By Liz Peetz, CAR VP of Government Affairs In these unconventional times when we are facing enormous obstacles to our daily lives to pursue our businesses, support our families, or try to have honest conversations about what is happening around the country, I am reminded of the powerful words of historian Doris Kerns Goodwin; “Progress goes up and down throughout history, but the most...
Nineteen percent of REALTORS® say they’re “very prepared” for a second wave of COVID-19 cases, and 39% say they’re “somewhat prepared,” according to the National Association of REALTORS®’ Market Recovery Survey, which is based on responses from about 2,300 members. Of those who believe there might be a second wave, 30% say they feel more prepared because they have a better...
By Sarah Mulholland, CPR News Statewide, the number of homes listed for sale in June fell 39 percent compared to the same time last year, according to a report from the Colorado Association of Realtors. Buyers are snapping up limited inventory now that stay-at-home orders are lifted, pushing the number of homes under contract up more than 30 percent — to...
By Carole VanSickle Ellis, REI Ink It surprised no one that Denver, Colorado’s, housing market took a hit in spring 2020. After all, no market has been unaffected by the economic downturn the coronavirus pandemic brought on. However, real-estate-related behavioral trends that emerged at the end of April when some “stay-at-home” restrictions were lifted in Colorado indicate a strong summer for residential...
By Jason Blevins, The Colorado Sun Urbanites fleeing cities for homes in the hills are pulling mountain resort real estate out of a pandemic slump. Inventories are dwindling, prices are soaring and resort-town schools are seeing enrollment climb as second-home owners and newcomers settle in places like Steamboat Springs, Vail, Crested Butte, Telluride and Aspen. Telluride REALTOR® George Harvey is working with more...
The National Association of REALTORS® voiced concern Thursday after the Department of Housing and Urban Development announced the end of a fair housing rule meant to advance diverse, inclusive communities. HUD is abolishing the Affirmatively Furthering Fair Housing rule, a 2015 regulation implementing the 1968 Fair Housing Act’s mandate that governments take affirmative steps to address segregation. HUD referred to...
CAR has received several warnings about a scam artist working in several areas across the state posing as a high-profile buyer (specifically, requesting showings of million-dollar properties and horse properties). This scam artist has been known to provide fraudulent checks in large denominations to attempt access to properties prior to closing and has also succeeded in persuading buyer’s agents to pay for hotel accommodations, which has...
“We believe that fairness is worth fighting for, and we won’t stop until the fight is won,” reads a new full-page ad from the National Association of REALTORS® that will appear in The New York Times on Sunday and The Wall Street Journal on Monday. The ads, which focus on REALTORS®’ commitment to fair housing amid social unrest around race, are an extension of...
Denver-area REALTOR Matt Leprino told the Denver Post that homebuyers, tired of being quarantined at home, are looking for space to spread out as the state's housing market continues its boom. “It’s absolute pandemonium for buyers under $400,000,” Leprino said. He cites particular interest from apartment renters desiring an more space and are competing against one another for single family homes. “We...
Home sales in northern Colorado took off in June after the easing of coronavirus-related restrictions on the real estate market, with homes in Fort Collins, Loveland, and Greeley selling at a record pace. “The buyers didn’t go away (earlier this year),” Fort Collins-area REALTOR® Chris Hardy told KUNC. “They were on intermission.” However, Hardy acknowledge some homeowners have been slow...