On Oct. 15, new rules will go into effect that will reduce regulatory barriers, making purchasing a condo in more expensive markets a bit easier. For example, the new rule will allow certain individual condominium units to be eligible for FHA mortgage insurance even if the condominium project is not FHA approved. (The condo unit needs to be in a...
Elizabeth Peetz, Vice President of Government Affairs from the Colorado Association of REALTORS®, stops in to interview with Christopher for a Community Broadband Bits Podcast. In this discussion, Peetz discusses the effect broadband has had on the Colorado real estate market and how CAR becomes involved in related legislation. She talks about recent changes in state law and the Association's opinions...
By CAR's Government Affairs Vice President Elizabeth Peetz Happy Summer! The USA Women’s team won the World Cup in France and we are post all-star break, with half the season left to go in baseball. And before you know it, we will be talking about the preparation for the 2020 legislative session. But first let’s take stock of where we are...
Applications for CAR’s Legislative Policy Committee (LPC), Political Action Committee (CARPAC) and Key Contacts Program are now available. Applications are due by no later than Friday, August 30, 2019. If you or a fellow Colorado REALTOR® are interested in serving on one of CAR’s Government Affairs committees, please contact govaffairs@coloradorealtors.com. Legislative Policy Committee (LPC): Description: LPC members are to review, prepare, and make...
Earlier this month, Lakewood voters passed a controversial rule that limits new residential construction to 1 percent of the city’s existing housing stock each year, with the intent of slowing development that many residents say has gotten out of control. As the entire Front Range struggles with how to responsibly address growth, all eyes—especially of local developers and housing policy...
Lakewood residents voted for a measure aimed at limiting development Tuesday. Ballot question 200 was approved by approximately 53 percent of voters, with the remainder voting against it. The ordinance seeks to limit development in the city by capping new housing projects at 1 percent of the city's current housing stock. "As REALTORS®, it’s our job to ensure housing remains as attainable as...
CAR was excited this year to be a sponsor of the Habitat for Humanity Legislative Build Day that sponsored building across the state on June 27, 2019. “CAR is thrilled to partner with Habitat for Humanity to build affordable housing,” says Vice President of Government Affairs, Elizabeth Peetz. “We know that 1 in 7 households spend more than half...
Landowners shouldn't have to jump through state-level hoops before heading to federal court to accuse the government of taking their property, the Supreme Court ruled today in a decision that overturns a decades-old precedent. In a 5-4 opinion(link is external), the justices sided with Pennsylvania resident Rose Mary Knick on a property rights issue likely to have ripple effects on land use...
A new study supported by a metro Denver business partnership says Lakewood's July 2 ballot question to limit growth to 1% a year will lead to higher property taxes to pay for city services. “The research speaks for itself,” said Elizabeth Peetz, Vice President of Government Affairs for the Colorado Association of REALTORS®, in a statement Monday. Ballot Question 200, a citizen-initiated...
A lack of affordable housing doesn’t just bedevil Telluride, it challenges communities across the state, so much so that last October a bipartisan group of state senators and representatives sat down with diverse stakeholders ranging from the Colorado Association of REALTORS® to Habitat for Humanity to Ski Country USA, plus local government representatives, to examine the issue. Town of Telluride Program...