Industry News

Overburdened sewer system has new development on hold

Westminster City Council OKs year-long moratorium A Westminster sewage collection network in so overtaxed and outdated, the City Council has enacted a year-long moratorium on new development that would feed into it. The health and well-being of city residents is believed to be at stake. The 22-mile-long Big Dry Creek Interceptor Sewer system collects sewage…

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3 Colorado housing markets among healthiest in U.S., report says

A new SmartAsset study ranks the housing markets of three Colorado cities in the tip 10 healthiest in the United States. Colorado Springs ranked No. 3, Aurora ranked No. 7 and Denver ranked No. 9. The study used four factors to determine a healthy market: stability, affordability, fluidity, and risk of loss. It only considered…

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Denver Momentum Persists

The buyer urgency created by constant housing news coverage and ever-changing housing payments from rising rates is unmistakable. Last week, the Federal Reserve raised short-term rates for the second time in 2018. And, while we’ve mentioned time and time again that it is important to pay attention to Fed policy, it is also critical to…

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Colorado home builder, with new buy, says it’s now in U.S. top 10

A Colorado home builder said that with its latest acquisition on Thursday, said it’s now one of the nation’s top 10 largest home builders. Century Communities Inc. (NYSE: CCS) of Greenwood Village said it acquired the remaining 50 percent of Wade Jurney Homes of Greensboro, North Carolina. The acquisition (terms weren’t disclosed) puts Century in…

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No on 66 Campaign Succeeds

June 7, 2018 Dear HBA Members: By now you have heard the good news about activist Dan Hayes’ intention NOT to proceed with the limited growth measure called Initiative 66.  The Coalition of which the HBA and CAHB were instrumental, made the right decision this week by releasing a portion of our data, and it…

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KB HOME SLIDES MANDINO INTO COO ROLE

Home building vet takes the post once held by the company CEO KB Home said late Monday it has named Matthew Mandino executive vice president and chief operating officer, effective June 1, 2018, the same position held by Jeffrey Mezger, KB’s chairman, president and CEO, prior to 2006. In this role, he will oversee the…

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Aurora changing how fees are calculated for new buildings

Aurora’s new method makes cost calculations easier and more predictable The city of Aurora will streamline how fees are calculated for new building construction projects starting June 13. “It’s going to be fast, simple and predictable,” said Aurora’s chief building official Scott Berg. Building fees pay for things such as plan review, permits and inspection…

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CFRR Exec Committee Told 1% Growth Limitation a Non-Starter

Hill Poll shows ballot Initiative 66 starting off at only 36% JUNE 6, 2018 (Denver) – The leadership committee for the campaign organized to defeat a filed ballot measure received a briefing from its pollster indicating that concern over a proposed 1% growth limitation along the Front Range may in fact be short-lived. The measure…

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Activist withdraws initiative to limit housing growth in Denver area

Colorado voters will not have the chance to decide in November whether or not to limit residential growth along the Front Range, as the author of a proposed ordinance to do just said he will not try to collect signatures to get his proposal on the statewide ballot. Golden activist Daniel Hayes told the Denver…

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CAHB Leaders Successfully Brought Housing Concerns to Congressional Delegation

The Colorado Association of Home Builders began its Bringing Housing Home meetings with members of the Colorado Congressional delegation in early May. The meetings are part of a NAHB nationwide program to engage members of Congress in their districts, not in Washington, so that the members can hear directly from homebuilders. During each meeting, CAHB…

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