Public Affairs Update

Public Affairs Update…………………….……………………………………..April 25, 2018

  • NAR Comments on Appraisal Waiver
  • Meeting the Challenges of Inventory Shortage
  • Better Boulder offers the following position on proposed changes to Boulder’s ADU ordinance
  • Invest in RPAC
  • Pizza & Public Affairs Wednesday May 2, 2018 Noon to 1:00pm at BARA
  • In Case You Missed It


NAR Comments on Appraisal Waiver

On April 6, 2018, NAR submitted a comment letter to the Appraisal Subcommittee (ASC) concerning Tri-Star Bank's request for appraisal relief in the Nashville area and surrounding counties. NAR recognizes that true failures in the housing market sometimes require drastic government intervention. However, NAR does not feel that the request made by the Bank for a waiver of appraisal requirements for commercial Federally Related Transactions (FRT) demonstrates the type of market failure that would warrant extreme remedies. NAR was primarily concerned with errors in the data presented by the Bank and the remedies proposed by the Bank, including the use of REALTORS® to prepare valuations that would go against NAR's Responsible Valuation Policy. 

NAR's Comment Letter to the Appraisal Subcommittee [Source: NAR Update 04-17-2018]


Meeting the Challenges of Inventory Shortage

A new study analyzes the ongoing problem of low housing supply and explores what can be done to alleviate it. Here’s what they found. » READ MORE [Source: 04-18-2018]


Better Boulder offers the following position on proposed changes to Boulder’s ADU ordinance

We support expanding access to granny flats and backyard cottages as an important step we can take to make Boulder a more welcoming, inclusive, and climate friendly community. These units will allow more people to live close to where they work, help the elderly age in place, provide affordable rental units in neighborhoods that are otherwise only available to the wealthy, and can help homeowners with their expenses.


Boulder’s existing rules are uniquely restrictive. They should be made much simpler, and should be designed to encourage and facilitate more ADUs and OAUs. Boulder’s rules allow far higher impact giant homes by right; we should make lower impact lifestyles as easy as high impact lifestyles.


The ordinances changes drafted by staff are a good starting point, and help to remove some of the barriers that have discouraged ADUs and OAUs in the community. We support the proposed changes with the following modifications:


Invest in RPAC

The purpose of RPAC is to support candidates that support REALTORS®.  Our goal is to elect pro-REALTOR® candidates at the local, state, and federal levels - candidates that share our support for homeownership, protect property rights, and who will listen to our concerns. Investing in RPAC is one of the easiest things you can do to protect your business. Our goal in 2018 is to raise $630,000 to continue to support Colorado's REALTOR® champions and ensure we achieve the policy outcomes necessary to protect property rights. Click here to invest today! [Source: Capitol Connection 04-20-2018]


Pizza & Public Affairs Wednesday May 2, 2018 Noon to 1:00pm at BARA

Guest Speaker:

Ml Robles, Principal Architect, Studio Points Architecture +research

In 1984 I cofounded Studio Points as a research-based architecture studio dedicated to making extraordinary built environments. I am now focused on making small houses that fill every ambition I have ever held for Architecture: beauty, sustainable, land-based and so much more to create good living and well-being.” ml Robles