Showing posts with label Pueblo Property Management. Show all posts
Showing posts with label Pueblo Property Management. Show all posts

Tuesday, April 2, 2013

Who Says Money Doesn't Grow On Trees?

The Realty Times, in an article published on April 2, says that having trees on your property adds value to your home. They emphasize that though having trees on your property is important, it is just as important to have the right tree for the right location.



They go on to say:
"
  • HomeLogic reports the USDA Forest Service says a single tree on a property adds about $630 to the value of the property, provided the right tree is used in the proper location. 
  • Over time, three well placed trees can save even more in energy savings - from $100 to $250 every year, due to cooling shade and winter windbreaking. 
  • The U.S. Environmental Protection Agency says strategically planted trees and vegetation that block the sun's rays and reduce heat transfer to a home can reduce cooling energy consumption by up to 40 percent annually.And then there's the reduced carbon footprint that helps save the planet. It's tough to put a price tag on Mother Earth.
  • HouseLogic reports the Trust for Public Land estimated that one mature tree takes 48 pounds of carbon out of the atmosphere each year and returns enough oxygen for two human beings .For the return on your money, trees are a cheap investment. 
"

Read the whole article on RealtyTimes: http://realtytimes.com/rtpages/20130402_moneytrees.htm

Tuesday, January 29, 2013

Gazette: Winter Watering of Landscape Especially Important This Year in Colorado Springs


Published by The Gazette | January 28, 2013 | Written by R. Scott Rappold
Trees Need Water All Year
Drought — you can see it everywhere.
From the bare hills of the Waldo Canyon burn scar to half-full reservoirs to the mostly snowless face of Pikes Peak, there’s no denying this winter is shaping up to be even worse than last year.
As of last week, mountain snowpack was at 62 percent of average and Colorado Springs had received less than half its normal winter precipitation. Forget about your lawn. Experts say, in such times, people need to act to save their trees from what one local company called the “horticultural cliff.”
“Winter watering right now is just critical,” city forester Paul Smith said. “Boy, when we get those 50-degree days, people should drag that hose out and let it run slow on their trees.”
* * *
Myth: Colorado Springs is a natural environment for our many trees.
Fact: The city was a tree-less prairie when founded in 1872.
* * *
The Pikes Peak region has been in and out of drought for more than a decade, which has led the city to remove hundreds of dead or dying trees from medians and rights-of-way.
“We always live in a drought area,” Smith said. “We’re a semi-arid to an arid high plains desert, so we’re always in a water deficit.”
Still, the elm, spruce, oak and other trees that have been planted over the years usually can survive, if not thrive, in this climate.
But when stressed by persistent drought, they become vulnerable to pests and disease.
Smith said ips beetles have been killing spruce and ponderosa pine at a higher-than-normal rate. Scale insects have been killing older elm trees. While the mountain pine beetle that has decimated the northern part of Colorado isn’t here in great numbers, other insects such as weevils are. There is also the threat of disease, such as Dutch elm disease and pine wilt, which attacks Austrian and Scotch pine.
* * *
Myth: Trees go dormant in winter and don’t need water.
Fact: While the tree’s functions slow, it does not shut down.
* * *
“Think of yourself sleeping at night. You’re not burning a lot of calories. You are still burning some calories because those internal functions are still happening,” said Barbara Bates, El Paso County horticulture agent for the Colorado State University Cooperative Extension. “Trees are still burning some sugars. They’re still doing respiration. They’re still doing maintenance.”
That’s why she said at least once a month, when the temperature is in the 40s or 50s and the ground isn’t frozen, people should water their trees.
Pines should be the highest priority because they stay more active in winter, as well as trees on south- and west-facing slopes that receive more sunshine. And the time to do it is now, to help the trees produce more and healthier buds in the spring.
“If you can do some preventative watering and try to keep those trees out of the stress zone, you’re saving yourself money in the long run and that’s the best thing you can do to try to ensure the survival of the tree,” Bates said.
* * *
Myth: You should water the trunk of a tree.
Fact: Watering is most effective at the “drip line,” the edge of the canopy.
* * *
When you’ve dragged out the garden hose on a warm winter day, Bates suggests finding a way to water slowly, to ensure that more water sinks into the cold ground. Use a low sprinkler setting or pour from a bucket with holes in the bottom.
Around the tree’s canopy, drop enough that each area gets at least 2 inches of water.
In city parks and medians, crews use water trucks to irrigate trees whenever the temperature is high enough. But trees in the rights-of-way along streets are the responsibility of residents to water.
But watering might not be enough, especially if the dry winter becomes a dry spring.
“The typical customary March and April, you get some decent heavy, wet snow. That’s the bulk of the moisture, our snowiest months,” said Tony Hahn, landscape care consultant with Swingle Lawn, Tree & Landscape Care, “Last April we didn’t get it. And last March we didn’t get it.”
By June, the city was parched and the foothills were a tinderbox, a perfect storm for the outbreak of the Waldo Canyon fire, the most destructive in Colorado history.
As spring arrives and insects get more active, he said residents should keep a close eye on conifers such as spruce and Austrian and ponderosa pine, especially if they are on a south- or west-facing slope. Signs of poor tree health include slow growth, change in needle colors, needles dropping and small, nonproducing buds.
Holes in bark, sawdust, yellow or red spots and the presence of woodpeckers are indications of insects. Older, larger trees are most susceptible, Hahn said.
Concerned tree owners can hire a company to spray preventively or after-the-fact for insects, at a cost of about $70 for two trees and $8-$15 per additional tree, Hahn said.
Bates, the horticulture agent, was asked how worried she is for the health of Colorado Springs’ trees.
On a scale of one to 10, she said, “We’re all at about 10 right now, maybe between 9 and 10. We’re all very concerned.”


