Tuesday, April 17, 2012

Housing News Digest, April 17

Nation's homebuilders request most permits in 3½ years

Homebuilding is showing new life in the Colorado Springs area as well. Single-family building permits, which measure the pace of home construction, totaled 172 last month in Colorado Springs and El Paso County

Hahn new CHFA chairman
James Hahn of JMG Consulting has been appointed chairman of the Colorado Housing and Finance Authority board for the 2012-2013 term.

Hahn was was first appointed to CHFA’s board by former Gov. Bill Ritter in 2009. He was also appointed chair of CHFA’s Finance Committee in February.

RedPeak releases Moncrieff rendering
RedPeak Properties has released a rendering of the four-story, luxury apartment building it plans to build on West Moncrieff Place in West Highland.

Previously, RedPeak had released elevations of two five-story, nearby apartment buildings it plans to develop on Lowell Boulevard and Meade Street in Highland Square, just north of the popular and trendy West 32nd Avenue corridor.

Inconsistent Construction Jobs a Factor In Weld Unemployment
Anyone who reads Weld County's monthly job announcements can see it. Houston-based oil and gas service provider Halliburton announced 500 jobs in Windsor last January. This was followed shortly after with another 1,000 jobs, announced by customer service provider Teletech. And, of course, there is the seemingly endless news of more oil and gas investment into the region -- now estimated in the billions next year from companies like Anadarko and Noble Energy.

RE/MAX: March home prices up 5.8% from last year
Home prices in the 53 largest cities increased 5.8% in March from the same month last year, according to a report from real estate association RE/MAX.

The homes sold in March had a median sales price of $184,525. It was the second-straight month prices rose higher than the year-ago period. Before February, home prices landed below year-ago levels for 18 consecutive months. But home sales steadily picked up over the last nine months.