Colorado Real Estate News

Five Trends to Watch in Colorado Economic Development

Written by Kentwood Real Estate President and CEO Gretchen Rosenberg

When I moved to Denver in 1982 it was literally and figuratively a cow town. Nothing wrong with cows, they’re cute. I won’t eat one, but the ranching lifestyle they represent has been deeply embedded and identified with our region for many generations.

That hasn’t been the case in recent years and it’s becoming more a part of our history and legacy than the day-to-day reality for most Coloradoans. Ranching, cows, and sheep are not a driver of our region’s future as much as what built the foundation for our success in the new economy of the 21st Century.

Colorado’s Future

The trends I’m watching for our future involve passionate and committed community members who are fashioning the Front Range of Colorado into a vibrant and exciting region. From technology to bioscience, green energy to healthcare solutions, Futbol to mountaineering, and of course, wine, microbrews, and fine dining. We’re on the move out here in Colorado.

  1. World Cup 2026 – We’re working to bring the 2026 FIFA World Cup to Denver! For all the Futbol lovers out there, we promise you an experience of a lifetime if we secure Denver as a host city. If you don’t know Futbol, you may recognize a game we know as soccer. We’re pretty excited to yell GOOOOOOOOOAL! When FIFA chooses Denver to host in 2026. Visit https://denver2026.com to learn more and sign up as a booster or volunteer. #Denver2026!
  2. Clean Energy – The news that Vestas wind energy company is closing and repurposing some facilities does not dampen Colorado’s leadership on clean energy and green energy. The Metro Denver Economic Development Corporation is helping lead the way to a balanced energy economy. The energy and natural resources industry is Colorado’s most diverse. Coloradoans are committed to supporting all of the sectors within the energy industry to help us move to cleaner energy while maintaining employment and innovation. http://www.metrodenver.org/industries/energy-natural-resources/
  3. Colorado Lifestyle Reigns – Visit Denver and Visit Fort Collins offer exciting ideas for how to get out and enjoy our wonderful lifestyle. Most of us transplants came for the outdoors and stayed for a combination of outdoors along with the arts, sports, dining, and community. Even with COVID restrictions, we’re finding ways to stay in tune with our environment and our communities. This trend will only accelerate as COVID restrictions lift and life gradually begins to hit the stride of our new normal post-pandemic. https://www.denver.org/things-to-do/https://www.visitftcollins.com/
  4. Housing Opportunities – Along the northern Front Range of Colorado from south of Metro Denver up through Loveland and Fort Collins we currently have a shortage of available housing. Many homebuyers are looking to purchase and are faced with making repeated competing offers to secure a winning bid. This, along with record-low interest rates have driven home prices to new highs. Renters are also struggling with availability and affordability. The opportunity for our homebuilders, who are struggling to meet demand, and potential home sellers is terrific. This is, and will remain for some time, a great season to sell a property. Check out the Colorado Market Trends from the Colorado Association of Realtors: https://www.coloradorealtors.com/market-trends/regional-and-statewide-statistics/
  5. Wine – Do I have your attention? What does Colorado have to do with wine or wine with economic development, you’re thinking? We do actually have a wine and vineyard industry, generally concentrated along our Colorado Western Slope. https://coloradowine.com/ AND we also have a burgeoning wine scene in Metro Denver. Kentwood Real Estate is working with Naked Wines to help them plant their flag in Colorado. We’re very excited to welcome the Naked Wines team to Colorado and I’m particularly enthused about hosting a wine tasting as soon as we’re able. Check out the Naked Wines site here: https://us.nakedwines.com. I’m drawn to Willamette Pinots and Pinot Gris Rose’s. It will be fun to see them flourish once they set up their stand in Colorado.

Stay tuned for more from Denver, Fort Collins and Colorado in general! We’re growing on you!

If you’re thinking of making a move to Colorado, check out the Kentwood Real Estate website for more information on all of our local communities and to search for your next home. www.Kentwood.com.

Colorado Real Estate News

Snowshoe Trails in Colorado

Are you anxiously awaiting adventure this winter, tired of watching the snow fall outside your window? If skiing isn’t your thing, why not try snowshoeing? For those looking for fun in the sun and snow, here are some snowshoeing trails so you can get up and go.      

