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...
By: Elizabeth Peetz, Vice President of Government Affairs, Colorado Association of REALTORS® ### As we enter the last weeks of April, the Legislature is starting to round the corner heading into the final stretch as we race to May 3rd. The legislature just took up the state budget pursuant to our constitutional requirement to pass a balanced budget in Colorado. So while...
Move, Inc./realtor.com has recently annouced their agreement to acquire Opcity, a leading market real estate technology platform that matches potential home buyers and sellers with real estate professionals in a real time setting. This news adds to the other benefits that Move, Inc./realtor.com offers and they consider this a great investment to their partners and the real estate sphere as a...
ENGLEWOOD, Colo. – June 12, 2018 – The Merry Month of May delivered strong seasonal increases in new listings for single-family residences and condos in both the seven-county Denver metro area and the state. However, homebuyers continue to face the same scenario that has dominated the state’s housing markets throughout the past year. Strong sales and record-high median pricing of...
The competition is heating up as the 20 finalist fight for Amazon to pick their city for the new location of the HQ2. As of now, Denver, Colorado sits sixth on the list with Raleigh, North Carolina leading in first place. ATTOM Data Solutions has created a ranking of the final 20 cities in the running and their likelihood of being...
With the competitive housing market first time home buyers are having to endure a tough fight to fulfill their dreams of becoming homeowners. Jay Gupta a CAR spokesperson told the New York Times just how tight the current housing market is. Gupta said that forty people attended an open house in Colorado Springs that was only open for three-hours long...
Sine Die! Wednesday, May 9th, the final gavel came down on the second session of the 71st General Assembly. In total, 784 bills were introduced. The Colorado Association of RELATORS® (CAR) tracked 80 bills this year and the Legislative Policy Committee (LPC) took a position on 46 of them. The split legislature this year with Republicans controlling the Senate and Democrats...
Record housing prices continue their pace across the state as homebuyers weigh a growing list of market factors ENGLEWOOD, Colo. – May 10, 2018 – With a solid seasonal bump in the number of new listings both in the Denver metro area and many markets across the state, hungry homebuyers continued to gobble up properties while others sit and monitor a...
The housing market is improving for Montezuma County as house sales have increased. A good economy and high rental rates are pushing citizens of this area to consider buying a house versus renting. “Rent is pretty tough around here, and rent amounts are high, and so buying is a much better option for people,” To read the Full Article Click HERE...
The Denver housing market is experiencing an uphill battle from cash buyers to appraiser shortages. Current statistics reflect the struggle that is unfolding in the market. "The story of homeownership is one of riding these waves – the highs and the lows – all the while knowing that the house always wins, no matter who’s dealing the cards…even if it needs to be...