Louisville, Colorado Named CNNMoney.com’s Best Places to Live
And Superior wasn’t too far behind…
Well not to brag, but we all know Colorado is an amazing place to live. Our sports. Our activities. Our beautiful scenery. Our thriving economy. Tourism. It’s rare that you find such a remarkable combination but once again, Colorado is making its place on the national map.
Earlier this week, CNNMoney.com released its top 100 list of best places to live and topping the list in the number one position was Louisville, Colorado. Check out this link: http://money.cnn.com/magazines/moneymag/bplive/2009/snapshots/PL0846355.html. The article reported, “It's also weathering the economic downturn well. Robust industries in the area, such as high tech, energy, and health care, make county unemployment among the lowest in the state.”
Superior, Colorado wasn’t too far behind in the number 13 position. Check out this link: http://money.cnn.com/magazines/moneymag/bplive/2009/snapshots/PL0875640.html.
Also interesting to note this week if a Realty Times article which provided some insight into a rebounding market. Here are the highlights:
Pending home sales rose sharply, by nearly 7 percent, in the last month measured by the National Association of Realtors.
Pending sales were up in all four major regions of the country—and that caught the attention of some key industry economists.
Orawin Velz, economic forecaster for the Mortgage Bankers Association, said in a commentary that "the steady improvements in pending home sales are encouraging," and confirm the view that existing home sales hit their cyclical bottom in January and are likely to continue to rise in the coming months.
Since the January low point, she noted, the Realtors' pending sale index is up by 13 percent.
Mortgage rates continue to be favorable, an average of 5.3 percent last week for 30 year fixed rate loans, 4. 8 percent for 15 year fixed, and those rates are pulling in growing numbers of home purchase loan applications.
According to the Mortgage Bankers Association's weekly survey, new applications to buy houses increased by nearly 7 percent in the week ending July 3rd.
Monday, July 20, 2009
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