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  <title>Sharon Morlock, RE/MAX Steamboat </title>
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  <id>http://activerain.com/blogs/sharonmorlock</id>
  <updated>2008-05-22T16:35:13Z</updated>
  <author>
    <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
  </author>
  <entry>
    <title>Did you know this? </title>
    <link href="http://activerain.com/blogsview/520906/Did-you-know-this" rel="alternate"/>
    <id>http://activerain.com/blogsview/520906/Did-you-know-this</id>
    <updated>2008-05-22T16:35:13Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;&lt;strong&gt;Bet you'll go to your kitchen to check this one out. I did.&lt;/strong&gt; &lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Well, I'm not telling everyone my age, as most of you already know...BUT...I had to go into the kitchen and check this out for myself. &amp;nbsp;Who ever looks at the end of your aluminum foil box? &amp;nbsp;What a fantastic idea. &amp;nbsp;Now, if someone would just make plastic wrap that didn't stick to itself. &lt;br /&gt;&lt;br /&gt;Ive been using aluminum foil for more years than I care to remember. Great stuff, but sometimes it can be a pain. You know, like when you are in the middle of doing something and you try to pull some foil out and the roll comes out of the box. Then you have to put the roll back in the box and start over. The darn roll always comes out at the wrong time. &lt;br /&gt;&lt;br /&gt;Well, I would like to share this with you. Yesterday I went to throw out an empty Reynolds foil box and for some reason I turned it and looked at the end of the box. &amp;nbsp;And written on the end it said, Press here to lock end.. &amp;nbsp;Right there on the end of the box is a tab to lock the roll in place. How long has this little locking tab been there? &amp;nbsp;I then looked at a generic brand of aluminum foil and it had one, too. &amp;nbsp;I then looked at a box of Saran wrap and it had one too! &amp;nbsp;I cant count the number of times the Saran warp roll has jumped out when I was trying to cover something up. &lt;br /&gt;&lt;br /&gt;I am sharing this with my friends that did not know this. &amp;nbsp;If you all ready know this, then it's just some renewed information and I'm dumber than I already feel. &amp;nbsp;If you didn't know this, let me know so I won't feel so dumb.&lt;/p&gt;
&lt;p&gt;&lt;br /&gt;&lt;strong&gt;I hope Im not the only person that didnt know about this......&lt;/strong&gt;&lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>MAKING A DIFFERENCE IN STEAMBOAT SPRINGS</title>
    <link href="http://activerain.com/blogsview/510256/MAKING-A-DIFFERENCE-IN" rel="alternate"/>
    <id>http://activerain.com/blogsview/510256/MAKING-A-DIFFERENCE-IN</id>
    <updated>2008-05-14T17:17:23Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;&lt;kbd&gt;&lt;span style="font-family: Verdana;"&gt;Here's something I think is REALLY WORTH TALKING ABOUT! &lt;/span&gt;&lt;/kbd&gt;&lt;/p&gt;
&lt;p&gt;&lt;kbd&gt;&lt;span style="text-decoration: underline;"&gt;&lt;strong&gt;&lt;a href="http://www.christforlifeskatechurch.com" title="Christ For Life Sk8 Church"&gt;CHRIST FOR LIFE SKATE CHURCH&lt;/a&gt;&lt;/strong&gt;&amp;nbsp;&lt;/span&gt;&lt;/kbd&gt;&lt;kbd&gt;&lt;a href="http://christforlifeskatechurch.com/BandTStory.html"&gt; &lt;/a&gt;&lt;/kbd&gt;&lt;/p&gt;
&lt;p&gt;&lt;kbd&gt;&lt;img title="sk8 church" src="http://activerain.com/image_store/uploads/3/1/0/2/4/ar121080281242013.jpg" height="132" alt="Christ for life" width="211" /&gt;&lt;/kbd&gt;&lt;/p&gt;
&lt;p&gt;This outreach is lead by &lt;a href="http://www.christforlifeskatechurch.com" title="Sk8 Church"&gt;Tara and Buck Chavarria&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style="text-decoration: underline;"&gt;How&amp;nbsp;Christ For Life Sk8 Church Began&lt;/span&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;One day in July Buck and Tara&amp;nbsp;had a large going away party for some friends&amp;nbsp;and they ended up with a ton of food left over. Tara was standing in the kitchen and&amp;nbsp;literally heard a voice say "bring it to the skate park". Not only was she scared but it was&amp;nbsp;weird to hear God so audibly, and no way was she going to go to the skate park and just serve food. She tried to go about her day and she&amp;nbsp;just couldn't get that voice to go away. So&amp;nbsp;Tara packed all the food and lemonade in the back of her car and when Buck&amp;nbsp;got home they&amp;nbsp;decided to go to the skate park. All they&amp;nbsp;did was feed everyone and meet them and it&amp;nbsp;exhilarated them! Buck &amp;amp; Tara&amp;nbsp;continued every Thursday and by the time it got cold they&amp;nbsp;moved the dinner to their own&amp;nbsp;house and had about 15 kids on average that came every Thursday. Sometimes they&amp;nbsp;give a talk sometimes they just hang out.&lt;/p&gt;
