Mid-Session Update With a little over a month left in the legislative session this year, we want to take some time to update you on the progress of the bills we have been monitoring. The Legislative Policy Committee has reviewed 57 bills and has taken a position on 25 of them. We are in SUPPORT on 15, NEUTRAL on 5, and...
SB 177- Construction Defects Passes First Senate Committee After a long afternoon with over 7 hours of testimony, SB 177 passed out of the Senate Business, Labor and Technology Committee by a vote of 6-2 with one excused. We would like to thank these senators for their votes in favor of this much needed legislation: Committee Chair Senator David Balmer, Committee...
Tell your legislators to Support SB177! Urge your State Legislators to SUPPORT SENATE BILL 177—Fix the Defect in Colorado’s Construction Law A big hurdle to building more entry-level housing is a defect in state law that exposes homebuilders and homeowners to a high risk of expensive, time-consuming litigation. It is referred to as the construction defects law. It has created a climate...
Senate Bill 177- Construction Defects We expect CAR SUPPORTED SB 15-177 to be calendared within the next week or so in the Senate Business, Labor and Technology Committee. Because of this, we urge you to continue to share the Call for Action. Communicating our positions with our legislators is a vital component in representative democracy, and participating in this Call for Action is...
CALL FOR ACTION- Support Senate Bill 177 We still need participants in the Call for Action to urge your State Legislators to SUPPORT SB15-177, HOA Construction Defect Lawsuit Approval Timelines. If you did not receive this email, or you would like to be able to forward this alert to your colleagues/clients/etc., please click here. CAR is a member of the Homeownership Opportunity...
REALTOR® Day was a success! Thank you so much to everyone who attended REALTOR® Day at the Capitol this past Tuesday. We had over 200 attendees from across the state, and had a very successful day speaking with our legislators. We'd like to thank special guest US Senator Cory Gardner for being our speaker. We would also like to extend...
Construction is once again revving up across Colorado. This should be a welcomed sight for Colorado’s economy, for REALTORS® and part of the answer to our states low affordable housing inventory. Unfortunately this is not the case. The condo market continues to lag due to construction defects, subsequent litigation and extraordinarily high insurance premiums that make it less appealing to...
Colorado’s housing market is booming. Affordably priced homes are receiving multiple offers over asking price within hours of being listed. Why, then, are there no new builds of affordably priced condominiums and townhomes? CONSTRUCTION DEFECTS. Builders and developers have been scared away from developing in Colorado due to the current construction defects laws. Homebuilders and homeowners have a high risk of expensive,...
SOLD OUT! REALTOR® Day at the Capitol: Tuesday, February 17th 2015 REALTOR® Day at the Capitol is SOLD OUT. We will be having no on-site registration for this event. For our attendees, we are looking forward to seeing you Tuesday morning. We will begin with an optional morning program where you can observe the House or Senate floorwork at 9AM. Lunch...
LAST DAY for Pre-Registration Pricing! REALTOR® Day at the Capitol: Tuesday, February 17th Today is the LAST DAY to register at the $55 rate. Tomorrow, registration costs increase to $65. We are selling out quickly, and will most likely not have any on-site registration, so please don’t delay! Don't miss the 2015 REALTOR® Day at the Capitol on Tuesday, February...