Colorado Association of REALTORS | General
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General

2020 Census: REALTOR® Participation Is Key

This year marks the 24th Census count since its inception in 1790. As mandated by the U.S. Constitution, the United States is required to count every person living, regardless of age, in the United States and five U.S. territories every 10 years. The data collected provides policymakers, business owners, school systems, and REALTORS®, with information that fuels economic prosperity across the country. Critical federal funding for...

IRS Extends Tax Deadlines

The IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway.  Both of these programs are designed to promote economic growth in communities, and NAR made the case that investors in these programs should not be harmed due to the effects of COVID-19. 1031 Like-kind exchanges.  If an investor has taken the first step of...

CAR COVID-19 Update: Stay at Home Order and Essential Services Interpretation

With the continually evolving COVID-19 circumstances that are impacting all of our personal and professional lives, the Colorado Association of REALTORS® staff and leadership team are committed to providing you with timely, factual information throughout this crisis. CAR has been in communication with the Attorney General’s office and has learned that the Third Updated Public Health Order 20-24 that was issued in conjunction with the Stay...

Updated Public Health Order for Colorado to Include Real Estate as Critical Business

March 26, 2020 Your REALTOR® Voice Has Been Heard Today, Governor Polis and the Department of Public Health and Environment has released an updated public health order in accordance with yesterday’s executive order implementing a statewide stay-at-home order, in effect from March 26 through April 11, 2020. The public health order was updated to include a number of critical services that includes Professional Services, such as legal, title companies,...

Join Scott Peterson for a Virtual Session on Colorado Real Estate, COVID-19 Contract and Risk Management Issues

Join CAR General Counsel Scott Peterson for a webinar to discuss the variety of issues related to COVID-19 and its impact on real estate transactions in Colorado.  Topics will include: the New COVID-19 Form addendum, Showings/Open Houses, “Shelter in Place” orders, contract termination, closings, and brokerage best practices.  Attendees will have an opportunity to participate in an open Q&A period with Scott following his discussion. Note that...

Be On the Lookout for Coronavirus Scams

As the world's attention is focused on the Coronavirus pandemic, scam artists have been coming out of the woodwork to target unsuspecting consumers, including right here in Colorado. Earlier this week an email was sent out by a Washington state congressional candidate, Joshua Collins, asking people to sign a fake petition urging Gov. Jared Polis to suspend mortgage, rent,...

Fill Out Your 2020 Census Form

The U.S. Constitution requires the federal government to count everyone living in the country every 10 years. The tally must include people of all races and ethnic groups, all citizens and non-citizens, all adults and children, regardless of age. As a result, the Census provides important information that can determine our representation in the U.S. Congress. Responding to the Census is really important because it establishes...

CAR, 35 Other Colorado Groups Call on Lawmakers to Prioritize Transportation Funding

CAR has joined forces with a diverse coalition of 35 other Colorado organizations calling on state legislators to prioritize funding to improve the quality of the state's roads and reduce traffic. The coalition, A Way Forward, is comprised of the construction, shipping, and real estate, among other industries. It recently sent a letter to lawmakers making the case for action during...

Homeownership Rate Climbs to 6-Year High

Americans are facing challenges to homeownership, particularly with shrinking inventories of homes for sale, yet somehow more are still finding their way to becoming homeowners. The homeownership rate rose to its highest level in six years during the fourth quarter of 2019, a newly released report from the U.S. Census Bureau shows. The percentage of Americans who own their home increased...

NAR: HUD Offers Guidance to Sniff Out Fake Assistance Animal Requests

Property owners have struggled with how to enforce no-pet policies on their properties with the growing number of renter requests for assistance animals. That’s why the housing market is welcoming the U.S. Department of Housing and Urban Development’s newly released guidance and clarity on how to comply with the Fair Housing Act when receiving a request for an assistance animal. News...