The Colorado Association of REALTORS® Political Action Committee, otherwise known as RPAC, is the single most important driver behind our political success. It is an honor to recognize local boards, associations, and individuals who accepted and met the challenge to help us raise RPAC dollars in 2017. First to Hit RPAC Goal Denver Metro Association of REALTORS® - This association achieved the...
Four Democratic and three Republicans hoping to succeed term-limited Democratic Gov. John Hickenlooper spoke at a Gubernatorial Forum held by the Colorado Association of REALTORS at REALTOR Day at the Capitol. The discussions came as housing needs continue to out-pace new housing supplies, leaving home prices soaring and an estimated 25 percent of Coloradans spending 50 percent or more of their income...
Another Economic Summit and REALTOR® Day at the Capitol is in the books! Thank you to all our members and colleagues who attended CAR's Economic Summit and REALTOR® Day at the Capitol! We had a busy two-day event with over 250 REALTORS attending from across the state! The Economic Summit was highlighted by a panel discussion that focused on the newly...
Senate Bill 18-015: Protecting Homeowners and Deployed Military SB18-015, sponsored by Senators Gardner (R-Colorado Springs) and Hill (R-Colorado Springs) and Representatives D. Williams (R-Colorado Springs) and Liston (R-Colorado Springs), allows for the removal of an unauthorized person (trespasser) from a residential property within 24 hours based on an affidavit from the true property owner. The rightful property owner is subject to...
DENVER – Nancy Todd, Senator for Aurora in Senate District 28, was awarded the 2017 Legislator of the Year Award by the Colorado Association of REALTORS®. Rep. Todd is one of the first recipients of the award, given to a Colorado legislator who has put considerable effort into legislative efforts that support the American dream of homeownership. Nancy Todd was a...
The Second Regular Session of the 71st General Assembly Kicks Off in 2018! The first gavel of the second session of the 71st General Assembly came down on Wednesday, January 10th. The session is already off to a quick start with 179 bills introduced in the first week. We expect this to be a busy year for property rights and housing...
Capital gains exclusion In a huge win for current and prospective homeowners, current law is left in place on the capital gains exclusion of $250,000 for an individual and $500,000 for married couples on the sale of a home. Both the House and the Senate had sought to make it much harder to qualify for the exclusion. Mortgage interest deduction The maximum mortgage...
The National Association of REALTORS strives to influence and shape the real estate industry. So it should be no surprise they put full force into the recent two public policy changes sweeping through Washington, D.C. NAR worked tirelessly on tax reform and net neutrality, two policy changes that could have powerful impacts on the real estate world. In regards to Tax...
Changes in the tax code could have pricey implications for homeowners if the GOP Tax Proposal passes. Cuts elsewhere are causing Congress to find other ways to make up the money. One area they are looking to make up the money is taxes associated with real estate. Currently, homeowners are encouraged to stay in their home for two years and are...
2017 is the very first year the Colorado Association of REALTORS ® is awarding Legislator of the Year awards. CAR does not take this responsibility lightly and our legislative policy committee comprised of members throughout the state of Colorado has carefully considered their decisions. And we believe that the collective honorees are legislators who have been stalwart supporters of the real estate industry, and...