&lt;p&gt;&lt;span style="text-decoration: underline;"&gt;The Minsitry&lt;/span&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Christ for Life sk8 Church is a faith based, non-denominational organization that brings the Gospel to skateboarders and their culture in a fun, relevant, and non-threatening way. Our goal is to meet you where you are and show you the love of Christ. &lt;span style="text-decoration: underline;"&gt;You do not have to skateboard to hang out!&lt;/span&gt;&lt;/p&gt;
&lt;p&gt;&lt;a href="http://christforlifeskatechurch.com/BandTStory.html"&gt;&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;Tara and Buck would like to&amp;nbsp;construct thier own skate park to use year round. There will be a middle school night, a high school night, and an over 18 night. There will be an hour of skating, a short message, and then another &amp;frac12; hour of skating. All participants must stay through the whole time. Their goal is to provide a safe drug and alcohol free place where kids and young adults can hear a positive message.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Here is a 3 acre parcel in Steamboat Springs&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;img title="site" src="http://activerain.com/image_store/uploads/7/4/8/5/2/ar121080300325847.JPG" height="181" alt="Petrillo" width="336" /&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;It offers Sk8 Church everything&amp;nbsp;needed to make the dream come true! Take a look at this...&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&lt;img title="SK8 CHURCH" src="http://activerain.com/image_store/uploads/8/6/1/8/4/ar121080268648168.jpg" height="193" alt="CONCEPTUAL SITE PLAN" width="342" /&gt;&lt;/p&gt;
&lt;p&gt;There are fundraisings you can get yourself involved in and you can give to the ministry.&amp;nbsp;To get involved in the fundraising activities being held contact &lt;kbd&gt;&lt;span style="text-decoration: underline;"&gt;&lt;strong&gt;&lt;a href="http://www.christforlifeskatechurch.com" title="Christ For Life Sk8 Church"&gt;CHRIST FOR LIFE SKATE CHURCH&lt;/a&gt;&lt;/strong&gt;&amp;nbsp;&lt;/span&gt;&lt;/kbd&gt;&lt;kbd&gt;&lt;a href="http://christforlifeskatechurch.com/BandTStory.html"&gt; &lt;/a&gt;&lt;/kbd&gt;You can also donate money to the ministry. It would be appreciated greatly&lt;/p&gt;
&lt;p&gt;Missions&amp;nbsp;CFL sends out missions to places like Denver to reach the community.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>Perfect Investment Opportunity!</title>
    <link href="http://activerain.com/blogsview/509934/Perfect-Investment-Opportunity" rel="alternate"/>
    <id>http://activerain.com/blogsview/509934/Perfect-Investment-Opportunity</id>
    <updated>2008-05-14T14:05:59Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;&lt;img title="Walton Village Gamma 16" src="http://activerain.com/image_store/uploads/1/4/4/3/0/ar121079158303441.jpg" height="130" alt="Living Room" width="187" /&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Walton Village Condo&lt;/strong&gt;, Gamma 16 is ready for your special touch. This &lt;strong&gt;1 bedroom, 1 bath&lt;/strong&gt; condo is an upper level, corner unit with lots of natural light and privacy. Located a few steps to the free city bus and all Walton Village amenities - outdoor pool, two hot tubs, tennis and volleyball courts. Great potential.&lt;/p&gt;
&lt;p&gt;&lt;img title="Walton Village Gamma 16" src="http://activerain.com/image_store/uploads/1/2/2/8/7/ar121079165178221.jpg" height="122" alt="Bedroom" width="191" /&gt;&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Offered at $243,000.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>March 2008 Market Statistics for Steamboat Springs, Routt County Colorado</title>
    <link href="http://activerain.com/blogsview/487665/March-2-8-Market" rel="alternate"/>
    <id>http://activerain.com/blogsview/487665/March-2-8-Market</id>
    <updated>2008-04-28T12:11:08Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;&lt;strong&gt;&lt;u&gt;March&lt;/u&gt;&lt;/strong&gt;&lt;strong&gt;&lt;u&gt; 08 Highlights for Steamboat Springs and Routt County Colorado&lt;/u&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;img title="Lake Catamount" src="http://activerain.com/image_store/uploads/7/8/3/0/0/ar120940220900387.jpg" height="204" alt="Routt County" width="327" /&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;strong&gt;The overall Average Transaction Price was up to $687,037 for March 2008 compared to $645,077 from March of 2007&lt;/strong&gt; &lt;/li&gt;&lt;li&gt;&lt;strong&gt;The overall Median Transaction Price was up to $432,500 for March 2008 compared to $350,000 from March 2007.&lt;/strong&gt; &lt;/li&gt;&lt;li&gt;&lt;strong&gt;Year-To-Date for Residential Improved Units - Price Point Summary the following Price Points have remained strong compared to the same period for 2007;&lt;/strong&gt; &lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;strong&gt;&amp;bull;1.