s compared to a share of 40 percent for Generation X, and only 17 percent for baby boomers. Now numbering at roughly 83 million in the U.S., millennials have...

Interview with 2011 Good Neighbor Award Winner Judy Pitt

Posted on August 7, 2019

Communities, Consumer Awareness, General, REALTOR News, Uncategorized

Boulderite Judy Pitt has been a Colorado REALTOR® for 40 years Amidst the demands that come with being a REALTOR® over the last 16 years, she has found the time and developed a passion for bringing rainwater harvesting systems and teaching hygiene and sanitary practices to the residents of Kenya. Pitt was a recipient of the NAR Good Neighbor Award Winner in 2011...