Colorado Association of REALTORS | General
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General

As Illinois Legalizes Marijuana, CAR’s Scott Peterson and Liz Peetz Discuss Its Impact on Colorado Real Estate

On Jan. 1, 2020, Illinois will join a growing list of U.S. states where it is now legal to sell and consume marijuana. As the state moves towards implementation, REALTORS® in Illinois have been asking how legalization will affect the real estate industry in Illinois. CAR's General Counsel Scott Peterson and VP of Government Affairs Liz Peetz recently spoke with...

New Study Assesses Economic Impact of State Health Care Option

A new study just released by the REMI Partnership (Regional Economic Models, Inc.), of which the Colorado Association of REALTORS® is a member, has found that if Colorado were to offer residents a public health care option, it could negatively impact the state’s economy. HB 19-1004 passed during the last legislative session of the Colorado General Assembly and directed the...

Study Shows Short-Term Rentals Have Little Effect on Cost of Homes

9News recently reported on a study conducted by Denver's Economic Development department showing that short-term rentals, such as AirBNB, have little impact on the cost of homes. Short-term rentals make up about 1% (306,714 units) in Denver. According to the report, “Short term rentals in Denver do not appear to have an impact on housing costs at the citywide level....

August Market Trends: Signs of a Shifting Market? Homes in Colorado Are More Affordable But Taking Longer to Sell

Regional and Statewide Statistics Contact:  Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO. – Sept. 12, 2019 – Still far from what would be defined as balanced, Colorado’s residential housing data continues to show signs that markets are shifting, according to the latest monthly market data from the Colorado Association of REALTORS®. Despite three-year lows on interest rates...

Colorado Leads The Nation As Most Desirable State To Move To

A recent poll put out by porch.com says Colorado is “the most desirable location”. The survey asked US citizens what state they would most like to move to. Colorado beat out Hawaii and California. The poll also shows that "Colorado (almost 56 percent), Hawaii (51 percent), and California (50 percent) ranked as the states most worthy of relocation." A REALTOR® said she gets a...

Seminar Meeting Office Working Corporate Leadership Concept

Apply Today to Participate in CAR’s 2020 Leadership Academy

"The Leadership Academy was a great experience to go through. I learned so much, including things that were not on my radar. I had the opportunity to connect with other REALTORS® across the state and also look at the bigger picture on the state level." -Natalie Davis, South Metro Denver Assocation of REALTORS® CAR Leadership Academy is an exclusive...

REALTORS® a Voice for Property Owners as Colorado Advances Broadband

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...

Housing lined up with a short fence lining the bright green grass on a summer day

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

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

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

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...