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...
Project Wildfire is a REALTOR® initiative designed to reduce and/or prevent the destruction of land, property and lives by raising awareness and educating residents throughout our state. We are working in partnership with other like-minded fire prevention organizations across our state to bring education and awareness, as well as access to resources directly to residents in their communities. Colorado REALTORS® continue...
Millennials. Many were raised during the housing crisis and the recession. Their childhood experiences in a down market has shaped their outlook on home ownership. At least, that was the prevailing belief. A few years ago, it looked as though the millennial generation was rather uninterested in buying a home. In 2013, NAR was releasing reports showing a gradual, year-to-year, conspicuous...
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...
Tomorrow, REALTORS® have the opportunity to exercise one of our greatest constitutional rights – the right to vote. In elections at the local, state and national levels, REALTORS® have the opportunity to make a difference in determining the future direction of our great country. Electing candidates who understand the importance of homeownership, real estate investment and property rights will help ensure...
The Federal Reserve Bank of New York (FRBNY) released new evidence on the relationship between student loan debt and home ownership. It essentially states that student debt now exceeds aggregate auto loan, credit card, and home-equity debt balances—making student loans the second largest debt of U.S. households, following mortgages. Click here to learn more about the study. ...
Q. While remodeling your home can save you money, the real question is, does it translate into higher resale value? A. All of the DIY (Do It Yourself) shows transform boring and outdated homes to modern, contemporary and appealing homes right before your eyes. The one thing you must keep in mind is that just because you think your remodeling looks...
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...