Archive for Denver Business
More Denver Employers Planning to Hire
We recently had an interesting conversation at a closing with one of our clients. To purchase their new home, the buyers qualified on the husband’s salary only. A couple of weeks before they were ready to close, Jessica, the wife, decided to look for a job on Monster.com. There was one job that particularly interested her – a senior project engineer position at a power plant in Golden, located only minutes from her new Littleton, Colorado home. This was it. One job. She applied, she interviewed and she got the job. This is June 2010, not June 2004. While I am sure she was the perfect candidate, this just demonstrates that there are still many opportunities for employment in Denver, Colorado. Congratulations, Jessica!
A recent article in the Denver Business Journal substantiates this claim, reporting that nineteen percent of Denver-area employers plan to hire in the third quarter of this year. This is a great improvement from the previous quarter (13 percent planned to hire), and from the third quarter of 2009 (nine percent planned to hire), According to the article, job prospects “appear best in construction, nondurable-goods manufacturing, transportation and utilities, wholesale and retail trade, information, financial activities, professional and business services, leisure and hospitality and “other services.”
For more information on the Denver economy, please contact TeamCox Realtors – Denver real estate specialists – at 303-400-6060.
What are the Hottest Jobs in Denver?
Denver Among Nine “Next Frontier” Metro Areas
A recent Brookings Institution analysis of 2000 to 2008 U.S. Census Bureau data reveals that the Denver area (Aurora/Denver) is poised as a model for economic growth in the coming decades. Denver has a young, highly-educated population that will serve as a foundation for future prosperity.
The study named the Denver area as one of nine “Next Frontier” metro areas that are in the best shape to handle a more diverse, growing population. The study analyzed data from 100 metro areas.
A few concerning trends emerged from the data, including a large education attainment gap between Latinos and Whites, and a large gap between high and low earners.
For information on relocation to Denver, or regarding Denver real estate, please contact TeamCox Realtors at 303-400-6060.
What Are the Hottest Jobs in Denver?
TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.
Colorado Cleans Up on Forbes’ “Best Places for Business and Careers”
TeamCox Realtors is always on the lookout for rankings that include Colorado cities, but this one truly takes the cake! Forbes recently released its 12 annual ranking of “Best Places for Business and Careers,” which recognizes multiple Colorado cities. Three Colorado cities – Fort Collins (4), Denver (6), and Colorado Springs (12) – were ranked in the top 12, which is very impressive! Cities were evaluated on 12 criterion, including the cost of doing business, the cost of living, job-growth trends, projected economic growth, crime rates, the number of highly ranked four-year colleges in the area, recreational opportunities, quality of life, and cultural attributes.
This is great news for Denver and for the entire Colorado region, since a strong business foundation is crucial to a strong recovery in the Denver real estate market. The national recession’s impact on the Denver area, and on Colorado as a whole, has been much milder than on other cities, due to its diverse industry base.
For information on relocating to the Denver metro area, or regarding business conditions in the Denver area, please contact TeamCox Realtors at 303-400-6060.
What are the Hottest Jobs in Denver?
TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.
IKEA is (Finally) Coming to Centennial!
TeamCox Realtors reported in September 2008 that IKEA will build its first Colorado store in Centennial. Like everyone else, we were starting to wonder about its fate over the past year and a half, but there is good news! It was announced today that the store is slated to open in fall 2011. It will be located just west of I-25 between County Line and Dry Creek.
For those of you who don’t know of IKEA, it is not your everyday furniture store, but an international phenomenon. The successful Swedish company sells sleek and stylish home furnishings at very competitive prices. One common complaint about IKEA is that many of its products need to be assembled, but you’ll likely let that one slide once you see all of IKEA’s unique offerings!
Now, you just need a new house to for all of your new furniture! Please let us know if we can help you find a new Denver home!
TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.
Denver International Airport (DIA) Flies High in Customer Service
Happy Birthday, DIA! While images of lost baggage may linger in your mind when you think of Denver International Airport’s opening in February of 1995, the airport has come a long way in the last 15 years.
CNBC recently reported on J.D. Power and Associates’ 2010 North America Airport Satisfaction Study, ranking airports on a variety of factors, including accessibility, check in/baggage check process, facilities, security checkpoints and food and retail services. DIA was ranked the second highest airport in North America, only behind Detroit Metro (DTW).
