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Colorado is unique in private ownership concerns. 66% of the land area in Colorado is held by the Federal and State governments, leaving only 33% of the area of this State to be held privately. That make all Colorado property valued higher than most parts of the nation. Grand Junction has become a top 50 ‘hot spot’ in real estate markets in the nation. This recent economic ‘boom’ has caused Grand Junction’s population to grow dramatically; the city’s population has increased an enormous 44.6% in the past ten years. This growth, however, far exceeds the growth in the number of affordable housing units in this area. Increases in local wages are also disproportionately below the levels to pay for housing. Various agencies are working diligently to house poverty and low-income families. Home payments and rents have increased substantially as well as home utility costs. This financial impact leaves many people out of choices for shelter and/or whether these families will heat or eat. The demand for real estate has made property acquisition very competitive and expensive. Habitat for Humanity of Mesa County has become an advocate in the real estate market for the 46% of the population in Grand Junction who live at or below 50% of poverty. This is why this Habitat affiliate is buying undeveloped parcels of property and developing them. Without this strategy, it is nearly impossible to find reasonably priced lots which are necessary to keep the costs of the home affordable for the Habitat family. Habitat for Humanity of Mesa County has procured two pieces of land for development: Camelot II which is will be completely built out in 2008; and the John H Hoffman property which is beginning the subdivision approval process and will have 52+ lots for our ever-increasing number of families in need.
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We are relocating to 2936 North Ave for your shopping convience in August 2008 . There are 3 office condominums for sale or lease which will help support this new endeavor. Until that time, our Store at 11th and Pitkin will continue to provide you a great shopping experience and customer service. The 11th and Pitkin Store hours are: 9:00 AM to 5:00 PM M-F and 9:00 AM to 4:00 PM Saturdays . |
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