Author: nocoapadmin
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Landlords: 25 months to register their rental units with city
From the Coloradoan Fort Collins City Council and city staff are taking the right approach in emphasizing safety for renters over punishment of property owners. Tuesday, City Council voted 6-0, with Council member Ben Manvel absent, to approve an ordinance that would allow property owners time to bring their buildings into compliance with city standards…
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Town’s tax collections staying near ’08 numbers
Windsor Beacon – By Ashley Keesis-Wood The sales tax numbers look good for Windsor through the end of the first quarter, town officials say. “We’re up 1.43 percent over last year, which is right where we need to be,” Windsor Director of Finance Dean Moyer said during last Monday night’s regular town board meeting. The…
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March 2009 Unemployment Numbers
6.4% – Fort Collins/Loveland – (up from 6.2% in February)7.5% – State of Colorado8.5% – United States The Northern Colorado region show slowing in the growth of unemployment and is still well below the State and National rates.
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Education level helps to buffer against job loss
The Coloradoan – BY ROBERT MOORE The Fort Collins-Loveland area’s highly educated workforce is giving the region some protection against the skyrocketing unemployment plaguing the country, a CSU economist said. The area’s unemployment rate reached a seasonally adjusted 6.4 percent in March, up from a revised 6.2 percent in February and the 3.9 percent rate…
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Fort Collins/Loveland and Denver Ranked As Housing Markets To Recover First
Boyce Thompson has posted an interesting blog article on Builder Magazine Online. Five leading housing analysts were asked which five markets will recover first. The metro Denver area and the Fort Collins/Loveland area were each in the top five picks by two analysts. Interestingly, both analysts were based in California. Colorado was omitted from the…
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Student Housing: A Safe Bet for Veteran Owners
GlobeSt.comBy Amy Wolff Sorter DALLAS-One main disagreement at the second annual RealShare Student Housing Conference focused on which was more important when it came to valuation and performance: cap rate or cash-on-cash. But panelists and speakers participating at the April 15 event agreed the sector is more or less recession-proof, so long as the owners…
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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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Colorado law adds better regulation on QI’s
DENVER—The Colorado State Assembly passed a new law this month that regulates qualified intermediaries and other 1031 exchange facilitators. “To protect taxpayers who engage exchange facilitators, exchange facilitators should meet certain requirements and follow certain procedures,” the bill states. With it, Colorado becomes the third state to enact some kind of regulation of exchange facilitators,…