csrej - december

Vol.8 No.4 www.csrej.com December 28, 2015

WCR Holiday Auction

PAGE 2

Banning lewis Ranch Fall Realtor Rally

PAGE 5

HBA Holiday Party

PAGE 4 Mob

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(Bet

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PRSRT STDUS POSTAGEPAIDPERMIT 745 COLO SPGS CO

National News ........... Page 3Local News ............... Page 5On the Move ............. Page 9Local Expert ............. 0Around the Corner ...... Page 11

© Copyright National Association of Realtors. Reprinted with permission.

Sharon Ballinger

Sr. Loan Officer(719) 491-2500

[email protected] #347297

State Lic #100019804

ShannonLivingstonLoan Officer

(719) [email protected]

NMLS #1058406State Lic #100045193

MarianneElep TurnerLoan Officer


NMLS #231308State Lic #100029888

WillMichaloskiLoan Officer


NMLS #1058945State Lic #100044854

ChadDenny

Branch Manager(719) 331-2750

[email protected] #665068


DebbieHavens

Sales Manager(719) 380-1778

[email protected] NMLS #653845


Honest & Ethical Service from People You Know.5333 North Union Blvd. Suite 100, Colorado Springs, CO 80918

HELPFUL TIP: Check the license status of your mortgage broker at the Colorado Division of Real Estate’s website. Regulated by the Colorado Division of Real Estate, Corp NMLS #3113.

The 20 hottest home features right now

Freddie: 2016 rates to stay near record lows

Young adults fi nally fl eeing the nest

Must-have home features are constantly evolving. Aft er all, just a half century ago, shag carpeting in all hues – gold, orange, and purple – were all “in.” But what’s hot with home owners and buyers now?

Realtor.com® set out to fi nd out, evaluating what must-have home features are hot right now by analyzing mil-lions of listings at its site for the most commonly used phrases of home features.

The following 20 features were most often used in listings on Realtor.com® in 2015:

1. Fireplace (gas fi replaces were the leading type of fi replace mentioned)

2. Wood fl oor3. Carpet4. Granite counter5. Stainless steel appliances6. Open fl oor plan7. Walk-in closet8. Formal dining room9. Vaulted ceiling10. Open kitchen11. Tile fl oor12. Covered patio13. Finished basement14. Breakfast bar15. French doors16. Chef ’s kitchen17. Crown molding18. Central air19. Separate shower20. Garden tub

Th e millennial generation may fi nally be showing more signs of moving out of their parents’ homes and starting households of their own.

Th e number of home own-ers aged 25 to 34 has dropped by more than 250,000 in each year between 2007 and 2012. Since then, the number has dropped to less than 100,000, according to a new report re-leased by mortgage-backing giant Fannie Mae.

“In fact, the decline be-tween 2013 and 2014 was sta-tistically insignifi cant, the fi rst

indication of stability in the number of young home own-ers since the onset of the Great Recession,” Fannie Mae notes in its report.

While the number of 25-to 34-year-old home owners has been on a decline, that trend is likely headed to reverse soon, Fannie Mae’s points out.

Th e labor market continues to strengthen for this age group and the desire for home owner-ship is still strong. Only 12 per-cent of millennials rated home ownership as “not very impor-tant,” according to a Goldman

Sachs report published earlier this year. Nearly 70 percent said ownership was either “very im-portant” or “important” and 20 percent said they already owned a home or were in the process of purchasing one.

Fannie Mae’s report notes that homebuilders will need to build more to meet the demand coming from an up-swing in millennial buyers and adjust the “size, type, and geo-graphic location of new hous-ing construction.”


Mortgage rates edged slightly higher for the second consecutive week and follow-ing the Federal Reserve’s de-cision Wednesday to raise its short-term interest rates for the fi rst time since 2006.

"As was almost-universally expected, the Federal Open Market Committ ee of the Federal Reserve elected this week to raise short-term inter-est rates for the fi rst time since 2006,” says Sean Beckett i, Fred-die Mac’s chief economist. “We

take the Fed at its word that monetary tightening in 2016 will be gradual, and we expect only a modest increase in lon-ger-term rates. Mortgage rates will tick higher but remain at historically low levels in 2016.”

