The Regional Transportation District (RTD) will be holding two FasTracks public meetings in Douglas County on Wednesday, Oct. 22 at 6 p.m. at the City of Lone Tree City Council Chambers, 8527 Lone Tree Pkwy. and on Thursday, Oct. 23 at 6 p.m. at the Metro District of Highlands Ranch, 62 W. Plaza Dr.
RTD is hosting a series of 15 public meetings to get input on the options for moving forward with FasTracks. Two of these meetings are set in Douglas County. RTD is only one of many projects across the country facing challenges in providing services during these hard economic times. FasTracks continues to be impacted by slumping sales tax revenues and escalating construction materials costs. If costs and revenues continue on their current trends, RTD estimates that it could cost $7.9 billion to build the FasTracks plan by 2017.
The meetings will include an overview of the status of FasTracks. The public will be able to give feedback by making verbal comments, through the FasTracks Web site, or by filling out a public comment card. The input will then help the RTD Board in determining the best options for delivering FasTracks.
Bob Bandy
Relocate to Denver, Colorado
Sitting pretty at 5,280 feet in Colorado's Rocky Mountains, midway between the Mississippi River and the Pacific Ocean, the Denver area is home to 2.5 million people who don't seem to mind its 300 days-per-year of sunshine. Be sure not to miss the following places when you visit:
Red Rocks Park - Inspect dinosaur fossils, take in a concert, or just spend a day hiking in Red Rocks Park. The park is located fifteen miles west of Denver.
16th Street Mall - Stroll through this pedestrian mall in the center of downtown Denver. Outdoor cafés, kiosks, and storefront shops line the sidewalks. People watching is a favorite activity.
Larimer Square - Visitors accustomed to charming New England towns will feel right at home in Larimer Square. Window shop at storefronts set in historic buildings or nibble a gourmet snack at a cafe featuring turn-of-the-century architecture.
Denver Museum of Nature and Science - Come for the interactive exhibit floors, and stay for an IMAX feature. Learn about Egyptian mummies, precious gems, and how the human body works.
Red Sox - Raised in Jamaica, co-owners and brothers Storm Ireland and Jeff Arnold modeled their pub after Boston's Pour House Bar and Grill. The brothers even packed their menu with Boston favorites, including Fluffernutter sandwiches and bangers and mash.
Bob Bandy
Local Denver Resources
The recently passed Housing and Economic Recovery Act of 2008 has created a tax credit helping first time homebuyers in Denver. The tax credit is applied to a qualified purchase of a primary residence from April 9, 2008 through June 30, 2009. The amount of the credit is 10 percent of the home's purchase price, and is not to exceed a maximum of $7500. The tax credit is to be paid back within 15 years, effectively making this an interest-free loan from the US government. Be sure to contact us for more details on this helpful Denver homes tax credit program!
Bob Bandy
Parker Colorado supports the ENERGY STAR New Homes program which encourages homebuilders to construct Parker homes with increased durability and market value, while reducing operating costs for homeowners.
ENERGY STAR is a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy helping us all save money and protect the environment through energy efficient products and practices.
Results are already adding up. Americans, with the help of ENERGY STAR, saved enough energy in 2007 alone to avoid greenhouse gas emissions equivalent to those from 27 million cars — all while saving $16 billion on their utility bills. Energy efficient choices can save families about a third on their energy bill with similar savings of greenhouse gas emissions, without sacrificing features, style or comfort. ENERGY STAR helps you make the energy efficient choice.
In February 2008, Parker was awarded a matching grant from the Governor's Energy Office for the regional implementation of the ENERGY STAR New Homes program.
Douglas County is partnering with the Governer’s office to offer rebates to qualifying homeowners for the installation of insulation and air sealing measures through the Insulate Colorado program.
Qualified homeowners can apply for a rebate of 20 percent off the cost of installation of either attic or exterior wall insulation and basic recommended air sealing measures, or $300 maximum per home, whichever is less through the Insulate Colorado program.
Bob Bandy
According to data released Tuesday, September 9th, the number of homes on the market in Denver in August was 24,648, down 4 percent from July and 20 percent from August 2007.
"Inventory continues to decrease, which in my mind means two things," said Gary Bauer, an independent real-estate consultant. "One, we are coming to the end of the Denver foreclosure saga, and two, people are being more educated and smart about when they put properties on the market."
The average Denver single-family home’s median price was $225,000, down 1.8 percent from July and 12.5 percent from August last year.
Bauer predicts prices will bounce back next year. And with first-time homebuyer programs set to expire this month, now is a good time for them to get locked into a program, he said.
"We need first-time homebuyers in Denver," Bauer said. "They tremendously help the market to absorb foreclosures."
And Colorado’s largest mortgage lender, Wells Fargo, is making it easier for homebuyers to borrow money. They recently upgraded the status of the Denver real estate market from “distressed” to “stable”.
Until next time,
Bob Bandy
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