HB 1279 “Construction Defect Actions Notice Vote Approval” CAR Position – Support. This bill passed the legislature and will be signed by the Governor next week, which is a major win for CAR. HB-1279 focuses informed consent and does nothing to stand in the way of individual owners who have a legitimate construction issue fromContinue reading “Colorado Association of REALTORS: Legislative Update”
Tag Archives: economy
Nation: Why Home Ownership Matters
According to a study funded by the National Association of REALTORS® the for-sale housing industry is a key component of the gross domestic product (GDP), and an important driver for the overall economy. Since 1959, total housing-related spending, including both owners and renters, accounted for an annual average of 18.9 percent of GDP, and anContinue reading “Nation: Why Home Ownership Matters”
Nation: Senate Commerce Hearing on Drones
On Wednesday, March 15, the Senate Commerce, Science, & Transportation Committee held the hearing “Unmanned Aircraft Systems: Innovation, Integration, Successes, and Challenges.” The hearing focused on the industry growth seen since the FAA released its rule on Small Unmanned Aircraft Systems (UAS), which went into effect in August 2016, as well as areas in whichContinue reading “Nation: Senate Commerce Hearing on Drones”
Greeley: Road Tax Outperforming Expectations
Staff calculated the.65 percent Keep Greeley Moving tax passed by the voters in 2015 would generate $9.4 million in 2016. This, combined with $2.6 million from Food Tax revenue provide roughly $12 million annually for street projects. In fact, Greeley’s economy outperformed expectations, thus the 2016 revenue will be higher than $9.4 million when theContinue reading “Greeley: Road Tax Outperforming Expectations”
Longmont: LAR Supports Bond Measure
The Longmont Association of REALTORS® Board of Directors voted to support the St. Vrain Valley School District’s $260 million bond measure, also known as 3A. If approved, the revenues generated by the bond would pay for the construction of three new schools in the Erie/Carbon Valley area. The bulk of the funding would be allocatedContinue reading “Longmont: LAR Supports Bond Measure”
Boulder County: Boulder REALTORS® Support 3A
On October 19 the Boulder Area REALTOR® Association’s (BARA) Board of Directors voted to support Boulder Valley School District ballot measure 3A, a mill levy override. BARA’s position statement notes that a strong school district is good for the economy and an important factor in quality of life. The statement also criticizes the State, arguingContinue reading “Boulder County: Boulder REALTORS® Support 3A”
Greeley: Survey Will Help City Plan
According to the results of the City’s July community survey, most residents see the economy and quality of life as stable or improving. Most respondents are satisfied with the amount of growth in Greeley and the amenities the community offers. In an interesting twist, affordable housing and entertainment options were identified as lacking. One inContinue reading “Greeley: Survey Will Help City Plan”
Nation: Student Loan Debt Hurting Home Sales
Senator Elizabeth Warren, who could be Hillary Clinton’s Vice President nominee, told Realtors in Washington, DC she is tackling the student loan debt with the introduction of “The Bank on Students Emergency Loan Refinancing Act,” S. 2432, which would help make repayments more manageable by allowing borrowers to refinance student loans. She is a memberContinue reading “Nation: Student Loan Debt Hurting Home Sales”
Colorado: Study Says Middle Class Shrinking in Colorado
According to the Pew Research Center, middle-income households are declining in Colorado. Middle-class households in the Denver area decreased from 58 percent in 2000 to 53 percent in 2014. Lower income households increased by four percentage points during that same time. Pew researchers note the decline took place in all five Colorado metropolitan areas, includingContinue reading “Colorado: Study Says Middle Class Shrinking in Colorado”