Mills Lake, located in Rocky Mountain National park, is a scenic five-mile hike around a gorgeous frozen lake against a backdrop of snow-sprinkled Pagoda peak and Longs peak. While Rocky Mountain National Park is not exactly an isolated locale, this trail is known for being a little less crowded due to its length. For those feeling particularly motivated, Mills Lake is the perfect mountain trail to test your skills. 

Also located in Rocky Mountain National Park, Sprague Lake is the perfect destination for those donning their snowshoes for the first time. This hike around an idyllic lake is both short and flat, ideal for those looking for a quick adventure before cozying up with some hot chocolate. If you’re seeking a brief snowshoeing experience, look no further than this spectacular Sprague Lake hike. 

Brainard Lake in The Brainard Lake Recreation Area is the best place for those feeling indecisive about how long they want their winter wonderland experience to last. The trail circles beautiful Brainard Lake and connects to other charming trails such as Lake Isabelle in case you’re feeling more ambitious than you originally thought. While the Brainard Lake Recreation Area is bustling in the summer, the crowds dim during the winter months, offering you a serene snowshoeing experience.    

Located in Golden Colorado, you can find Clear Creek Trail in Lions Park. This trail requires a bit of snowfall before you can use it for snowshoeing, but the wait is more than worth it. Clear Creek Trail offers a chance for an exciting urban experience where you can enjoy the small-town charm of Golden painted against a picturesque Front Range background. So, when you’re done spending time in the snow, you can slide right into a fun night of snacking and shopping.  

Quandary Peak is the place to be if you’re looking for a challenging fourteener hike near Breckenridge, Colorado. This seven-mile trek is not for the faint of heart (make sure to read the guidance and warnings before you head out!), but the view from the top makes the climb worth the effort. If you are looking to annihilate a fourteener this winter while snowshoeing, Quandary Peak Trail is the best quest for you.    

Zimmerman Lake in Cameron Pass is an ideal location for snowshoeing all winter long due to the Pass’ excellent ability to retain snowfall. The lake is just one mile away from the parking lot and allows you to admire the Never Summer Mountains. This hike connects to other relatively flat trails if you want to explore more of this perpetually snowy pass.

You don’t have to stay inside and wait for sunny weather to chase adventure. Winter in Colorado means lots of chances to make spectacular memories in the snow. This winter, try strapping on a new pair of snowshoes, follow your feet and find a whole new climb to conquer.

Colorado Real Estate News

Exploring Old Town Fort Collins

Colorado is packed full of beautiful mountain towns, ski resorts and dazzling cities, but it’s important not to miss the many hidden gems, one of them undoubtedly being the historic Old Town Fort Collins. Located in Northern Colorado, Old Town Fort Collins has been growing in popularity as a weekend destination with beautiful scenery, great places to eat and a passion for displaying local art! Read on for a whole day’s worth of food, drinks and incredible socially distanced experiences that you just can’t miss when visiting Old Town.

Breakfast: The Waffle Lab
Calling all waffle lovers! This unique restaurant puts a scientific twist on the classic Belgian Liege waffle. With a variety of fun menu categories such as “The Control Group” and “The Sample Size,” you can choose from a plethora of savory and sweet toppings for your waffle, satisfying any breakfast craving you may have. They also offer patio seating if you opt against indoor dining and want to enjoy the scenic surrounding area. If you’re seeking a breakfast stop on your visit to Old Town that will leave you feeling happier and fuller than ever, The Waffle Lab is a must.

Lunch: La Piadina
La Piadina, a food truck located within Old Town’s outdoor market, The Exchange, specializes in Italian flatbreads with a recipe dating back to 1371 AD! Their classic flatbread includes prosciutto, arugula, a divine cheese sauce and olive oil, and they also offer a variety of vegan plates. This is one of the many prime dining options at The Exchange, so you can enjoy an authentic Italian sandwich while admiring the beautiful views Fort Collins has to offer. 

Happy Hour: The Welsh Rabbit Cheese Bistro
This divine cheese shop and bistro is the ideal spot for a relaxing afternoon enjoying a delicious cheese plate with friends. The Welsh Rabbit is a family-owned business where “Slow Food,” an industry that values health, sustainability and fair pricing, is the top priority. You can customize your own cheese platter and pair it with a flight of beer or glass of wine, making for an excellent happy hour or after-dinner treat with outdoor table options.

