Results for: colorado springs

First-Time Home Buyers Learn to Move Quickly in Tight Markets

With the competitive housing market first time home buyers are having to endure a tough fight to fulfill their dreams of becoming homeowners.  Jay Gupta a CAR spokesperson told the New York Times just how tight the current housing market is.   Gupta said that forty people attended an open house in Colorado Springs that was only open for three-hours long...

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...

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...

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...

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...

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...

Capitol Connection – March 9, 2018

Senate Bill 18-109: Authorize Audio-Video Communication Notarial Acts SB18-109, sponsored by Senator Gardner (R-Colorado Springs), Representative Garnett (D-Denver), and Representative Wist (R-Centennial) allows notaries public to perform notarial acts using audio-visual communication. The process is called remote notarization and it’s similar to a skype or face-time type of interaction where there is audio and video communication between the notary and...

Market conditions result in record-high median pricing

Market conditions result in record high median pricing levels in both Denver metro area and state as low inventory dominates housing discussion.   ENGLEWOOD, Colo. – March 12, 2018 – While housing hope springs eternal, inventory statistics across the state paint a different picture and have resulted in numerous record-high median pricing levels in Denver and across the state, according...

Capitol Connection – February 23, 2018

Senate Bill 18-109: Authorize Audio-Video Communication Notarial Acts SB18-109, sponsored by Senator Gardner (R-Colorado Springs), Representative Garnett (D-Denver), and Representative Wist (R-Centennial) allows notaries public to perform notarial acts using audio-visual communication. The process is called remote notarization and it’s similar to a skype or face-time type of interaction where there is audio and video communication between the notary and...