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/strong&gt;&lt;strong&gt;$800,001 to $900,000&lt;/strong&gt;&lt;strong&gt; Sold for 2007 - &lt;/strong&gt;&lt;strong&gt;&lt;u&gt;10 compared to 9&lt;/u&gt;&lt;/strong&gt;&lt;strong&gt; for the same period through March 2008&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&amp;bull;2.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/strong&gt;&lt;strong&gt;$900,001 to $1,000,000&lt;/strong&gt;&lt;strong&gt; Sold for 2007 - &lt;/strong&gt;&lt;strong&gt;&lt;u&gt;4 compared to 5&lt;/u&gt;&lt;/strong&gt;&lt;strong&gt; for the same period through March 2008&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&amp;bull;3.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/strong&gt;&lt;strong&gt;$1,000,001 to $1,500,000&lt;/strong&gt;&lt;strong&gt; Sold for 2007 - &lt;/strong&gt;&lt;strong&gt;&lt;u&gt;13 compared to 16&lt;/u&gt;&lt;/strong&gt;&lt;strong&gt; for the same period through March 2008&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&amp;bull;4.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/strong&gt;&lt;strong&gt;$1,500,001 to $2,000,000&lt;/strong&gt;&lt;strong&gt; Sold for 2007 - &lt;/strong&gt;&lt;strong&gt;&lt;u&gt;9 compared to 8&lt;/u&gt;&lt;/strong&gt;&lt;strong&gt; for the same period through March 2008&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&amp;bull;5.&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; &lt;/strong&gt;&lt;strong&gt;$2,000,001 to $2,500,000&lt;/strong&gt;&lt;strong&gt; Sold for 2007 - &lt;/strong&gt;&lt;strong&gt;&lt;u&gt;6 compared to 4&lt;/u&gt;&lt;/strong&gt;&lt;strong&gt; for the same period through March 2008&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Total Dollar Volume was $&lt;/strong&gt;&lt;strong&gt;52,278,700*&lt;/strong&gt;&lt;strong&gt; compared to $&lt;/strong&gt;&lt;strong&gt;141,794,800&lt;/strong&gt;&lt;strong&gt; for &lt;/strong&gt;&lt;strong&gt;March&lt;/strong&gt;&lt;strong&gt; 2007&lt;/strong&gt;&lt;strong&gt;.&lt;/strong&gt;&lt;strong&gt;&amp;nbsp; &lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&amp;nbsp;&lt;/strong&gt;&lt;strong&gt;The Total Units Sold was &lt;/strong&gt;&lt;strong&gt;89&lt;/strong&gt;&lt;strong&gt; compared to &lt;/strong&gt;&lt;strong&gt;242&lt;/strong&gt;&lt;strong&gt; for &lt;/strong&gt;&lt;strong&gt;March&lt;/strong&gt;&lt;strong&gt; 2007. &lt;/strong&gt;&lt;strong&gt;&amp;nbsp;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;*Of special note regarding the above Total Dollar Volume: There was one Transaction in Steamboat Mountain area for: $9,019,900 for Building 3 of the Village at Steamboat which sold to Worldmark Club.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;img title="Mt Werner" src="http://activerain.com/image_store/uploads/7/9/0/3/9/ar120940240993097.jpg" height="236" alt="photo" width="302" /&gt;&lt;/p&gt;&lt;p&gt;Please note that this information is provided by Bruce Carta - Land Title Guarantee Company and Land Title data comes from actual recorded transactions at the County Clerk and Recorder&amp;#39;s Office. The information is not directly related to MLS data. We believe this information to be accurate, but notguaranteed.&lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>SPEED TRAPS</title>
    <link href="http://activerain.com/blogsview/468132/SPEED-TRAPS" rel="alternate"/>
    <id>http://activerain.com/blogsview/468132/SPEED-TRAPS</id>
    <updated>2008-04-14T12:44:11Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;This is interesting. When you get the web site up, click on the state.&lt;br /&gt;&amp;nbsp;&lt;br /&gt;Then the next window is a listing of all the cities in that state.&lt;br /&gt;&amp;nbsp;&lt;br /&gt;Click on your city and there are the speed traps listed. &amp;nbsp; &lt;/p&gt;&lt;p&gt;&lt;strong&gt;SPEED TRAPS - NO JOKE... CHECK IT OUT!&lt;/strong&gt; &lt;/p&gt;&lt;p&gt;&lt;img title="speed trap exchange" src="http://activerain.com/image_store/uploads/6/5/4/9/0/ar12081948609456.jpg" height="153" alt="billboard" width="400" /&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;I had no idea this was available. &lt;/strong&gt;&amp;nbsp; &lt;/p&gt;&lt;p&gt;&lt;a href="http://www.speedtrap.org/speedtraps/stetlist.asp" target="_blank"&gt;&lt;strong&gt;http://www.speedtrap.org/speedtraps/stetlist.asp&lt;/strong&gt;&lt;/a&gt;&lt;br /&gt;&lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>FOLLOW-UP TO POSSIBLE AFFORDABLE HOUSING IN STEAMBOAT SPRINGS</title>
    <link href="http://activerain.com/blogsview/464832/FOLLOW-UP-TO-POSSIBLE" rel="alternate"/>
    <id>http://activerain.com/blogsview/464832/FOLLOW-UP-TO-POSSIBLE</id>
