There is good news on the Colorado employment front! September was one of the best months for Colorado job growth in 42 months. The state added 34,000 jobs in September, compared to September of last year. The Colorado unemployment rate decreased in September to 8.3 percent, which places Colorado 24th among all the states. The … Continue reading Good News on the Colorado Employment Front
With Labor Day weekend upon us, we are painfully aware that many of our local Arapahoe County citizens do not have a job to celebrate having a day off from. Maybe that will change if you are able to take advantage of Arapahoe County’s upcoming Workforce Development Month! Below are the details. Arapahoe/Douglas Works! kicks … Continue reading Denver-Area Job Seekers Benefit from Workforce Development Month
The Denver apartment market is booming! The Denver Post reported last week that the Denver metro area’s apartment vacancy rate has fallen to 4.8 percent – the lowest level in a decade (since the first quarter of 2001). The rate decreased 21 percent from just last year. What does this mean for homebuyers in the … Continue reading Denver Apartment Vacancies Hit Lowest Level in a Decade
There is good news on the Colorado economic front! The Colorado Division of Labor recently reported that Colorado’s unemployment rate decreased for the fourth straight month in June – to 8.5 percent from 8.7 percent in May. This decrease was the result of an increase in total employment. Colorado added 4,500 nonfarm jobs in June. The … Continue reading Good News on the Colorado Economic Front
Denver is going to have the largest IKEA store in the world! As I drove north on 1-25 yesteday, I noticed how far construction on the new Centennial store has come in the past few months. The international furniture dealer is opening its 415,000-square-foot store months earlier than expected. The Grand Opening event is set for July 27th. … Continue reading World’s Largest IKEA Store to Open in Centennial
According to a recent Denver Post report, Denver and Colorado Springs are among the metro areas recovering the fastest from the economic recession. Denver was one of six metro areas (out of the 100 surveyed) that outperformed the job creation rate during the 4th quarter, growing 0.8%, according to Mountain Monitor, a report by the … Continue reading Denver Among Areas Recovering the Fastest from Recession
Upon first glance, it seems that downtown Denver is on fire with commercial construction. The Denver Business Journal recently reported that Denver’s commercial real estate market showed many signs of recovery in 2010. The year ended with two big transactions, including a $149 sale of a downtown office building and MillsCoors signing a huge industrial … Continue reading Denver’s Commercial Real Estate Market on the Rebound
It’s official. Littleton, Colorado wants your business! Cnnfn.com recently released its, “8 cities that want your business!” and Littleton landed in the sixth spot. The city was recognized for its “economic gardening” program, which originated back in the late 1980s after Lockheed Martin laid 7,000 people off from its Littleton office. The economic program helps … Continue reading Littleton Named Among “Eight Cities That Want Your Business”
Calling all prospective Denver homebuyers! Mortgage rates fell to an all-time low this week, dropping to 4.17 percent from 4.24 percent last week. This is the lowest interest rate ever recorded. The average rate on 15-year fixed loans fell to 3.57 percent from 3.63 percent. These low rates were spurred by the Federal Reserve’s huge … Continue reading Denver Mortgage Rates Fall to All-Time Low This Week
We recently had an interesting conversation at a closing with one of our clients. To purchase their new home, the buyers qualified on the husband’s salary only. A couple of weeks before they were ready to close, Jessica, the wife, decided to look for a job on Monster.com. There was one job that particularly interested … Continue reading More Denver Employers Planning to Hire