The Colorado Association of REALTORS® Political Action Committee, otherwise known as RPAC, is the single most important driver behind our political success. It is an honor to recognize local boards, associations, and individuals who accepted and met the challenge to help us raise RPAC dollars in 2017. First to Hit RPAC Goal Denver Metro Association of REALTORS® - This association achieved the...
The Colorado Association of REALTORS® sought to get the word out about the dangers of ballot initiative No. 66 and successfully did so at their annual Economic Summit on February 7, 2018. Initiative No. 66 is currently being reviewed by the Supreme Court and could be on the ballot this November. This initiative seeks to cap new housing construction to 1%...
Another Economic Summit and REALTOR® Day at the Capitol is in the books! Thank you to all our members and colleagues who attended CAR's Economic Summit and REALTOR® Day at the Capitol! We had a busy two-day event with over 250 REALTORS attending from across the state! The Economic Summit was highlighted by a panel discussion that focused on the newly...
Senate Bill 18-015: Protecting Homeowners and Deployed Military SB18-015, sponsored by Senators Gardner (R-Colorado Springs) and Hill (R-Colorado Springs) and Representatives D. Williams (R-Colorado Springs) and Liston (R-Colorado Springs), allows for the removal of an unauthorized person (trespasser) from a residential property within 24 hours based on an affidavit from the true property owner. The rightful property owner is subject to...
The Second Regular Session of the 71st General Assembly Kicks Off in 2018! The first gavel of the second session of the 71st General Assembly came down on Wednesday, January 10th. The session is already off to a quick start with 179 bills introduced in the first week. We expect this to be a busy year for property rights and housing...
Capital gains exclusion In a huge win for current and prospective homeowners, current law is left in place on the capital gains exclusion of $250,000 for an individual and $500,000 for married couples on the sale of a home. Both the House and the Senate had sought to make it much harder to qualify for the exclusion. Mortgage interest deduction The maximum mortgage...
There have been a number of developments in Washington, DC to share with you. TAX REFORM: Both the House and Senate have named the members of the conference committee. The committee will begin meeting next week, its goal is to send a final bill to the President by December 15, 2017. NAR will continue to run the Call for Action until the...
[caption id="attachment_22653" align="alignright" width="245"] Madeline Cain[/caption] [caption id="attachment_22652" align="alignnone" width="245"] Elizabeth Peetz[/caption] ENGLEWOOD, Colo. – (Nov. 16, 2017) The Colorado Association of REALTORS® (CAR) has named Elizabeth Peetz, Esq. as its vice president of government affairs and promoted Madeline Cain to government affairs manager. Peetz, a licensed attorney in Colorado, Nebraska and Washington D.C., has been with the association’s government affairs division since...
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. Here were the top...
HB 1279 Construction Defect Actions Notice Vote Approval Headed to the Governor’s Desk After more than four years of negotiations on construction litigation reform, HB-1279 sponsored by Representatives Garnett (D-Denver), and Saine (R-Firestone) and Senators Tate (R-Centennial) and Guzman (D-Denver), has passed through both the House and Senate unanimously and is now on its way to the Governor. We expect the Governor...