Freddie Mac reports the following national averages with mortgage rates for the week ending Dec. 17:

30-year fi xed-rate mortgages: aver-aged 3.97%, with an average 0.6 point, rising from last week’s 3.95% average. A year ago, 30-year rates averaged 3.80%.

15-year fi xed-rate mortgages: aver-aged 3.22%, with an average 0.5 point, increasing from last week’s 3.19% average. Last year at this time, 15-year rates averaged 3.09%.

5-year hybrid adjustable-rate mortgages: averaged 3.03%, with an average 0.4 point, holding the same average as last week. A year ago, 5-year ARMs averaged 2.95%.

1-year ARMs: averaged 2.67%, with an average 0.2 point, increasing from 2.64% last week. A year ago, 1-year ARMs averaged 2.38%.


2 www.csrej.com Colorado Springs Real Estate Journal December 28, 2015

Colorado Springs Real Estate Journal LLC 4655 Fencer Road, Colo Spgs, CO 80911

Director of AdvertisingRachelle Nardo

[email protected]

Director of PublishingJosh Olson

[email protected]

Colorado Springs Real Estate Journal LLC (CSREJ) is locally owned and operated out of Colorado Springs, Colorado. CSREJ is published once a month and distributed through US Mail to nearly all members of The Pikes Peak Association of Realtors® and The Colorado Springs Housing & Build-ing Association and many other industry-related professionals.

CSREJ is not responsible for any opinions or facts expressed by non-staff writers. CSREJ shall not be held responsible for any errors in advertising or editorial content.

Realtor® is a registered trademark. Some-times the word Realtor® or Realtors® will appear without the “®” symbol for the purpose of saving space. The registered trademark should be assumed if it is not present.

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Office: 719.439.0773Fax: 719.358.6657

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WCR HOliDAy AuCtiOn & lunCHEOnDecember 10, 2015 @ Colorado Springs Country Club

December 28, 2015 Colorado Springs Real Estate Journal www.csrej.com 3

National News

Greg Fowler 719-425-7042 [email protected] Colorado License Producer #390419

Rich Feasel 719-565-7487 [email protected] Colorado License Producer #92937

Shirlee Dobbs 719-640-9454 [email protected] Colorado License Producer # 143745

Greg Wolff, CTIS, NTP Vice President 719-459-9653 [email protected] Colorado License Producer #11530

Choosing the right title company DOESDOESDOES make a difference!

1277 Kelly Johnson Blvd., Suite 100 Colorado Springs, CO 80920

719-590-1711

361 W. Highway 24, Suite 100 Woodland Park, CO 80863

719-687-3081

Veronica Zak 719-602-0980 [email protected] Colorado License Producer # 482555

Thank you to our valued real estate community

for your business partnership.

Best wishes

for a prosperous New Year!

January is National Radon Action MonthThe U.S. Environmental Protec-

tion Agency has designated January as National Radon Action Month – a perfect time for you to protect your family by testing your home for ra-don. Winter is an especially good time to test your home for radon be-cause windows and doors are closed and families tend to spend more time inside where radon can be trapped.

Radon is a colorless, odorless, tasteless gas. It is also a class A car-cinogen and has been shown to cause cancer. Breathing a high concentra-tion of radioactive radon causes dam-age to delicate lung tissue. Some of the damage is not repaired by the body and over time, this damage can mutate into cancer.

Radon gas is everywhere. It is a gas that comes from radium, which is a chemical element found everywhere in the earth’s crust. Radon maps can show the general geographic areas that are likely to have high levels of radon in homes, but radon maps can-not predict the specific radon test result for any individual home. Test-ing is the only way to know if radon is present in your home. The U.S. Envi-ronmental Protection Agency (EPA) estimates that one in every 15 homes in the United States has a high level of radon.

ASHI is proud to announce a col-laborative effort among leading or-ganizations across the United States. These Organizations have designed a strategy to dramatically reduce the number of deaths from radon expo-sure. For more than two years, ASHI has worked with AARST, the Ameri-can Lung Association, U.S. EPA, U.S. Department of Health and others to produce the National Radon Action Plan (NRAP). The plan will empha-size the need for more home inspec-tors to perform radon testing across the country.

