Colorado Association of REALTORS | NAR
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NAR

REALTORS® Announce $2 million relief grant for victims of Boulder County fires

Application process now open to displaced residents ENGLEWOOD, CO – The Colorado Association of REALTORS® Foundation has been awarded a $2 million grant from the REALTORS® Relief Foundation to be distributed to victims of the December 2021 fires that ravaged Boulder County, destroying more than 1,000 residential properties. Funded through donations from REALTORS® and REALTOR® organizations and administered by the Colorado Association of...

Three Colorado Homes Make NAR’s First-Time Buyer, Season 2

Three different Colorado REALTORS® are featured in NAR’s “First-Time Buyer” which is streamed on Hulu. The show, an NAR-produced program in its second season, showcases the obstacles first-time homebuyers face with the guidance, expertise, and confidence provided by their REALTOR®. The REALTORS® in the episodes dealt with taking their first-time homebuyers through multiple offers; newer vs. old builds; and helping a family with a pig...

Support Boulder County Wildfire Victims

CAR Family – Although the Marshall and Middle Fork fires continue to burn across Boulder County and the surrounding communities, our leadership team has been working with local association leaders and your CAR Foundation to take some initial steps in support of the thousands of wildfire victims. Beginning immediately, you can make financial contributions to the CAR Foundation using the link below. This is...

Congresses’ Opportunity Zones Doubled Median Home Prices

Adams County, Colorado, and nine other cities across the country benefitted from the establishment of Opportunity Zones, which were created by the Tax Cuts and Jobs Act of 2017. Congress enacted these laws to help revitalize low-income areas and give investors significant tax breaks to invest in properties in these cities. Adams County’s median price rose to $429,000 in 2021, which was up from $222,500...

NAR Announces New Guidance that Reinforces Greater Transparency for Consumers

Changes more explicitly state spirit, intent of NAR Code of Ethics and policies regarding information about commissions, broker marketplace participation November 15, 2021 Media Contact: Wesley Shaw 202-383-1193 CHICAGO (November 15, 2021) —The National Association of Realtors® announced today the adoption of changes to its guidance for local Multiple Listing Service broker marketplaces that reinforce greater transparency for consumers. The changes ensure...

FEMA Director to Speak at NAR About Risk Rating 2.0

The Federal Emergency Management Agency’s Risk Rating 2.0: Equity in Action went into effect on Oct. 2. This new system prices flood insurance for each home individually rather than by flood zone. Jack Greacen, NAR’s Colorado Political Representative, reports that members from across NAR have shared their good and bad anecdotes. NAR has created a number of helpful resources to...

51 CAR Members Selected to Serve on 36 NAR Committees and Boards

Congratulations to CAR members who have been selected to serve on NAR Committees and Boards for 2021/2022. Please see below a list of Colorado REALTORS® and association staff listed in alphabetical order by last name. Tyrone Adams Housing Opportunity Committee Brian Anzur Leading Edge Advisory Board Barbara Asbury Land Use Property Rights and Environment Committee Windy Bailey Federal Taxation Committee Sunny Banka Risk Management Issues Committee David Barber Membership Policy...

Denver’s Bob Bell Wins NAR’s Good Neighbor Award

Realtor® from Denver Wins National Award for Delivering Weekend Meals to At-Risk Children WASHINGTON (October 20, 2021) – Realtor® Bob Bell with Mile Hi Property in Denver is one of five winners chosen for the National Association of Realtors® Good Neighbor Award. For nine years, Bell and hundreds of volunteers have been up at dawn every to pack and deliver weekend meals to 10,000 at-risk schoolchildren across 72...

Valuation Gaps Exist in Minority Neighborhoods

Freddie Mac released research supporting the appraisal gap and focus areas for possible solutions. After evaluating 12 million appraisals for single-family home transactions from 2015-2020, Freddie Mac found that 13 percent of properties in black and Latino census tracts received lower appraisal values, compared to 7.4 percent in white tracts.  Freddie Mac will look at possible answers to this...

National Association of Realtors® Files Petition to Oppose Department of Justice Breach of Settlement Agreement

DOJ move undermines public policy, public confidence September 13, 2021 Media Contact: Mantill Williams 202-383-1128 CHICAGO (September 13, 2021) – The National Association of Realtors® today filed a petition to quash a request by the Department of Justice that reneges on the terms of a settlement agreement that was approved by the DOJ in November 2020. The DOJ attempt to withdraw from...