Category: Trends
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The Advantages Of Renting
Listen Now [6 min 38 sec] Weekend Edition Saturday, February 21, 2009 · The U.S. government encourages people, with tax laws and loan programs, to own their own homes. It improves neighborhoods, builds value and gives people a stake in a better future. But author Richard Florida tells host Scott Simon that the federal government…
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Nearly 50% of Apartment Landlords Lower Rents
NOTE: Locally in Northern Colorado, both Loveland and Greeley rents declined slightly over the fourth quarter rents a year ago. However, Fort Collins rents climbed significantly from $760 to $810 per month. — NREI Feb 24, 2009 2:19 PM, By Sibley Fleming The deterioration in apartment asking rents reached unprecedented levels in the fourth quarter…
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Enterprise opening insurance claims site
BY PAT FERRIER PatFerrier@coloradoan.com The largest car rental company in the country will open a new insurance claims office in Fort Collins in May, creating 100 new full-time jobs. Enterprise, owner of Enterprise, National and Alamo rental car companies, plans to announce today the opening of a claims processing office at 4800 Wheaton Drive to…
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Fort Collins Sales-tax picture bright
BY PAT FERRIER • PatFerrier@coloradoan.com • February 21, 2009 Fort Collins tax revenue January > Sales tax: -0.5% > Use tax: +6.0% > Combined sales and use taxes: +0.4% Key sectors > Miscellaneous retail: +2% > General merchandise: +1.8% > Apparel/accessory: -6.7% > Restaurants/bars: +4.2% > Grocery stores: +3.9% > Hotel/lodging: -10.7% > Building permits:…
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800 Lovelanders join push for downtown revitalization
By Douglas Crowl • Loveland Connection • February 20, 2009 The latest message from the Citizens for a Vibrant Downtown Loveland to the Loveland City Council is signed by 800 names. As promised, the group has completed a petition with 800 resident signatures calling for the City Council to financially support projects that would revitalize…
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Vacancies down in Fort Collins, up in Greeley & Loveland
DENVER – The apartment vacancy rate in Fort Collins shrunk to a seven-year low during the last half of 2008, while the rates in Greeley and Loveland crept upward during the final quarter of the year. The tight rental market in Fort Collins is reflected in the 4.2 percent vacancy rate posted during the third…
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Commercial/Multifamily Mortgage Originations Plunge 80% from Fourth Quarter 2007
NREI – Feb 10, 2009 12:42 PM, By Denise Kalette A new report from the Mortgage Bankers Association (MBA) shows a dramatic drop in commercial and multifamily mortgage loan originations in the fourth quarter of 2008. Originations fell 80% from the same period of 2007, a decline noted across all property types and investor groups.…
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Walmart hiring 425 for Timnath Supercenter
Northern Colorado Business Report, February 9, 2009 TIMNATH – Walmart has opened a temporary “hiring center” in south Fort Collins as it works toward hiring 425 full- and part-time workers for its new store in Timnath. The company is accepting applications at the old Walmart building at the intersection of College Avenue and Harmony Road.…
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Windsor proves popular
Coloradoan: The town of Windsor has reached another population milestone: 19,000. Well, 19,001, to be exact. “That’s the estimate we have based on last year’s information,” Windsor director of planning Joe Plummer said. “We won’t know for sure, of course, until the 2010 census report.” The new milestone means the amount of growth since 2000…
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Smoke-Free Apartments
Santa Monica joined several other cities, many in California, last month by approving a ban on smoking in common areas of multi-unit residential buildings. The law makes it a criminal infraction to smoke in outdoor common areas, including patios, garden and pool areas and parking lots. Victims of secondhand smoke can file a civil action…