Colorado Association of REALTORS | Consumer Awareness
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Consumer Awareness

The house in human hands

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

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

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

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

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...

Unsung Hero Housing Legislation 2019

By CAR's Government Affairs Vice President Elizabeth Peetz Happy Summer! The USA Women’s team won the World Cup in France and we are post all-star break, with half the season left to go in baseball. And before you know it, we will be talking about the preparation for the 2020 legislative session. But first let’s take stock of where we are...

iBuyers Shake Up Denver-Area Market

Providing REALTORS® with Opportunities to Stand Out Technology has always been the great disrupter, forcing established industries to adapt and change with the times. Backed by venture capitalist investment from Silicon Valley and overseas, Instant Buyers, or iBuyers as they’re known, have developed algorithms they say can accurately assess the value of homes. And while their arrival in Denver has alarmed some in real estate, some...

Be Afraid! Your Misuse of the Transaction Brokerage Relationship

By CAR's General Counsel Scott Peterson Over the previous year, the Division of Real Estate has undertaken an exhaustive, line-by-line review of all existing Commission Rules and Regulations (“Commission Rules”) for Colorado licensees.  The Commission Rules (Rules A-K) comprise Chapter 2 of the Real Estate Commission Manual (which each of you, I am certain, have sitting immediately available on your desk). ...

REALTOR® a Victim of Attempted Robbery in Commerce City

Aug. 8, 2019 Update "If I didn't have my firearm, I wouldn't be here to talk to you." That's how REALTOR® Dawna Hetzler sums up how she survived an attacked during an open house on Sunday, Aug. 4. Hetzler spoke with 9 News on Wednesday in hopes that it would help lead to the capture of her assailant. Nothing seemed amiss when...

Enhance Your Home with These Basic Design Principles

Whether you enjoy a clean minimalist look or adore the more-is-more maximalist aesthetic, the same underlying design principles determine whether or not a room’s design ultimately works. Whatever your preferred design style, harnessing the power of these basic design principles will help you create a space that looks good. Balance Balance deals with the idea that objects have a visual weight, and that the visual weight...

Denver Makes the List of Most Popular Areas for Millennials to Move and Stay

NAR analyzed employment gains, population trends, income levels and housing conditions in the largest 100 metropolitan statistical areas across the country to identify the most popular areas for millennials. The top 10 metro areas were selected because of their high share of both present millennial residents and recent movers, as well as their favorable employment opportunities. Denver has already a large number...