Dinner: Big Al’s Burgers & Dogs
Big Al’s takes “local” to a whole new level. Aside from being locally owned and operated, they pride themselves on their strong sense of community within the Old Town area, from collaborating with a nearby company to build all of the tables and chairs, to supporting neighborhood artists and displaying unique and eye-catching pieces throughout the restaurant. They claim to serve the best burgers in Fort Collins, along with delicious vegetarian options and sensational fries topped with Big Al’s signature seasoning that can also be enjoyed at a picnic table outside the restaurant. For an authentic Old Town experience, Big Al’s is the perfect dinner destination.

Experience: Museum of Art
The Museum of Art is an excellent representation of the passion and appreciation for art that radiates through Old Town. You can check out their website for updates on current exhibitions on display, available time slots and ticket options. At just $5.00 for an adult ticket, a walk through the Museum of Art is an excellent way to spend a socially distant afternoon admiring the works of the latest artists.

While there is no shortage of sites to see and places to eat in Old Town Fort Collins, these are just a few of the best that combine for a wonderful day exploring the town square. As an added bonus, every restaurant we discussed is included in the Downtown Gift Card, which can be ordered on the Downtown Fort Collins website. This gift card is the perfect present for a friend or loved one, so you can enjoy a day exploring the area and experiencing all of the amazing dining options Old Town has to offer. 

Colorado Real Estate News

Three Reasons to Sell Your Home Now!

photo depicting a mother holding up her toddler daughter in a kitchen

If you are a real estate fanatic like we are, you know that 2020 has been a record-breaking year for the market and it likely won’t be slowing down in 2021. Zillow expects home values to increase 10.3 percent from November 2020 to November 2021 despite the ongoing pandemic challenges. The sales growth continues to be affected by similar factors such as strong demographic trends and a shift in buyer preference ignited by the pandemic. If you considered selling in 2020, this year proves to be just as promising. Still not convinced? Here are three reasons why now is the perfect time to sell your home: 

Interest Rates Are Expected To Stay Low
Get excited because the 2020 below-average interest rates are here to stay! Last year, interest rates were below 4 percent and while they may slightly increase in 2021, they are predicted to remain low compared to historical averages. Let’s put these rates into perspective. According to Freddie Mac, December 10th had a record low rate of 2.71 percent for a 30-year, fixed-rate mortgage. Compared to a year like 2018, where the annual average was 4.54 percent, these record-breaking rates are incredibly beneficial to all homebuyers. Buyers can secure a long-term mortgage at an insanely low rate, and sellers can capitalize on high prices. It’s a win-win situation!

There Are More Buyers Than Sellers
As demand continues to rise, inventory remains low. But this isn’t necessarily a negative situation for individuals looking to sell their homes. Buyers are eager and anxious to purchase a house quickly, especially when the real estate market provides such ideal financial solutions for potential buyers. As mentioned earlier, the low interest rates provide affordable mortgages, ultimately resulting in an inadequate supply of homes to satisfy consumer demand. With such high competition to close a deal, buyers are aggressive with their purchase offers. So why not benefit from these multiple offers and rising prices?

TIP: if you are looking to sell your home, consider investing in house repairs to amp up the curb appeal and receive a higher asking price.

Seasonality of Homebuyers.
Did you know there are seasonal trends for selling and buying a home? In previous years, the spring months are historically the best time to list a home. However, with the unpredictable and uncertain living conditions that we are experiencing, the usually defined “peak of interest” in the market has become blurred. With that being said, the most desirable time to list your home is NOW, so do your homework and prepare to capitalize on the eager homebuyers.

How Kentwood Can Help
Have we convinced you? While there is no better time to sell your home than now, we understand the process can be daunting and often complex. With our local expertise and exceptional service, Kentwood is here to guide you through a pleasurable selling experience! Reach out today!

Colorado Real Estate News

Real Estate Market Trends

photo depicting candles lit in front of a wintery window

January 2021 Presented Brand New (Unsurprising) All-Time Inventory Lows
In January, the Greater Denver Metro housing market again broke a new inventory low with only 2,316 total active listings on the market, translating into an inventory shortage and an opportunity for appreciation to accelerate. 

Single-Family Attached and Detached Homes Also Sealed in Record Prices
Single-family detached properties hit a record average price of $629,159, while attached properties hit a record of $397,792. Single-family homesellers saw a 101.03 percent close-to-list-price in January and a drop to five days in the MLS, down from six last month and 24 days last year. Overall, the drive in demand has been proportionally higher for single-family detached properties than attached properties, explaining why the market is currently sitting with historic-low inventory for single-family detached properties.

