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Why Are So Many Trees Dying in Colorado?

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On a recent trip on I-70 to evaluate some land for a client, I was confronted with sad but beautiful image of red forests stretching for miles across the hills. The image of a red "evergreen" contrasting against the green scenery is mesmerizing at first until you take a closer look at red death destroying millions of trees in Colorado. Beetle epidemics across the western United States are becoming more obvious every season with entire landscapes turning red and brown as trees die. In northwest Colorado the beetle epidemics, triggered by extended drought in aging forests, are intensifying at an alarming rate, and there is little that can be done to stop them. Actions can be taken to protect high value areas such as ski areas, developed campgrounds and trees in people’s yards. Hastening Death: Pine beetles carry a fungus on their body and legs. Once they enter the tree, the fungus multiplies and spreads. This blue stain fungus blocks the transport of water up the tree’s trunk
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Green Homes in Colorado: Saving Rain Water

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Colorado’s hot, dry summer’s weather may mean another round of water shortages. With water restrictions in place, keeping your family’s backyard flower and vegetable gardens moist and viable could be a serious challenge. Consider purchasing a rain barrel. These heavy-duty plastic or wood barrels catch rainwater and store it until you need it. A rain barrel allows for the practical reuse of water that otherwise would run down your driveway into a street drain, form puddles in your yard or feed into area streams. Reusing rainwater doesn’t just help the environment; it can lower your water bill and teach your kids about the importance of water preservation. The federal Environmental Protection Agency estimates that lawn and garden watering comprise nearly 40 percent of household water use during the summer, and that a rain barrel can save most homeowners about 1,300 gallons of water during peak summer months. Because it’s naturally soft and doesn’t contain minerals, chlorine, fluoride or
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Fed Votes to Raise Key Interest Rate Again

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On Wednesday, the Federal Reserve took a largely expected move to raise its key interest rate one-quarter percentage point. This marks the second of three hikes that is expected to occur this year. While mortgage rates aren’t directly tied to the Fed’s key interest rate, rates are still influenced by the movement. Mortgage rates are predicted to start rising, and many homeowners and prospective homeowners are already bracing for an uptick. In a recent survey of home buyers and owners by Berkshire Hathaway, 55 percent of millennials reported discouragement about buying a home due to rising rates. Some 68 percent feel pressured to buy a home before rates increase further. The latest rate hike is partly justified from ongoing economic expansion and also a steadily falling unemployment rate, however, the Federal Reserve should be mindful of the lower than expected rate of inflation and the consequent low interest rates on long-dated bonds, like 10-year Treasury and 30-year mortgage
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Large single family home sales report in Willow Creek jan 2006 to june 2008

Willow Creek in Centennial is a large subdivision of more than 1800 homes. The homes in willow creek vary widely form one area to another, and are subdivided into multiple HOA's. Determining the value of a home in WC is more of an art than a science, since the homes vary from, Townhomes, to Patio homes, to single family homes with an attached garage. In order to come up with a reasonable idea of what your home's value is, we organized our reports into four separate categories: Townhomes, Patio homes with a detached garage, Single family homes smaller than 2400 sq feet, and larger single family homes over 2400 (above ground) sq feet. This report is for homes larger than 2400 Square feet in Centennial, Willow Creek Date Avg sale price ($) Avg days on market Avg $/SqFeet Homes Sold Jan-Jun 2006 415K 46 162 8 Jul-Dec 2006 425K 68 166 19 Jan-Jun 2007 435K 54 162 8 Jul-Dec 2007 443K 100 168 13 Jan-Jun 2008 449K 136 167 6 Data is from the MLS and includes sold listings by all particip
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