Dear Members,Your Colorado Association of REALTORS® (CAR) Leadership Council and Board of Directors have heard from many of you, our members, who have asked CAR to address the March 15th announcement by the National Association of REALTORS® (NAR) of an agreed settlement with the class action plaintiffs.The NAR settlement represents a very significant development for REALTORS® throughout the country. If...
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...
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...
House Bill 18-1195: Tax Credit Contributions Organizations Affordable Housing
HB18-1195, sponsored by Representative Pabon (D-Denver) and Senator Tate (R-Centennial), provides a state income tax credit for contributions to nonprofit organizations and Housing Authorities engaged in the new construction of affordable housing for homeownership of at least 120% Average Median Income. The donation by an individual or organization must be tied to...
Make a difference in a local neighborhood on Real Estate Industry Work Day with Extreme Community Makeover who is hosting this great event! Real Estate Industry Work Day will be Tuesday, June 5, starting at 9:00 am.
Volunteers will be helping with exterior home or neighborhood improvement projects that will be identified as the event nears closer. We encourage everyone to get a group together as...
SCR18-004: Congressional Redistricting and SCR18-005: Legislative Redistricting
With a 2020 census right around the corner set to give Colorado an eighth Congressional seat, there is a widespread belief among leaders in both parties and from advocates for unaffiliated voters that Colorado's redistricting and reapportionment processes must be reformed to increase the competitveness of legislative and congressional seats. The following Senate Concurrent...
House Bill 18-1199: Aquifer Storage and Recovery Plans
HB18-1199, sponsored by Representative Catlin (R-Montrose), and Representative McLachlan (R-Durango), and Senator Coram (R-Montrose), authorizes a person to apply to the Ground Water Commission for approval of an aquifer storage-and-recovery plan. This legislation also requires the Ground Water Commission to promulgate rules governing the application process and the requirements that an aquifer storage-and-recovery...