    <updated>2008-04-11T15:51:36Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;The Steamboat Springs Planning Commission voted, 4-1, to recommend approval of Elk River Village. &lt;/p&gt;&lt;p&gt;&lt;img title="architectural rendering " src="http://activerain.com/image_store/uploads/8/6/2/1/0/ar120794682401268.jpg" height="208" alt="Elk River Village" width="180" /&gt;&amp;nbsp;The approval came in spite of&amp;nbsp;the the difficulty of pedestrian, bicycle and mass transit connections to the site on the north side of U.S. Highway 40, but pointed out the fact that the Yampa River Core Trail is less than a mile away via Curve Plaza on the south side of the highway, a good connections to the city&amp;#39;s network of pedestrian and bicycle paths.&lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>Come To Steamboat Springs - Happenings</title>
    <link href="http://activerain.com/blogsview/463497/Come-To-Steamboat-Springs" rel="alternate"/>
    <id>http://activerain.com/blogsview/463497/Come-To-Steamboat-Springs</id>
    <updated>2008-04-10T20:03:03Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;Yes&amp;nbsp;the ski area closed on Sunday April 6th, but there&amp;nbsp;are plenty of good reasons to come to Steamboat. &lt;/p&gt;&lt;p&gt;Here&amp;#39;s a few events happening in Steamboat this weekend April 11th - 13th:&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Friday, April 11th&lt;/strong&gt; &lt;/p&gt;&lt;ul&gt;&lt;li&gt;The Family Development Center&amp;#39;s &lt;strong&gt;&lt;u&gt;Annual Island Casino Night Fundraiser&lt;/u&gt;&lt;/strong&gt; is from &lt;strong&gt;7:30 to 11:00 PM&lt;/strong&gt; at the &lt;strong&gt;Steamboat Grand Resort Hotel&lt;/strong&gt;. Features casino-style gaming with a poker tournament, cash bar, silent auction and appetizers. Admission is $40.00 at the door or $30.00 in advance - and includes $300.00 in gambling chips. &lt;u&gt;Benefits the Newborn Network, Child Care Netwrok and the Discovery Learning Ce&lt;/u&gt;nter. &lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;strong&gt;Saturday, April 12th&lt;/strong&gt; &lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;p&gt;&lt;strong&gt;Steve Boynton&lt;/strong&gt; to 7 PM at Chaps&amp;nbsp;in the Steamboat Grand and Resort Hotel. This is a FREE event and it&amp;#39;s for all ages.&amp;nbsp;&lt;/p&gt;&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;&lt;strong&gt;Sunday, April 13th&lt;/strong&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;&lt;strong&gt;The Sixth Annual North Routt Chili Cook-Off&lt;/strong&gt; starts at &lt;strong&gt;3:00 PM at Tuffy&amp;#39;s Roadhouse&lt;/strong&gt; (formerly the White Bison on Routt County Road 129). &lt;u&gt;Entries must be in by 1:30 PM&lt;/u&gt;. &lt;u&gt;Judging starts at 2:00 PM&lt;/u&gt;. &lt;strong&gt;Admission is $10.00 per adult and kids under 5 are FREE, Maximum per family cost is $40.00&lt;/strong&gt;. Call the Clark Store to enter or buy tickets. &lt;/li&gt;&lt;li&gt;An &lt;strong&gt;African Night fundraiser&lt;/strong&gt; for the Humanitarian, Education and Leadership Projects in Rural Zambia (HELPRZ) Club is &lt;strong&gt;at 4 p.m.&amp;nbsp;at the Steamboat Springs Community Center&lt;/strong&gt;. There will be a silent auction featuring African and locally made products, refreshments, entertainment and a slideshow presentation from Lennae Jenkins about the new Chimfunshi School.&lt;strong&gt; Admission is free&lt;/strong&gt;. &lt;/li&gt;&lt;/ul&gt;    </content>
  </entry>
  <entry>
    <title>Possible Affordable Units In Steamboat Springs</title>
    <link href="http://activerain.com/blogsview/463008/Possible-Affordable-Units-In" rel="alternate"/>
    <id>http://activerain.com/blogsview/463008/Possible-Affordable-Units-In</id>
    <updated>2008-04-10T15:14:43Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;&lt;img title="hotels by city" src="http://activerain.com/image_store/uploads/8/9/7/7/1/ar120785789117798.jpg" height="110" alt="Steamboat Springs" width="132" /&gt;&amp;nbsp;The Yampa Valley Housing Authority is seeking approval from the city of Steamboat Springs tonight for at least 34 deed restricted affordable housing units. &lt;em&gt;Elk River Village&lt;/em&gt; could be built on just over 10 acres along Routt County Road 129 with the potential of 54 multifamily condos in four 12 unit buildings, one six unit building and an additional 13 single family lots for 900 square foot homes with the option to add decks, car ports and second levels.&amp;nbsp;&amp;nbsp;&lt;/p&gt;&lt;p&gt;Although &lt;em&gt;Elk River&lt;/em&gt;&lt;em&gt; Village&lt;/em&gt; is currently zoned for commercial uses, the developer will show the planning commission how this project will benefit the public and that it satisfies the requirements of 6 acres of open space and the minimum of 34 deed restricted units. &lt;em&gt;Elk River&lt;/em&gt;&lt;em&gt; Village&lt;/em&gt; also meets other goals; it&amp;#39;s within a large number of employers in the area and walking distance to bus stops. &lt;/p&gt;&lt;p&gt;The number of deed restricted affordable units depends on the success of the Housing Authority putting together a finance package for the project. Depending on financing and construction costs, their goal is to have all units deed restricted. If everything proceeds in a positive direction, work could begin as soon as late summer early fall, structures ordered next winter and available for purchase in the summer of 2009. &lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>Reaching For The Sky!</title>
