Tomorrow Durango City Council will vote on an ordinance to protect developers over its own homeowners in yet another misguided bid to stimulate condo construction. Council members will decide whether to protect homeowners – or stack the deck in favor of bad-acting developers who don’t build quality homes. A renter-driven real estate market nationwide slowed
Imagine for a moment that you start experiencing problems with the condo you saved up for years to buy. The stucco is cracking, water leaks through the roof, and the windows and sliding glass doors are faulty. Repairs could cost over $30,000. Then you start hearing that neighbor after neighbor is going through the same
Yesterday the legislative session ended but our work continues. It’s been a hard few months advocating for homeowners’ rights, but our fight isn’t over. It’s simple for us: homeowners deserve to live in safe, well-built homes. When someone unknowingly buys a home with shoddy construction, s/he should have the option of a fair jury trial
So what is a construction defect anyway? How is it different from the normal wear of a home? And why should builders and developers be held accountable for their work? Defining construction defects legally can be pretty tricky. Even though nearby states like Arizona and Nevada specify what constitutes a construction defect, Colorado law doesn’t.
by Build Our Homes Right Homeownership is important to Coloradans, and no one should have to live in a home that is defective or unsafe. Every day some home buyers making the largest purchase they will ever make are forced to sign away their right to hold big developers accountable if they do shoddy work.
The following is a guest blog by Christine Alonzo, Colorado Latino Leadership, Advocacy and Research Organization/CLLARO Executive Director. Latinos beware: Influential people in our city are trying convince us to support construction defect legislation as a way to increase affordable housing. Don’t be fooled – these measures could actually end up bankrupting families who can least
by Patricia L. Pacey, president of Pacey Economics, Inc. Market forces are the reason for limited condominium construction activity in Colorado – not construction defect laws.Pacey Economics conducted rigorous research into the Denver metro area housing market. This data-intensive – not anecdotal – study showed that classic economic conditions explain the current condo construction situation.
The 2016 Colorado legislative session started yesterday. It felt a lot like the first day of school after summer vacation – legislators and lobbyists all aflutter with high hopes and big goals for the year. I can’t say I feel the same enthusiasm for the new session. As Build Our Homes Right chairman, I am
The University of Colorado at Denver is hosting a panel on affordable housing in Colorado, this Friday, December 4th. The description of the panel states: How can we build more affordable housing for these different sectors? Will recent efforts in Denver make a difference? Is the “construction defect” mandate a significant challenge for creating affordable condominium
“I’m mad as hell and I’m not going to take it anymore!” Cities around the metro-Denver area are introducing and passing dangerous construction defect ordinances faster than I can even count. This is bad news for buyers of new homes who expect developers to either build their home right the first time – or to