Tuesday, December 18, 2012

News Digest, December 18

AGC Colorado projections for 2013 AGC Colorado expects conservative growth for the 2013 construction industry - Colorado's sixth-largest industry - related to job growth and economic impact, according to a recent forecast event presented by AGC/C and McGraw-Hill Construction. The forecast included an overview of the national economy, historical trends and expected activity for 12 different market sectors for Colorado.

  Students Build A Gorgeous One-Room House In The Navajo Nation DesignBuildBLUFF, a nonprofit in the tiny town of Bluff, Utah, is taking things one house at a time. The group invites architecture students to design and build homes for needy families in the Navajo Nation, a few miles south of Bluff. “[Native Americans] face some of the worst housing conditions in our country,” explain DDB’s founders. “Over 40% live in overcrowded or dilapidated housing.”

  REAL ESTATE: Priority of Liens Why and when should you know about the priority of liens on Colorado real estate? Some reasons may surprise you but you really need to know if you are: buying a house out of foreclosure; obtaining a judgment against a debtor; dealing with a worker who has added something to your home but, for whatever reason, has not been paid; looking to foreclose on a second mortgage (or deed of trust) on a rental property that you own.

  Local commercial real estate recovery still uncertain in 2013, forecasts suggest Some segments of local commercial real estate will make strides in 2013, but a full recovery will hinge on improvement of the national economy, job creation and whether looming Department of Defense cuts become a reality, a pair of reports suggests. Forecasts by Sierra Commercial Real Estate and Quantum Commercial Group, two Colorado Springs brokerages, hedged their bets because nobody knows for sure how outside factors will affect office and industrial vacancies, shopping center construction and commercial rents.

  Colorado college towns a relative real estate safe haven during turbulent times Colorado's college towns braved the nation's real estate collapse relatively well. Home values hung tough and didn't experience the dramatic drops that many of the nation's other locales did. It was the number of home sales that took a dive. But now even that's beginning to improve.