    <link href="http://activerain.com/blogsview/462923/Reaching-For-The-Sky" rel="alternate"/>
    <id>http://activerain.com/blogsview/462923/Reaching-For-The-Sky</id>
    <updated>2008-04-10T14:22:10Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;Climbing Wall In Steamboat Springs Middle School&amp;nbsp;&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;img title="SSMS" src="http://activerain.com/image_store/uploads/9/5/8/5/0/ar120785502005859.jpg" height="105" alt="SSMS" width="140" /&gt;&lt;/p&gt;&lt;p&gt;Lots of fundraising and planning by Steamboat Springs Middle School (SSMS) outdoor education program &lt;em&gt;Everything Outdoor Steamboat&lt;/em&gt; finally replaced the old climbing wall (a plywood structure built in 1994) and unveiled a new climbing wall. The realistic climbing wall, includes many tricky formations and an overhang, is more than 30 feet above ground in the schools main entrance and constructed of a steel structure with scraped concrete. It&amp;#39;s outfitted with 3 auto-belay systems that suspend ropes from the top of the wall to allow students to safely climb without needing belaying on the ground. Students are lowered slowly to the ground through tension on the ropes when they fall, thus no mechanical failure which meets insurance requirements for the structure and eliminates accidents. &amp;nbsp;This allows more kids to get use of the new climbing wall and learn climbing techniques. &lt;/p&gt;&lt;p&gt;&lt;img title="reaching for the sky" src="http://activerain.com/image_store/uploads/6/7/1/3/5/ar120785480353176.jpg" height="136" alt="climbing" width="90" /&gt;&lt;/p&gt;&lt;p&gt;The school looks forward to showing-off the new wall during an open house in the next couple weeks then possibly opening the wall to the public a couple nights a week with a small cost. Additional funding is still needed for a floor covering at the base of the wall and a 4&lt;sup&gt;th&lt;/sup&gt; belay system. &lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>Make A Soldier Smile!</title>
    <link href="http://activerain.com/blogsview/458789/Make-A-Soldier-Smile" rel="alternate"/>
    <id>http://activerain.com/blogsview/458789/Make-A-Soldier-Smile</id>
    <updated>2008-04-07T17:46:46Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;Did you know, some soldiers never receive care packages from home? Here&amp;#39;s a chance to fill some hearts! &lt;a href="http://www.treatsfortroops.com/"&gt;http://www.treatsfortroops.com/&lt;/a&gt;&amp;nbsp;It&amp;#39;s so easy and makes&amp;nbsp;them smile!&amp;nbsp; &lt;/p&gt;&lt;p&gt;My family is always sending my nephew care packages in Iraq and we usually over-stuff the boxes so he will often share with those that haven&amp;#39;t received anything. Can you even imagine, going through this war and never getting anything from friends or family? My heart fell when he mentioned this to my sister. They love getting anything and they&amp;#39;re so thankful! Treats For Troops has so many quick and easy package ideas with varying prices. If you&amp;#39;ve been thinking about how you can help in some way, our troops need our support and what a way to show them that we ARE thinking about them! &lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>Steamboat Season Passes </title>
    <link href="http://activerain.com/blogsview/458759/Steamboat-Season-Passes" rel="alternate"/>
    <id>http://activerain.com/blogsview/458759/Steamboat-Season-Passes</id>
    <updated>2008-04-07T17:19:44Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;strong&gt;&lt;p&gt;GET THE BEST PRICE OF THE YEAR!&lt;/p&gt;&lt;p&gt;Purchase by August 15, 2008 for&amp;nbsp;the best value!&lt;/p&gt;&lt;p&gt;Adult &amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 18-69 years&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $979&lt;/p&gt;&lt;p&gt;Teen &amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 13-17 years&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;$529.&lt;/p&gt;&lt;p&gt;Child &amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 6-12 years&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $289.&lt;/p&gt;&lt;p&gt;Senior&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; 70+ years&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; $349.&lt;/p&gt;&lt;p&gt;Every adult season pass also allows &lt;strong&gt;&lt;u&gt;one child 12 &amp;amp; under to ski free - all season long&lt;/u&gt;&lt;/strong&gt;.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;For just $75 more,&amp;nbsp;upgrade to the Ultimate Pass, unlimited skiing and riding at&amp;nbsp;Copper and Winter Park.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;br /&gt;Mother Nature blessed Steamboat this year, with a &lt;strong&gt;RECORD-BREAKING SNOWFALL...&lt;/strong&gt;over 40 feet of snow. &lt;/p&gt;&lt;p&gt;Wonder what she&amp;#39;s got in store for 08/09?&lt;/p&gt;&lt;/strong&gt;    </content>