The EPA recommends that any dwelling or structure with a radon concentration of more than 4 pCi/L be remediated to lower the radon concentration. It is important to urge every buyer to test the home for radon, and your local Southern Colorado ASHI home inspector can perform this very important test to ensure buyers that their home does not exceed the recommended level.

Above article supplied by ASHI Southern Colorado. You can find a local ASHI (American Society of Home Inspectors) certified by visiting www.ASHI-SouthernColorado.org

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Banning Lewis Ranch and its com-munity builders hosted the Fall 2015 Golden Ticket Realtor Rally in No-vember. With more than 100 guests in att endance, Realtors and Builders were treated to savory cuisine and sweet treats from the ever-popular Garden of the Gods Gourmet. Th ree lucky Realtors were awarded cash bonuses, totaling $15,000 and nine walked away with high-end door prizes, including a coveted Apple Watch!

3rd Quarter Golden Ticket Realtor Rewards:• Kurt Clark – CS Properties

$2,500• Jim Beckham – Synergy Realty

Group - $5,000• Chris Anderson – First Premier

Realty Group - $7,500

Door Prize Winners:• Art & Debbie Debrito – Heart

Realty – Keurig• Deborah Elliot-Schultz – Mia

Bella Properties – iPad Mini• Randy Boaz – Sellstate – Beats• Wayne & Cindy Minks – Avenue

West Colorado Springs – TV• Julie Ryden – Merit CO Real

Estate – Fitbit• Kathleen Haines – Merit CO

Real Estate – Apple Watch• Ken and Sandy Wickham –

WickHome Realty – Best Buy Gift Card

• Max Brown – Max Brown Realty – Ninja

Each quarter, the developer hon-

ors Realtors by hosting a seasonal Realtor Rally where qualifying Real-tors are eligible to win $2,500, $5,000

or $7,500 in program bonuses. To qualify, Realtors must close on a new home in Banning Lewis Ranch the previous quarter. To date, Banning Lewis Ranch has awarded $45,000 in Realtor bonuses as part of the 2015 Golden Ticket Realtor Rewords Pro-gram. To learn more about the pro-gram and to RSVP for the Winter 2015/2016 Realtor Rally, please visit www.BLR-GoldenTicket.com.

Life is sweeter for Realtors in Banning Lewis Ranch

Hart named President of Aspen View Homes

Kevin Hart, a well known and re-spected Colorado Springs new home professional has been named Presi-dent of Aspen View Homes in South-ern Colorado and their northern Colorado Division (Horizon View Homes) by Randy O’Leary, owner of parent company, Desert View Homes.

“Formerly the Regional Manager for our Colorado operations, Kevin has been with us for years and we owe much of our Colorado successes to his leadership and guidance. His industry and community knowledge are second to none,” said O’Leary. “As one of the nation’s top 100 home builders, we recognize the impor-tance of having the best team in place to set direction and oversee sales and construction operations. Th ey just don’t get any bett er than Kevin!” O’Leary continued.

A veteran and a member of the Col-orado Springs Peak Producers, Kevin is active in the Housing and Building Association of Colorado Springs and numerous Colorado Springs organi-zations. And avid outdoor enthusiast and experienced diver, Kevin is the married father of four.

Have Somenews?

let us know!

[email protected]

Email:


Local News

“empowering our associates to make the difference”

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RE/MAX Properties, Inc. held a spectacular pancake breakfast in exchange for Th anksgiving dinner donations. It is incredibly heartwarming to see such an inspirational and passionate group giving back to their community! RE/MAX Properties, Inc. and other charitable donors are providing Th anksgiv-ing dinner to over 200 families in the Colorado Springs area.

RE/MAX Properties, Inc. is so thankful for our amazing agents, all the incredible clients that we are introduced to, and the ability to help families in need this holiday season!

