Help Shape the Future of Transportation in the Region! The Interactive Map is now open! As part of the 2050 Long Range Transportation Plan Update, the Pueblo Area Council of Governments invites you to share your insights on transportation challenges and opportunities in Pueblo West and across our region. Whether it’s about roadways, traffic, bicycle…
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Introduction to 2025 If the housing market could be summed up for this year in a concise statement it would be “continued uncertainty and affordability.” In my 2024 housing market outlook I predicted with interest rates easing a bit, and unemployment, inflation and wages moving in the right direction I thought 2024 would see a…
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This is one of those times that you could say that government really did cause your property taxes to go up. At least in respects to your vacant land in Pueblo West. According to the Pueblo County Assessor, there were roughly 1300 properties in Pueblo West that were identified an about 1,000 properties were given…
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The Pueblo County Treasures office is responsible for identifying, classifying, and determining the market value of all taxable real and personal property within a jurisdiction, essentially assigning a value to each property for the purpose of calculating property taxes; their primary function is to ensure fair and equitable distribution of the tax burden by accurately…
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Pueblo County Housing Market 2024 Introduction After a few years of home prices skyrocketing due to low mortgage rates and a lack of homes for sale the economic pressure of rising inflation and the subsequent rise in mortgage rates the market for homes sales in 2023 stayed pretty much stagnant. Not so surprisingly with…
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The NATIONAL ASSOCIATION OF REALTORS® affordability index measures whether or not a typical family could qualify for a mortgage loan on a typical home. A typical home is defined as the national median-priced, existing single-family home as calculated by NAR. The typical family is defined as one earning the median family income as reported by…
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On August 7, 2023, SB23206 concerning information about Radon in residential real estate transactions go into effect. The law requires that each sales contract for a residential property contain the following, or a substantially similar, disclosure in bold faced type: THE COLORADO DEPARTMENT OF PUBLIC HEALTH AND ENVIRONMENT STRONGLY RECOMMENDS THAT ALL HOME BUYERS HAVE…
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When a buyer is looking at purchasing a home with a lower interest rate it may allow them the qualify for a more expensive home and save them money in interest payments. With mortgage interest rates at 20 year highs some owners are gaining a competitive advantage of their low interest rates when…
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NEW FEDERAL REQUIREMENTS ON REAL ESTATE TRANSACTIONS IN COLORADO (Provided by the Land Title Association of Colorado, May 2023) The Financial Crimes Enforcement Network has been issuing orders called “Geographic Targeting Orders” since 2016. Under these orders, the title companies that close or underwrite residential transactions that meet certain criteria are required to make additional…
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Any time the government wants to get into messing with the housing industry it very rarely turns out good. This bill would severely impact the rental housing market and not in a good way. As the bill has passed through committee it was thought to be defeated with the swing vote by Democrat Dylan Roberts.…
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