  </entry>
  <entry>
    <title>A "WOW" ACTIVERAIN EXPERIENCE!</title>
    <link href="http://activerain.com/blogsview/454898/A-WOW-ACTIVERAIN-EXPERIENCE" rel="alternate"/>
    <id>http://activerain.com/blogsview/454898/A-WOW-ACTIVERAIN-EXPERIENCE</id>
    <updated>2008-04-04T17:51:42Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;Yesterday I was scrolling through blogs posted in the WCR Group and I stumbled&amp;nbsp;on this post: Alphabet Soup - Those Letters After My Name...and the Two Letters You Don&amp;#39;t See, by Margaret Rome. I wrote a comment to Margaret basically letting her know that I felt she had touched so many people&amp;#39;s lives because she had such tremendous comments back to her! Well...I&amp;#39;m sitting at the office and about 10 minutes after making my comment to Margaret&amp;#39;s blog my cell phone rings...who do think it was? RIGHT, it was Margaret! She wanted to tell me that my comment had really touched a part of her and felt the need to give me a call rather than a comment back! I was so impressed and while we spoke she shared ideas and thoughts and inspirations with me. I am indeed honored to have met Margaret and although our meeting was not face-to-face, I made a new&amp;nbsp;friend!&amp;nbsp;I have the ActiveRain network community to meet so many wonderful people. Thank you!&lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>OLD TOWN STEAMBOAT SPRINGS</title>
    <link href="http://activerain.com/blogsview/454858/OLD-TOWN-STEAMBOAT-SPRINGS" rel="alternate"/>
    <id>http://activerain.com/blogsview/454858/OLD-TOWN-STEAMBOAT-SPRINGS</id>
    <updated>2008-04-04T17:21:50Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;CALL PEGGY OR SHARON 800-945-4019 FOR DETAILS ABOUT THE HISTORIC &amp;quot;MARK TWAIN HOUSE&amp;quot; .&lt;/p&gt;&lt;p&gt;&lt;img title="431 7th" src="http://activerain.com/image_store/uploads/6/7/6/8/9/ar12073469298676.JPG" height="133" alt="exterior" width="233" /&gt;&amp;nbsp; &lt;/p&gt;&lt;p&gt;Magnificent downtown Victorian includes a separate&amp;nbsp;Carriage House. Restored to authentic period combined with charm and details. Spacious entry, extensive hardwood floors throughout, tall &amp;quot;river rock&amp;quot; wood-burning fireplace and a generous gourmet kitchen with granite counter-tops. &lt;/p&gt;&lt;p&gt;Main House: 3 Bedrooms/3 Baths&lt;/p&gt;&lt;p&gt;Carriage House: Two Bedrooms/2 Baths&lt;/p&gt;&lt;p&gt;Total Combined Square Footage: 3,800&lt;/p&gt;&lt;p&gt;Lot Size: .16 Acre&lt;/p&gt;&lt;p&gt;Offered at: $1,495,000. &lt;/p&gt;&lt;p&gt;Co-Listed with David Lacey, Century 21&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>STEAMBOAT SPRINGS COLORADO DEVELOPMENT OPPORTUNITY WITH INCOME </title>
    <link href="http://activerain.com/blogsview/453039/STEAMBOAT-SPRINGS-COLORADO-DEVELOPMENT" rel="alternate"/>
    <id>http://activerain.com/blogsview/453039/STEAMBOAT-SPRINGS-COLORADO-DEVELOPMENT</id>
    <updated>2008-04-03T16:14:20Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;&lt;strong&gt;CALL PEGGY OR SHARON 800-945-4019 ABOUT THIS Development, Investment, Live/Work Opportunity &lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;img title="PETRILLO LOT 1" src="http://activerain.com/image_store/uploads/2/3/2/1/2/ar120725660821232.JPG" height="161" alt="ABOVE GROUND VIEW" width="282" /&gt;&amp;nbsp; &lt;img title="PETRILLO LOT 1" src="http://activerain.com/image_store/uploads/6/5/1/0/1/ar1207256710156.jpg" height="162" alt="HWY 40 ENTRY" width="290" /&gt;&lt;/p&gt;&lt;p&gt;&lt;img title="PETRILLO LOT 1" src="http://activerain.com/image_store/uploads/1/5/1/6/5/ar120725677156151.jpg" height="170" alt="INDUSTRIAL WAREHOUSE" width="282" /&gt;&amp;nbsp; &lt;img title="PETRILLO LOT 1" src="http://activerain.com/image_store/uploads/8/5/7/6/1/ar12072568216758.jpg" height="169" alt="MINI STORAGE UNITS" width="298" /&gt;&lt;/p&gt;&lt;p&gt;Key location in Steamboat Springs with Hwy 40 access. Three prime acres. Close proximity to the river. Located in the heart of new development. High traffic counts. Zoned Industrial Enterprise. All existing uses &amp;quot;grandfathered-in&amp;quot; with property. Current usage is a new 3 bedroom 2 bath home, 26 mini-storage units (100% occupied), heated industrial warehouse. Business, Storm Mtn. Equipment included and assets are negotiable. &lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>3BD/2BA Steamboat Springs Colorado, PRICE REDUCED FROM $515,000.</title>
    <link href="http://activerain.com/blogsview/452969/3BD-2BA-Steamboat-Springs" rel="alternate"/>
    <id>http://activerain.com/blogsview/452969/3BD-2BA-Steamboat-Springs</id>
