Earlier this month, Lakewood voters passed a controversial rule that limits new residential construction to 1 percent of the city’s existing housing stock each year, with the intent of slowing development that many residents say has gotten out of control. As the entire Front Range struggles with how to responsibly address growth, all eyes—especially of local developers and housing policy...
Lakewood residents voted for a measure aimed at limiting development Tuesday. Ballot question 200 was approved by approximately 53 percent of voters, with the remainder voting against it. The ordinance seeks to limit development in the city by capping new housing projects at 1 percent of the city's current housing stock. "As REALTORS®, it’s our job to ensure housing remains as attainable as...
A new study supported by a metro Denver business partnership says Lakewood's July 2 ballot question to limit growth to 1% a year will lead to higher property taxes to pay for city services. “The research speaks for itself,” said Elizabeth Peetz, Vice President of Government Affairs for the Colorado Association of REALTORS®, in a statement Monday. Ballot Question 200, a citizen-initiated...
Higher property taxes, more stress on transportation infrastructure will result from imposed growth caps according to new study On June 10, 2019, the REMI Partnership released “Building Gated Cities – Policy Brief Understanding the Impacts of 1% Growth in Lakewood.” Next month, Lakewood voters will face Initiative 200, a proposal that seeks to impose a 1% cap on the growth of the city’s housing....
The steady increase in local home prices might have slowed, but Colorado Springs remained one of the nation’s top housing markets in January — ranking No. 5 out of 300 metro areas in Realtor.com’s monthly hotness index. Other Colorado rankings were Pueblo, No. 27; Denver-Aurora-Lakewood, No. 79; Fort Collins, No. 100; Boulder, No. 110; Grand Junction, No. 123; and Greeley, No. 140. Realtor.com,...
According to realtor.com®'s "Advance Read of October Trends", the Denver-Aurora-Lakewood Colorado market was the number one hottest market in October. The Denver Metro market ranked the 3rd hottest in September. Boulder Colorado was the 17th hottest market in October, 22nd hottest in September. The following markets are the 20 hottest markets in the country for October, ranked by number of views...