Category: Trends
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Windsor may be low on housing at all levels of income
BY ASHLEY KEESIS-WOODashleykeesis@windsorbeacon.com The results of the workforce housing needs study has given the town board and two housing committees a mixed bag of news. The most revealing information, however, is that while there are housing options at every income level in Windsor there may not be enough housing at all levels. “Windsor is a…
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Larimer County’s Job Market Stagnant
Economic indicators are notoriously cryptic, and today’s volatile environment makes them even more so. Because of this, it is a bit tricky to determine how this “Great Recession” is affecting Northern Colorado.Advertisement Let’s try to figure it out. According to the Colorado Department of Labor, Larimer County’s February seasonally adjusted unemployment rate stood at 6.1…
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Natural Gas Prices Expected to Drop Dramatically
Thanks to a glut in supply and a weak economy, properties that rely on natural gas for their heat can expect to pay substantially less this coming winter. Distributors are locking in contracts at prices almost 75% lower than this past winter. Properties shouldn’t expect to see that sharp of a dip in their heating…
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E&Y Report on Commercial Real Estate
In a recently released report by Ernst & Young, most of the news related to the global economic and political impacts on commercial real estate – mostly office, retail and industrial. However, they made brief mention of the multifamily market and noted that it should remain solid with Student Housing and Senior Housing forecasted to…
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What jobs news do you follow?
Two news items came out today. One was news about a slight job growth of 0.1% in Larimer County through the third quarter of 2008. The second had to do with Wolf Robotics laying off around 30 employees. I’m not sure what kind of news job growth in the third quarter of 2008 is, but…
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Estate Tax Proposal Moves Forward
Earlier this year, President Obama included such an approach in his FY 2010 budget blueprint. Last week, Senate Finance Committee Chairman Max Baucus (D-MT) also adopted that approach in legislation (S. 722) he introduced to make permanent some of the tax cuts enacted by President Bush in 2001. Without Congressional action this year, the estate…
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NMHC Campaign Opposes Carried Interest Tax Increase
NMHC has rolled out an aggressive lobbying campaign to oppose proposed changes in the taxation of carried interest (i.e., “the promote”) after President Obama’s budget blueprint proposed a 160 percent tax increase on carried interest beginning in 2011—increasing the tax from the current capital gains rate of 15 percent to ordinary income tax rates, which…
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Vestas breaks ground on Weld County site
BRIGHTON – A 175-acre site, soon to be annexed into the city of Brighton, will be home to wind turbine blade and nacelle factories slated to begin operation in 2010. The 205,000-square-foot nacelle site will employ 700 and produce 1,400 units per year at full capacity. A nacelle is a school bus-sized pod to which…
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Kodak to close two divisions in Windsor Plant
Kodak announced plans to shut down two manufacturing divisions in its Windsor, CO plant by the end of the year. This will effect 300 employees working in those divisions.
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Commercial Loan Maturities Rising Through 2012
Will maturing commercial loans over the next three years delay recovery efforts? Apartment owners in Northern Colorado have not displayed much concern thus far. Will this continue while the rest of the product types take a hit? Read NREI’s article to get more information.