Results for: Call for action

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...

The Very Real Threat of Mortgage Fraud

How to Protect Yourself, Your Business, and Your Clients from this Growing Threat   If we look at this past year’s cybersecurity statistics, we see compelling evidence that mortgage fraud deriving from cybersecurity incidents is an attractive landscape for cyber criminals.  Verizon’s 2018 Data Breach Investigative Report (DBIR2018), tells us that 76 percent of last year’s attacks were financially motivated....

Capitol Connection: February 1, 2019

House Bill 19-1167: Remote Notaries Protect Privacy   HB19-1167 sponsored by Representative Monica Duran (D-Wheat Ridge), Representative Terri Carver (R-Colorado Springs) and Senator Robert Rodriguez (D-Denver), authorizes notaries public to perform a notarial act through use of audio-visual communication, such as technology similar to Skype or FaceTime. It’s commonly referred to as “remote notarization.” Existing law requires an individual to appear...

Capitol Connection: January 25, 2019

Senate Bill 19-051: Increase General Fund Funding for Transportation   SB19-051 sponsored by Senator John Cooke (R-Greeley) and Senator Ray Scott (R-Grand Junction), authorizes the state to transfer additional general fund money to fund the state’s transportation needs as enacted by Senate Bill 18-001 in 2018. Under Senate Bill 18-001, the state now dedicates $105 million to the state highway fund, $22.5...

Safety Resources for REALTORS, Buyers and Sellers

Capitol Connection: January 18, 2019

House Bill 19-1075: Tax Credit Employer-assisted Housing Pilot Program   HB19-1075, sponsored by Representative James Wilson (R-Salida), creates a pilot program to increase employer-assisted housing projects in rural areas of the state from 2019 to 2023 tax years. It creates a state income tax credit to any taxpayer that donates to a state housing authority, Colorado and Housing Finance Authority...

2018 a Year of Contrasts Across Colorado Markets

A strong spring in many markets across Colorado could contradict some reports of a slowing market in 2019   ENGLEWOOD, CO. – January 11, 2019 – 2018 was a year of tremendous contrasts across most Colorado markets, giving both sellers and buyers opportunities to take advantage of ever-changing market conditions, according to the latest monthly market trends data from the...

Capitol Connection: January 11, 2019

The First Regular Session of the 72nd General Assembly Opened on January 4         The first gavel of the first regular session of the 72nd General Assembly came down on Friday, January 4th under the new leadership of Senate President Leroy Garcia and Speaker of the House KC Becker. As of this morning, 160 bills have been introduced since the...

Good Deeds, Bad Deeds and Colorado Property Deeds

### One of the more significant changes coming to the Colorado Commission Approved Contract to Buy and Sell (“CBS”) in January 2019, relates to Paragraph 13 (“Transfer of Title”) of the form.  For many years, Paragraph 13 of the CBS has included a ___________ (blank) prior to describing the type of deed that seller would deliver to the buyer at...