There are fewer than three veterans experiencing homelessness on any given night in Fremont County, thanks in part to a designation they received from Built for Zero, Community Solutions. The designation helped homeless organizations in the county expand their services. Some of the risk factors for homelessness are scarce and expensive housing. The median sales price for a home in...
Land Title Association of Colorado and the Colorado Association of REALTORS® have become aware of a new fraudulent scam that has quickly become more prevalent in the last month. In most instances it includes VACANT LAND. A fraudster locates a property and impersonates the owner of the property. They list the property for sale (typically as a “FSBO”) on...
The popularity of multigeneration living is in flux throughout the nation, according to two recent reports. Colorado, along with Arizona and Nevada, had the largest increase in multigenerational households, which is defined by three or more generations who live in the same home. From 2014 to 2019, that increase went up 12.34 percent across the three states, according to a study from LendingTree. The NAR’s Home...
Louisville residents and victims of the Marshall Fire protested the 2021 International Energy Conservation Code that would mandate rebuilding their homes with electric vehicle charging ports, higher insulation standards, and requirements to be “electric and solar ready.” Average cost estimates for a net-zero home rebuild could cost consumers anywhere from $20,000-$77,000 extra. The council is hoping its residents may still want to rebuild using the 2021...
The Wildfire Matters Review Committee brought three House Bills to the house. HB 1007 ends a tax deduction for property owners that offsets wildfire mitigation expenses. The deduction is replaced with an income tax credit beginning in 2023, which would be available to landowners with a taxable annual income of less than $120,000. Elizabeth Peetz, Vice President of CAR’s Government Affairs, stated the cap “removes the...
Many ideas await the recommendations from legislators on how to spend $400 million of COVID-relief money on how to make housing more accessible to more people. “We’re all saying it: This is a once-in-a-lifetime chance to make investments in housing that we would never as a state be able to make in our own,” said Cathy Alderman, chief communications and policy officer for the Colorado...
Families renting homes, apartments, and hotel rooms because they lost their housing in the Marshall fire are struggling to make rent payments. Because some renters are still waiting to hear if property owners will pay to clean smoke and ash residue from their apartments, they are living in limbo, with remediation priced at thousands of dollars. During this challenging time, the Colorado Association of REALTORS®...
Recent home listings in the Marshall Fire Burn areas are still selling over the asking price in a short time. There were 17 homes under contract that sold within two days of being on the market. The language in the listings reads differently than it did two months ago. “Instead of the remarks saying, ‘Great house, open space, and views,...
Application process now open to displaced residents ENGLEWOOD, CO – The Colorado Association of REALTORS® Foundation has been awarded a $2 million grant from the REALTORS® Relief Foundation to be distributed to victims of the December 2021 fires that ravaged Boulder County, destroying more than 1,000 residential properties. Funded through donations from REALTORS® and REALTOR® organizations and administered by the Colorado Association of...
More than 3,000 people have joined the Facebook page, Marshall Fire Housing Needs and Availability, created by REALTORS® Susan Schliep and Amanda DiVito Parle. Schliep got the idea while driving home and remembering what her parents experienced after losing their home in Grand County’s East Troublesome fire in Oct. 2020. “Fourteen months after the East Troublesome and only two homeowners have rebuilt. And they got after...