Denver Economy

Denver Commercial Construction on a Roll

Three prestigious, well-recognized companies are planning new office projects in metro Denver, offering further signs of an improving regional economy.  The TriZetto Group is planning a $40 million corporate headquarters at Meridian in Douglas County. Trimble is planning a 125,000-square-foot building in Westminster. And Johns Manville is planning to relocate from downtown Denver to Greenwood … Continue reading Denver Commercial Construction on a Roll

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Top Denver Real Estate Trends of 2012

As soon as the ball dropped (and before), our eyes turned toward 2012, wondering what it will bring. Naturally, TeamCox Realtors has been assessing the Denver real estate market for the coming year. Here are the top Denver real estate trends that we are seeing during the first week of 2012: Increasing home sales: According … Continue reading Top Denver Real Estate Trends of 2012

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Denver Apartment Vacancies Hit Lowest Level in a Decade

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

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Good News on the Colorado Economic Front

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

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Denver Among Areas Recovering the Fastest from Recession

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

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Colorado’s Population Continues to Grow

The preliminary 2010 U.S. census numbers were released last week, indicating that people are still moving to beautiful Colorado! Colorado’s population has passed the 5 million mark, which is a 1.8 percent increase from last year. Only Wyoming, Utah, and Texas had higher growth rates than Colorado. According to a recent article in the Denver … Continue reading Colorado’s Population Continues to Grow

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Good News on the Colorado Employment Front

There is good news on the Colorado employment front. The Denver Business Journal reported this week that the number of Coloradans filing new claims for unemployment benefits has dropped to its lowest level since September 2008. There are 54,293 Coloradans receiving unemployment benefits, which is a 27 percent decrease from July. In addition, the number … Continue reading Good News on the Colorado Employment Front

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Is Now the Time to Invest in a Denver Home?

Is it time to move up or move on?  We never dreamed that interest rates would reach 4.50% for qualified buyers with secure jobs and a good down payment. This is an historic opportunity for families to take advantage of a combination of low housing prices and low interest rates. In a few years, buyers … Continue reading Is Now the Time to Invest in a Denver Home?

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More Denver Employers Planning to Hire

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

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Denver Named “Most Improved Housing Market”

Denver Named “Most Improved Housing Market” There is more good news for the Denver real estate market. Denver has been named the “most improved housing market” in the country by Businessweek. The report cited a 5.8 percent increase in Denver home prices from the first quarter 2009 to the first quarter 2010, and projects a … Continue reading Denver Named “Most Improved Housing Market”

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