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...
Next Stop, Governor's Desk: House Bill 19-1098: Deeds to Convey Real Property CAR is thrilled to announce that HB19-1098, Deeds to Convey Real Property, is headed to the Governor's desk for his consideration. CAR worked with multiple industry stakeholders to develop and champion this legislation as a common-sense public policy solution that fixes a longstanding problem in real estate transactions. ### Under current...
The Western Slope REALTOR® Rally is coming up soon! This event is designed to encourage networking while developing a higher level of professionalism in order to build your business to full potential. There will be breakfast with nationally known keynote and motivational speaker and TEDx presenter, Rashmi Airan. With education sessions, meals provided, cocktail hour, and vendor exhibits, this event is one...
Pueblo’s housing market posted a solid start to the year in January. While the number of homes sold was down, overall spending was up as buyers focused on higher-priced properties, generally in the $200,000 to $300,000 range, according to Pueblo Association of REALTORS® data. The $33.6 million spent last month was up 7.7 percent from the $31.2 million spent in January...
With housing prices remaining out of reach for many, Boulder is moving ahead with exploration of a pilot program to help middle-income workers and residents buy homes in the city. The idea began with a 2016 white paper by councilmen Sam Weaver and Bob Yates and continued with city staff research. Council members on Tuesday provided feedback about what further work...
Initiative 300 is a broad measure whereby supporters have asserted unimpeded use of public space for the purpose of erecting non-obstructive shelter, indefinitely, is a right to be extended to everybody including those experiencing homelessness. No city in the US has passed similar allowances. However, courts have ruled that cities cannot enforce certain laws that restrict access to public space...
New listings and prices for single-family homes have gone down in Montezuma County when compared with this time last year, according to the Colorado Association of REALTORS®. According to the Association’s most recent data, listings of new and sold single-family homes declined in January, compared with January 2019. Median sales prices also declined. This year had more new townhouse-condo listings, according to the...
When REALTORS® from across the state met earlier this month at the Colorado Association of REALTORS® annual Economic Summit, the message from economist Elliot Eisenberg was clear: Colorado's housing market continues to be plagued by an overall lack of inventory. The ripple effects on home buyers and sellers alike has remained the same for the past several years and the...
NAR's Rural Outreach Initiative serves REALTOR® Associations in communities with less than 30,000 population and rural in character. The Initiative has a two-fold strategy: (1) Identify and disseminate information and resources on the issues and challenges facing rural communities impacting real estate and (2) provide one-on-one assistance to small associations to help them take advantage of the REALTOR® Party Community...
New Colorado Realty Association statistics show the median sale price for a single family home in Denver is $425,000, that's down more than 1 percent and townhouse/condo prices are down 12 percent. Association spokesperson Kelly Moye tells FOX31 several factors contributed to the shift, “With the elections and the stock market and the subsequent government shutdown, it never picked up.” Moye says...