Colorado Association of REALTORS | Consumer Awareness
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Consumer Awareness

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Wire Fraud is Costing REALTORS® Way More Than a Paycheck

Wire Fraud is Costing REALTORS® Way More Than a Paycheck: Seven Ways to Prevent it from Happening to You and Your Clients   Ashley Cook Assistant VP of the Fraud Prevention Department for FirstBank   The next time you’re standing in a room with realtors, do us a favor: ask them if they or anyone they know has ever been impacted by wire fraud. Your jaw...

Governor Hickenlooper Gives Thumbs Up at Bill Signing

HB-1220 – Prevent Marijuana Diversion To Illegal Market

HB-1220 – Prevent Marijuana Diversion To Illegal Market   [caption id="attachment_23885" align="alignnone" width="225"] Governor Hickenlooper describing legislation that limits marijuana diversion to the illegal market prior to bill signing.[/caption]     HB-1220 places limits on the number of marijuana plants that can be possessed or grown on a residential property to 12. Large residential marijuana grows and the manufacturing operations they often bring with them...

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Colorado regulators stress importance of fire mitigation despite favorable forecast

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...

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The Colorado Housing Market

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...

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Is Fort Collins In A Housing Bubble?

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]...

Governor Hickenlooper Signs Sunset Bill 215

SB-215 – Sunset Licensed Real Estate Brokers & Subdivision Developers – Signed by Governor Hickenlooper

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...

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Citing Housing Shortage, Builders Push for Friendlier Laws

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...

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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...