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Revitalization gets its legs,
an article from the
Colorado Springs Business
Journal, reports
that South Nevada Merchant’s
Association, pulled together
by Rodeway Inn owner Bill
Kenline, 1st State Bank
President Ron Waller and
Travel Lodge owner Phillip
Rhyu, are working on
creating a business
improvement district and
extending downtown's
enterprise zone and urban
renewal district south to
Cheyenne Road and east to
Interstate 25. According to
Deanne McCann, El Paso
County economic development
manager, enterprise zones
are areas that have a
population less than 80,000
people, a median income that
is 75% of the state median
and an unemployment rate
that is 120% of the state
average. Real estate owners
within the zones qualify for
tax credits and can apply
for rehabilitation funding
for older, vacant
buildings. Under an urban
renewal designation,
developers and those who
improve their properties may
receive significant tax
benefits. The El Pomar
Foundation has agreed to
assign up to three of its
fellows to help
the organization create an
overall vision and plan.
City Councilman Jerry
Heimlicher said there needs
to be a cohesive vision that
“can be shared with all the
stakeholders — from city
planners, City Council, the
police department to local
business owners, residents
in the immediate
neighborhoods, developers
who would like to build new
business and residential
centers and homeowners from
the southwest.”
http://www.csbj.com/story.cfm?ID=19835
5 Ways to Get Your Listings
to Sell,
an article from
RISMedia.com,
reports that it’s important
to build your inventory of
listed properties, and
service and market them
well. Once you get the
listing, stay in touch with
your seller through phone
calls, emails or
face-to-face meetings.
Sellers need communication
to let them know you are
helping them sell their
home. To boost your chances
of selling, get other agents
excited so that of all the
homes on the market in
this price range, they
remember your listing.
Introduce your product with
a brokers' open house,
ideally within the first one
to two weeks of listing the
property. Finally, make
sure your listing is priced
right. If the house isn't
selling, meet with the
seller to discuss adjusting
the listing price.
http://rismedia.com/wp/2008-05-05/5-ways-to-get-your-listings-to-sell/
Additional articles that you
may find of interest:
Springs named No. 11 among
best places to build data
centers
http://www.gazette.com/articles/data_36015___article.html/center_study.html
City Auditorium murals,
Monument Creek wall are part
of New Deal's legacy
http://www.gazette.com/articles/deal_36041___article.html/new_city.html
Home values decline in first
quarter
http://www.denverpost.com/business/ci_9163386
Bernanke: Foreclosure woes
require action
http://money.cnn.com/2008/05/05/real_estate/Bernanke_home_prices_and_foreclosures/index.htm?postversion=2008050606
Can $15 billion and some
paint save your 'hood?
http://money.cnn.com/2008/05/06/real_estate/rehab_plan.moneymag/index.htm?postversion=2008050609
Fed reports tighter bank
lending standards
http://www.msnbc.msn.com/id/24470385/
Treasury Plans to Press
Lenders
http://online.wsj.com/article/SB121001844532568435.html?mod=RealEstateMain_1
Real Estate Marketing
Strategies: How to Make Sure
You Get the Money You've
Earned
http://realtytimes.com/rtpages/20080506_getmoney.htm |
