3 Things to Know
Colorado American Dream Act. Yesterday, “Construction Defects & Middle Market Housing” (House Bill 1272) passed in committee with an overwhelming vote of 12-1, marking a significant step forward in expanding the availability of starter homes. The bill strikes an important balance between protections for homeowners and builders, introducing thoughtful reforms to construction litigation that can help reduce...
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Protecting REALTORS® From Civil Lawsuits. CAR General Counsel Scott Peterson testified in strong opposition to “Deceptive Trade Practice Significant Impact Standard” (Senate Bill 157) because it is attempting to lower the “public impact standard” within the Colorado Consumer Protection Act (CCPA) to a single person’s claim that an act or practice could injure the larger public. This...
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Homeowner Incentives for Wildfire Mitigation: “Risk Model Use in Property Insurance Policies” (House Bill1182) would provide homeowners personal wildfire risk scores - along with a breakdown of how those scores were determined, what impact the scores have on their premiums, and what actions they or the state should take to mitigate risk. But that’s not all! This...
Posted on
February 28, 2025
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FAIR Plan Prepares to Issue Policies in Colorado. In May 2023, House Bill 1288: Fair Access to Insurance Requirements Plan, was signed into law, establishing a FAIR Plan in Colorado. Designed to offer basic homeowners’ insurance to those in high-risk areas where private insurers may be unwilling to provide coverage—think states like California, Florida, and Hawaii—the FAIR...
Posted on
February 21, 2025
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Unveiling of HB-1272: Construction Defects & Middle Market Housing.Exciting news for Colorado’s housing market! Yesterday, House Bill 1272—a new bill aimed at expanding the supply of entry level, attainable homes—was introduced, and it comes with important protections for both homeowners and builders alike. The bill introduces fair and balanced reforms to construction litigation, ensuring that high-quality homes...
Posted on
February 14, 2025
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Housing Bill Heads to the Governor: House Bill 1019 “Third-Party Administration of Division of Housing Programs” allows outside groups like nonprofits to help administer programs that provide a number of services including rental assistance, housing vouchers, and case management for individuals at risk of homelessness - is set to be signed by the Governor. These programs will...
Posted on
February 7, 2025
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2025 REALTOR® Day Under the Dome. Sixty members from more than 25 legislative districts advocated for REALTOR® safety and starter homes at our state Capitol on February 4th. Due to space limitations, this was an invite-only event where association members from the Leadership Council, Legislative Policy Committee (LPC), the Political Action Committee (CARPAC), Federal Political Coordinators (FPCs)...
Posted on
January 30, 2025
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Deja Vous. Similar to recent years, there is another wave of landlord/tenant legislation in 2025 with more bills on the horizon. There are bills related to pricing coordination between landlords (HB 1004) and one that would allow the receivership of residential housing by local governments (SB 20). The Colorado Association of REALTORS® (CAR) is actively working on...
Posted on
January 17, 2025
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56 REALTORS® from nearly 20 different Local Associations serve on the Colorado Association of REALTORS® (CAR) 2025 Legislative Policy Committee (LPC). They will review more than 100 bills over the course of the 120-day legislative session that ends on May 7th. The LPC is the official body to take Association positions on legislation impacting REALTORS® and/or real...
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January 9, 2025
Leaders of the Colorado Association of REALTORS® (CAR) and their more than 25,000 members celebrate the start of the 2025 legislative session focused on finding bipartisan solutions for the state’s lingering and growing housing shortage, including improving housing inventory, access and affordability, insurability, as well as overall pathways to homeownership for Coloradans.
“It is more important than ever that we focus...