RE/MAX Properties, Inc. held pancake breakfast for Thanksgiving donations

RE/MAX Properties agents hold appreciation eventRE/MAX Properties, Inc. agents Sarah McGarry and Phillip Martucci

held a client appreciation event over the weekend. Th eir clients gathered to-gether to enjoy wine, snacks, and each other’s company and left with a hearty pumpkin pie! What a perfect time to celebrate the appreciation these amaz-ing real estate professionals have for their clients!


Local News

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WCR Holiday Auction... a success!

The Colorado Springs HBA welcomes new leadership

By Bella McClellan, Freelance Photographer & JournalistPhotos: by Bella McClellan (Th e-Angel.net)

Once again Th e Pikes Peak Chapter Women’s Council of Realtor’s® pulled off a highly successful fundraiser! Gathered around tables of delicious food was the comradery of the corpo-rate sponsors and their guests, WCR members, and friends. With well over 140 people in att endance, the Colo-rado Springs Country Club was fi lled with laughter, joy, and networking in abundance. Th e Holiday Luncheon hosted both Live and Silent Auctions of wonderful surprises and fabulous gift s. Th e scene was set by the melo-dies of the Colorado Springs Youth Symphony Woodwind Quintet, and having pictures taken with Santa Clause under a beautifully decorated Christmas Tree.

However, this fundraiser was far more than just for the merriment of those in att endance. Th is year a portion of the proceeds will benefi t Th e Colorado REALTOR® Founda-tion (CRF). Th e mission of CRF is to aid individuals by funding Colo-

rado Nonprofi ts to ensure safe and aff ordable housing, education on home ownership, and support disas-ter relief. According to the website, www.coloradorealtors.com/crf, “Th e premise of the Colorado REALTOR® Foundation’s Housing Program is to fund Colorado Nonprofi ts that cre-ate and promote the availability of aff ordable, adequate, safe and decent housing to the citizens of Colorado. We also accomplish our mission by supporting education and research of housing issues, problems and oppor-tunities; and by engaging in activi-ties intended to enhance the ability of Colorado citizens to secure hous-ing and support the communities in which we live and work. We believe that everyone deserves the chance to have a home. We want to build this belief in all of the communities we touch.”

Of course, none of this would have been possible without the eff orts of WCR and its associates. Dawn Grubbs, current WCR President, wants to send a special “Th ank You!” to: Committ ee Chairs: Ruthie Loh-rig-Kline & Andrea Warner. Com-mitt ee Members: Ann Campbell,

Michelle Cohn, Marisol Izarry, Ann Kidd, Debbie Mauro, Melissa Mc-Caff erty, Gabriele Onofre, April Sal-laday, Linda Shierholz, Kathy Tutko. Auctioneers: Kevin Patt erson and Randy Reynolds. Corporate Spon-sors: Aspen View Homes, Blue Rib-bon Home Warranty, Closet Factory, Colorado Peak Real Estate, Corner-stone Home Lending, Inc., Criteri-um McCaff erty Engineers, Franklin American Mortgage Company, Gold Hill Mesa, Grubbs Realty, Heritage

Title Company, Land Title Guaran-tee Company, Legacy Title Group, Navy Federal Credit Union, Sellstate, and Unifi ed Title Company. Not to mention the numerous donors who supplied the auction items, as well as Ruthie and Courtney Kline of Cor-nerstone Home Lending for sponsor-ing the Youth Symphony.

You can keep giving this holiday season by making donations to the Colorado REALTOR® Foundation at www.coloradorealtors.com/crf.

Below: Colorado Springs Youth Symphony.

2016 HBA President, Tim Seibert. Photo by Perceptive Image Creations.

Above: The auction tables.Below: Dawn Grubbs and Santa.

Th e Housing & Building Asso-ciation of Colorado Springs (HBA) continued its 63-year tradition of electing high-profi le industry lead-ers to represent the most infl uential association in the Colorado Springs region. Tim Seibert, President and owner of N.E.S., Inc. was installed as the 2016 HBA President at the HBA Annual Membership Reception, held Wednesday, November 18 at Th e Antlers.

2015 HBA President Mike Rue-benson, COO of La Plata Commu-nities moved into the position of Immediate Past President, and Mark Long, owner of Vanguard Homes was installed as the HBA President Elect.

