Thursday, November 1, 2012

Housing News Digest, November 1

Local apartment rents hit another record high Colorado Springs-area apartment rents jumped to another record high in the third quarter, and more increases could be on the way as demand for rental properties remains steady. Monthly rents averaged $787.22 from July through September, an increase from $776.85 in the second quarter and up from the previous record of $778.35 set during the third quarter of 2011, according to a report by the Colorado Division of Housing report and the Apartment Association of Southern Colorado.

  Standard Pacific Homes Unveils All New Home Designs In North Douglas County, CO DENVER, Oct. 31, 2012 -- /PRNewswire/ -- Standard Pacific Homes, one of the nation's leaders in homebuilding quality, today announced the grand opening of Heirloom in North Douglas County, CO. Nestled amongst scenic hiking trails and abundant recreational amenities, the new community showcases Standard Pacific Homes' all-new architectural concepts through a collection of 10 single-family home designs. A grand opening celebration is planned for Saturday, November 3. Doors open at 11 a.m. with a culinary demonstration and seasonal food tasting set to begin promptly at 2 p.m.

  Denver’s Q3 home resales up 15% from 2011, Realtors say The Colorado Association of Realtors’ first-ever quarterly market report shows the same thing that most other reports on the local housing market have shown recently: it’s markedly improved from 2011.

  Urbanization: National trends could impact local market Two emerging national trends in commercial real estate could have ripple effects in Colorado Springs: increased urbanization and institutional investors looking to smaller markets. The Urban Land Institute released its annual Emerging Trends Report at a recent conference in Denver attended by more than 6,000 commercial real estate developers, brokers, architects and investors.

  Vail Daily Bizwatch: Energy Smart Colorado What goods or services do you provide? Our goal is to make home energy improvements simple and affordable. We provide a broad spectrum of home energy consulting services for single-family homeowners, duplexes, townhomes, and multi-family apartments, too. We are your local nonprofit source for information about rebates and incentives from utility companies with whom we partner, such as Holy Cross Electric and Source Gas. We can arrange for a very cost-effective ($50 cost for a $500 value) home energy assessment provided by local independent third-party energy experts. They will examine your home for safety issues (investigate potential gas leaks or faulty appliances) and for energy savings measures. They will complete a total review of your residence and provide you with a comprehensive report which gives you suggestions to make your home more affordable and more comfortable.