Results for: marijuana

As Illinois Legalizes Marijuana, CAR’s Scott Peterson and Liz Peetz Discuss Its Impact on Colorado Real Estate

On Jan. 1, 2020, Illinois will join a growing list of U.S. states where it is now legal to sell and consume marijuana. As the state moves towards implementation, REALTORS® in Illinois have been asking how legalization will affect the real estate industry in Illinois. CAR’s General Counsel Scott Peterson and VP of Government Affairs Liz Peetz recently spoke with...

Marijuana Real Estate Expo Coming to Denver

Colorado voters decided to legalize recreational marijuana nearly seven years ago, but real estate agents as well as property owners (and would-be property owners) are still trying to figure out how it affects them. Some are scared, some are confused — but almost all of them need guidance, according to the Greater Denver Chapter of the Institute of Real Estate Management....

Marijuana Side Effects on Colorado Housing

Kelly Moye, a CAR spokesperson and a real estate broker at RE/MAX Alliance in Bloomfield, Colo. spoke with National Mortgage News about her views on the impact of the legalization of marijuana on the real estate market.  According to Kelly Moye, “we can see that it has absolutely affected our market”.   Data shows that the legalization of marijuana initially affected the...

HB-1220 – Prevent Marijuana Diversion To Illegal Market

HB-1220 – Prevent Marijuana Diversion To Illegal Market       HB-1220 places limits on the number of marijuana plants that can be possessed or grown on a residential property to 12. Large residential marijuana grows and the manufacturing operations they often bring with them have many consequences, including obvious health and safety concerns, an increase of both human and...

Marijuana has Lit up Denver Real Estate

Denver had the second largest increase in annual homes prices with statistics showing this increase at 10%.  This major increase on home prices and the lack of inventory are due to the legalization of marijuana in 2012. “The pot industry is creating jobs we didn’t have before,” said Kelly Moye, a Re/Max real estate agent who has worked in the...

Can You Just Say No to Marijuana?

Marijuana is becoming legal in more states, which may make it tougher for landlords seeking to enforce their own bans. As the movement to legalize marijuana blazes through the nation, landlords and building managers may be wondering whether the right to ban the drug from their properties is going up in smoke. The truth around the issue is a bit...

Will Recreational Marijuana Affect Real Estate?

It’s all over the news and impossible to ignore: Colorado has legalized recreational marijuana. USA Today recently published a story about how joint-rolling and Dorito eating are among anticipated pot-themed contests at the Denver County Fair in August. It seems Colorado has become the butt of a few jokes the last few months. No matter where your personal opinion lands...

Capitol Connection – February 22, 2022

Legislative Advocacy this Week at the State Capitol CAR is Working to Improve State Legislation HB22-1007: Assistance Landowner Mitigation. The Colorado Association of REALTORS (CAR) is now in SUPPORT position after we received specific amendments to make the bill better by continuing the wildfire tax credit for individual landowners as an important part of the multi-pronged solution to address wildfire...

CAR Government Affairs Staff Examines How Communities Are Tackling Housing Affordability

CAR Vice President of Government Affairs Elizabeth Peetz and Government Affairs Manager Bridget Garcia authored an article for the November 2019 issue of Colorado Lawyer in which they discuss how states, including Colorado, are addressing the challenges of affordable housing. As Peetz and Garcia note, states have used a variety of innovative funding sources for affordable housing, which include: Marijuana...

Governor Polis Signs Affordable Housing Bills

Affordable housing concerns tops the list of priority issues for many Coloradans. Colorado REALTORS® collaborated with diverse stakeholders throughout the 2019 legislative session to make significant strides that focused on short- and long-term housing solutions for communities across our state. ### ### On May 17, 2019, with Colorado REALTORS® in attendance, Governor Jared Polis signed a series of affordable housing bills. Descriptions...