Wednesday, May 27, 2009

DENVER #1 CITY TO REBOUND


Good news is spreading fast in Denver, Colorado! NBC News Today Show featured a story this week about the five U.S. cities most likely to rebound from the national housing crisis. Guess who came out on top? 5280, the mile high city!

Actually, this is not surprising, as I've been talking about the economics and real estate market of the Denver/Boulder/Broomfield region for at least a year now. This area is poised for great things; new expansion in the energy sector will drive everything else forward, business development, jobs, real estate, services, etc. The reason this is so important to point out is that this is REAL growth, stimulated by a new industry and a vital need in the our economy. Back in 1995, the beginning of the housing boom, the federal government was using interest rates to stimulate the housing market and the thereby the economy. Well, we saw how well that worked. This time Denver, Boulder, and Broomfield will be at the epicenter of the energy technology industries, researching and developing new ways and means of generating, storing, and distributing power.

For more information about real estate and the economy of the North Metro Denver area, contact Chip Bruss at www.chipbruss.com.

3 comments:

Patrick said...

Thanks for the update!!! Wow, awesome real estate blog.

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Anonymous said...

This is good information. Great post regarding real estate. Thanks for this.

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