Well,how did we do in 2012? I have wrapped up the highlights of 2012 in this short report full graphs and numbers. It includes information on the legislation front; rental market in Metro Denver, various vacancy rates by markets & dwellings, rent survey; Unemployment figures; Hiring; Home sales &Prices; new homes; and supply of homes on the market. Enjoy. 2012WrapUp
Continue Reading →Single filers can exclude from their income up to $250,000 and married couples up $500,000 of gains from the sale of the primary home meeting the time-test. The seller(s) must have lived in the house 2 years out of 5 years prior to the sale. The 2 years does not have to be consecutive. There are other rules and exceptions…
Continue Reading →The senate, this week, passed H.R. 4 repealing the extended 1099 reporting law that had passed in 2010. The 2010 law was requiring, among other requirements, that the landlords to file 1099 for anyone who had provided services of $600 or more. http://speakingofrealestate.blogs.realtor.org/category/property-management/ NAR Briefing on the Extended 1099 Reporting
Continue Reading →Senate Bill 11-234 would ban private real estate transfer fees, which have been added to homeowner association covenants during the development phase to fund an investment scheme cooked up by Manhattan-based Freehold Capitol Partners. The covenants are set up to require that a percentage of the sale price of a home be paid to a private 3d party every time…
Continue Reading →2-day discussion on how medical marijuana is grown and sold. See Daily Camera article.
Continue Reading →Effective 1/1/2011 all rental property owners in the City of Westminster must register with the city and obtain a rental license.This registration must be completed by March 1, 2011. There are restrictions, licensing fee, and inspection fees applicable.
Continue Reading →HB-1278 – All Homeowners Associations governed by CCIOA (Colorado Common Interest Ownership Act) must, annually, register and pay the required fees, with the Colorado Department of Regulatory Agencies Division of Real Estate. This bill is effective 1/1/2011. All registrations must be completed online prior to March 1, 2011. The registrations must be renewed annually. An association is exempt from the…
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