Tag: National Association Of Realtors
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Colorado housing market brighter than it looks, says national economist
Despite the unseasonal weather that’s thawing the early days of a new year, Colorado Realtors are still bundling up as they step into the market ahead. Median home prices are off from a year back, and sales aren’t appreciably better, according to the newest monthly data released Tuesday by the Colorado Association of Realtors. The…
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Colorado statewide housing market shows price drop for condos
After months of stubborn price increases that had driven away buyers, Colorado’s housing market is now seeing some modest price reductions — with the trend being more evident for condos and townhomes than for single-family homes. Following a report last week of declining prices in metro Denver, the Colorado Association of Realtors is tracking a similar…
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Denver real estate leaders fire entire board over MLS sale controversy
As the real estate industry grapples with the landmark settlement case changing the rules on agent commissions, tensions between Denver’s real estate leaders boiled over the future of the database where most homes for sale in Colorado are listed. The Denver Metro Association of Realtors (DMAR) and South Metro Denver Realtor Association (SMDRA) announced Friday…
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Metro Denver real estate agents strive to interpret NAR settlement
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Spring typically marks high tide for the residential real estate market, according to Colorado agents. And this spring — with a low inventory of homes available to meet buyer demand — is no exception. Right now, brokers working that market are experiencing some added anxiety as they struggle to interpret a $418 million settlement by the…
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Johnston outraises Brough in latest report, Brough leads in cash on hand in Denver mayor race
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Mayoral hopeful Mike Johnston outraised rival Kelly Brough in direct contributions by almost $55,000 between March 30 and April 30, the last reporting period shows. With matching funds, however, Brough netted just over $34,000 more. All told, Brough saw a $20,000 dollar disadvantage in fundraising…
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LinkedIn cofounder, former DaVita CEO pour money into Denver mayor’s race
Kelly Brough maintains a fundraising edge, but Mike Johnston is not far behind, having benefitted from nearly $900,000 in outside support.
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Metro Denver home sales gathering momentum again?
After a half year of declining sales in the wake of sharply higher mortgage rates, the National Association of Realtors is seeing an upward turn in pending home sales — and Denver area brokers are already marking that same bounce. “It’s been crazy the last month,” said Rike Palese, broker/manager of ReMax Professionals’ DTC office…
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Metro Moves: Society of Industrial and Office Realtors taps Todd Witty as Colorado chapter president
Welcome to the Denver Gazette’s Metro Moves. You’ll get the latest metro Denver openings, closings, hiring and promotion briefs here. To submit your company’s news, drop an email to [email protected]. INDUSTRIAL The Colorado Chapter President of the Society of Industrial and Office Realtors elected Todd Witty, a senior vice president at CBRE, a commercial real…
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Interest rates, inflation trend during slow season in October Housing Report
Interest rates increasing alongside inflation are emphasizing the already slow fall season in home sales, according to the October 2022 Market Trends Housing Report from the Colorado Association of Realtors. In one month, new listings of single-family homes for the metro-Denver area decreased more than 25% and lowered 20% statewide. The market maintained a healthy…
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Denver inventory of for-sale homes ‘skyrockets’ in June
Evidence of the cooling Denver area home sales market mounted in June as the amount of inventory across single family homes and condominiums grew considerably from May to June, according to a report released Wednesday by the Denver Metro Association of Realtors. The amount of homes for sale at the end of June stood at…