Positive Real Estate News for Colorado

Positive Real Estate News for Colorado

Homebuyer Tax Credit Extended, Expanded: The House of Representatives passed legislation November 5th that would extend and expand the tax credit for first-time home buyers. read more here

Denver Home Resales Rebound in October: Metro Denver home resales increased in October from September, but were down from October of last year, according to a Metrolist Inc. housing report released Friday. read more here

Existing-Home Sales Jump 13% in West, 9.4% Nationwide: First-time homebuyers helped drive up existing home sales nationwide — and especially in the western states, including Colorado — according to the latest figures from the National Association of Realtors. In the West, including Colorado, existing-home sales jumped 13 percent to an annual level of 1.3 million in September — 5.7 percent higher than a year ago. read more here

Colorado Springs Makes Business Weeks ’40 Strongest’ List:
Once again, Colorado Springs is in the spotlight for being a great place to live–but this time it’s not for the mountains, the view or the many places to hike, mountain bike or road bike. The Springs is on BusinessWeek’s 40 Strongest U.S. Metro Economies list. The Pikes Peak region ranked 24th on the list, which was compiled using data and analysis from  Brookings Institution’s new MetroMonitor study. read more here
SMA Solar Plant to Bring Hundreds of Jobs to Denver: SMA Solar Technology AG, the world’s largest manufacturer of a critical component in solar power generation, said Monday it will invest about $20 million in its first North American manufacturing plant — in Denver — expected to open in the first half of 2010. read more here
Cabela’s Plans Grand Junction Store: Cabela’s Inc. announced today that it will build a 75,000-square-foot store in Grand Junction, the Nebraska-based outfitter’s first retail outlet in Colorado. Work on the store, which will anchor the south end of Mesa Mall at U.S. highways 6 and 50, is expected to begin in early November with the opening in early summer 2010. read more here

Vail Resorts’ Sales of Season Passes Increase 13 Percent:
Vail Resorts Inc.’s season-pass sales rose 13 percent in September as skiers eager for powder prepared to make tracks a year after the financial crisis. read more here