Posted inBusiness, Economy, Growth, Housing, News

Housing demand is greater than ever but Colorado is building fewer homes than expected. Here’s why.

In a past life, Susan Ohlhaber helped people as a mental health counselor. Actually, it wasn’t that long ago. It was just last year. Then the COVID-19 pandemic began and she was laid off. Ohlhaber, who lives in Morrison, is now learning the difference between a jig saw, a circular saw and a reciprocating saw. […]

Posted inHousing, News

How bad is the housing crunch in Colorado’s high country? Just look at census vacancy data.

By most accounts, the housing market in Colorado mountain communities has never been tighter. People have flocked to mountain towns during coronavirus, even as many resorts shut down. Seasonal workers are being forced to move to different communities because they can’t afford rent, causing labor shortages for local businesses.  And yet, several high country communities […]

Posted inBusiness, Economy, Equity, News

12 charts that tell you everything you need to know about Colorado’s Paycheck Protection loans

Now we know.  Denver breakfast chain Snooze made it through the first year of COVID-19 thanks to a $10 million Paycheck Protection Program loan. Snooze’s loan was forgiven on June 11, according to data provided by the U.S. Small Business Administration.  Same with Intrepid Potash, a Denver fertilizer manufacturer that said it received full forgiveness […]

Posted inBusiness, Economy, News

Federal loans saved Colorado salons last year. But now other economic forces are cutting their profits.

When Deseo Salon and BlowDry in Denver was forced to close for two months in 2020 due to the coronavirus pandemic, owner Sherry Velarde didn’t know what was in store for the future.  Like hundreds of thousands of Colorado businesses, Velarde applied for a federal Paycheck Protection Program loan, the popular COVID-19 relief aid for […]