Friday, March 30, 2012

Housing News Digest, March 30

Housing in Mountain States Climbs Back
Residential housing in the mountain states of Colorado, Utah and New Mexico is looking stronger than many others, but that's partly because the comeback hasn't been as steep.

Simply put, homes in the region didn’t appreciate in value over the last decade as much as in the coastal regions, Arizona or Nevada. What didn’t go up much before the bubble burst in 2008 didn’t go down much once it did.

Palomar Modular Buildings’ Oilfield Housing Customers Can Now Access Preordered and Prebuilt Man Camp Buildings to Meet Their Remote Location Needs.
Palomar Modular Buildings has completed the implementation of a year round supply program for oilfield and other natural resource development manpower housing, food preparation and general comfort. These buildings can provide quick access to modern facilities for workforce housing at a time when supply is limited.

In addition to this program for more immediate temporary housing, Palomar is preparing to build more permanent type dormitories and apartments complete with amenities. This need has been particularly acute in Eastern Oklahoma and Eastern Colorado.

Eagle County real estate off to best start in 3 years
EAGLE COUNTY, Colorado — Eagle County real estate is off to its best start since 2008 in both transactions — 181 compared with 235 in 2008 — and dollar volume — $196.9 million compared with $331.3 million in 2008. February had 91 transactions, the majority of which were sales in Eagle and Gypsum, cumulatively accounting for 26 percent of all sales.

NAREE June real estate journalism conference in Denver to include tour and Saturday visit option to Vail, Colorado.
The four-day NAREE conference, entitled, “Covering Real Estate With Altitude” is NAREE’s “Ultimate News Conference” and is designed to draw writers, editors, authors and the nation’s leading real estate analysts and experts to focus on new trends in residential, resort, commercial and financial real estate. Conferees will enjoy newsworthy speakers and panel discussions, along with trend-setting tours.

Speakers will include Lawrence Yun, chief economist of the National Association of Realtors; Mark Obrinsky, chief economist of National Multi Housing Council; Rachel McCleery, Urban Land Institute; Walter Isenberg, chief executive of Sage Hospitality; Michael Kelley, president, Caldera Asset Management; David Crowe, chief economist, National Association of Home Builders; to name a few. Additional prominent speakers will be announced shortly.