    <updated>2008-04-03T15:37:04Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;&lt;strong&gt;CALL PEGGY OR SHARON &lt;u&gt;800-945-4019&lt;/u&gt; ABOUT THIS INCREDIBLE VALUE!&lt;/strong&gt; &lt;/p&gt;&lt;p&gt;&lt;img title="SUNRAY MEADOWS 603" src="http://activerain.com/image_store/uploads/1/2/3/6/5/ar120725393956321.jpg" height="140" alt="LIVING ROOM" width="201" /&gt;&amp;nbsp; &lt;img title="UNIT 603" src="http://activerain.com/image_store/uploads/5/8/7/0/1/ar120725403210785.jpg" height="141" alt="LIVING DINING AREA" width="197" /&gt;&lt;/p&gt;&lt;ul&gt;&lt;li&gt;3 BEDROOMS, 2 BATHS&lt;/li&gt;&lt;li&gt;1154 SQUARE FEET&lt;/li&gt;&lt;li&gt;BUILT IN 2005&lt;/li&gt;&lt;li&gt;1-CAR GARAGE&lt;/li&gt;&lt;li&gt;NO STAIRS - DIRECT ACCESS FROM THE GARAGE INTO THE UNIT&lt;/li&gt;&lt;li&gt;SPOTLESS AND READY TO MOVE IN!&lt;/li&gt;&lt;/ul&gt;&lt;p&gt;BEST VALUE ON THE MOUNTAIN.&amp;nbsp;Lots of light with SW views. Gas fireplace, large laundry room, owmers allowed to have pets. Located on the free bus route for access all over Steamboat. LOW HOA includes gas heat, hot water and cable.&amp;nbsp; &lt;/p&gt;&lt;p&gt;&lt;a href="http://realestateinsteamboat.com/property_details.php?Mls_Num=120471&amp;amp;whichForm=featured&amp;amp;singleFamily=&amp;amp;timeShare=&amp;amp;condos=&amp;amp;commercial=&amp;amp;land=&amp;amp;Offset=0"&gt;http://realestateinsteamboat.com/property_details.php?Mls_Num=120471&amp;amp;whichForm=featured&amp;amp;singleFamily=&amp;amp;timeShare=&amp;amp;condos=&amp;amp;commercial=&amp;amp;land=&amp;amp;Offset=0&lt;/a&gt;&amp;amp; &lt;/p&gt;&lt;p&gt;&lt;a href="http://re/"&gt;&lt;/a&gt;&lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>PRICE REDUCED FROM $1,250,000.</title>
    <link href="http://activerain.com/blogsview/443863/PRICE-REDUCED-FROM-1" rel="alternate"/>
    <id>http://activerain.com/blogsview/443863/PRICE-REDUCED-FROM-1</id>
    <updated>2008-03-28T15:00:58Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;&lt;strong&gt;SECURE THIS GOLDEN OPPORTUNITY! CALL ME (970) 846-8804 OR (800) 945-4019 EXT. 18&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;PRICE REDUCED FROM $1,250,000.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;&lt;img src="http://activerain.com/image_store/uploads/4/2/9/4/0/ar120673374504924.jpg" height="571" alt="LIVING.DINING" width="630" /&gt;&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Minutes to &amp;quot;world-class&amp;quot; Steamboat skiing, this unit has clean and functional design. Completely furnished and turn-key, 5 bedrooms plus a huge family room. On the free city bus route.&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;img src="http://activerain.com/image_store/uploads/8/4/4/7/1/ar120673399817448.jpg" height="600" alt="DINING" width="800" /&gt;&lt;/p&gt;&lt;p&gt;3264 Snowflake Court, &lt;/p&gt;&lt;h1&gt;Steamboat Springs, CO 80487 &lt;/h1&gt;&lt;h1&gt;ID# 120402 &lt;/h1&gt;    </content>
  </entry>
  <entry>
    <title>How To Live Life</title>
    <link href="http://activerain.com/blogsview/443717/How-To-Live-Life" rel="alternate"/>
    <id>http://activerain.com/blogsview/443717/How-To-Live-Life</id>
    <updated>2008-03-28T13:35:55Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;If you have a few extra minutes, take the time to listen to this link.&amp;nbsp; I often need to be reminded of the important things in life! Hope you enjoy this.&lt;/p&gt;&lt;p&gt;&lt;a href="http://video.stumbleupon.com/#p=ithct48cqw"&gt;http://video.stumbleupon.com/#p=ithct48cqw&lt;/a&gt; &lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>Steamboat Springs Snowfall Record!</title>
    <link href="http://activerain.com/blogsview/443431/Steamboat-Springs-Snowfall-Record" rel="alternate"/>
    <id>http://activerain.com/blogsview/443431/Steamboat-Springs-Snowfall-Record</id>
    <updated>2008-03-28T10:45:23Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;Steamboat Ski Area had&amp;nbsp;another 4 inches of snow Thursday March 27, 2008&amp;nbsp;and&amp;nbsp;set a single-season snowfall record! The mountain&amp;nbsp;reported 450 inches of cumulative snowfall since October.&amp;nbsp;The previous mark of 447.75 inches set in the winter of 1996-97! &lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>WORTH WATCHING!!  USMC SILENT DRILL TEAM </title>
    <link href="http://activerain.com/blogsview/442023/WORTH-WATCHING-USMC-SILENT" rel="alternate"/>
    <id>http://activerain.com/blogsview/442023/WORTH-WATCHING-USMC-SILENT</id>
    <updated>2008-03-27T12:37:08Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;Here&amp;#39;s a link to the performance of the US Marine Drill Team at a Recent Denver&amp;nbsp;Nuggets Basketball game. It almost makes your hair&amp;nbsp;stand on end. (if you have any)&amp;nbsp; AFTER the 3 minute mark...it goes&amp;nbsp; from&amp;nbsp;fantastic to spectacular!&amp;nbsp;&lt;br /&gt;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&lt;br /&gt;&lt;a href="http://www.youtube.com/watch?v=Y90UPLLo6nY" rel="nofollow" target="_blank"&gt;http://www.youtube.com/watch?v=Y90UPLLo6nY&lt;/a&gt; &lt;/p&gt;&lt;p&gt;Whether you have a family member, friend or friend-of-a-friend in the US Military,&amp;nbsp;we have all been blessed by each amazing individual!&amp;nbsp;Go Army, Navy, Air Force and Marines! &lt;/p&gt;    </content>
