Setting Up Trust and Escrow Accounts ~ A Division Advisory

The Colorado Real Estate Commission’s (Commission) reorganized rules in Chapter 5 set forth the requirements for setting up trust and escrow accounts for real estate brokers. Rule 5.2 specifically states that “All Money Belonging to Others” must be deposited in one or...

Metro Denver home sellers missed the mark last year on pricing

Share of homes that sold above list price dropped to a 7-year low   For those measuring the temperature of the metro Denver housing market last year, one of the surest signs things had cooled down was a drop in the number of properties that sold for above list...

3 Offers…? FHA, Conventional & VA – Why Choose VA as the Most Likely to Close

VA loans were created in 1944 right before the close of World War II. Loan volume is typically driven by low rates and no down payments. As well as the loan program provides significant financial benefits that make home buying available for Veterans that may not...

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Bill seeks to increase property taxes on short-term rentals

Bill seeks to increase property taxes on short-term rentals

Short term rental units would be deemed nonresidential property under new bill Colorado property owners who lease short-term rental units on sites like Airbnb and VRBO would see a significant spike in their taxes under proposed legislation. But the bill’s own sponsor...

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Denver’s a top market among millennials buying homes

Denver’s a top market among millennials buying homes

Denver has a hot housing market, and it's especially hot among one of the largest potential demographics. Millennials, those people born between roughly 1981 and 1997, make up more of the current home-buying market in Denver than nearly all of the 50 largest U.S....

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Bill seeks to increase property taxes on short-term rentals

Bill seeks to increase property taxes on short-term rentals

Short term rental units would be deemed nonresidential property under new bill Colorado property owners who lease short-term rental units on sites like Airbnb and VRBO would see a significant spike in their taxes under proposed legislation. But the bill’s own sponsor...

read more
Denver’s a top market among millennials buying homes

Denver’s a top market among millennials buying homes

Denver has a hot housing market, and it's especially hot among one of the largest potential demographics. Millennials, those people born between roughly 1981 and 1997, make up more of the current home-buying market in Denver than nearly all of the 50 largest U.S....

read more
How agents stopped worrying and learned to love the iBuyer

How agents stopped worrying and learned to love the iBuyer

As the rise of instant buyer platforms continues, agents have kept themselves at the center of the transaction Despite forecasts that the iBuyer would gobble up a massive portion of market share, or even render the agent irrelevant, the growth of the quick-close,...

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THREE TRENDS THAT COULD DRIVE HOME PRICES HIGHER IN 2020

THREE TRENDS THAT COULD DRIVE HOME PRICES HIGHER IN 2020

According to the National Association of Realtors, home values across the US increased by 5.1%, on average, throughout 2019. Here are three trends that could cause home prices to continue rising in 2020: Supply The number of homes available for sale is low in many...

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