Last night, the democrat-controlled Colorado House State Veterans and Military Affairs Committee voted along party lines to kill Senate Bill 177.
Continue Reading Construction Defect Bill Dies in Committee
"multi-family housing"
Update – Construction Defect and Affordable Housing Legislation in Colorado
Both sides of the political aisle have expressed interest in legislation to promote affordable housing and to correct what many believe is a problem with Colorado’s construction defects law that is preventing construction of condominiums in the Denver metro area. One option currently under consideration is Senate Bill 15-177.
As reported here by The Colorado…
Millennials and the Rent/Buy Decision: Are Construction Defect Laws a Factor?
As we’ve written in the past, Millennials have played a significant role in the revival of Denver’s economy. As increasing rent payments threaten to exceed monthly mortgage payments, however, Denver’s popularity among Millennials may diminish. Although worsening affordability has not discouraged Millennials’ interest in living in Denver thus far, as Millennials age and…
DenverInfill Posts 2012 Retrospective of Real Estate Development in Downtown Denver
Ken Schroeppel is the founder and administrator of DenverInfill, a blog that posts news and information about urban infill development in Denver. He’s just posted his annual look back at what the past year meant for downtown Denver development: http://bit.ly/UmK9Iz.
The big story, according to Schroeppel, is the multifamily residential construction boom that developed…
Colorado Apartment Vacancy/Rental Rates Suggest Market Optimism
This article in today’s Denver Post discusses how, despite some regional variation in vacancy rates and rents, the statewide trends suggest optimism among property managers and landlords concerning future demand.
The recent uptick in multi-family housing construction in some parts of Colorado indicates that developers may be feeling the same way.
It will be …