Results for: first time home buyers

Capitol Connection: March 30, 2019

Update: House Bill 19-1006: Wildfire Mitigation Wildland-Urban Interface Areas   HB19-1006, sponsored by Rep. Barbara McLachlan (D-Durango), Rep. Terri Carver (R-Colorado Springs) and Sen. Rhonda Fields (D-Aurora), creates a state grant program to fund proactive forest management and fuel reduction projects to reduce the impacts of wildfires to life, property and critical infrastructure. This is one of the Wildfire Matters...

Colorado Housing Market Report for February 2019

  Snow and cold temps blanket housing markets across the State creating wait-and-see game for buyers and sellers alike ### ENGLEWOOD, CO. – March. 12, 2019 – With cold, wet conditions and record snowfall wreaking havoc across the state, Colorado’s local housing markets are experiencing a mixed-bag of results, with early spring season expectations tempered by below normal temperatures and...

Capitol Connection: March 8, 2019

Governor Polis Signs House Bill 19-1098 into Law ### Yesterday, the Colorado Association of REALTORS® (CAR), the Land Title Association of Colorado (LTAC) and other industry partners celebrated a big win for the real estate industry as Governor Jared Polis signed HB19-1098 into law. HB19-1098, sponsored by two-time CAR Legislator of the Year, Rep. Matt Gray (D-Broomfield) and Sen. Pete Lee...

Capitol Connection: March 1, 2019

House Bill 19-1096: Colorado Right to Rest   Earlier in the week, HB19-1096, titled Colorado Right to Rest, died in the Senate Finance Committee by unanimous decision. The bill would have allowed individuals to occupy public spaces for any duration without penalty, prohibiting state and local governments from enacting or enforcing laws, ordinances, rules or regulations related to public camping....

Capitol Connection: February 22, 2019

Next Stop, Governor’s Desk: House Bill 19-1098: Deeds to Convey Real Property   CAR is thrilled to announce that HB19-1098, Deeds to Convey Real Property, is headed to the Governor’s desk for his consideration. CAR worked with multiple industry stakeholders to develop and champion this legislation as a common-sense public policy solution that fixes a longstanding problem in real estate...

Capitol Connection: February 15, 2019

House Bill 19-1011 Scope of Manufactured Homes Sales Tax Exemption ### Current law defines manufactured housing as factory-built residential structures designed to be installed on a permanent foundation. This definition limits the sales tax exemption, which previously applied to structures designed for occupancy in either temporary or permanent locations. HB19-1011 clarifies the scope and changes the definition to that of a...

January’s improved inventory falls short of buyer demand

ENGLEWOOD, CO. – Feb. 12, 2019 – When REALTORS® from across the state met earlier this month at the Colorado Association of REALTORS® annual Economic Summit, the message from economist Elliot Eisenberg was clear: Colorado’s housing market continues to be plagued by an overall lack of inventory. The ripple effects on home buyers and sellers alike has remained the same...

How to Make 2019 Your Best Real Estate Year Yet: Five Unexpected Ways To Grow Your Business

According to figures provided by the Colorado Department of Regulatory Agencies, there are 44,000 licensed real estate agents in the state – and 37,000 homes listed on the MLS – meaning agents greatly outnumber the homes they’re trying to sell. What’s more, 87 percent of real estate agents leave the business in their first several years.   Couple that with...

50-state research aims to identify nation’s most innovative housing solutions

The Colorado Association of REALTORS® (CAR) has completed a 50-state research analysis designed to identify the most innovative and successful programs being implemented to address the full spectrum of housing issues facing communities across the United States. From affordability and product type to inventory needs, CAR’s research set out to help identify what state and local governments, public and private...

Waves of uncertainty rise from seasonal factors and government shutdown

By Matthew Leprino January 2019   There is little that markets like less than uncertainty, be it real estate, or otherwise. So when a segment of the population isn’t working, and worse, when they aren’t spending money, uncertainty grows and creates a ripple effect throughout our economy. As the partial government shutdown nears ever closer to a month, the likelihood...