Posted on
January 28, 2022
Legislative Advocacy this Week at the State Capitol
The Affordable Housing Transformative Interim Taskforce Releases Its Report
This week, the Affordable Housing Transformative Task Force that worked through the summer released their final report to the General Assembly.These recommendations will be the beginning of an advocacy and legislative process to determine how we spend the remaining federal ARPA (American Rescue Plan Act) housing dollars...
Posted on
January 26, 2022
Despite the historic jump in prices seen in 2021, the dizzying pace at which homes are selling for over the asking price with multiple offers in a short time frame could lessen if the interest rates go up.
“An uptick is probably good for the market to quell rampant appreciation," said CAR spokesperson Chris Hardy. "But for some folks it...
Posted on
January 21, 2022
Legislative Advocacy this Week at the State Capitol
CAR Legislative Policy Committee Takes First Policy Positions
HB22-1051- Support-This legislation extends CHFA's income-tax credit program from December 2024 to December 2034. It will also increase the annual cap from $10 million to $15 million beginning in 2023 until the 2034 expiration of the program.
Between 2015 - 2021, the state Affordable Housing Tax...
Posted on
January 14, 2022
Legislative Advocacy this Week at the State Capitol
Welcome to the Second Regular Session of the 73rd General Assembly
Welcome back to public policy season. On Wednesday, the
Legislative Session commenced and we will be working on important policy at the
Capitol related to REALTOR(R) Party issues for the next 120 days.
The Legislative Policy Committee (LPC) will begin reviewing bills
next week, so if you...
Posted on
January 13, 2022
Application process now open to displaced
residents
ENGLEWOOD, CO – The Colorado Association of REALTORS® Foundation has been awarded a $2 million grant from the REALTORS® Relief Foundation to be distributed to victims of the December 2021 fires that ravaged Boulder County, destroying more than 1,000 residential properties.
Funded through donations from REALTORS® and REALTOR® organizations
and administered by the Colorado Association of...
Posted on
January 12, 2022
https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/
ENGLEWOOD, CO – Record-low inventory combined with insatiable buyer demand drove housing prices to record highs in markets across Colorado in 2021, according to the December data and year-end analysis from the Colorado Association of REALTORS®. The resulting activity, prevalent from January through the end of the year in markets across the state, made it nearly impossible to define any...
Posted on
January 11, 2022
As we all know, the public’s increased time at home led people to buy homes or more square footage, according to a study by economists at the Federal Reserve Bank of Kansas City. Even after the pandemic, people are spending 5% more time at home, “which correlates with a nearly 4% increase in home prices found in most of the...
Posted on
January 11, 2022
More than 3,000 people have joined the
Facebook page, Marshall Fire Housing Needs and Availability, created by
REALTORS® Susan Schliep and Amanda DiVito Parle. Schliep got the idea while
driving home and remembering what her parents experienced after losing their
home in Grand County’s East Troublesome fire in Oct. 2020. “Fourteen months
after the East Troublesome and only two homeowners have rebuilt. And they got
after...
Posted on
January 10, 2022
Colorado Springs REALTOR® Eddie Hurt remembers his home being destroyed in the 2012 Waldo Canyon: “In 2012, Colorado Springs home prices had been declining but leveled off by 2012 so that helped folks have sufficient insurance coverage,” he recalled. Fast-forward to 2022, and real estate in both the Colorado Spring and Boulder areas have seen home prices increase by about...
Posted on
January 7, 2022
In addition
to the historic low inventory in housing in Colorado, homeowners affected by
the fire cannot rebuild quickly enough. “It’s going to take forever,” said
Kelly Moye, CAR spokesperson and Boulder REALTOR®. A home in the Denver metro
area that once took 5 months to build now takes 10 months. In what the Associated
Press is calling “Pandemic-era challenges,” the obstacles to rebuilding
include labor...
