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Capitol Connection: March 27, 2015

Mid-Session Update With a little over a month left in the legislative session this year, we want to take some time to update you on the progress of the bills we have been monitoring.  The Legislative Policy Committee has reviewed 57 bills and has taken a position on 25 of them.  We are in SUPPORT on 15, NEUTRAL on 5,...

Zillow Trulia Combination

How the FTC decided to allow the Zillow/Trulia Merger?   The following are the comments of the Federal Trade Commission in setting out their view of the Zillow/Trulia combination. This is interesting reading for all industry participants. We note that REAL Trends (along with many others) filed an expert report on this matter, which laid out industry fundamentals as to...

CHFA Offering Grants for Down Payment Assistance

Colorado Housing and Finance Authority (CHFA) announced this week that it is now offering its down payment assistance for homebuyers in the form of a non-repayable grant. The program will provide qualified borrowers with down payment and closing-cost assistance for up to 5 percent of the purchase price of a home.With Colorado home prices having increased by six percent in 2014...

Can You Just Say No to Marijuana?

Marijuana is becoming legal in more states, which may make it tougher for landlords seeking to enforce their own bans. As the movement to legalize marijuana blazes through the nation, landlords and building managers may be wondering whether the right to ban the drug from their properties is going up in smoke. The truth around the issue is a bit...

Statement From NAR on Beverly Carter Tragedy

“As both a REALTOR® and an Arkansan, I am saddened by this morning’s news of Beverly Carter’s untimely death. My heart goes out to her family, her friends, her co-workers, and everyone whose life Beverly touched in her 49 years with us. Working in real estate involves risk and, unfortunately, that risk takes many forms. As an industry, we collectively...

Proposed Rules for Community Association Managers

Community Association Manager Licensing Proposed Rules for Review and Comment As prescribed by the new HOA Manager Licensing Bill, HB13-1277, the Colorado Division of Real Estate has developed proposed rules for the licensing of community association managers. Currently, the Division of Real Estate is collecting comments from the public and industry groups on the proposed rules.   To provide comment on the...

Capitol Connection: February 28, 2014

REALTOR® Day was a success! Thank you so much to everyone who attended REALTOR® Day at the Capitol this past Wednesday.  We had over 200 attendees from all across the state, and had a very successful day speaking with our Legislators. We’d like to thank Alison Felix, Assistant Vice President and Denver Branch Executive at the Federal Reserve Bank of...

Nominate a REALTOR®

Are you or someone you know doing great work serving the community? We want to hear about it! At REALTOR® Magazine, we have two programs that work to recognize and nurture REALTORS® who are working to better the world around them. The Good Neighbor Awards recognize REALTORS® for extraordinary accomplishments in community service. Volunteering Works is designed to help new...

Capitol Connection: January 24, 2014

Pre-Registration for REALTOR® Day closes February 7th Don’t miss the 2014 REALTOR® Day at the Capitol on Wednesday, February 26th at the McNichols Building and the State Capitol. Based on feedback received from local leadership, we have revamped this event and are very excited for you to attend.  We are offering Capitol tours and meetings with Legislators as part of...

Fed Moves to Simplify Mortgage Loan Process

New rules take effect in 2015. The Consumer Financial Protection Bureau has enacted a new rule that will require the banking industry to provide consumers with easy-to-understand loan information; and remove old, monotonous provisions that complicate the home buying process and confuse buyers. The most significant change makes it a requirement for originators to provide easy access to basic information...