Metro Denver is on track to break its own record for the most new apartment units in a year. An estimated total of 34,000 units are under construction, planned or scheduled to start within 2014. Developers furiously building new multifamily projects across the metro area expect to deliver 10,000 units by the year’s end, with […]
Cleaner Air = Healthier Communities
March 20, 2014 by 1 Comment
Colorado has officially established the first direct statewide control of methane emissions in the nation. The new rules are supported by Gov. John Hickenlooper, four of the state’s biggest energy companies, and several environmental groups. Hickenlooper said the new rules “will ensure Colorado has the cleanest and safest oil and gas industry in the country […]
Could THIS be the prime market to sell your home?
March 19, 2014 by Leave a Comment
Inventory is at historic low levels and buyers are feeling anxious. In an article last month, we pointed out inventory is down by about 50%. Take Evergreen as an example, at the end of February, there were 169 homes on the market while this time last year, there were 339 homes on the market. In […]
Baby Boomer Time Warps
February 24, 2014 by Leave a Comment
Columbus, Ohio is a convenient microcosm of the United States as a whole. Demographically, Columbus closely resembles America. Thus, the city has a lot to teach us about where the average American city is headed. Urban affairs researcher Arthur C. Nelson recently took a look at Columbus as part of a report for the National […]
The Transformation of Denver’s Transportation
January 13, 2014 by 4 Comments
Regional Transportation District’s (RTD) sprawling FasTracks project, which includes laying more than 100 miles of rail tracks throughout metro Denver, and transforming the old station into a transportation hub, will begin construction of the North Metro commuter rail line in the spring of 2014. This line will carry passengers from Denver Union Station to 124th […]
Natural Gas Bills to Rise
December 30, 2013 by Leave a Comment
Xcel Energy Inc. is proposing to charge its customers in Colorado less for electricity but more for natural gas in the first quarter. If approved, the new rates will take effect January 1. Natural gas users will see the biggest percentage increase after two years of historically low prices. Xcel said the average electric monthly […]
Colorado’s 2014 Economic Forecast
December 18, 2013 by Leave a Comment
Colorado is expected to be among the top 5 states for job growth The state is likely to keep its unemployment rate below 7% Home prices will continue to improve in Colorado as foreclosures decline and inventory is absorbed Colorado, the seventh-fastest growing state in the nation in percentage terms, is expected to see population […]
The Battle Over Solar Energy Continues
December 15, 2013 by 1 Comment
The dispute between Xcel Energy Inc. and Colorado’s solar power industry over the value of the solar power generated by rooftop systems is heating up. The solar industry says that slashing the rates paid via net metering will seriously damage the industry’s growth, but Xcel executives have said that current credit rate, 10.5 cents per […]
Holiday Encouragement Part 2: Economic Vitality
December 13, 2013 by Leave a Comment
The Business Journal’s On Numbers Economic Index is a monthly rating of the economic vitality of 102 major metropolitan areas, generated by an 18-part formula that includes private-sector jobs, unemployment rates, workers earnings, home values, and retail strength. Denver came in eighth last month, our highest ranking since April and up from 10th the month […]