Colorado Association of REALTORS | Residential Housing
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Residential Housing

July Home Sales Shatter Records; Nearly Double from May to July Driving Median Pricing to Record Highs Across Colorado

Contact:   Marty Schechter for CAR 303-882-4585 cell  marty@schechterpr.com    ENGLEWOOD, CO – Aug. 12, 2020 – A record number of single-family homes sold in July have shattered state records and driven median home prices to record highs as well, according to the latest monthly housing data from the Colorado Association of REALTORS® (CAR). Despite another strong month of new listings, a...

Governor Polis Extends Eviction Notice Order to 30 Days

On Monday, Governor Polis issued an extension to an Executive Order requiring landlords to serve a 30-Day Demand for Rent or Possession. This new Order is in effect until Wednesday, September 9, 2020. Executive Order 2020-162 encourages property managers to take steps to limit evictions for tenants who have made a good faith effort to make rental payments or establish a repayment agreement. The Order, however, is not a...

CAR Opposes HUD Action to to Rescind the Affirmatively Furthering Fair Housing Rule

The Colorado Association of REALTORS® (CAR) is opposed to the Department of Housing and Urban Development’s decision to rescind 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. In step with the National Association of REALTORS®, CAR agrees that eliminating this rule strips away a vital tool for fulfilling the original...

Colorado resort towns see flood of home buyers, burst in school enrollment

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...

NAR Reaffirms Its Stand on Fair Housing in National Ad

“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 Post: Agents See Interest from Homebuyers Looking for More Space After COVID-19

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...

KUNC: After a Slow Spring, Northern Colorado Sees Surge in Home Sales

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...

Regional Spotlight: Denver

Denver-area REALTOR Matthew Leprino recently spoke with REI INK about Denver's booming residential real estate market despite a dip during the COVID-19 shutdown. Leprino notes that the State of Colorado classified construction as an essential business, which most likely helped cushion the slide in the market as a result of coronavirus. He also said that many buyers weren't as concerned with...

Housing Pipeline Surges Across Colorado in June Pent-Up Demand Drives Second Straight Month of Record-Setting Pending Sales

Marty Schechter for CAR 303-882-4585 cell    marty@schechterpr.com ENGLEWOOD, CO – July 10, 2020 – With pent-up demand and low inventory conditions prior to the COVID pandemic, the continued opening up of business and personal activities statewide created a surge of activity across Colorado’s housing markets resulting in new record highs for pending sales and driving the inventory of active listings to record or near record...

May Delivers “Virtual Reality Reset”

Roar of record-setting pending sales reflect the opening up of restrictions and strong demand across Colorado’s housing markets Marty Schechter for CAR 303-882-4585 cell marty@schechterpr.com ENGLEWOOD, CO – June 10, 2020 – Virtual tours, virtual open houses, sight unseen purchases, and virtual closings have helped shape a new reality for real estate transactions across the...