Read more: http://www.gazette.com/articles/watering-150275-winter-age.html#ixzz2JOM6W6Pa

Monday, December 31, 2012

Developers to Bring on New Lots in 2013 in The Pikes Peak Region


Published by The Colorado Springs Business Journal | December 27 2012 | Written by Amanda Miller

New home construction heated up in 2012 and most in the industry expect that the building will continue into 2013.

The Pikes Peak Regional Building Department issued 2,022 single-family building permits in the first 10 months of the year. There were more single-family permits issued in El Paso County this year than in any other county in the state, according to a report from the Colorado Division of Housing. El Paso and Douglas counties accounted for a third of the 9,261 single-family building permits issued in the state through October.

It was a great year for Colorado Springs homebuilders, said John Bissett, CEO of JM Weston Homes and new president of the Colorado Springs Housing and Building Association.

“It was about 50 percent better than 2011,” Bissett said.

New home construction has been up across the country, he said, and it seems like the increased activity will continue, though 2013 is unlikely to climb another 50 percent ahead of 2012.

“The buying public has been sitting on the sidelines long enough,” Bissett said.

He said there has been pent-up demand and people are now coming out to buy new homes. Bissett said most of the activity has been in the lower and mid-range homes priced less than $300,000. That’s likely to continue, though Bissett said there could be increased interest in higher-priced homes as the market continues to improve.

“What you’ll see in 2013 that you haven’t seen for years will be developers working on bringing more lots online,” Bissett said.

He says it will start with Cordera, a luxury development on the northeast end of town, which is preparing to bring new lots online early in the new year. While developers will be finishing more lots, Bissett said he doesn’t expect to see developers breaking ground on any new communities in 2013.

“Developers are still pretty constrained in terms of obtaining financing,” Bissett said.


Thursday, December 6, 2012

CNNMoney: There's a Home Price Recovery… but it's Really, Really Slow

Published by CNN Money | December 5 2012 | Written by Les Christie

...If Congress can't agree on a fiscal cliff deal, a recession is likely, and that would hit the housing recovery hard.


Photo: Forstein Blackwood APP / Getty Images



NEW YORK (CNNMoney)

Just about everybody agrees that the housing market is finally recovering -- but don't expect big price gains.

Nearly two-thirds of the nation's housing markets will see price declines for the year through next June, according to analytics firm Fiserv (FISV). Overall, the gains will be just 0.3%.
One big factor that could weigh on prices: The fiscal cliff.

If Congress can't agree on a deal to halt a series of tax increases and spending cuts, a recession is likely, and that would hit the housing recovery hard.

In addition, if the Bush-era tax cut on capital gains is allowed to expire -- allowing the rate to increase to 20% from 15% on Jan. 1 -- it would take a significant bite out of the profits high-end sellers would realize and give them less to spend on buying a new home, said Celia Chen, an economist and housing market analyst for Moody's Analytics.
"Even people who do have the resources to buy homes will be more nervous," she said.
But even if we avoid the fiscal cliff, there are other factors weighing on home prices.
In order to raise more tax revenue, Congress is considering putting a cap on the mortgage interest tax deduction, a key tax break aimed at encouraging homeownership -- mainly among the upper-middle class.
Most of the benefit of this deduction goes to wealthier households. Mortgage borrowers with incomes of $250,000 or more realize an average annual tax savings of $5,460, according to the Tax Policy Center. Meanwhile, those making less than $40,000 a year, save just $91.
Capping the deduction would discourage buyers from buying bigger, more expensive homes, said Chen.
But it's not just the high-end of the market that could get squeezed.
With Congress distracted by the fiscal cliff, there is a real chance that the Mortgage Debt Forgiveness Act of 2007 could expire come January 1. If the act were to lapse, struggling homeowners will have to start paying income taxes on the portion of their mortgage that is forgiven in a foreclosure, short sale or principal reduction.
That means homeowners will be on the hook for thousands of dollars in taxes that they likely can't afford. That will force more people who could have sought a less damaging alternative, like a short sale, to choose foreclosure instead.
Fiserv's estimates assume that about half of the fiscal cliff tax hikes and spending cuts will occur, said Stiff. The forecast does not take into account any change to the mortgage interest deduction. Should that deduction expire, Stiff said home prices might be even weaker over the short-term.
Home prices: Biggest winners and losers
These cities will see the biggest swings in home prices through the 12 months ending June 30, 2013, according to Fiserv's estimates.
CityForecast change
Medford, Ore.8.7%
Yuma, Ariz6.2%
Syracuse, N.Y.5.2%
Hagerstown, Md.5.2%
Pittsfield, Ma4.9%
Naples, Fla.-7.6%
Fort Lauderdale, Fla.-7%
Orlando, Fla.-6.9%
San Jose, Calif.-5.9%
Phoenix-5.8%
Source: Fiserv
Fiserv expects home prices to start heating up again next fall. Between June 2013 and 2014, it expects prices to climb 3.4% and to continue to grow at an annual rate of about 3.3% over the five years through June 2017. To top of page