In some cases, the value of Summit County homes has risen by more than 40 percent. But Summit County assessor Beverly Breakstone said the increase doesn’t necessarily mean you’ll owe a lot more in property taxes next year.
“We’re very hopeful taxes don’t go up much,” Breakstone said. “The good news is, values have gone up.”
This […]

The recessionary pressure is also being felt in the local housing market, said Gary Severson, direc­tor of the Northwest Colorado Council of Governments.
  In Summit County, the avail­able inventory of homes for sale has doubled from a year ago, while the number of sales has dropped by half, he said, citing recent data from the […]

The recessionary pressure is also being felt in the local housing market, said Gary Severson, direc­tor of the Northwest Colorado Council of Governments.
  In Summit County, the avail­able inventory of homes for sale has doubled from a year ago, while the number of sales has dropped by half, he said, citing recent data from the […]

According to the Rocky Mountain Institute, the average American family spends about $1,900 annually on energy and produces around 26,000 pounds of Carbon diox­ide per year. Homes in this country account for about 20 percent of the country’s total greenhouse gas emissions.
  Many builders and organiza­tions in Summit County are join­ing in the effort to […]

The Summit County commissioners have placed Referendum 1A on the November ballot, asking voters to approve a tax hike that would raise about $5.9 million annually to establish a wildfire fund and to pay for open-space protection, affordable housing and other government services.
  Property-tax bills would rise about $11 for every $100,000 of assessed valuation, […]

The strong Canadian dollar and the American housing downturn have led many Canadian investors to buy properties in the U.S., June Fletcher writes in today’s Wall Street Journal. Fletcher found that Canadians made up the largest portion of foreign buyers of U.S. homes between May 2007 and May 2008. At 24% of all foreign buyers, […]

Though home prices continued to fall in July, there are growing signs that — in some regions at least — the market may be stabilizing as lower prices lure some buyers off the sidelines. But a broad housing recovery faces stiff headwinds in the form of rising unemployment, tighter credit for borrowers and a huge […]