On June 6, 2019, the National Flood Insurance Program was extended to September 30, 2019. The extension was attached to a broader disaster aid package, HR 2157 In addition, House Financial Services Chairwoman Maxine Waters (D-CA) and Ranking Member Patrick McHenry (R-NC) unveiled long-term reauthorization and reform legislation, and scheduled a mark up for Tuesday, June 11, 2019. In the links listed...
Affordable housing concerns tops the list of priority issues for many Coloradans. Colorado REALTORS® collaborated with diverse stakeholders throughout the 2019 legislative session to make significant strides that focused on short- and long-term housing solutions for communities across our state. ### ### On May 17, 2019, with Colorado REALTORS® in attendance, Governor Jared Polis signed a series of affordable housing bills. Descriptions of each bill...
Governor Polis Signs House Bill 19-1098 into Law ### Yesterday, the Colorado Association of REALTORS® (CAR), the Land Title Association of Colorado (LTAC) and other industry partners celebrated a big win for the real estate industry as Governor Jared Polis signed HB19-1098 into law. HB19-1098, sponsored by two-time CAR Legislator of the Year, Rep. Matt Gray (D-Broomfield) and Sen. Pete Lee (D-Colorado Springs),...
The Colorado Association of REALTORS® (CAR) has completed a 50-state research analysis designed to identify the most innovative and successful programs being implemented to address the full spectrum of housing issues facing communities across the United States. From affordability and product type to inventory needs, CAR’s research set out to help identify what state and local governments, public and private businesses,...
Governor's office: We have a plan, but no details available By Shay Castle Numbers have been dwindling for years inside Boulder County's public trustee office. As the revenue from fees on ever-shrinking sales and foreclosures grew smaller, so, too, did the staff: down from five in 2012 to two today. Next week, staff will drop further, to zero. Trustee Jim Martin announced his resignation...
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 the...
House Bill 18-1227: Real Estate Commission Flexibility in License Period HB18-1227, sponsored by Representative Herod (D-Denver), Representative Wist (R-Centennial), and Senator Cooke (R-Greeley), is a clean-up bill to the real estate sunset from 2017. In the sunset bill, the expiration date of real estate licenses changed from an anniversary date to a calendar renewal on December 31st of the third year...
Four Democratic and three Republicans hoping to succeed term-limited Democratic Gov. John Hickenlooper spoke at a Gubernatorial Forum held by the Colorado Association of REALTORS at REALTOR Day at the Capitol. The discussions came as housing needs continue to out-pace new housing supplies, leaving home prices soaring and an estimated 25 percent of Coloradans spending 50 percent or more of their income...
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%...
“This will bring our economy to a halt. You don’t bring affordability to a market by reducing supply,” Scott Thorson, the Chief Operating Officer at Oakwood Homes, said at the Colorado Association of REALTORS®’ Economic Summit on Wednesday in Denver. Ballot initiative No. 66, which is awaiting a review from the Colorado Supreme Court, would limit permits for homes and apartments...