Category: Trends
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Northern Colorado’s Economy Looks Bright
Mike Masciola, NCEDC (The Coloradoan) Although the speed of the economic recovery is much slower than preferred, there is reason for optimism in Northern Colorado’s future. Our economy certainly has not been immune from the national recession. However, it has fared better than most and is in a strong position to create additional jobs for…
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Capital Gain Taxes – The Same for Now
From IPX1031 – Danita Vigil and Tracey Wilson Toward the end of 2010, many people wondered what would happen to capital gain tax rates on January 1, 2011. Some even scrambled to close the sale of property before the end of the year. As it turned out, Congress extended the capital gain rates in mid…
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2010 Year End Market Report – Northern Colorado Apartments
We are just finalizing our 2010 year end report for apartment activity and performance in Northern Colorado (Fort Collins, Greeley, Loveland). What a dramatic difference from 2008 and 2009. Can’t wait to get it finalized and published/printed. If you have interest in receiving a copy via mail or email, please let me know at mannlein@realtec.com…
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Forecast sees “slow, steady growth” for Colorado
Denver Business Journal – by Neil Westergaard The new year likely won’t herald a big economic recovery in Colorado or the rest of the nation, with slow, steady growth predicted to continue in 2011, according to a new forecast. That’s the view of University of Colorado economist Richard Wobbekind, who presented his annual outlook on…
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Ready for Multifamily’s Bull Run???
Jobs, Uncertainty Holding Back Multifamily Bull Run (from GlobeSt.com) ENCINO, CA-The multifamily industry is heading for its next bull run, but hesitancy on the part of the business world is a major obstacle. Still, investors should begin to prepare themselves for the next cycle. That was the message from a trio of executives at Marcus…
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Are Economic Conditions Improving in NoCo?
From NCBR Without a doubt, Northern Colorado’s economy is looking up. But people out of work and seeking a job may not agree quite yet. Keep in mind that employment is a lagging indicator; employers don’t start hiring again until it is clear that the economy is recovering and that it won’t fall back into…
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What’s Driving Multifamily’s Improvement? (GlobeSt.com)
GlobeSt.com Jobs,jobs, jobs. Commercial real estate is all about jobs. And particularly the multifamily sector—after all, you can’t pay your rent if you don’t have a job. But in this cycle, the housing market has also had an impact on multifamily fundamentals, as a favorable mortgage market led more households our of the rental pool…
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Realtec 2010 Q2 Apartment Market Report
Northern Colorado Apartments Continue to Outperform On the eve of the State’s second quarter 2010 vacancy and rental report, the apartment market in Northern Colorado continues to show that it has weathered the storm better than most. Yes, you should still expect vacancy numbers to climb due to summer break for Colorado State University and…
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Widespread Improvement in Market Conditions
NMHC Quarterly Survey The apartment market continues to rebound from the “Great Recession” according to NMHC’s latest Quarterly Survey of Apartment Market Conditions. Sales volume is up, debt and equity are more available, and markets are tighter, according to respondents. For the first time since October 2005, all four survey indexes recorded better market conditions…
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Fort Collins Dodged a Bullet: Rental Licensing
At the last city council meeting in Fort Collins (May 4, 2010) the rental housing industry in town dodged a bullet. Many neighborhood activists (and some council members) were strongly in favor of instituting a rental licensing program to help regulate the industry. In the end, everyone compromised and the city council voted to require…