Aldo Svaldi
The Denver Post
Denver, CO, United States
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Recent articles by Aldo:
No surge in eviction filings in Colorado despite end of federal moratorium
Eviction filings in Colorado last month came in at two-thirds of the level seen in September 2019, despite the end of a federal eviction moratorium in August that gave landlords greater leeway to take action against tenants behind on the rent, according to the Colorado Apartment Association. → Read More
Consumer inflation hits a 20-year high in Denver area
Consumer inflation in metro Denver has reached its highest levels since 2001, when the dot-com boom pushed up prices and wages across the economy. → Read More
Surge in Colorado home prices both record-setting and widespread
The pandemic put a torch to U.S. home price appreciation, resulting in gains surpassing those seen even during the headiest years of the housing bubble. And in that hot national market, Colorado stands out for how many areas are seeing double-digit gains in home values. → Read More
Denver area home sales fell in September, while inventory rises a record amount
Metro Denver's housing market continued slowing in September, with the number of homes and condos sold falling sharply and the inventory of active listings on the market rising by a record monthly amount, according to a monthly update from the Denver Metro Association of Realtors. → Read More
A growing wave of New Zealand firms set up shop in Colorado
More than two dozen New Zealand firms, many start-ups, have set up shop in metro Denver and Boulder in recent years, making the region a launching pad for their American ambitions. → Read More
Job gains slow in Colorado as COVID-19 cases rise again
Colorado's unemployment rate dipped below 6% in August, the first time that has happened since the pandemic started in March of last year, despite a significant slowdown in hiring, according to a monthly update from the Colorado Department of Labor and Employment. → Read More
Colorado extends $11.3 million in tax incentives to four companies
The Colorado Economic Development Commission on Thursday morning approved $11.3 million jobs over the next eight years in the state. → Read More
Rising Front Range rents are widespread and will keep climbing
Apartment rents are rising rapidly across the northern Front Range, about triple the rate seen before the pandemic, with annual gains topping 20% in places like Parker and Colorado Springs. → Read More
Denver home prices drift lower for a second month from peak hit in June
The median price of a home or condo sold in metro Denver fell for a second month in August, and prices are now back to levels seen in April, according to a monthly update from the Denver Metro Association of Realtors. → Read More
Renting now costs less than buying a starter home in metro Denver
Buying an entry-level home in metro Denver used to be cheaper than renting a similar property or apartment. But steep home price gains during the pandemic have flipped the advantage in favor of renting this year, according to the monthly rental report from Realtor.com. → Read More
Rent collection rates in Colorado remain above average and stable in July
Only three out of every 100 apartment tenants in Colorado failed to make the July rent and eviction filings are holding steady at about half their historical levels, according to an update Monday from the Colorado Apartment Association. → Read More
Colorado’s richer enclaves make it a leader in wealth disparity
The Rocky Mountain region has the largest wealth gaps among its counties when measured in terms of the income earned from capital sources like stocks, bonds and property. → Read More
Full FDA approval provides employers a stronger shield for vaccine mandates
The Food and Drug Administration's approval of the Pfizer-BioNTech COVID-19 vaccine on Monday provides employers with the legal cover they need to make vaccines mandatory in the workplace, although some may hold off over fears of losing employees in a tight labor market. → Read More
Odds favor metro Denver landing U.S. tech hub for large European online sportsbook
Executives at Tipico, one of Europe’s largest sports betting platforms, called metro Denver the leading contender for a new technology hub as the company looks to expand its U.S. operations. → Read More
Denver region seeing a rise in “super commuters”
Rising housing costs likely contributed to an increase in the share of workers along the northern Front Range with grueling commutes of 90 minutes or more each way, and they could continue to do so in the future, according to a new report from Apartment List. → Read More
Denver’s Northstar Investment Advisors aligns its future course with California firm
Northstar Investment Advisors, a much larger southern California wealth management firm. → Read More
Buyers headed to the foothills during the pandemic, driving up home prices in Jeffco
Ten of the 12 neighborhoods with the highest rates of home appreciation for the year starting June 30, 2020, were located in Jefferson County. The other two were in Douglas County. → Read More
Rise of the delta variant has small businesses in Colorado and elsewhere worried
Fears about labor costs and supply shortages have taken a back seat to worries about what the Delta variant will do to the economy. → Read More
Metro Denver apartment market makes a sharp U-turn in the second quarter from comfortable to cramped
In three short months, metro Denver's apartment market has dramatically shifted from one with an adequate supply and modest rent increases to one where demand is way outstripping supply and rents are spiking, according to the Denver Metro Apartment Vacancy and Rent report from the University of Denver’s Daniels College of Business. → Read More
Colorado’s unemployment system adding multifactor authentication to cut back on fraud
The Colorado Department of Labor and Employment will require multifactor authentication in early August for accounts at MyUI+, the state's online portal used to file unemployment insurance claims. It's part of a larger effort to thwart the hijacking of unemployment accounts. → Read More