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HQ3?
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.
FUNdamentals
In times of change (like now), it’s valuable to look at the fundamentals of our market.
Let’s have some fun with fundamentals…
1. Our economy is healthy – since 1990, the unemployment rate in Colorado has never been higher than the U.S. unemployment rate. Ever. Unemployment in Colorado sits at 2.7% today while the rate across the U.S. is 4.0%.
2. People keep moving here – since 2005 our population has grown by just over a million people which is roughly 77,000 per year (about the size of Mile High Stadium).
3. Our real estate outperforms other places – according the Federal Housing Finance Authority, Colorado is the #1 state for home price appreciation since 1990.
Charming Bungalow in Eaton
This sweet bungalow at 420 Park Ave located in picturesque Eaton! Much updating has already been done, with fresh paint and newly refinished original hardwoods in living room and front bedroom. All new quality stainless appliances await a kitchen update which has already been started. Storage is abundant with vintage built-ins in the converted entry/office and cabinets in the mudroom and enclosed porch. Great landscaping with alley access, no HOA! Treasure the joy of old town living at an affordable price! Contact Casey Brown for more information or click below to view the photos and details, including price.
How We Rank
Here’s how the largest Colorado cities rank on the most recent Federal Housing Finance Authority’s quarterly report. They study the appreciation rate in 245 metropolitan areas all over the country.
City Rank Appreciation
Boulder 65th 8.76%
Colorado Springs 15th 11.54%
Denver 30th 10.16%
Fort Collins 85th 7.51%
Grand Junction 58th 9.01%
Greeley 45th 9.51%
954 W 5th Street, Loveland, CO
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!
