3 Things to Know 1. CAR Secures Major Wins in Real Estate Sunset Bill. The Colorado Association of REALTORS® played a leading role in shaping this year’s sunset bill, “Sunset Division of Real Estate” (House Bill 1287), to continue the Colorado Real Estate Commission and Division of Real Estate, both set to expire in September 2026, for another 10 years. The...
3 Things to Know Lot Splitting to Increase Starter Home Supply. The legislature recently introduced “Lot Splitting Approval by Subject Jurisdictions” (House Bill 1308), which would allow qualifying residential lots to be divided into two parcels through an administrative approval process beginning in 2027. The bill codifies a practice already permitted in several Colorado communities by establishing clear parameters for when...
February housing report shows contracts increasing, longer selling times as buyers remain price sensitive and negotiations define the deal [embed]https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/[/embed] ENGLEWOOD, CO – Stronger homebuyer interest and engagement surfaced in February though conditions remain cautious and negotiation-driven across the Denver metro area and statewide housing markets, according to the February Market Trends Housing Report from the Colorado Association of REALTORS® (CAR). SEVEN COUNTY DENVER METRO: In...
3 Things to Know Wildfire Resiliency Code Deadline Approaching. Implementation of “Establishment Of A Wildfire Resiliency Code Board” (Senate Bill 23-166) continues to move forward, with a key milestone approaching this year. This 2023 law created the Wildfire Resiliency Code Board, which is responsible for adopting statewide model codes — such as hardening structures and improving defensible space around buildings —...
3 Things to Know Bill to Suppress Tenant Eviction History and Allow Lying Related to It Defeated. ”Protections for Residential Tenants” (House Bill 1047) was defeated in committee last week on a narrow bipartisan 6–5 vote, following strong advocacy from CAR. Lisa Nguyen, President of Denver Metro Association of REALTORS®, underscored the bill’s practical impact, stating, “This bill removes access to...
The Colorado Real Estate Commission is considering proposed revisions to multiple Commission-approved contracts and forms — and your voice is needed. On March 6 at 1:00 p.m. (MT), the Commission will host the first of three virtual Stakeholder Meetings to gather feedback on proposed changes to key disclosures, brokerage forms, lead-based paint documents, and other foundational transaction forms used by Colorado...
Protect Your Business. Protect Your Clients. The Colorado Association of REALTORS® has verified that REALTORS® working in Colorado have been impacted by a sophisticated “Zoom link” scam targeting real estate professionals. Cybercriminals are using increasingly advanced tactics to access sensitive business and client information. Your vigilance is critical. How the “Zoom Link” Scam Works In most cases, someone posing as a prospective buyer...
A bill that would have authorized local governments to impose new taxes on so-called “vacant” residential properties was defeated this week after strong opposition from the Colorado Association of REALTORS® and REALTOR® members from across the state. House Bill 26-1036, which proposed allowing municipalities, counties, and newly created housing authorities to levy taxes on vacant property based on locally defined criteria,...
3 Things to Know HUGE WIN! The Colorado Association of REALTORS® (CAR) led efforts to defeat “Vacancy Taxes” (House Bill 1036) on a bipartisan 7-4 vote, with more than a dozen REALTORS® testifying against it, along with CEO Tyrone Adams. This bill would have allowed local governments to punish the lawful use of residential property simply because it was unoccupied for...
[embed]https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/[/embed] ENGLEWOOD, CO – Colorado’s housing market began the new year in a period of recalibration with January data reflecting a slower, deliberate pace across a majority of markets, according to the latest Market Trends Housing Report from the Colorado Association of REALTORS® (CAR). While demand remains, buyers are increasingly selective and payment-sensitive while sellers continue to adjust to a market defined by...