Colorado Association of REALTORS | September
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September 2014

The Convention Experience, By Leanne Goff

As my third year of CAR convention approaches I reflect on my first year and doors that have opened to me since getting involved. That first time that I took the drive to Denver to see what convention was all about was admittedly a bit overwhelming. I was like a deer in the headlights! There were so many organizations, affiliates,...

Study links Student Loan Debt to Homeownership

The Federal Reserve Bank of New York (FRBNY) released new evidence on the relationship between student loan debt and home ownership. It essentially states that student debt now exceeds aggregate auto loan, credit card, and home-equity debt balances—making student loans the second largest debt of U.S. households, following mortgages. Click here to learn more about the study.  ...

Drones in Real Estate- Good or Bad Idea?

The National Association of REALTORS thinks it is a bad idea.  The FAA is developing a regulatory framework that would integrate UAVs into the national airspace, while ensuring safety, privacy and national security. Given the current FAA prohibition, the National Association of REALTORS® recommends that its members not use this technology for any purpose related to selling property.   http://www.bostonglobe.com/business/2014/09/20/realtors-weigh-drone-rules/tzV4V2ahtKnfQtdnNB2dQN/story.html...

CHFA Public Hearing for Low Income Housing Tax Credit Plan

Colorado Housing and Finance Authority (CHFA) will hold three public hearings in Colorado regarding the Low Income Housing Tax Credit Allocation Plan (the Plan) for the year 2015. The 2015 QAP will guide CHFA’s allocation of both the federal and state Low Income Housing Tax Credits. The purpose of the hearing is to receive input on the Plan and to...

2014 Leadership Academy Graduates to be Recognized

2014 Leadership Academy Graduates to be recognized at Annual Convention CAR reintroduced a new and improved Leadership Development Program in 2014 to provide an elite group of 20 of our state and local association leaders with tools to strengthen our associations and our role within the real estate industry.   Learn more about their experience here (link to below article).  CAR will...

Oliver Frascona Celebration of Life Set

Oliver Frascona, senior shareholder of Frascona Joiner Goodman law office, was one of the five individuals killed in a plane crash Sunday, August 31, 2014 in Erie, Colorado. Many have felt this tragic loss and have shared what he meant to his family, friends, REALTOR organizations and the real estate industry as a whole. Frascona, Joiner and Goodman will be hosting a Celebration of Oliver’s Life gathering Sunday, October 26, at the...

FHA Ends Post-Payment Penalties

Daily Real Estate News | Monday, September 08, 2014 The Federal Housing Administration is overhauling a long-held policy of charging extra interest payments on loans it insures to borrowers who have already paid off the principal debts on their mortgages. FHA has permitted its lenders to charge borrowers a full month of interest when they sell or refinance a home, even if...

2014 Leadership Academy Graduates to be Recognized at Annual Convention

Effective REALTOR® Associations require visionary leaders who can anticipate the existing and future needs of the Association.   The Colorado Association of REALTORS® reintroduced a new and improved program in 2014 seeking 20 Colorado REALTORS® to groom and refine their leadership skills to be the kind of leaders our state and local associations need to be relevant in the real estate...

Colorado REALTOR Family Loses Another Leader

Ken Weedin, CAR’s 1974 past president and 1976 REALTOR® of the Year died Tuesday, September 2nd at the age of 91.  He was a pillar of the Loveland business community since 1956.  Ken was a REALTOR® over 50 years and owned Re/Max of Loveland for 20 of them. Lawrence Weedin said his father sold his last house as a REALTOR®...