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Speaker Duran sings same old song on Construction Defect Reform,
Blasts business leaders, builders, and mayors
Construction defect litigation reform talks have become so troubled that conversations may stall, House Democrats said Wednesday.

Rep. Alec Garnett and House Speaker Crisanta Duran, both from Denver, placed blame at the feet of developers, business leaders and local government officials.

“It’s too bad legislative leaders are suggesting that it’s time to call off the dialogue with our group. We have fundamental disagreements on a small number of issues that we remain hopeful can be resolved. When viewed against the backdrop of last year, however, and the year before that, one does have to wonder if the status quo is just too attractive for folks to let go of,” said Mike Kopp, a former state senator who is president and chief executive of the business group Colorado Concern, which is a member of the Homeownership Opportunity Alliance Coalition. Read the full article... Read more...

The Home Builders Association of Metro Denver (HBA) announced today that its hallmark event, the Parade of Homes, is returning for its 32nd year. The 2017 Parade will be held August 10 – Labor Day (September 4). The free event features new and never-lived-in homes throughout the Denver metropolitan area and is a wonderful opportunity for potential home buyers and anyone interested in home remodeling and design to get new ideas and inspiration.

With a growing number of attendees every year, the Denver Parade of Homes has established itself as the must-see home showcase summer tradition. The 2016 Parade featured 62 homes and drew more than 100,000 visitors. Visitors expected to attend the 2017 Parade will discover unique homes and floor plans, the latest in interior design trends and exterior finishes and outdoor living, and landscaping that will inspire. This year’s show will showcase a wide-range of new homes, from no-maintenance townhomes and paired homes to custom built, high-end luxury, state-of-the-art homes - all for sale along the Front Range. ... Read more...

Colorado desperately needs construction defects reform but Senate Bill 45 is not the answer!
This bill will continue to block the construction of attainable housing in Colorado by stripping legal protections put into place by state law and adding another layer of litigation on already over-burdened courts.

This bill also puts the interests of insurance companies ahead of the insured.

SB 45 repeals popular, overwhelmingly bipartisan insurance reform passed seven years ago (with 91 yes votes, 4 no, and 5 excused) that requires, when there are multiple insurers, that they defend a notice of claim, reasonably investigate the claim and reasonably cooperate with the insured. It also prohibits insurers from withdrawing a defense or recovering defense costs from an insured unless specific conditions are met.... Read more...

'No entry level housing options': Report paints grim picture of Boulder County affordability
There's no affordable homes left in Boulder County. Looking to head east to the Carbon Valley? There's nothing left there, either.

That's according to a new affordability study out of Longmont, a joint effort of Amy Aschenbrenner, CEO of the Longmont Association of Realtors, and Kyle Snyder of Land Title Guarantee Company.

In the last three years, the number of single family homes for sale under $250,000 has dropped 72 percent, and the number of attached dwellings for less than $150,000 declined by 87 percent.... Read more...

Welcome Young Leaders Council (YLC)!
In December 2016 the Home Builders Association of Metro Denver launched the brand new Young Leaders Council (YLC), the first of it’s kind within the National Association of Homebuilders (NAHB). As the Denver HBA blazes a fresh trail, it’s already apparent that this innovative council will be making an impact for years to come.

The mission of the YLC is to promote, enhance, and support young leaders within the industry by: offering professional development resources, encouraging career development and... Read more...

Stay Up-to-date on Construction Defect Reform Efforts
See everything going on with the current Construction Defect Reform efforts! Follow the Homeownership Opportunity Alliance on Facebook and Twitter.

The Homeownership Opportunity Alliance is a coalition of affordable housing advocates, business leaders, mayors and economic developers. Learn more by following @Housing4CO on Twitter or Housing4CO on Facebook.... Read more...

HBF 2017 Blitz Build
The Home Builders Foundation is currently recruiting skilled Project Captains, crews, volunteers and applicants for its 2017 Blitz Build, taking place on August 24th, 25th and 26th , 2017. The Blitz Build is an annual event that brings together contractors, remodels and volunteers to build about 15 (possibly more!) ramps for individuals needing access to their homes. Even though the HBF builds ramps year-round, during the Blitz Build event they are able to build so many in just 3 days by mobilizing more than 200 volunteers to complete the work.... Read more...

SB 156 Construction Defect Reform UPDATE!
Chérie Talbert, HBA Senior Vice President
HBA's Chérie Talbert, Architect of
Construction Defect Reform
In a bipartisan show of support, the Colorado State Senate Monday moved SB 156, a comprehensive construction defects bill, forward towards a final senate vote.

The HBA of Metro Denver, lead by the lobbying efforts of Chérie Talbert, convinced 17 area cities to pass construction defect reform ordinances over the past two years. This lead to the bill, backed by the entire Metro Mayors Caucus and Homeownership Opportunity Alliance, a broad coalition that includes housing advocates and business leaders, that provides a common sense and balanced solution that protects consumers from faulty construction whiles also increasing diverse and more affordable options for home ownership.

“Everyone from seniors to young professionals to firefighters, teachers and other public servants are struggling to find homes they can afford,” said state Sen. Owen Hill R-Colorado Springs. “This bill helps provide hard-working Coloradans with the ability to build equity and take control of their financial future.”... Read more...

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