If you didn't make our business after hour's last week you missed out on some great Pisco Sour's and another fantastic networking event. If were at the meeting and have not become a CAHREP member please consider doing so.
CAHREP has established lasting relationships with community and business leaders and provides opportunies for our membership to form their own direct relationships with these individuals and institutions. We also provide network opportunities through our monthly Business After Hours series.
Below is information on how to update your profile for CAHREP members. Please take a few minutes to update your profile on the membership page if you have not done so already.
Thank you to Rogelio Rodriguez and all others that were involved in organizing the Business After Hours this month. We hope to see all of you at future CAHREP events.
Say Hi to our New Members
Jay Rabideau, Unifirst Mortgage
Need to Renew or New Membership?Click below...
Make sure to check out our job board through
Photos from Business After Hours at Pisco Sour,
May 26, 2011
Board of Directors
Tracy Enslow, Treasurer
Stuart Kanchuger- Secretary
Gene Lucero, Director
John Lucero, Director
Deborah Vela, Director
Michelan Cordero-Sweeney, Director
Beau LaPoint, Director
Greg Adame, Director
David Hays, Director
John Rocco, Director
Socrates Saldarriaga, Director
IT DOES MATTER WHO YOU DO BUSINESS WITH!!
Ask if your real estate professional (buying or listing broker, lender, title co., insurance agent) is an active member of CAHREP.
Denver Athletic Club
1325 Glenarm Pl.
Denver, Co 80203
(Only $3 Parking for Attendees)
Monthly Breakfast Meeting
June 3, 2011
Top Buyers' Agent Panel
On June 3rd CAHREP gathers the Denver area top agents working with buyers share their secrets!
Jeffrey Harris - Cherry Creek Properties
Moises Nalvarte ReMax S/E
Chris Behrens - New Era Realty
Come on by and find out how these agents are successful in attracting buyers and closing on their transactions. What are buyers looking for? What is the source of their referrals? Are they advertising? How much time do they spend showing homes?
Lots of questions right???
You will also be able to submit your questions ahead of time through the registration form.
Breafast Buffet Included
QRM CALL TO ACTION
The National Association of Hispanic Real Estate Professionals needs you to share your opinions with us in a brief survey on issues relative to the "Qualified Residential Mortgage" language now being weighed by lawmakers. If the proposed policy veers to the extreme in an effort to protect consumers and lenders, it will create higher down payment standards that many Latino homebuyers will be unable to meet. NAHREP, along with a host of other industry groups, is watching this issue closely and is prepared to take a stand on it soon. We need the power of your opinions to further strengthen our voice. Please take five minutes to complete this survey.
Click Here to take Survey
May Meeting Recap
We hope this section will be ongoing in 2011. CAHREP wants to keep those that were absent posted on the good information and great speakers they missed out on :)
Rogelio started the meeting out with a few words on what is going on in the Real Estate Market as it pertains the Hispanic Market.
Our speaker for the month was Rep Diana Degette. She spoke briefly on what has been happening in Washington in terms of the real estate market. She stated that 60% of new home buyers in the next 20 years will be minorities with 40% being Hispanic buyers. She also stated the importance, with the new lending regulations, of ensuring that lending isn't tightened
up to the point that it inhibits people that should be buying homes from doing so. She also mentioned the importance of home buyer education for all first time home buyers. After being asked about her views
on the preservation of the home mortgage deduction she did state that she would definitely be in favor of preserving the home mortgage deduction.
Next, Beau LaPoint introduced DataMan, who spoke on the different avenues of social media in your business. He mentioned that it was important to contribute to several different avenues of social media
such as facebook, LinkedIn, etc and to provide something that is useful to your clients such as "tips for homebuyers" rather than just going for the hard sell in your message. To wrap up the meeting ladies from WebPR Latino
Spoke on different topics to include the Census statistics of Hispanics in Colorado.
Thanks to all meeting attendees. For the guests, you will find a link to join CAHREP at www.cahrep.org. We look forward to having you become a member and joining us at future monthly member meetings and mixers to build your network and your business!
There is always opportunity to network and meet industry leaders at our breakfasts. Make sure that if you did attend, you have followed up with your new contacts. As always, the DAC provides a great breakfast buffet. We look forward to your attendance at our next event.
Upcoming Home Buyer Classes
Brothers Redevelopment - 303-202-6340
June 4th - Aurora
June 6th - Denver CHAC - Home Access
June 8th - Lakewood
June 16th - Aurora
June 21st - Denver CHAC
2011 RMHA/UHA ANNUAL CONFERENCE
JUNE 15th & 16th - Beaver Creek, CO
It's time to get ready for the current and upcoming changes in business today so, make your arrangements now for the Rocky Mountain Home Association and Utah Housing Alliance's Annual Conference, "The Players are the same but the game has changed".
This year we have an action-packed conference filled with information to help bring you to the next level, increase your bottom line, and learn new techniques to help position your business better in this new economic environment. The game HAS changed; this conference will help you learn to play it!
In addition, plan to play in the golf tournament Wednesday morning at The Beaver Creek Golf Club and participate in the network opportunities planned for Wednesday evening!
Click Here for a link to the website to register for this event!
Housing Affordability Rises to Record Levels
RISMedia, May 28 2011-Nationwide housing affordability during the first quarter of 2011 rose to its highest level in the more than 20 years it has been measured, according to National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) data released recently. The HOI indicated that 74.6 percent of all new and existing homes sold in the first quarter of 2011 were affordable to families earning the national median income of $64,400. This eclipsed the previous high of 73.9 percent set during the fourth quarter of 2010 and marked the ninth consecutive quarter that the index has been above 70 percent. Until 2009, the HOI rarely topped 65 percent and never reached 70 percent.
Click Here for full article
Foreign Buyers Recognize Value of Homeownership in U.S.
RISMEDIA, May 20, 2011-The U.S. continues to remain a top destination for foreign buyers as international purchases surged by $16 billion this year, one of the highest increases in recent years. This is according to the National Association of REALTORS®' 2011 Profile of International Home Buying Activity.
According to the survey, total residential international sales in the U.S. for the past year ending March 2011 equaled $82 billion, up from $66 billion in 2010. Total international sales were split evenly between non-resident foreigners and recent immigrants, while combined total domestic and international existing-home sales in the U.S. were $1.07 trillion.
"The U.S. has always been a desirable place to own property and a profitable investment," says NAR President Ron Phipps. "In recent years we have seen more and more foreign buyers coming here to take advantage of low prices and plentiful inventory.
Click Here for full article
Have you visited the Membership Directory? There is much to do still but we have been working on setting up a membership directory page and live membership application. In order to update your profile go to www.cahrep.org, then the Membership Link. Once there, click on "forgot password". You will be asked to type in your email address. A link will be sent to your email and you can then setup your own password. You then want to go to "update profile" when you login and provide all your information, including your photo, company logo, industry and a small description of your services. The information set up currently may be incorrect, so please make sure you correct. Your membership may have lapsed so you want to renew. If you have questions regarding your membership status, payments made or other questions, please send us an email: Tracy Enslow, Treasurer at email@example.com, Deborah Vela, Membership Chair at
Make Plans Now!
(click image for more info)