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Positive Real Estate news for the Denver Metro Housing Market

Jan 19th 10

filed under: Real Estate Answers, Real Estate Stats

Denver Among Top US Cities for 2009 Home-Value Gain: Metro Denver had the third-largest gain in home values among cities nationwide in 2009 through November, with a $10.7 billion increase, according to Zillow Real Estate Market Reports. read more here

Juju: Colorado, Denver Among Nation’s Best Places to Find a Job: Denver is America’s eighth-best city for job seekers, and Colorado ranks No. 8 among the states, according to job search engine Juju.com.     read more here

Jabs brings back American Furniture Warehouse to Grand Junction: American Furniture Warehouse is returning to Grand Junction. The Evergreen-based furniture store plans to open its 13th Colorado location on 20 acres. The store closed on the last two parcels of four parcels on the property on Thursday. The price of all four parcels together was about $9.9 million. read more here

Colorado Stocks Enjoyed Big Rebound in 2009: Colorado stock performance improved starkly over 2008, powered by federal stimulus funding and improved market confidence that resisted the notion that another depression loomed, analysts say. read more here

Rates on 30-Year Home Loans Fall to 5.09 Percent: WASHINGTON (AP) – Rates for 30-year home loans inched downward this week, the first decline in a month, but remained above last month’s record lows.         read more here

Vinyl Toy Company Kidrobot to Make Boulder its Home: Kidrobot, a New York-based company known for its limited-edition vinyl toys and apparel, is moving its headquarters to Boulder. Paul Budnitz, the company’s founder and president, said that Kidrobot hopes to have the head office operational in Boulder by March or April.   read more here

General Dynamics Opens Colorado Data Center; 100 Jobs Expected: A unit of giant defense contractor General Dynamics Corp. has opened a data center in Westminster to support its work for the Department of Homeland Security. read more here

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posted by Steven Beam // Please leave a comment.

Town of Parker Colorado 2010 Overview, Demographics and Facts.

Jan 16th 10

filed under: Real Estate Answers, Real Estate Stats

Parker Colorado Economic Development Council

Parker Colorado Economic Development Council

Parker Colorado Economic Development Council!

Becky Hogan 303-805-3169

Looking to start a business in Douglas County or Parker Colorado? Please contact the EDC for a full overview of the facts and reasons you should conifer Parker as a destination for your new or existing business.

Here are some quick facts I learned during a presentation January 14th given by Becky Hogan with the Parker Colorado Economic Development Council.

  • 2010 Town of Parker, Colorado Population 46,260 (incorporated)
  • Size: 20.1 square miles
  • Build-out projection: Incorporated: 101,500 & Parker trade area: 126,000
  • County growth: 63.2% from 2000 to 2009
  • Municipality Growth: 96.3% from 2000 – 2010

Building

  • 2009 – 17 new commercial permits with a valuation of $32,721,825
  • 2008-26 new commercialpermits with a valuation of $36,025,092
  • 2009 – 43 new single family detacthed permits with a valuation of $15,667,045
  • 2008 – 146 new single family detached permits with a valuation of $46,501,468

Commercial Space

  • 3.3 Million square feet of retail space total.
  • 1.5 Million square feet of industrial space total
  • 630,000 square feet of office space total

Sales Tax

  • 8.1% Total

With it broken down like this:

  • Parker 3%
  • State 2.9%
  • County 1%
  • RTD/SCFD/FD 1.2%

Parker’s 3% = 2.5% general fund, .5% Parks, Recreation & Open Space

Residents

  • 2.93 Average Household
  • 31 Average Age
  • 82.4% have some college education
  • 92.6% Home Ownership
  • $94,556 median household income per year

Housing

  • $333,000 Median Home Value
  • Single Family Dwelling New Construction: $60,000 to $4.8 Million
  • Single Family Dwelling Resale $50,000 to $1.78 Million
  • $145,000 Median Condo Townhouse value
  • Sales for Condos/Townhome range from $55,000 $345,000

A special thanks for Becky Hogan at the EDC for taking the time to put on the presentation at the Parker Library last week. For details and information please contact Becky Hogan.

Becky Hogan 303-805-3169

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posted by Steven Beam // 2 Comments »