Newly elected board members were: Todd Anderson, Challenger Homes; Mark Bussone, Mountain Vista Hold-ings; Joe Loidolt, Classic Homes; Josh Peterson, Saddletree Homes; Dylan Fischer, Rheem Distributing and John Radcliff e, Galloway and Company.

Also honored were the volunteer “Chairs” of the 19 diff erent commit-tees and councils that carry out the mission of the Housing & Building Association. Th ese volunteers give hundreds of hours each year to sup-port the building industry. Th ank you to: Carrie Bartow, Clift onLar-sonAllen, LLP - Finance Commit-tee; John Bissett , JM Weston Homes

- Expo Center Committ ee; Mark Bussone, Mountain Vista Holdings - Emerging Leaders Committ ee; Kyle Campbell, Classic Consulting Engi-neers & Surveyors, LLC - Political Action Committ ee; Lain Chappell, Solid Rock Custom Homes, LLC - Remodelers Council; Amy Cox, Per-ceptive Image Creations - Member Services Council; Mike DeGrant, Lowell Development Partners, LLC – President of HBA Cares; Bran-don Elrod, C & C Sand and Stone Co. - Home & Garden Show com-mitt ee and the Home Show com-mitt ee; Nate Grabill, Pioneer West Homes - Parade of Homes commit-tee; George Hess, Vantage Homes

- Workforce Development commit-tee; Shelley La Judice, Th e Marketing Group - Parade of Homes commit-tee; Tim McConnell, Drexel, Barrell & Company - Land Use Committ ee and the HBA/Fountain Committ ee;

See HBA | 9


[email protected] | www.csrej.com

the best gift this year...

Plant your seeds now and watch your

business grow.

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On the Move

Dustin BlaichBerkshire Hathaway Rocky Mountain

He's an energetic, self-starter moving into Real Estate aft er 5 years in the kitchen, bath and closet in-dustry where he managed territo-ries in Florida, Indiana, Michigan, and Ohio.

Dustin was 8 years active duty in the United States Marine Corps be-fore graduating from Indiana Uni-versity. His military experience helps him understand the dedication, re-sponsibility, and integrity involved with performing at the highest level. With those leadership skills, he built a career in sales where he's earned many national awards and achieved record-breaking growth in each ter-ritory he has managed.

Dustin, his wife Sarah, and their 3 children have relocated from Florida and are excited about putt ing down roots in amazing Colorado Springs.

He says the decision to move here was simple! Th e Blaich family loves everything the great outdoors have to off er.

Dustin completed his fi rst full-dis-tance Triathlon (Ironman) in 2014 and is looking forward to the big race in Boulder next year.

Caleb WentzHorizon View Homes

Horizon View Homes (sister com-pany to southern Colorado’s Aspen View Homes) welcomes Caleb Wen-tz as Sales Manager for operations in Northern Colorado.

Formerly the Community Sales Manager for Aspen View Homes’ popular Widefi eld neighborhood, Th e Glen, Caleb has been involved in new home sales in Colorado Springs for several years. “Not only do Ca-leb’s clients and Realtors love him, his co-workers seek him out for lead-

ership and inspiration,” said Kevin Hart, Aspen View Homes President. “We’re thrilled to have Caleb’s pas-sion for new home sales and indus-try expertise. He was the natural choice to lead the new home sales team for our Northern Colorado Di-vision (Horizon View Homes).” he continued.

A graduate of Midland Lutheran College and active in his communi-ty, Caleb is the married father of one and an avid Huskers fan.

Rhoda ScharfenbergCampbell Homes

“Before there was Woodstock…before anyone heard of Sesame Street... or the Rubic’s Cube…or Su-per Sunday…Campbell Homes was making homes that would make his-tory,” said Randy Deming, CEO of Campbell Homes. “And now, we’re making history again as we name

well respected new home sales ex-pert, Rhoda Scharfenberg, as our community sales manager for Camp-bell Homes in Cordera!” Deming continued.

With a contagious smile and a per-sonal philosophy of helping families build the home they love to come home to, Rhoda, is a well known face in the Real Estate Community and the Colorado Springs new home arena. “We’re so excited about Rho-da’s wealth of knowledge and expe-rience on new home sales, Academy School District 20 and Cordera liv-ing.” Deming added.