  </entry>
  <entry>
    <title>Double Check Anything!</title>
    <link href="http://activerain.com/blogsview/437395/Double-Check-Anything" rel="alternate"/>
    <id>http://activerain.com/blogsview/437395/Double-Check-Anything</id>
    <updated>2008-03-24T16:48:12Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
Check out this website: &lt;a href="http://www.epinions.com/"&gt;http://www.epinions.com/&lt;/a&gt;&amp;nbsp; You can read or write reviews about millions of products or service.     </content>
  </entry>
  <entry>
    <title>OFHEO, FANNIE MAE AND FREDDIE MAC ANNOUNCE INITIATIVE TO INCREASE MORTGAGE MARKET LIQUIDITY</title>
    <link href="http://activerain.com/blogsview/433870/OFHEO-FANNIE-MAE-AND" rel="alternate"/>
    <id>http://activerain.com/blogsview/433870/OFHEO-FANNIE-MAE-AND</id>
    <updated>2008-03-21T17:51:02Z</updated>
    <author>
      <name>Sharon Morlock RE/MAX Steamboat (RE/MAX Steamboat)</name>
    </author>
    <content type="html">
&lt;p&gt;&lt;strong&gt;Washington, DC&lt;/strong&gt; - OFHEO, Fannie Mae and Freddie Mac today announced a major initiative to increase liquidity in support of the U.S. mortgage market. The initiative is expected to provide up to $200 billion of immediate liquidity to the mortgage-backed securities market. &lt;br /&gt;&lt;br /&gt;OFHEO estimates that Fannie Mae&amp;#39;s and Freddie Mac&amp;#39;s existing capabilities, combined with this new initiative and the release of the portfolio caps announced in February, should allow the GSEs to purchase or guarantee about $2 trillion in mortgages this year. This capacity will permit them to do more in the jumbo temporary conforming market, subprime refinancing and loan modifications areas. &lt;br /&gt;&lt;br /&gt;To support growth and further restore market liquidity, OFHEO announced that it would begin to permit a significant portion of the GSEs&amp;#39; 30 percent OFHEO-directed capital surplus to be invested in mortgages and MBS. As a key part of this initiative, both companies announced that they will begin the process to raise significant capital. Both companies also said they would maintain overall capital levels well in excess of requirements while the mortgage market recovers in order to ensure market confidence and fulfill their public mission. &lt;br /&gt;&lt;br /&gt;OFHEO announced that Fannie Mae is in full compliance with its Consent Order and that Freddie Mac has one remaining requirement relating to the separation of the Chairman and CEO positions. OFHEO expects to lift these Consent Orders in the near term. In view of this progress, the public purpose of the two companies, and ongoing market conditions, OFHEO concludes that it is appropriate to reduce immediately the existing 30 percent OFHEO-directed capital requirement to a 20 percent level, and will consider further reductions in the future. &lt;br /&gt;&lt;br /&gt;Additionally, all parties recognize the need for a world-class regulatory structure and have renewed a shared commitment to work for comprehensive GSE reform legislation. &lt;br /&gt;&lt;br /&gt;&amp;quot;Fannie Mae and Freddie Mac have played a very important and beneficial role in the mortgage markets over the last year,&amp;quot; said OFHEO Director James Lockhart. &amp;quot;Let me be clear - both companies have prudent cushions above the OFHEO-directed capital requirements and have increased their reserves. We believe they can play an even more positive role in providing the stability and liquidity the markets need right now. OFHEO will remain vigilant in supervising the safe and sound operations of these companies, and will act quickly to address any deficiencies that may arise. Furthermore, we recognize the need to ensure that their capital levels are strong, protecting them from unforeseen risks as the market recovers.&amp;quot; &lt;br /&gt;&lt;br /&gt;Fannie Mae President and Chief Executive Officer Dan Mudd said, &amp;quot;We are working with our customers, regulators and policy makers to minimize foreclosures, increase affordability - and as of today - to restore liquidity in the market. This progressive, sustainable plan will help bring the stability the market needs.&amp;quot; &lt;br /&gt;&lt;br /&gt;Freddie Mac Chairman and Chief Executive Officer Dick Syron said, &amp;quot;The recent environment demonstrates the benefits of the GSEs to the U.S. economy. This approach allows us to continue to create these benefits in a way that balances our mission to provide stability, liquidity, and affordability consistent with safety and soundness while enhancing the interests of shareholders.&amp;quot; &lt;/p&gt;    </content>
  </entry>
</feed>
