Colorado REALTOR®, The Colorado Real Estate Commission and the Colorado Division of Real Estate are undergoing a review mandated in Colorado law. A primary purpose of the review is to determine if the licensing of real estate brokers is necessary to protect public health, safety, and welfare. In conjunction with the analysis, DORA has launched a licensee survey asking those individuals...
H.R. 3700 was passed by the U.S. House 427-0. Despite passing with NO OBJECTIONS, the U.S. Senate has not acted on H.R. 3700. This legislation provides significant benefits to taxpayers, homebuyers and the real estate market by: Removing a burdensome and expensive FHA Condo approval process Reducing FHA restrictions on the number of condos available to homebuyers Permanently streamlining Rural Housing Service loan processing More...
Sine Die! Wednesday, May 11th, the final gavel came down on the second session of the 70th General Assembly. In total, 789 bills were introduced. CAR tracked 65 bills this year and took a position on 37 of them. A split Legislature this year with Republicans controlling the Senate and Democrats controlling the House meant every bill sent to the Governor...
CAR is very pleased to announce that the First Time Homebuyer Savings Account Act passed the Legislature Tuesday morning after the State Senate gave the bill it’s final approval. CAR extends its deepest gratitude to House Majority Leader Crisanta Duran, Representative Joe Salazar, Senate Majority Leader Mark Scheffel and Senator Beth Martinez-Humenik for their sponsorship of HB-1467, and for their...
Senate Concurrent Resolution 004: Real Estate Transfer Tax For Affordable Housing. We are happy to report that SCR16-004, Real Estate Transfer Tax for Affordable Housing sponsored by Senator Ulibarri (D-Commerce City) died in committee on April 20th. The LPC opposed this bill and CAR gave testimony against the legislation in the Senate State, Veterans, & Military Affairs committee hearing. This concurrent...
Thank you so much to everyone who attended REALTOR® Day at the Capitol! We had over 200 attendees from across the state, and had a very successful day speaking with our legislators. We would like to thank Alison Felix, Vice President and Denver Branch Executive of the Federal Reserve Bank of Kansas City, for providing an interesting and insightful keynote...
The Second Regular Session of the 70th General Assembly Kicks Off in 2016! The first gavel of the second session of the 70th General Assembly came down on Wednesday, January 13th, ushering in two new legislators, with a third legislator finding himself in a new chamber. Throughout the coming weeks, we will introduce you to each new legislator in our Capitol...
Colorado RPAC Day is the perfect opportunity for all Colorado REALTORS® to recognize the importance of RPAC and invest! December 10th is Colorado RPAC Day! The REALTORS® Political Action Committee (RPAC) was established to fight for our industry so you don’t have to. RPAC works to promote homeownership and private property rights at the local, state, and national level. We need your...
On Thursday, October 22, 2015, the House of Representatives Transportation and Infrastructure Committee will begin consideration on the surface transportation re-authorization legislation. One proposal would use Fannie Mae and Freddie Mac's credit risk guarantee fees to fund transportation programs. NAR and CAR strongly believe that a new tax on homeowners would also prevent Fannie Mae and Freddie Mac from effectively managing...
by Josie Klemaier, Denver Post. A new effort to teach Evergreen residents how to protect their homes from wildfires is being led not by fire agencies or property owners, but by another group with a huge stake in area properties: REALTORS®. "As REALTORS®, we got involved in this because we believe in making our communities better," said Bonnie Smith, director of the National...