WASHINGTON (June 19, 2019) – The latest consumer findings from a National Association of REALTORS® survey reveal that many more Americans believe that now is a good time to sell a home. The second quarter of 2019 saw a jump in optimism in selling, as 46% strongly held that belief, up from 37% in the first quarter. NAR's chief economist Lawrence Yun...
Nearly 150 Colorado REALTORS® joined thousands of their colleagues for the National Association of REALTORS® Legislative Meetings & Trade Expo held in Washington, DC, May 13-18, 2019. [caption id="attachment_30931" align="aligncenter" width="300"] REALTORS® gathered in front of the U.S. Capitol for NAR Midyear Meetings.[/caption] The week’s agenda included committee meetings, updates on public policy issues, and training sessions. However, the most important component...
Denver remains a magnet for millennials, but a lack of affordable homes could prevent many of them from sticking around for the long haul. Out of 100 metros examined, Denver continues to rank in the top 10 for its ability to attract and retain millennials, the generation born between 1980 and 1998, according to a study from the National Association of...
### April is Fair Housing Month. As stewards of the right to own, use, and transfer private property, REALTORS® understand that fair housing protects the real estate industry and our businesses. We depend on a free, open market that embraces equal opportunity. In short, fair housing makes us stronger. "The Fair Housing Act was amended to prohibit discrimination based on gender, disability and...
Vote "No" on Senate Bill 225 Senate Bill 225 is bad public policy because it repeals current Colorado statute prohibiting rent control on private residential real property or housing units and allows any local jurisdiction to pursue their own rent control limits. It will be on the Senate Floor on Thursday morning. ### Rent control does not equal affordable housing; in fact, it...
On December 11, the U.S. Environmental Protection Agency (EPA) and the Army proposed a new definition of the Waters of the United States rule (WOTUS). This proposal is now available for public comment. The REALTORS® Land Institute and National Association of REALTORS® have been strong supporters of the review of the original WOTUS rule, as laid out by President Trump’s Executive...
CAR's Chair, Justin Knoll, had 2 radio interviews with the National Association of REALTORS® (NAR) radio show, Real Estate Today, in their series, "Sell Like a Pro." During "Sell Like a Pro" interviews, NAR asks top real estate processionals what strategies, tactics, and techniques they use when they are selling their own house. In his first interview, Justin shares how to...
To protect 30-year, fixed-rate mortgages, Fannie Mae and Freddie Mac should be given new charters that turn them into utilities with private shareholders and federal backing for catastrophic losses, NAR says. The association's proposal was introduced at a policy forum it hosted in early February. Also, using automated texts as part of your marketing could violate do-not-call laws. ### If you have...
The National Association of REALTORS® released state-by-state reports outlining the total economic impact of real estate related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance. The real estate industry accounted for $70,517 million or 20.4% of the gross state product...
(As of January 10, 2019) As of midnight on December 21, 2018, the President and Congress were unable to agree on the provisions of a Continuing Resolution (CR) to fund the federal government. As a result, a partial shutdown of some government operations has occurred. This partial shutdown includes some federal housing, mortgage, and other programs of interest to the real...