Justin Knoll will be the Chair-elect for the 2017-2018 leadership year after a close election with fellow candidate Darrell Wass. To ensure the voting results were accurate, calculated in a fair manner, and followed BOD approved CAR Bylaws, two member volunteers (Okie Arnot and David Barber); Mark Trenka, CAR Chairman; Tyrone Adams, CAR CEO; Jonathan Griggs, Director of Technology; and Janna Burton,...
Colorado regulators stress importance of fire mitigation despite favorable forecast TheDenverChannel.com Team 4:30 AM, Jun 8, 2017 DENVER -- Colorado wildland firefighters are preparing for what is forecasted to be an average or possibly even below average wildfire season. While this summer’s wildfire forecast may be encouraging, there is still plenty of fuel in the mountains, and Colorado agencies what homeowners to understand...
Mike Coffman 06/07/2017 | Press release | Distributed by Public on 06/07/2017 17:46 The First-Time Homebuyer Savings Account Act Washington, D.C.-- Today, U.S. Representative Mike Coffman (R-CO) was joined by his colleagues, Rep. Sean Patrick Maloney (D-NY) and Rep. Barbara Comstock (R-VA), for the bipartisan reintroduction of H.R. 2802, the 'First-Time Homebuyer Savings Account Act'. Supporting this legislation is also the National Association of...
The Colorado Housing Market By James Meijia Privera@lavozcolorado.com 06/07/2017 Lack of Inventory Drives Prices In their annual April housing report, the Colorado Association of Realtors (CAR) points to a red hot market not only in the Denver metro area but throughout the state. The average selling price of a home in Colorado jumped 12.3 percent in one year to $416,695. Coupled with high sales price...
Is Fort Collins in a Housing Bubble? [caption id="attachment_23846" align="alignnone" width="300"] JIM HILL / KUNC[/caption] There are several factors that have to be in play for a housing bubble to exist. The inventory needs to outweigh the demand — too many houses on the market — which will lead to dramatic price drops. “In our case, the cities and counties are holding [builders]...
SB-215 – Sunset Licensed Real Estate Brokers & Subdivision Developers - Signed by Governor Hickenlooper [caption id="attachment_23838" align="alignleft" width="300"] Governor Hickenlooper signs SB-215.[/caption] Every 10 years, the Division of Real Estate and the Real Estate Commission (Commission) are up for review at the Legislature. In 2017, CAR was actively involved from the very beginning to define the components of the legislation that will...
Citing Housing Shortage, Builders Push for Friendlier Laws The real-estate industry argues laws making it easier for homeowner associations to sue over alleged shoddy construction drive up insurance costs and builders’ expenses Construction at the Regional Transportation District’s Westminster Station in Metro Detroit in early July 2016. While home prices have risen at a double-digit rate for three years, the head of...
Supreme Court makes landmark ruling for condo developers Jun 5, 2017, 1:14pm MDT Updated Jun 5, 2017, 1:29pm MDT The Colorado Supreme Court on Monday upheld the right of condominium developers to require disputes go to binding arbitration, essentially putting into state law a contentious provision that construction-defects reform advocates said was the key to reviving a largely defunct condo market...
Fort Collins residential sweet spot up to $400K Pat Ferrier , patferrier@coloradoan.com 8:00 a.m. MT June 2, 2017 http://www.coloradoan.com/story/money/business/2017/06/02/fort-collins-residential-sweet-spot-up-400-k/356312001/ Homes selling for less than $400,000 being snapped up in days Buy Photo (Photo: Austin Humphreys/The Coloradoan) This story may sound like a broken record. Home prices in Fort Collins' white-hot market continue to escalate, pushed by the convergence of low inventory leading, increased competition, and an explosion of people...
Welcome to the fourth issue of the 2017 Conference Update (“CU” at the Conference). We’re sending you this monthly email to keep you in the loop about 2017 REALTORS® Conference & Expo promotions and to help you market the event to your membership base and colleagues. If you do not wish to receive this email, or know someone who should...