The Division of Real Estate (“Division”) commenced a review of the administrative rules regarding real estate brokers last year. In compliance with Senate Bill 14-063 (§24-4-103.3, C.R.S.), the Division gave public notice of its review of the existing rules on its website and solicited feedback from interested parties. The statutory mandate for the review is to assess the continuing need...
Colorado was one of the first states in the country to pass legislation for first-time homebuyers. The legislation allows them to open a tax-free savings account to save money for down payment on a new home. Since that law was passed in 2016, Colorado is seeing the benefits of the program. – Colorado, the seventh-fastest growing state in the country, welcomed...
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...
House Bill 19-1050: Encourage Use of Xeriscape in Common Areas HB19-1050, sponsored by Rep. Brianna Titone (D-Arvada), extends current statute to allow property owners and a community's governing board or homeowners association (HOA) to provide xeriscape or drought-tolerant landscaping to common areas. However, the bill does not exempt special districts from water conservation law regarding xeriscape landscaping. ### Xeriscaping is a method of...
The Colorado Association of REALTORS® is proud to support the ongoing efforts and discussions taking place around Wildfire education, mitigation, safety and recovery for the residents throughout our state. As a part of our long-term commitment to work with local, state and federal agencies and organizations on these important issues, including our own Colorado Project Wildfire initiatives, we are proud to...
7Beyond is a TV production company based in LA and they are making a TV show pilot about people who are buying a house for a loved one to say “thank you.” It can be for a parent, grandparent, sibling, pastor, etc. They are looking to shoot the pilot in Spring 2019 and are interested in talking to people at any stage...
Single-family home sales across the state were down 3.9 percent in February from a year ago, according to Colorado Association of REALTORS® data. They were down 5.1 percent in January and February combined. In Pueblo County, the drop was steeper. Single-family home sales were down 24 percent last month from February 2018. They were down 15 percent for January and February...
The Colorado Association of REALTORS® is confirming an earlier report from the Denver Metro Association of REALTORS® that metro Denver home prices suffered an annual decline in February. That’s the first time that has happened since 2012. But with strong gains still piling up along the southern Front Range and in Mesa County, home prices statewide are still rising. The median sales...
House Bill 19-1228: Increase Tax Credit Allocation Affordable Housing HB19-1228, sponsored by Rep. Shannon Bird (D-Westminster), Rep. Brianna Titone (D-Arvada), Sen. Jack Tate (R-Centennial) and Sen. Rachel Zenzinger (D-Aurora), increases the annual allocation of the state's Affordable Housing Tax Credit program (AHTC), administered by the Colorado Housing and Finance Authority (CHFA), from $5 million to $10 million from 2019 through 2024....
Housing inventory is outpacing demand in Boulder County. The latest data for February from the Colorado Association of REALTORS® suggests the local housing market, though healthy, shows signs of cooling off. "In Boulder County, we have 13 percent more inventory than we did at this time last year," said Kelly Moye, a Spokesperson for the Colorado Association of REALTORS®. Sales of single-family homes...