John Hickenlooper is one of a group of governors pushing congressional leaders to swiftly pass an extension of the federal production tax credit for wind energy, set to expire at the end of the year. Hickenlooper joined Iowa’s Terry Branstad, Kansas’ Sam Brownback, and Oregon’s John Kitzhaber on a conference call this week supporting the […]
Archives for November 2012
FHA
November 19, 2012 by Leave a Comment
The Federal Housing Administration has released its most recent revisions to the guidelines for condominiums seeking approval for FHA-backed mortgage loans. FHA approval is crucial to marketability for condos, since 30 to 50 percent of condo purchases are made with FHA-backed mortgages. The revisions go into effect immediately and will expire August 31, 2014. With […]
New Medicare Tax Coming in 2013
November 19, 2012 by Leave a Comment
The housing market may be recovering, as many experts suggest, but investors are still struggling to understand what taxes they will owe upon selling their homes. The Patient Protection and Affordable Care Act will affect those who hold rental income properties and vacation homes starting in Jan 2013. “Unearned income” will be subject to a […]
Limon Projects to Increase Wind-Generated Electricity
November 19, 2012 by Leave a Comment
Wind farm operators race the clock to get their projects operating by the end of 2012, when the federal wind Production Tax Credit (PTC) is scheduled to expire. The credit pays wind farm operators $22 per megawatt hour of energy generated. Therefore, before the year ends, we expect to see the amount of electricity Colorado […]
Denver’s TOD Fund
November 12, 2012 by Leave a Comment
The city of Denver has a Transit Oriented Development Fund which will generate and preserve at least 1,000 affordable homes for the areas along the existing and future transit corridors. With new transit station openings approaching, $15 million is available to buy and hold sites, which are within one-half mile of fixed-transit stations or one-quarter […]
Green Home Appraisals
November 2, 2012 by Leave a Comment
With the housing market recovery beginning to take shape, we see green home construction and remodeling on the rise as consumers look to combine home comfort with energy efficiency and cost savings. However, home appraisals have traditionally ignored the value added by green building features and, although putting a value on green properties continues to […]