Colorado Association of REALTORS | Consumer Awareness

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Consumer Awareness

The concept of real estate market growth. The increase in housing prices. Rising prices for utilities. Increased interest in mortgage and rising interest rates on mortgages. Rent increase.

Opponents Blast Proposed Lakewood Growth Cap, Say It Would Scare Away Investment and Increase Home Prices

Posted on June 17, 2019

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

The commercial real estate and development community has its eyes on Colorado’s fifth-largest city where voters this week can start casting their ballots on an initiative that would limit residential growth — a move that leaders in those industries say would have a negative, lasting impact on the housing market in that Denver suburb. ### Voters in Lakewood receive ballots this week...

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Lakewood Growth Initiative Will Be Costly to Taxpayers, Says Business Group’s Study

Posted on June 17, 2019

Consumer Awareness, General, Government Affairs, REALTOR News

A new study supported by a metro Denver business partnership says Lakewood's July 2 ballot question to limit growth to 1% a year will lead to higher property taxes to pay for city services. “The research speaks for itself,” said Elizabeth Peetz, Vice President of Government Affairs for the Colorado Association of REALTORS®, in a statement Monday. Ballot Question 200, a citizen-initiated...

Couple sitting on the floor of the kitchen and buying online with a tablet and moving home

iBuying in Denver’s Housing Market is in Full Force as Sellers Opt for Convenience Over Profit

Posted on June 17, 2019

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

The size of the iBuying market in Denver will depend on the desire for that convenience, industry leaders say. Matthew Leprino, with the Colorado Association of REALTORS®, says he’s heard chatter that iBuying could reach as high as 25% of the market in the coming years. ### “But there are also people who think this is just a flash in the pan...

Dawn over Red Rocks and grass fields in Boulder CO

Housing Prices Aren’t Moving Up in Boulder County

Posted on June 17, 2019

Consumer Awareness, REALTOR News, REALTORS in the News, Stats & Trends

Housing prices in Boulder County are plateauing despite a low inventory, according to the latest data for May from the Colorado Association of Realtors. Prices aren’t inching up, and mostly are at the levels they were at in May 2018. “We are not seeing gains or losses. We are seeing a stagnation,” said Kelly Moye, a Broomfield-based RE/MAX Alliance REALTOR® and former president...

Demand Devours Inventory Despite Record Number of New Listings

Posted on June 12, 2019

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

FOR IMMEDIATE RELEASE Contact: Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com Demand devours inventory despite record number of new listings Record number of new listings across state can’t correct housing inventory and affordability challenges as prices continue climb http://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/ ENGLEWOOD, CO. – June 12, 2019 – Despite a record number of new single-family (12,962) and condo/townhome (3,768) listings hitting the Colorado housing market in a record cold May,...

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Affordable Housing in San Miguel County Gets State Boost

Posted on June 11, 2019

Construction, Consumer Awareness, General, Government Affairs, REALTOR News, Residential Housing

A lack of affordable housing doesn’t just bedevil Telluride, it challenges communities across the state, so much so that last October a bipartisan group of state senators and representatives sat down with diverse stakeholders ranging from the Colorado Association of REALTORS® to Habitat for Humanity to Ski Country USA, plus local government representatives, to examine the issue. Town of Telluride Program...

REfresh Registration is Open!

Posted on June 11, 2019

Consumer Awareness, General, Professional Development, REALTOR News

Registration is now open for the 2019 REfresh Conference on September 5, 2019 at the Colorado Convention Center in Denver. ### REfresh is not your "normal" conference: it is fast-paced and filled with quality speakers in a short time frame. ### "REfresh is an opportunity to get quality professional development to help you become more successful in the real estate industry," says Colorado Association...

Flood Insurance Extension Update: June 7, 2019

Posted on June 11, 2019

Consumer Awareness, Government Affairs, REALTOR News

On June 6, 2019, the National Flood Insurance Program was extended to September 30, 2019. The extension was attached to a broader disaster aid package, HR 2157 In addition, House Financial Services Chairwoman Maxine Waters (D-CA) and Ranking Member Patrick McHenry (R-NC) unveiled long-term reauthorization and reform legislation, and scheduled a mark up for Tuesday, June 11, 2019. In the links listed...

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REMI Partnership Study Explores Impact of Growth Cap on the Lakewood Ballot

Posted on June 11, 2019

Consumer Awareness, General, Government Affairs, REALTOR News

Higher property taxes, more stress on transportation infrastructure will result from imposed growth caps according to new study On June 10, 2019, the REMI Partnership released “Building Gated Cities – Policy Brief Understanding the Impacts of 1% Growth in Lakewood.” Next month, Lakewood voters will face Initiative 200, a proposal that seeks to impose a 1% cap on the growth of the city’s housing....

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How to Overcome the Biggest Obstacle to Home Ownership

Posted on June 11, 2019

Consumer Awareness, REALTOR News, Residential Housing

Raising enough cash for a down payment is often the biggest hurdle for homebuyers. According to some estimates, it can take up to 15 years for people to save towards the purchase of a home, especially with conventional mortgages, which require anywhere between 5 to 20 percent down. If you’re trying to buy a $400,000 house, that could equate to $80,000 in cash you...