If you have driven on I-25 lately you may have noticed that the Front Range is a popular place.
The projections show that it will only get more popular in the future.
Today, 4.8 million people live along the Front Range from Fort Collins down to Pueblo.
In 2030, just 11 short years from now, 5.7 million people will live here.
Yes, that’s almost 1 million more than today.
This is all according to the Colorado State Demographers Office.
While this seems like a big increase, keep in mind that this assumes that population growth occurs at a fairly modest 1.7% per year.
It seems that our state will continue to grow and there will continue to be a demand for housing.
Property owners all over Colorado have a gift waiting for them in their mailbox- their new property tax notifications.
Every two years, each county in Colorado places a new value on property for property tax purposes.
No surprise, values were up along the Front Range.
Here is the percentage of increase for various Colorado counties (keep in mind that this increase is for two years):
- Adams 24%
- Arapahoe 22%
- Larimer 19%
- Douglas 14%
- Jefferson 14%
- Boulder 12%
If you have questions about how to respond to your tax notification, we can help! We would be happy to provide you with an up-to-date market analysis and walk you through the steps on how to protest your new value if you don’t agree with it.
You can also watch this webinar we put together which shows you everything you need to know about your new property valuation and how to respond.
You can watch it HERE.
The results are in from FHFA.gov’s latest ranking of the top performing markets in the U.S.
Each quarter they track 245 cities across the country and rank their real estate markets by home price appreciation.
What’s the highest performing city the the U.S.
Vegas! Their prices have gone up 17.63% in the last year.
How about the worst?
Bloomington, Illinois sits in dead last where prices went down 3.58%
Here’s how Colorado cities are ranked:
• #10 Colo. Springs = 11.41%
• #16 Greeley = 10.68%
• #59 Fort Collins = 8.29%
• #64 Denver = 8.15%
• #97 Boulder = 6.85%
The Front Range may have lost out on Amazon’s HQ2, but that doesn’t mean their company won’t affect our economy.
Denver was in the running for Amazon’s massive new second headquarters that supposedly would bring 50,000 new high-paying jobs and $5 Billion of investment.
In the end Amazon chose to split the headquarters among two East-Coast cities and many in Colorado breathed a sigh of relief.
But they are will continue to be an economic force in our state.
Over the past two years, Amazon has greatly expanded its footprint in Metro Denver, opening up a sorting center in Aurora, fulfillment centers in Aurora and Thornton, a Prime Now center in Denver and a new delivery center in Centennial.
They will soon have 3,000 workers here and that number is expected to grow significantly.
Over 100 Years of History in Loveland!
Check out this Windermere Certified Listing! This home brings so much charm in the heart of Downtown Loveland, built in 1912. There is a lot of potential for your creative ideas in this home, and move in ready. The home has been updated; sewer line (exterior to alley way), pre-inspected with no major issues! There are 2 bedrooms up stairs and 2 downstairs, 2 baths (1 up and 1 down), laundry is downstairs. Check it out, it surely won’t last long!
Contact Stephanie Woodard (970) 215-2676 for more information. Click below to view additional photos and details!