Results for: Call for action

Construction Litigation Reform

Sine Die!   Wednesday, May 10th, the final gavel came down on the first session of the 71st General Assembly.  By many accounts 2017 was an incredibly intense, active and even sometimes challenging session. In total, 793 bills were introduced.  CAR tracked 87 bills this year and the Legislative Policy Committee (LPC) took a position on 44 of them.  ...

Median sales price of Colorado homes up 10 percent over last year while available listings dip 37 percent statewide

Key findings from the April 2017 research report include:   Following a dramatic increase in new listings in March 2017, April saw a small decline in the number of new listings for single-family and townhome/condos across the state. Median sales price for a single-family home in the Denver metro area hit another record high, $404,900. Statewide, the median sales price...

A Construction Litigation Reform Deal is Reached!

This week at the legislature….a Construction Litigation Reform Deal is Reached!   HB 1279 Construction Defect Actions Notice Vote Approval   We are excited to announce that a compromise on construction litigation reform was reached early Wednesday morning on HB-1279.  This bill is sponsored by Representatives Garnett (D-Denver), and Saine (R-Firestone) and Senators Tate (R-Centennial) and Guzman (D-Denver). The bill...

Capitol Connection

Senate Concurrent Resolution 17-002: Real Estate Transfer Tax For Affordable Housing   SCR 17-002, sponsored by Senator Kefalas (D-Ft. Collins), was introduced on April 12 is scheduled to be heard on April 27th in the Senate Agriculture, Natural Resources and Energy Committee. The LPC today voted to oppose this concurrent senate resolution. SCR 02 deletes the prohibition in TABOR on...

Colorado Association of REALTORS Statewide Market Report for March 2017

  FOR IMMEDIATE RELEASE   March brings seasonal spike in new listings across Colorado’s housing market; Median sales price hits record $400,000 for Denver metro single-family home                                                                                                                                https://coloradorealtors.com/market-trends/   Key findings from the March 2017 research report include:   46 percent increase in new single-family listings and 32 percent increase in townhouse/condo listings across the state from February to...

This week at the legislature …

This week at the legislature …   House legislators had their opportunity to debate the “long bill”, otherwise known as the budget, to fund the operations of state government after the Senate debated the budget last week. Colorado requires state lawmakers to balance their budget and given the fiscal outlook this year it required the Joint Budget Committee (JBC) to...

Spring 2024 Board of Directors Meeting Agenda

This week at the legislature …

This week at the legislature … Legislators are considering the “long bill”, otherwise known as the budget, to fund the operations of state government. Colorado requires state lawmakers to balance their budget and given the fiscal outlook this year it required the Joint Budget Committee (JBC) to make some tough choices to close a nearly $700 million dollar shortfall. After...

Senate Bill 17-215: Sunset Licensed Real Estate Brokers & Subdivision Developers

Senate Bill 17-215: Sunset Licensed Real Estate Brokers & Subdivision Developers SB17-215, sponsored by Senator Kevin Priola (R-Henderson) and Representative Matt Gray (D-Westminister) was passed unanimously out of the Senate, Business, Labor and Technology Committee on Wednesday with bi-partisan support, and CAR expects that it will have an easy path through the Senate. This bill continues the division of real...

Senate Bill 17-156: Homeowner’s Association Construction Defect Lawsuit Approval Timelines

Senate Bill 17-156: Homeowner’s Association Construction Defect Lawsuit Approval Timelines This week the Homeownership Opportunity Alliance initiated SB17-156, Homeowner’s Association Construction Defect Lawsuit Approval Timelines sponsored by Senator Owen Hill (R-Colorado Springs) and Representative Cole Wist (R-Centennial), and Representative Lori Saine (R-Firestone) was assigned by the Speaker of the House to the House State, Veteran’s and Military Affairs Committee after passing out of...