Provided by: Chris Wedgwood - Broker Associate - 303-815-6243
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A Growing List of Resources, Ideas and Helpful Content That I've Been Writing to Share With the World!
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This post discusses the legislative hostility accompanying affordable housing initiatives in Colorado.
How recently passed legislation is likely to impact real estate investors and affordable housing developments in the state.
How the amount of funding directed towards affordable housing initiatives has changed and how these funds will be allocated.
How the state is incentivizing local governments to promote more density in zoning, expedite the approval process, and subsidize the regulatory and infrastructure costs associated with new development for mixed-income and affordable housing projects.
The post argues that these policies will create a small supply of heavily regulated, deed-restricted housing that will be difficult to obtain and covered with so much red tape and bureaucratic nonsense, and concludes by discussing the potential impact of proposed legislation and how it is important to pay attention and prepare for what is coming.
The blog post discusses the impact of Colorado's 2022 election results on real estate investments. While voters rejected the "Free Evictions for All" ordinance, the author raises concerns about Proposition 123, which "Dedicates Revenue for Affordable Housing Programs" and provides funds for eviction defense within funding for homelessness. The author argues that the measure falls short in addressing housing affordability in Colorado, as it retains government standards for "affordable housing" that could limit entry for low-income buyers. Developers would likely build units that cater to higher-income buyers.
If you’re invested in the stock market, you’ve probably experienced plenty of volatility given the wild swings we’ve seen through the first half of this year. Lucky for you, the fact that you read this blog means you’re invested in real estate. While real estate investment is by no means immune to volatility, its proven time and time again to be one of the most robust assets available in times of economic instability. So how has this year of volatility affected your real investments and how might you be able to capitalize in this rapidly changing market?
Selling investment property takes a special skill that goes beyond marketing to the masses.
It's about knowing what investors look for, negotiating in ways that speak their language and ensuring that they see every bit of investment value that your property holds.
Get in touch and let's see if we can't unlock some hidden potential for your sale!
Whether you're a seasoned investor or making your first purchase, this fast moving - fast changing market can be daunting.
Don't let that stand in the way of your goals! The rules of yesterday might not be the rules of tomorrow.
Schedule a purchase consult today and let's discuss how we can maximize your next great investment!
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Chris Wedgwood
RE/MAX Alliance
5440 Ward Rd.
Arvada, CO 80002
Ph. 303-815-6243
E. RealWedgwood@gmail.com