DIA scored a 5/5 in Overall Satisfaction, a 5/5 in Accessibility, a 4/5 in Check-In, and a 4/5 in Security. Way to go, DIA! Here’s to many future smooth travels for you via Denver International Airport.
TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.
What are the Hottest Jobs in Denver?
The Denver Metro Chamber of Commerce recently commissioned a study, revealing that several Denver-area sectors have experienced job growth amidst the recession. The hottest sectors for job growth in the nine-county Denver area include:
Aerospace: Colorado’s aerospace sector, consisting of approximately 90 firms, had a 12.1 percent increase in jobs from 2004-2009. This was the best showing among the 50 largest metropolitan areas in the country.
Aviation: The region will benefit from growth at Denver International Airport over the next five to 15 years.
Bioscience: Employment in the region’s medical device section grew 1.6 percent from 2009-2009.
Broadcast and Telecommunications: The Denver metro area ranked fourth for broadcasting and telecommunications’ job growth. The sector grew at 2 percent during the recession.
Energy: The region’s energy sector experienced job growth of 4.6 percent from 2009-2009.
Financial Services: The Financial-services sector ranked fourth in the country for job growth.
Information Technology – Software: The information technology sector employs 2.9 percent of the region’s total workforce.
We’ve been stressing throughout the recession that the Denver area is at an economic advantage compared to other cities, since the region is bolstered by an array of diverse, strong industries. For information on Denver real estate, please contact TeamCox Realtors at 303-400-6060.
TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.
Denver City Council Approves New Lowry Development
Admist a dispute lasting until nearly 1:00am this morning, the Denver City Council has approved the redevelopment of an old Lowry air base today. According to The Denver Post, the development, which is located north of Alameda Avenue near South Clinton Street, will consist of nearly 1,000 housing units, 400,000 sq. ft. of retail space, and 120,000 sqare feet of office space.
We will keep you updated on the latest news on this upcoming Lowry development. For information on upcoming Denver real estate projects, please contact TeamCox Realtors at 303-400-6060.
TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.
2010 Denver Economic Forecast is Encouraging
The Metro Denver Economic Development Corporation (Metro Denver EDC) recently released its 2010 Economic Forecast for Metro Denver and the news is encouraging.
As we’ve reported numerous times during this recession, the report suggests that Metro Denver’s economy has fared better than many other regions throughout the recession. This can be attributed the region’s diverse base of industries and strong economic fundamentals.
While the Denver-area’s outlook for 2010 is far from rosy, there are many positive factors, including its relocation desirability, and the fact that the Denver housing market has been predicted to be one of the first markets to recover numerous times.
All of this suggests that there is no better time than the present to purchase a Denver home. For more information on Denver’s economy, please contact TeamCox Realtors – Denver real estate specialists – at 303-400-6060.
TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.
Colorado Unemployment Rate Dips Again
There is good news on the Colorado job front. The Colorado Department of Labor and Employment released its unemployment figures today and the news is encouraging. The state’s jobless rate fell slightly in November, to 6.9 percent. The figure, which has been decreasing over the past several months, is well below the national unemployment rate of 10 percent.
While a 6.9 percent unemployment rate is hardly a positive piece of news, the underlying story is hopeful for the Denver real estate market, and for the entire state of Colorado. For more information on the Denver-area job market, contact TeamCox Realtors – your Denver real estate specialists – at 303-400-6060.
TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.
Positive Perspective on the Denver Real Estate Market
We are always on the lookout for positive news regarding the Denver real estate market. Our partners at Land Title regularly put out newsletter entitled, “Positive Perspective,” that I thought I would share with you. This edition highlights a few things that we’ve already addressed, including the homebuyer tax credit being extended. It also has information on Denver-area home sales in October, home sales in the western region (including Colorado), Colorado Springs making Business Week’s “40 Strongest List,” and several announcements on local businesses.
Click Here to Read Positive Perspective
For more positive perspective on the Denver area, or regarding the Denver housing market, please contact TeamCox Realtors at 303-400-6060.
TeamCox Realtors – Treating our clients’ real estate transactions as if they were our own.