2021 Shows No Slowing Down for the Luxury Market
Meanwhile, new listings for the Luxury Market jumped a little from one month ago at 2.22 months of inventory in detached luxury homes and 3.65 for attached luxury homes. 

Even with less inventory year-over-year, the market still saw an 85.71 percent increase in closed attached homes and a 70.19 percent increase in closed detached homes. In January, the luxury residential market was up 85.16 percent year-over-year for sales volume of $335,859,100, up from $181,393,127 from one year ago. The detached luxury sales volume was up 90.11 percent, and the attached was up 48.36 percent from one year ago.  

This Month’s Report Confirms a 2021 Seller’s Market
As long as interest rates continue to remain low and inventory scarce, there will continue to be multiple buyers for every appropriately priced house. Sellers across the state will continue to have the opportunity to navigate through multiple offers and differing terms of their choice, ultimately choosing one contract while disappointing several others.

*Written February 14, 2021. Updates may be available after this date.

Colorado Real Estate News

Congratulations to the Kentwood Top 25 in 2020

As we wrapped up 2020 we took a deep breath and paused to consider what a roller coaster we’d just been on. Despite being shut down and shut out of real estate sales for close to two months, we were able to bounce back once real estate was deemed essential and showings were again permitted.

A Company Rooted in Excellence

Our Company Purpose is the core of how we operate and a large reason we rebounded so successfully in 2020:

At Kentwood, we believe in community.

That we accomplish more together.

That deep roots matter.

We inspire people to imagine the next steps in their life journey.

Our Top 25 Individuals and Teams in 2020 are hardworking professionals who exemplify our Purpose. Congratulations to everyone on the list!

Individuals sales volume:

Individuals units:

Team sales volume:

Team units:

Colorado Real Estate News

Top 3 Ways to Protect Yourself from Fraud

Written by Gretchen Rosenberg, President and CEO of Kentwood Real Estate

There is a cyber-crime epidemic happening and it’s hitting real estate transactions particularly hard. According to FinCen, the U.S. Financial Crimes Enforcement Network, “Drug traffickers, corrupt officials, money launderers, and other criminals seek to exploit real estate transactions to hide their illicit profits, conceal their identities, and launder funds.”

Consumers are at risk by virtue of being involved in a real estate transaction and must be highly vigilant to avoid becoming the next statistic. About 40% of all wire fraud moneys are recovered, which means 60% are not. 60% of those buyers lost their down payment and in some cases the entire purchase price. Sellers lost the sale of their house and had to put it back on the market or wait for the buyers to recover their funds or access other funds. This is amounting to billions of dollars lost to criminals.

How can you protect yourself? 

  1. Do not click on links or attachments. At Kentwood Real Estate we have a mantra – No Links, No Attachments! What we mean is to maintain heightened awareness whenever we receive an email with a link or attachment we aren’t expecting. We know that cyber-criminals send phishing attempts constantly and use social engineering to make us think something is important or urgent. We don’t click the FedEx link, the phone company attachment, or title company email until we systematically verify the email is legitimate.
  2. SAIL your email. Vet any suspicious email through the acronym SAIL. Sender. Attachments. Information. Links. Do you know the sender? Were you expecting this email from them? Were you expecting an email with an attachment? Does the information in the email make sense? Are there spelling or grammatical errors? Did you hover over links to see the underlying URL? Same for the email account it was sent from? Is the domain in the URL misspelled or does it substitute a number for a letter, etc?
  3. Don’t fall for fake branding. It’s easy enough to copy and paste a company’s branding, or even someone’s email signature, into a phony phishing email. The criminals know how to appear compelling by attempting to use “social proof.” An email signature or company logo is not proof. Pick up the phone and call your broker or lender and ask if the information you received is information they intended to send you. NEVER accept wiring instructions via email that hasn’t arrived on an escrow or title company secured platform or isn’t encrypted. And ALWAYS call to confirm the wiring instructions before initiating a wire with your bank.

Together, we will overcome cyber-crime.

The best way to avoid becoming a statistic is to ask questions, pay close attention to your email, and slow down. We would much rather see you close, move into your home, and avoid the pain of being a victim. Our Kentwood Brokers, residential and commercial, stand ready to assist. We look forward to helping you take the next steps in your life’s journey!