Someone new in the offi ce?New certifi cation?

Send a 150 word bio along with a photo to:

[email protected]

JUST THE RIGHT AMOUNT OF AWAY,

Meridian Ranch moves your life in a

whole new direction. Rounds of golf on

an award-winning course. Kickboxing at

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NEW HOMES FROM THE $200s TO $500s.

IN CASE YOUR HOME DIDN’T GET THE MEMO, your life looks different

now. Homes at Stonebridge get it, offering great entertaining spaces and

main floor masters. (No worries, you’ll get your 10,000 steps in at the golf

course.) Plus optional bonus space upstairs for a guest room, studio or

media room, too. Now Selling. Join the interest list and learn more at

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NEW HOMES FROM THE HIGH $200s

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Life your way.

Lani Moore, Veterans United Home Loans - Sales & Marketing Council; Steve Rossoll, JR Engineering, LLC - Utilities Committ ee; Tim Seibert, N.E.S. Inc. - Public Policy Council; Mike Townsend, Oakwood Homes,

LLC - Code Review Committ ee; and Charlie Williams, Century Commu-nities - Colorado Springs Division - Tri- Lakes Committ ee.

Jeff Greene, Chief of Staff for the City of Colorado Springs, was the guest speaker. Outgoing President Mike Ruebenson gave a recap of 2015

and highlighted many signifi cant events that happened during his year of service.

Th e achievements of our members and the thousands of volunteer hours they put in are great testimonials of their impact within the housing and building industry, both in our local

community and at the national lev-el. We all benefi t from those whose time, loyalty, and leadership are so graciously and willingly given in an eff ort to accomplish the HBA’s mis-sion of keeping housing safe and af-fordable.

HBA from 7


Local Expert

By Bill McAfeeEmpire Title—

TRID pro quo

WE DON’T SUCCEED UNLESS YOU DO!

Empire Title of Colorado Springs 5755 Mark Dabling Blvd., Ste 110, Colorado Springs, CO 80919

Phone: (719) 884-5300 - Fax: (719) 884-5304 WWW.ETCOS.COM

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It isn’t just our wonderful customers that enjoy returning to Empire Title:

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Best Wishes for a happy, healthy and prosperous 2016!

Happy New Year ...

… and many happy returns!

Best Wishes for a happy, healthy and prosperous 2016!

Happy New Year ...

… and many happy returns!

Do your New Year’s resolu-tions include reanalyzing your business strategies? Resolve to make a positive difference this upcoming year by con-tacting Empire Title to learn how we can provide unique ideas and proven processes

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T = Truth in Lending Act = TILAR = Real Estate Settlement and Procedures Act = RESPA

I = IntegratedD = Disclosures

On October 3, 2015, Th e Consumer Financial Protection Bu-reau (CFPB) rolled out 1,880 pages of new regulation known as TRID. Th is regulation was intended to protect consumers and make the closing process easier. It combined two acts: TILA and RESPA. Prior to this date, RESPA was the enforcement mechanism but did not have robust fi nes or penalties. TRID now opens up the lenders to class action suits and punitive dam-

ages. In fact, the maximum civil penalties to lenders – now to be known as Creditors – is: $5,000 a day for a mistake; $25,000 a day for a reckless mistake; and, $1,000,000 a day if the lender knowingly did not follow guidelines. Th e challenge faced by Creditors is that this regulation is writt en very broadly and is open to interpretation.

Th e Creditors have time lines to deliver documents to borrowers – now to be known as consumers. Due to the liabilities placed on Creditors due to TRID, the entire closing process – soon to be referred to as consummation – has changed. Creditors are now delivering the Closing Disclosure (CD) – formerly known as the HUD1 – directly to the consumers. Title companies and Credi-tors still need to balance on the CD, but Creditors now deal with proration of property taxes, association dues and delivery methods.

For example, the CFPB requires delivery of the CD three days prior to clos-ing. If the closing is on a Th ursday, the CD must be delivered on Monday and again on Th ursday. TRID did not allow for use of the forms prior to October 3rd. Similarly, the technology systems needed to deliver these documents were never tested under actual volumes. Th e Creditors and Title Companies are working through these challenges on a daily basis.

