Colorado Association of REALTORS | June
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June 2014

Is Student Debt Impacting the Housing Market?

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.       ...

Move Inc. Operation Held for Ransom

This past weekend the Colorado Association of REALTORS® received news that Move, Inc. is the target of a person or group of people that is illegally generating massive amounts of Internet traffic and pointing it at their sites, including realtor.com and other Move corporate sites.  This amount of traffic makes their service unavailable to legitimate consumers and customers.  Move and law enforcement are working to determine...

Remodeling Cost vs. Value

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 A. All of the DIY (Do It Yourself) shows transform boring and outdated homes to modern, contemporary and appealing homes right before your eyes.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...

First Blue Bear Winner Announced

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 Update

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...

Alan Lovitt Elected as the 2015 Chairman-Elect

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:...

DORA Releases Position on Coming Soon Listings

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...

CAR Endorses Barbara Kirkmeyer in Primary

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...

Reach150 Prize Drawing Winner Announced

Sue Carmony, of Carmony Realty in Boulder, won the Reach150 prize drawing for $500 through random selection of participating members that have reached 3 or more recommendations. Congratulations Sue!   Have you had a chance to check out Reach150? CAR has partnered with Reach150 to help our members build a stellar online reputation through client testimonials. Setting up a free, new account and...