Colorado Real Estate News

Kentwood Commercial Welcomes Two Dynamic Brokers to Its Colorado Team in January 2021

Kentwood Commercial, part of Kentwood Real Estate and an exclusive Colorado affiliate of Berkshire Hathaway’s HomeServices of America, is proud to announce the arrival of Randy Swearingen and Jim Tyler as Senior Commercial Advisors to its Colorado team. The addition of Randy and Jim further expands Kentwood Commercial’s level of expertise, integrity, and reliability, solidifying its reputation as the commercial brokerage to trust in Colorado.

Combining forces, Randy and Jim bring 60+ years of Denver commercial real estate experience to the table and plan to leverage their expertise to focus on tenant representation in the office, flex, and industrial markets in the South Metro Denver area.

Randy, a local Denverite, has been entrenched in the Denver Commercial Market for over 34 years, representing a myriad of Fortune 500 clientele and completing in excess of $1 billion in sale and lease transactions. With over 20 years as a top producer at major commercial brokerage firms, Randy brings expertise to Kentwood Commercial that includes tenant and landlord representation, development, market and financial analysis, site selection, marketing strategies, lease and sale negotiations, and space programming.

Also growing up in the Denver area, Jim is a former partner at Tenant Strategy and has represented a myriad of clients, including both Fortune 1,000 and local Denver companies. With over 25 years of professional business expertise in many areas of real estate, including tenant representation, landlord representation, development, and construction, Jim joins Kentwood Commercial having completed over 425 corporate tenant representation assignments totaling approximately four million square feet of commercial office and flex space.

“I am thrilled to work with both Randy and the Kentwood Commercial team in my native Colorado,” said Jim Tyler, Senior Commercial Advisor at Kentwood Commercial. “Together, Randy and I will bring our combined experience to the table to assist tenants and create strategies around their occupancy to achieve the optimal outcome for the real estate needs of the market.”

“Being able to call Kentwood Commercial, and their new One DTC West office building, ground zero is a great fit for us, allowing us to enhance the quality of our tenant representation services with a brokerage firm that employs top-level individuals and produces support and marketing materials that are second to none,” added Randy Swearingen, Senior Commercial Advisor at Kentwood Commercial. “Both Jim and I are lifetime Denverites and rooted in the community. We have spent a great deal of our commercial real estate careers helping occupiers and tenants succeed, and we look forward to delivering an increased level of expertise as we continue our work with Kentwood Commercial.”

Kentwood is committed to working with only the finest agents. Many of our esteemed brokers serve on committees and Boards of Directors of real estate associations throughout the state, and all are active and respected in their communities. As an affiliate of Berkshire Hathaway’s HomeServices of America, Kentwood has access to the resources of leading real estate brands.

“We are proud to welcome Randy and Jim to the Kentwood Commercial team and look forward to the impact their extensive expertise will have on the Denver market,” said Gretchen Rosenberg, president and CEO of Kentwood Real Estate. “At Kentwood, we believe that the most productive agents are those that are “rooted in community” and know their communities inside and out. When we hire new brokers, we put our full trust in them that they will serve as consummate professionals: trustworthy, dedicated, and ethical, which Randy and Jim exemplify.”

Kentwood is a proud member of the Denver Metro Association of Commercial Realtors (DMCAR), Asian Real Estate Association of America (AREAA), the Colorado Association of Hispanic Real Estate Professionals (CAHREP), the National Association of Hispanic Real Estate Professionals (NAHREP®) Denver Chapter, the National Association of Gay & Lesbian Real Estate Professionals (NAGLREP) and the National Association of Real Estate Brokers (NAREB). Additionally, our brokers belong to such esteemed associations as the Denver Metro Association of REALTORS®, Fort Collins Board of REALTORS®, Boulder Area REALTORS® Association, Loveland-Berthoud Association of REALTORS®, South Metro Denver REALTORS® Association, and the Colorado Association of REALTORS®. To learn more about Kentwood Real Estate and available listings, visit www.Kentwood.com.

About Kentwood Commercial

Kentwood Commercial is a boutique commercial brokerage that combines the exceptional local brand and referral network of Kentwood with the national strength and financial support of Berkshire Hathaway. The company has the ability to nimbly handle the range of large institutional and smaller entrepreneurial clients with the highest level of skill, responsiveness, and experience in the industry.

