Declines in foreclosures this year have been larger than expected. Foreclosure filings in twelve Colorado urban counties (including Denver, Adams, Arapahoe, Boulder, Broomfield, Douglas, El Paso, Jefferson, Larimer, Mesa, Pueblo and Weld) have fallen to their lowest level since the state began collecting data in 2007. In Denver County, foreclosure filings declined 35.9 percent in […]
2013 Should Be Interesting for the Housing Market
It is a bit early in the year to predict what Metro Denver will likely see throughout 2013; however, we like what we are seeing at the moment. It is as it has always been, housing follows jobs. As a result, we will be watching the employment numbers as they roll in. Here’s to new […]
Solar Friendly Communities
Colorado ranks fifth nationwide in the amount of solar power generated. New renewable-energy technologies (as well as a state mandate that Colorado’s investor-owned utilities get 30 percent of their power from renewable resources by 2020) boost Colorado’s production and use of energy from wind and solar sources. “Colorado is widely regarded as national leader in […]
Pocket Neighborhoods
Changing demographics are reigniting a hunger for community. For this and other reasons, pocket neighborhoods have a huge potentiality to increase. Pocket neighborhoods represent a pattern of housing that fosters a strong sense of community among nearby neighbors, while at the same time preserving their need for privacy. Examples can be found across the spectrum […]
TOD Clear Creek Transit Village
The TOD Group, a New Orleans-based company, is in discussion with national builders to construct up to 1,125 apartments, town homes and condos on a 21 acre development just north of Denver. This TOD will stand out both regionally and nationally because of the abundance of natural amenities surrounding the site. An integrated landscape will […]
Winterizing Your Property
Consider preparing your property for winter to lower energy costs, increase comfort in cold months, and possibly improve resale value. The three main updates to focus on for the winter are the windows, exterior and furnace. Adding energy-efficient vinyl windows to the home can have an average payback of more than 69 percent. Vinyl replacement […]
Governors of Wind Energy States Banding Together
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 […]
FHA
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 […]
