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,...
Congratulations to our Great RPAC Giveaway Winners! $1200 to the Broadmoor for a Spa or Golf Getaway- Deborah Ludvik $150 Visa GiftCard- Janene Johnson $150 Visa GiftCard- Marion Steed $200 Visa GiftCard- Christopher Schack $250 Visa GiftCard- Wynne Palermo $30 Starbucks GiftCard- Hank Poburka $100 Nordstrom GiftCard- Michael Brossmer $100 Nordstrom GiftCard- Christopher Doyle CTME Contracts 1-year Subscription- Joan Cox 2-night Stay at Westin Snowmass- Cindy Blach $100 Shell GiftCard- Marjorie...
The housing market is starting to show some improvement after a slow start to the year, but home sales likely will still likely be shy of 2013 numbers, according to Fannie Mae’s June 2014 Economic Outlook, released this week. "Home price improvements have contributed to consumers’ household wealth, but overall growth in the housing market pulled back in the first quarter, with major...
Student loan debt is a growing concern for REALTORS®, because of its impact on household formation. What is NAR doing to address the issue of growing student debt? NAR's 2014 President, Steve Brown explains in his latest video. Original post here. ...
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 A. All of the DIY (Do It Yourself) shows transform boring and outdated homes to modern, contemporary and appealing homes right before your eyes.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...
Register for Convention early for more chances to win your very own blue bear! Winners are randomly chosen from Convention registrants every 2 weeks to appear in the CAR eNews from now until Convention begins! What are you waiting for? Whether you're an official blue bear winner for the 2014 CAR Convention or not, take a photo of you with a blue...
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...
We are pleased to announce that Alan Lovitt has been elected as the 2015 Chairman-Elect. Congratulations Alan! ELECTION RESULTS: Chairman of the Board: David Barber. Chairman-Elect: Alan Lovitt. Treasurer: Barbara Asbury. DISTRICTS: Metro District Chair: Deborah Conner. Metro District Chair-Elect: Nancy Griffin. Mountain District Chair: Jill Masters. Mountain District Chair-Elect: Molly Eldridge. Northwest District Chair: Michelle Martinez. Northwest District Chair-Elect: Debbie Laity. Northeast District Chair: Terry Lee. Northeast District Chair-Elect: Francie Martinez. Southwest District Chair:...
At the most recent Colorado Real Estate Commission meeting held on June 3, 2014, the Commission adopted Commission Position CP-44 regarding advertising properties as "coming soon" to the market. CP-44 outlines a broker's obligation to exercise reasonable skill and care when advising a seller or landlord of the advantages or disadvantages of different marketing methods. Further, the manner in which the...
This past Friday, CAR presented Commissioner Barbara Kirkmeyer with an RPAC check and our endorsement in the Congressional District 4 Republican Primary. Commissioner Kirkmeyer aligns with REALTORS® on key legislative issues, including safeguarding the Mortgage Interest Deduction, streamlining the short sale process, prudently reforming the secondary mortgage markets, and preserving FHA to help American families obtain affordable mortgage financing. Keeping...