Our brokers and management team are dedicated to superior customer service and unmatched expertise in all segments of the market. Locally-owned, with some of the most experienced brokers in the industry, Kentwood Commercial assists with every facet of each sale or lease. The Kentwood professionals know the real estate business inside and out, they are unmatched in knowledge of the commercial market in the Denver metro area. The offices of Kentwood Commercial are conveniently located in Downtown Denver, Cherry Creek North, and the Denver Tech Center. For more information, visit www.KentwoodCommercial.com.

Colorado Real Estate News

Why Sell Your House Now?

Written by Gretchen Rosenberg, President and CEO of Kentwood Real Estate

From the beginning of the pandemic in 2020 to the end of the year, it was a tale of two housing markets. Dead in the water and busier than ever. All indications are that we’ll see an even stronger market in 2021.

Mortgage rates are holding at record lows and are driving this continued momentum, with average rates hovering at or below 3%. 

National Association of REALTORS Research

The NAR publishes an annual Realtors Confidence Index Survey which suggests that buyer demand across the country is incredibly strong. This is holding true for residential real estate markets across Colorado. However, supply does not match demand. New listing inventory is not keeping up. Here’s a breakdown by state provided by NAR:

You can see on the maps for Colorado that buyer traffic is high, but seller “traffic” is low. With such a limited supply of homes for sale, record-low inventory is fostering a lot of frustration for buyers.

NAR also reported recently that the actual number of homes for sale stood at 1.28 million in November, down 22% from November 2019. Metro Denver had a 0.8-month supply of homes for sale in November 2020. Fort Collins and Northern Colorado fared slightly better with 1.9 months of available inventory at the end of December 2020. In a normal or balanced market, the number would be 6.0 months of inventory – significantly higher than it is today.

How are Buyers and Sellers Impacted?

Buyers will need to reserve an abundance of patience with the process of securing a home while being ready to quickly act when they find the right place. Bidding wars are a frequent occurrence, in nearly all price points. We hope this gets better as we enter our typically busy listing months of February – May.

Sellers – this is a great time to begin the process of getting your house ready for market. The highest prices in any given year are usually set during those busy early spring months. With our high buyer demand and the perpetually low supply, now is a great time to sell a house. If you sell and need to find a replacement property, consider locating a temporary housing situation. That way you’ll have your proceeds banked and can be ready and competitive when you find your next home.

Key Takeaway

2021 looks to be another rip-roaring year for residential real estate in Colorado. Take advantage of low rates, pent-up demand, and the need for more inventory to hit our markets. Contact a Kentwood broker today to learn more about the specifics of your area and market and get ready to jump in.

Colorado Real Estate News

Why Inclusion Matters

CEO Reflections

Written by Gretchen Rosenberg, President and CEO of Kentwood Real Estate

This week we celebrated Martin Luther King, Jr. and the massive and positive impact Dr. King made on 20th Century America. His most iconic “I have a dream” speech still resonates 57 years later.

So many Americans have a dream for equity, equality and inclusion. That extends to the dream of homeownership. A dream realized for many, but not always equitably. A dream we in real estate are privileged to help with.

At Kentwood Real Estate we formed a Diversity, Equity, and Inclusion Council in 2020 to address both internal and external issues facing our company and our industry. Thank you to the volunteers on our Council and the wonderful input they provided last year. All of them offered to renew their commitment to volunteer this year and we now have a waiting list!

DEI Goals

Our goal is to make a real and positive difference in people’s lives. To that end, we’ve translated our Listing and Buyer information into Spanish and discussed what the next language should be. Vietnamese perhaps.

We’re in the process of forming a Kentwood Foundation to help our communities – our Kentwood Community and the communities we live in. More on that to follow.

We’re encouraging our managers to recruit for diversity and we’re welcoming many new brokers from all sorts of life experiences and backgrounds to the Kentwood family.

A Pledge to Do Right

Kentwood “took the pledge” and is among hundreds of companies joined as Colorado Companies United Against Racism. But taking a pledge isn’t an end, it’s a signal that we intend to be a part of the process and solution going forward. Our industry has historically not been purveyors of best practices. We’re grappling with that and determined to make a positive difference going forward.

Let Dr. King’s words guide us. “We must use time creatively, in the knowledge that the time is always ripe to do right.”