1-Color
February 13, 2014
50 cents Adams County and Jefferson County, Colorado | Volume 69, Issue 15 A publication of
westminsterwindow.com
StevenSon reSignS
Supply is in high demand for Real Estate market Home purchases and mortgage rates to rise in 2014 according to experts By Amy Woodward
awoodward@coloradocommunitymedia.com Housing market experts seem to be in agreement that real estate is booming and healthy in Colorado. For Jeffco, single family homes averaged 48 days on the market which is a 32 percent decrease from 2012 where single family homes averaged 71 days, according to a market report from the Denver Metro Association of Realtors. “It’s showing a healthy market, it’s leaning a little bit to the buyer’s side and that’s just a lack of inventory,” Mike Welk, metrolist director of DMAR said. “That lack of inventory is going to be one of the obstacles consumers will face as demand surpasses supply. New listings are down 35 percent which is drastically under where the county is normally at,” Welk said. “When we have an increase in price and a decrease on days on market we’re just getting a competitive situation where supply is not there but the demand is very high which is driving the price up and lowering the days on the market,” he said. “We just need more inventory on the market for it to be more of a balanced market.” Still, buyers are purchasing homes over the asking price and cities like Golden are seeing homes being gobbled up by eager homebuyers. Today, the city of Golden has only six active listings and homes that hit the market can disappear in five days or less but no more than 26 days, according to Golden Real Estate. In the past there were 20 to 30 listings, said Jim Smith, broker and owner of Golden
Board member Julie Williams speaks to Jeffco Schools superintendent Cindy Stevenson, who announced her resignation Saturday rather than retire later this year. Photo by Crystal Anderson
Lack of trust by new board majority cited Superintendent Cindy Stevenson resigned from Jeffco Schools Saturday amid expressions of dissatisfaction with the direction of the school board. Following the general election in November, Stevenson announced her retirement and had agreed to serve through June — allowing the district time to recruit a new superintendent — before Saturday’s resignation. “I can’t lead and manage, because I am not trusted or respected by this board of education,” Stevenson said at the start of the meeting. “Consequently, I did approach the board, and said this isn’t working.”
‘I can’t lead and
Stevenson’s decision came after three months of work with a board that contains three newly elected board members: John Newkirk, Julie Williams, and Ken Witt, who are credited with sharing conservative perspectives. According to a press release, sent out by the board’s attorney, Stevenson approached the board seeking early termination of her contract. Stevenson said the three do not respect her or allow her to make decisions or lead the district. Throughout the meeting, which lasted less than 20 minutes, audience memStevenson continues on Page 11
manage, because I am not trusted or respected by this board of education.’ Cindy Stevenson, Superintendent of Jeffco Schools
Market continues on Page 12
International market comes to town By Ashley reimers
areimers@coloradocommunitymedia.com
POSTAL ADDRESS
What was once an Albertson’s is now H Mart, an international market specializing in Asian food. Opening last November, the grocery store at 5036 W. 92nd Ave. in Westminster is providing the community cuisine and food products found not only in Asia, but also from countries around the world. “Our main goal of course is we would like to be a neighborhood grocery market to this community, not only to people in Westminster, but people from Broomfield and other cities,” Won Ho Lee, administrator for H Mart Corporation said. “We want to be known as the friendly store that people can come to and shop and buy everything they want and need.” The 43,146-square-foot building is the second Colorado location, the first is in Aurora off South Road. 6x1.75_BringAppetite_Layout 1 2/3/14 11:15Parker AM Page 1 Lee said a Westminster location was the perfect place for a second store
because of its proximity to northern Colorado cities like Fort Collins and the Wyoming border. He said the large Asian population in the Westminster area was another draw. “We’ve gotten a lot of feedback from people that stated they are so happy to have H Mart very close to their homes,” Lee said. “They are happy to be able to buy unique items you can’t find at Western markets like King Soopers or Wal-Mart.” The unique items range from produce from the Middle East to fresh fish from Asia, which Lee said is a store specialty. The fish are shipped in from around the world and displayed whole for customers to choose from. Lee said the fish can also be cleaned upon request from customers. H Mart also features a deli with pre-made items like pot stickers and will eventually house a bakery. A portion of the building will also be dedicated to tenant businesses, one offering cosmetic
H Mart is a new international grocery store in Westminster offering food items from around the world, including jarred vegetables from Asia. Photo by Ashley Reimers services and the other selling furniture. H Mart is open 9 a.m. to 9:30 p.m. seven days a week. For more information, call 720-2875340 or visit www.hmart.com.
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