alaris key update
Mortgage Forgiveness Debt Relief Act
Under normal circumstances, debt forgiven as a result of a short sale or mortgage modification would count as income for tax purposes. Lenders send out 1099s to account for the amount of the debt they have forgiven. However, the Mortgage Forgiveness Debt Relief Act...
Tax Credit on Wind Energy Extended
Colorado ranks 12th in the nation in wind energy production, according to the American Wind Energy Association(AWEA), and wind turbines will keep on turning in 2013. Congress voted to extend the tax credit on wind energy that many said was key to the survival of...
Is Denver Recovering?
Denver ranks 36th among the nation's 100 largest metro areas in the strength of its recovery from the economic downturn. The Brookings Metropolitan Policy Program's "MetroMonitor" index of economic recovery compared the 100 cities on how far they have recovered from...
Foreclosures Down
Declines in foreclosures this year have been larger than expected. Foreclosure filings in twelve Colorado urban counties (including Denver, Adams, Arapahoe, Boulder, Broomfield, Douglas, El Paso, Jefferson, Larimer, Mesa, Pueblo and Weld) have fallen to their lowest...
2013 Should Be Interesting for the Housing Market
It is a bit early in the year to predict what Metro Denver will likely see throughout 2013; however, we like what we are seeing at the moment. It is as it has always been, housing follows jobs. As a result, we will be watching the employment numbers as they roll in....
Solar Friendly Communities
Colorado ranks fifth nationwide in the amount of solar power generated. New renewable-energy technologies (as well as a state mandate that Colorado’s investor-owned utilities get 30 percent of their power from renewable resources by 2020) boost Colorado’s production...