Friday, March 1, 2013

Housing News Digest, March 1

KUNC: Colorado Foreclosures Down For First Month of 2013 “If we look at Larimer County, Boulder County and even Denver County, those numbers continue to decline very quickly,” says McMaken. “And in those places with low unemployment like Boulder and the Fort Collins area, those numbers are going down fast.”

  Colorado resorts' housing market rebounds A huge December pushed 2012 high-country real-estate sales to their highest levels since 2008. Three years after the resort real-estate market cratered in 2009, sales in six Colorado resort counties have rebounded.

  Planned Falcon development includes 1,000-plus homes Unincorporated Falcon northeast of Colorado Springs, where thousands of homes were built starting in the mid-1990s and then were followed by waves of stores and restaurants, is poised for more growth. Waterbury, a residential project that would include 1,010 single-family homes, is planned for 332 acres north of U.S. 24 and Stapleton Road, east of the Meridian Ranch development.

  Colorado Springs Braces for Senior Living Development Boom Five new senior living communities planned for the Colorado Springs region—and a recently-opened sixth community—signal a impending development boom following a recession-induced new construction freeze. The city’s inventory of assisted living units will increase by more than 25%, according to an article in The Gazette about the senior living projects, and the developments are mostly targeting affluent private-pay residents.

  Proposed apartments gain rare consensus On Feb. 19, Littleton City Council unanimously approved on first reading the Littleton Commons plan for 385 units that would lease for up to $2,100 a month. Assuming second reading on March 5 plays out similarly, the 18-acre plot at the southeast corner of County Line Road and Erickson Boulevard will house three- and four-story buildings composed of one-story units with up to three bedrooms. The complex would feature a clubhouse, fitness center, pool, barbecue area and 25 percent open space.