Despite a 39 percent increase in new listings in March, inventory issues continue to dominate housing discussions statewide as Denver Metro Area sees new price records ENGLEWOOD, Colo. – April 11, 2018 – With signs of new life popping up across the Centennial state, many REALTORS® find themselves wishing they’d see available inventory pop up again as they continue facing record-low...
This week at the legislature - Colorado State Budget Over the past two weeks, legislators have been debating the "long bill," otherwise known as the budget, to fund state government operations. Colorado law requires legislators to balance their budget every year. This year, lawmakers had a $1.3 billion surplus to allocate for the general fund spending priorities and discretionary legislation from introduced...
DENVER (March 30, 2018) – With the recent news in Denver about deeds, covenants and titles related to affordable homes, the Colorado Division of Insurance, part of the Department of Regulatory Agencies (DORA), offers the following insights to unveil some of the mysteries that surround Title Insurance. “Unlike other forms of insurance like health, homeowners or auto, Title Insurance is unlikely to be...
The Denver Metro housing market has seen a lack of inventory and Your Hub discusses some of the important factors that residents should be considering. For example, whether the housing market is in a bubble an how the millennial generation is making an impact. Read the Full Story HERE...
Senate Bill 18-001: Transportation Infrastructure Funding SB18-001, sponsored by Senator Baumgardner (R-Grandby), Senator Cooke (R-Greeley), and Representative Buck (R-Windsor) is the major transportation funding vehicle this legislative session. Last week a major compromise was reached that would allow for annual funding of transportation up to $250 million a year and it delays this referred measure to the 2019 ballot for Colorado...
Senate Bill 18-015: Protecting Homeowners And Deployed Military SB18-015, sponsored by Senator Gardner (R-Colorado Springs), Senator Hill (R-Colorado Springs), Representative D. Williams (R-Colorado Springs), and Representative Liston (R-Colorado Springs), allows for the removal of an unauthorized person from a residential property within 24 hours based on an affidavit from the true property owner. The rightful property owner is subject to the...
House Bill 18-1261: Colorado Arbitration Fairness Act & House Bill 18-1262: Arbitration Services Provider Transparency Act HB18-1261, sponsored by Representative Weissman (D-Aurora), establishes ethical standards for arbitrators, including that an arbitrator must perform their responsibilities without bias. This bill also specifies that any party may challenge in court the neutrality of an arbitrator or an arbitration service provider, and it requires specific...
Flood and wildfire season is approaching. You should know your risks and make your plans to improve you outcomes. The National Weather Service wants everyone in the the United States to be part of a Weather-Ready Nation. Colorado has more than its fair share of floods, flash floods, and wildfires. You should be weather alert and weather-ready, knowing how to stay...
The housing market continues to tighten across the state as Pueblo, Colorado slowly increases month over month for median sales price and average sales price. The inventory of for sale homes has decreased from 1.7 months supply in December to 1.6 in January. For more information and to read the whole story from The Pueblo Chieftain by Dennis Darrow click HERE...
Its active inventory is By Matthew Leprino It seems you can’t open a social media app or tune into local news without hearing about the lack of options for homebuyers these days. Denver is facing big city problems as it continues to grow into that role. Along with pressure on developers to turn over quality products – and quickly – the prices, oh,...