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The CAR Blog

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Supreme Court makes landmark ruling for condo developers

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...

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Fort Collins residential sweet spot up to $400K

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...

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“CU” at the Conference – June

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...

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Top 5 Legislative Successes at the Capitol

Top 5 Legislative Successes at the Capitol Straight from CAR Government Affairs   1)   Construction Litigation Reform   CAR, along with the Homeownership Opportunity Alliance championed compromise legislation that is the first step in the right direction to building more attainable housing for all Coloradans while also protecting homeowners and giving them a voice in whether or not to pursue litigation.  After more than...

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With investment, Colorado’s Mile High Community Loan Fund tackles affordable-housing crisis

With investment, Colorado's Mile High Community Loan Fund tackles affordable-housing crisis   News provided by: BBVA Compass 24 May, 2017, 12:52 ET    To view this story in it's entirety, click here.   - BBVA Compass increases equity equivalent investment to $3.3 million in organization, which gives developers access to capital they need to build more affordable housing  - Rising home prices, booming population contributing to statewide...

Governor John Hickenlooper Signs Construction Defects Reform into Law

Denver – Members of the Colorado Association of REALTORS® (CAR), as part of the Homeownership Opportunity Alliance (a bipartisan statewide coalition of housing advocates, business leaders, metro area mayors and builders), stood with Gov. John Hickenlooper in the West Foyer of the Colorado Capitol on Tuesday as he signed HB 1279, the Construction Defect Actions Notice Vote Approval bill, into...

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Local housing market grows tighter

Local housing market grows tighter   By DENNIS DARROW | ddarrow@chieftain.com | Dennis Darrow | May 19, 2017 Updated May 20, 2017     [caption id="attachment_23707" align="alignleft" width="294"] GOODThe percent of people who plan on buying a home by age group.[/caption] The Pueblo area housing market remains hot -- and the supply of available homes continues to shrink.   Building on the gains of the past two years, home...

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Sixteen Colorado REALTORS® graduate from State Association’s Leadership Academy

FOR IMMEDIATE RELEASE May 16, 2017   Contact: Lisa Hansmeier 303-790-7099   Sixteen Colorado REALTORS® graduate from State Association’s Leadership Academy   ENGLEWOOD, Colo. – The Colorado Association of REALTORS® celebrated the graduation of 16 REALTORS® from its 2017 Leadership Academy program, an exclusive four-month training and development program designed to nurture future association leaders through in-depth industry and association knowledge.   Working with CAR staff and professional mentors over...

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Tips to stay money smart after storm damage

NEWS RELEASE   For Immediate Release: May 8, 2017       Tips to stay money smart after storm damage   Division of Insurance reminds consumers to be wary of unscrupulous contractors.   DENVER - Springtime in Colorado and severe weather -- hail storms, heavy snowstorms, tornadoes and floods -- often go hand in hand. The Colorado Division of Insurance (DOI), part of the Department of Regulatory Agencies (DORA), encourages...

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Construction Litigation Reform

Sine Die!   Wednesday, May 10th, the final gavel came down on the first session of the 71st General Assembly.  By many accounts 2017 was an incredibly intense, active and even sometimes challenging session. In total, 793 bills were introduced.  CAR tracked 87 bills this year and the Legislative Policy Committee (LPC) took a position on 44 of them.   Here were the top...