Northern colorado news briefs
U.S. News & World Report: Douglas & Broomfield County Make Top 10 Healthiest
U.S. News & World Report released their "Healthiest Communities Rankings 2022" and two Colorado counties made the Top 10. Douglas County ranked #3 and Broomfield County #9. Counties were scored across 10 categories: population health, equity, education, economy, housing, food & nutrition, environment, public safety, community vitality and infrastructure. Click here for the complete set of rankings.
Colorado unemployment rate drops to 3.5%
According to data recently released by the Colorado Department of Labor and Employment, Colorado's unemployment rate dropped to 3.5% in May 2022, the lowest since February 2020. That puts the state below the national average of 3.6%. For a breakdown of county data and charts visit: Colorado unemployment rate falls to 3.5%.
Longmont NextLight, Fort Collins Connexion among fastest in nation
PC Magazine recently held their annual internet speed competition and NextLight, the community-wide broadband utility in Longmont, ranked #2 and Fort Collins Connexion ranked #4 in the nation. Rounding out the top five at #5 was Colorado-based Allo Communications. Click here for the full article.
U.S. News & World Report: Colorado metro areas best places to live
U.S. News & World Report released their 2022-2023 Best Places to Live in the U.S. rankings and four Colorado metro areas topped the list: Colorado Springs (2), Boulder (4), Fort Collins (54) and Denver (55). U.S. News & World Report ranked the 150 most populous metropolitan areas based on factors including quality of life, desirability, job prospects and affordability.
NoCo Economic Tracker positive spring report
The recently released April 2022 Recovery Tracker report shows key economic indicators for Northern Colorado moving in the right direction. Job posting activity continued to be very high with 2.8 postings per every unemployed person. Larimer County recovered to 2019 average employment levels in August 2021, while Weld is still recovering lost jobs. Out of 13 key indicators tracked, only two were marked as flat/neutral while all others were positive. Explore the regional Recovery Tracker at: nocorecovers.com/tracker/.
Timnath potential home for Topgolf
BizWest broke headlines in May with news that Timnath may soon be home a Topgolf facility. Records suggest that town officials have been working with Topgolf to round out plans for a multi-story driving range facility located at Harmony and I-25. Topgolf is a huge recreational and entertainment draw, allowing golfers to play a variety of electronically scored games while enjoying food and beverage services.
Fort Collins, Boulder top emerging housing markets
The Wall Street Journal and Realtor.com recently released their Spring 2022 Emerging Housing Markets Index. Boulder ranked #6 and Fort Collins #8. The index analyzes housing market data, lifestyle metrics and economic vitality to identify markets that have a high quality of life coupled with expected housing appreciation. Click here to read the full Emerging Housing Markets Index report.
Colorado cities make best places to start business list
WalletHub, a personal finance website, recently ranked the best small cities to start a business and 17 Colorado communities made the list. A total of 1,334 small cities with populations between 25,000 and 100,000 were evaluated by factors including business costs, access to resources and business environment. Colorado communities on the front range making the Top 100 include Englewood #26, Longmont #40, Windsor #58, Loveland #65, Lafayette #74 and Fountain #82. Click here to read the complete WalletHub article.
IRES 1st Quarter Report
Information and Real Estate Services (IRES) recently released their Q1 2022 MarketWatch Report and in Northern Colorado home prices were up across the board. In Larimer County, the median sales price was $571,950 for Q1-2022, an increase of 23% year-over-year. The number of closed sales was down 21% dropping to 1,216. In Weld County, the median sales price was $490,000 for Q1-2022, a 18.1% year-over-year increase. The number of closed sales was down 11.7%, coming in at 1,711. In Boulder County, the median sales price was $845,000 for Q1-2022, a 15% year-over-year increase. The number of closed sales was down 17.8%, coming in at 701.