Consumers must communicate with Creditors and comply with time lines. Th ere is a document known as “Intent to Proceed” that needs to be executed be-fore Creditors will continue their process. Th e consumer needs to know what delivery method the Creditor is going to use for the CD. Th ey must respond in a timely manner or the closing will be delayed. One exception to this rule is delivery by fi rst class mail. Th is will likely be a back-up method used in case electronic methods fail.

Th ree causes that require a full re-disclosure that will delay a closing are: a change in A.P.R. of at least 1/8%; a change in loan program; or, the addition of a prepayment penalty. Th ere is a misconception in the industry that fi gures cannot change from the initial CD to the fi nal CD. As long as those three condi-tions above are not changed, other changes can and will happen on the CDs. In other words, the fi gures the consumer sees on the CD Monday can change and be diff erent than the fi gures the consumer sees on Th ursday. Consumers should be aware of this fact.

I would like to end this article with a quote from Rob Chrisman, who wrote this in the Mortgage News Daily: “Yet as the costs continue to mount, and the methodology of regulators seeming to compete and outdo each other continues to drive lenders away from lending, one must question the trend. At what point does the shift of the discussion from ‘too big to fail’ to ‘too small to comply’ re-ally help the consumer? How does the lack of objective rules now alleviate the fears of huge penalties later?”

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Around the Corner

Wednesday, December 302016 Real Estate Contract9am-1pm @ Empire [email protected] 719-884-5300

Tuesday, January 52016 Buy and Sell Contract Course1pm-5pm @ Legacy [email protected]

Lunch with a Punch – Farm Smarter, Not Harder11:30am-1pm @ North American Title (Chapel Hills) 598-5355 or [email protected]

Wednesday, January 6Annual Commission Update 2016 9am-1pm @ Empire [email protected] 719-884-5300

Thursday, January 7B.L.E.E.P. (Black Forest & Eastern Marketing Group)8:30am-10am @ The Grill at Latigo Trail Equestrian Center. Roxene, 495-6213

2016 CREC Annual Update Course8am-12:30pm @ Legacy [email protected]

Wednesday, January 13Annual Commission Update 20161pm-5pm @ Empire Title Woodland [email protected] 719-686-9888

Internet Marketing System for Builders and Remodelers8:30am @ [email protected] 719-592-1800 ext. 11

Thursday, January 14Farm and Land8:30am @ The Egg and I - Chapel HillsCharlie Triplett: 719-896-1777

Women’s Council of Realtors Luncheon11am-1pm @ Hotel ElegantéMichele: [email protected]

YPN (Young Professionals Network of REALTORS)3pm-4pm meeting @ PPAR (board room)4pm-6pm social @ Red Martini (downtown)Michele VanMetre: [email protected]

Is Incorporating Right For You?11:30am-1:30pm @ Legacy [email protected]

2016 CREC Mandatory Update8:30am-12:30pm @ North American Title (Cascade Ave) 578-4100 or [email protected]

Friday, January 15Independent Brokers Forum9am-10:30am @ PPARMichele: [email protected]

Wednesday, January 20Annual Commission Update 20161pm-5pm @ Empire [email protected] 719-884-5300

Thursday, January 212016 Purchase Contract 9am-1pm @ Empire [email protected] 719-884-5300

Monday, January 25Restoring Contaminated Buildings1:30pm-4pm @ Legacy [email protected]

Tuesday, January 26CTM eContracts – Intermediate 2pm-4pm @ Empire [email protected] 719-884-5300

CP-27 with Lease Focus10am-12pm @ Legacy [email protected]

CTM eContracts – Beginners10am-12pm @ North American Title (Cascade Ave) 578-4100 or [email protected]

Speed Dating and Orientation with WCR1:30pm-4:30pm @ Penrose HouseMichele: [email protected]

Wednesday, January 272016 Purchase Contract1pm-5pm @ Empire Title Woodland [email protected] 719-686-9888

Thursday, January 28Tax Strategies for Real Estate Professionals9am-11am @ Legacy [email protected]

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