Posted on
December 13, 2016
Cybercriminals are targeting home buyers and sellers nationwide. DORA offers tips on how to protect yourself.
DENVER --- The Colorado Division of Real Estate at the Department of Regulatory Agencies (DORA) warns Colorado consumers to beware of a national cyber-scam currently taking place that steals money directly from home buyers and sellers.
The Division continues to receive information about this cyber scam in which cybercriminals hack...
Senate Concurrent Resolution 004: Real Estate Transfer Tax For Affordable Housing.
We are happy to report that SCR16-004, Real Estate Transfer Tax for Affordable Housing sponsored by Senator Ulibarri (D-Commerce City) died in committee on April 20th. The LPC opposed this bill and CAR gave testimony against the legislation in the Senate State, Veterans, & Military Affairs committee hearing. This concurrent...
Posted on
February 16, 2016
Thank you so much to everyone who attended REALTOR® Day at the Capitol! We had over 200 attendees from across the state, and had a very successful day speaking with our legislators. We would like to thank Alison Felix, Vice President and Denver Branch Executive of the Federal Reserve Bank of Kansas City, for providing an interesting and insightful keynote...
Mark Trenka chair of the Colorado Association of REALTORS Legislative Policy Committee testified before Colorado law makers earlier this week regarding Colorado's construction defects law. This big hurdle prevents building more entry-level housing, and is a defect in state law that exposes home builders and homeowners to a high risk of expensive, time-consuming litigation. It has created a climate that puts the chill on new...
As a Commercial Real Estate Practitioner you understand how the market can be adversely affected by uncertainty. That is why NAR is asking for your help to extend the Terrorism Risk Insurance Program created following the September 11, 2001 terrorist attacks. When private insurers withdrew from the terrorism insurance market, construction projects ground to a halt and commercial property values...
NAR President Steve Brown was at the White House recently to celebrate the 80th anniversary of the Federal Housing Administration.
Just as REALTORS® were key to the creation of FHA in 1934, REALTORS® are key players in keeping the agency strong today.
During the visit, REALTORS® celebrated FHA's successes, shared what they see as the greatest challenges and opportunities FHA faces today,...
NAR Government Affairs has been closely monitoring the implementation of rules by the Consumer Financial Protection Bureau (CFPB). As part of the implementation of the Qualified Mortgage (QM) regulations, CFPB included in the 3% cap on fees and points, amounts paid to affiliate title companies and insurance escrows when there is an affiliate involved in the transaction. Unaffiliated charges...
Sine Die!
Wednesday, May 7, the final gavel came down on the second session of the 69th General Assembly. In total, 621 bills were introduced. CAR tracked 66 bills this year and took a position on 32 of them. As we are busy preparing for the 2014 elections, many are noting the bipartisan nature of a large majority of the bills...
In September 2013, the Wildfire Insurance and Forest Health Task Force issued an 80 page report to Governor Hickenlooper outlining concerns and recommendations regarding how to best protect citizens who live in the Wildland-Urban Interface (WUI), and protect Colorado’s landscape, which is a critical element of the State’s economic health. Their findings also brought to light related issues of water...
SB14-220, Concerning prerequisites to the authority of a unit owners’ association to pursue resolution of disputes involving construction defects, was introduced on Wednesday night. The bill has been assigned to the Senate State, Veterans, and Military Affairs Committee, as well as the Senate Judiciary Committee. We are thankful to those of you who have submitted testimonials so far, and those of...
