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Results for: colorado springs

Evidence of Denver housing market slowdown; changes happening in Denver metro and statewide

https://coloradorealtors.com/market-trends/regional-and-statewide-statistics/   ENGLEWOOD, Colo. – Aug. 10, 2018 – An early peak housing season – April/May – has been met with an earlier than normal seasonal slowdown as buyer and seller behavior is changing amid the latest market conditions, according to the July 2018 statewide housing data from the Colorado Association of REALTORS® (CAR).   With enough evidence building to...
Home on a summer day with a bright blue sky.

Economist Upbeat About Pueblo’s Housing Market

Lawrence Yun spoke recently to more than 100 industry professionals from the Pueblo, Pikes Peak, Royal Gorge and Central Colorado Associations of REALTORS®. He talked about housing, for sure, but also favorably about Pueblo’s job growth, which he described as improving at a healthy rate, on par with the United States average.   Yun noted that the median price for...
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2018 Colo. Legislature REALTOR Win with Squatters Bill

Author: Dan Njegomir – May 22, 2018 – Updated: May 22, 2018   Builders, developers and real-estate agents as well as affordable-housing advocates, among others, closely watched a number of bills that stood to affect the housing market along with basic property rights. You guessed it: Two legislative chambers run by opposing parties put the kibosh on some proposals those stakeholders opposed while...

Squatter Prevention Bill on its Way to Hickenlooper

A Colorado legislative measure born out of frustration with the process of evicting those who illegally take over someone’s home is on its way to Gov. John Hickenlooper for signing.   Senate Bill 15 (SB18-015) will set up a faster process for getting “squatters” — people who move into a home without homeowner authorization — evicted from the premises. The new...
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Capitol Connection – May 11, 2018

Sine Die! Wednesday, May 9th, the final gavel came down on the second session of the 71st General Assembly.  In total, 784 bills were introduced.  The Colorado Association of RELATORS® (CAR) tracked 80 bills this year and the Legislative Policy Committee (LPC) took a position on 46 of them.  The split legislature this year with Republicans controlling the Senate and...
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Capitol Connection – May 4, 2018

House Bill 18-1195: Tax Credit Contributions Organizations Affordable Housing HB18-1195, sponsored by Representative Pabon (D-Denver) and Senator Tate (R-Centennial), provides a state income tax credit for contributions to nonprofit organizations and Housing Authorities engaged in the new construction of affordable housing for homeownership of at least 120% Average Median Income. The donation by an individual or organization must be tied...
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Capitol Connection – April 13, 2018

Senate Bill 18-015: Protecting Homeowners And Deployed Military SB18-015, sponsored by Senator Gardner (R-Colorado Springs), Senator Hill (R-Colorado Springs), Representative D. Williams (R-Colorado Springs), and Representative Liston (R-Colorado Springs), allows  a property owner to remove  an unauthorized person from a residential property within two court days  on a county court motion for temporary mandatory injunction. The rightful property owner is...

Listings have Increased, but Inventory is Still a Concern

Despite a 39 percent increase in new listings in March, inventory issues continue to dominate housing discussions statewide as Denver Metro Area sees new price records   ENGLEWOOD, Colo. – April 11, 2018 – With signs of new life popping up across the Centennial state, many REALTORS® find themselves wishing they’d see available inventory pop up again as they continue...
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Capitol Connection – March 23, 2018

Senate Bill 18-015: Protecting Homeowners And Deployed Military SB18-015, sponsored by Senator Gardner (R-Colorado Springs), Senator Hill (R-Colorado Springs), Representative D. Williams (R-Colorado Springs), and Representative Liston (R-Colorado Springs), allows for the removal of an unauthorized person from a residential property within 24 hours based on an affidavit from the true property owner. The rightful property owner is subject to...