Annexation at Centerra to be taken up by Loveland City Council, an article from the Loveland Daily Reporter-Herald, reports that on Tuesday night the Loveland City Council will consider the annexation of 294 acres at Centerra. The annexation, called the Grange Addition, consisting of five separate parcels, including the former Cloverleaf Dog Track and the property across from Marketplace, could be added to Loveland and to Centerra. Greg George, director of development services for the city of Loveland said, "We don't really have any issues with the annexation. The Millennium (General Development Plan) over the last 10 years has resulted in very high quality development over there." According to documents in the application from McWhinney, the addition of these parcels of land will mean more nonresidential development will happen at Centerra than expected, and it will develop sooner.
http://www.reporterherald.com/news_story.asp?ID=17523
Over the horizon, a housing recovery, an article from CNNMoney.com, reports that according to a new study from the Joint Center for Housing Studies of Harvard University, "The State of the Nation's Housing 2008," the country is poised to see an increase in housing demand over the next decade. Nicolas Retsinas, director of the Joint Center for Housing Studies and on of the study's authors said, "The good news is that we still have a growing population. As long as you have more households, more people are going to need places to live." The Harvard study also found in early 2008, the nation had an 11-month supply of unsold new homes and a 10.7-month supply of existing single-family homes. A 6-month supply of existing homes is considered a buyers' market. In order to reduce the current supply, the market will require price declines, a decrease in interest rates, employment growth, a return of consumer confidence and the revival of accessible mortgage credit.
http://money.cnn.com/2008/06/23/news/economy/harvard_housing_study/index.htm?postversion=2008062303
Additional articles that you may find of interest:
Loveland sees more annexation requests
http://www.reporterherald.com/BusinessRH/business-story.asp?ID=17507
Home built to withstand tornadoes to be auctioned for children's charities
http://www.reporterherald.com/news_story.asp?ID=17524
Area FHA loans tripled since '07
http://www.coloradoan.com/apps/pbcs.dll/article?AID=/20080622/COLUMNISTS11/806220302/1046/NEWS17
Realtor carves senior niche
http://www.coloradoan.com/apps/pbcs.dll/article?AID=/20080623/BUSINESS/806230320/1046
Windsor Fire Museum location in question
http://www.coloradoan.com/apps/pbcs.dll/article?AID=/20080622/NEWS01/806220344/1002/CUSTOMERSERVICE02
Dude ranches grow in popularity
http://www.coloradoan.com/apps/pbcs.dll/article?AID=/20080622/NEWS01/806220359/1002/CUSTOMERSERVICE02
All Aboard!
http://www.timescall.com/News_Story.asp?id=9507
Medical campus vote is Tuesday
http://www.timescall.com/News_Story.asp?id=9492
Senior facility construction slated
http://www.greeleytrib.com/article/20080622/BUSINESS/260989066
States take a whack at foreclosures
http://money.cnn.com/2008/06/16/real_estate/States_action/index.htm?postversion=2008062120
Lawmakers to take last shot at housing bill
http://www.msnbc.msn.com/id/25317121/
NAR Adopts Rules for Disclosure of Short Sales in MLS
http://realtytimes.com/rtpages/20080623_disclosureshort.htm
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