Senate Bill 18-015: Protecting Homeowners And Deployed Military
SB18-015, sponsored by Senator Gardner (R-Colorado Springs), Senator Hill (R-Colorado Springs), Representative D. Williams (R-Colorado Springs), and Representative Liston (R-Colorado Springs), allows a property owner to remove an unauthorized person from a residential property within two court days on a county court motion for temporary mandatory injunction. The rightful property owner is subject...
Despite a 39 percent increase in new listings in March, inventory issues continue to dominate housing discussions statewide as Denver Metro Area sees new price records
ENGLEWOOD, Colo. – April 11, 2018 – With signs of new life popping up across the Centennial state, many REALTORS® find themselves wishing they’d see available inventory pop up again as they continue facing record-low...
This week at the legislature - Colorado State Budget
Over the past two weeks, legislators have been debating the "long bill," otherwise known as the budget, to fund state government operations. Colorado law requires legislators to balance their budget every year. This year, lawmakers had a $1.3 billion surplus to allocate for the general fund spending priorities and discretionary legislation from introduced...
DENVER (March 30, 2018) – With the recent news in Denver about deeds, covenants and titles related to affordable homes, the Colorado Division of Insurance, part of the Department of Regulatory Agencies (DORA), offers the following insights to unveil some of the mysteries that surround Title Insurance.
“Unlike other forms of insurance like health, homeowners or auto, Title Insurance is unlikely to be...
Senate Bill 18-001: Transportation Infrastructure Funding
SB18-001, sponsored by Senator Baumgardner (R-Grandby), Senator Cooke (R-Greeley), and Representative Buck (R-Windsor) is the major transportation funding vehicle this legislative session. Last week a major compromise was reached that would allow for annual funding of transportation up to $250 million a year and it delays this referred measure to the 2019 ballot for Colorado...
Senate Bill 18-015: Protecting Homeowners And Deployed Military
SB18-015, sponsored by Senator Gardner (R-Colorado Springs), Senator Hill (R-Colorado Springs), Representative D. Williams (R-Colorado Springs), and Representative Liston (R-Colorado Springs), allows for the removal of an unauthorized person from a residential property within 24 hours based on an affidavit from the true property owner. The rightful property owner is subject to the...
House Bill 18-1261: Colorado Arbitration Fairness Act & House Bill 18-1262: Arbitration Services Provider Transparency Act
HB18-1261, sponsored by Representative Weissman (D-Aurora), establishes ethical standards for arbitrators, including that an arbitrator must perform their responsibilities without bias. This bill also specifies that any party may challenge in court the neutrality of an arbitrator or an arbitration service provider, and it requires specific...
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 18-1195: 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 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 an actual project...
The housing market continues to tighten across the state as Pueblo, Colorado slowly increases month over month for median sales price and average sales price. The inventory of for sale homes has decreased from 1.7 months supply in December to 1.6 in January.
For more information and to read the whole story from The Pueblo Chieftain by Dennis Darrow click HERE...
