Northern Coloado
Follow our News Briefs for the latest in real estate and community news for Northern Colorado. Contact us if you have any questions!
January 2025 | December 2024 | November 2024
January 2025
Hot off the press! The Fort Collins Chamber of Commerce recently released their 2024 update of annual progress made on the Northern Colorado Prospers (NCP) 2.0 initiative. The NCP 2.0 initiative is a 5-year initiative uniting businesses and stakeholders to drive economic growth. It focuses on revitalizing businesses, attracting and retaining talent, improving transportation, and fostering a business-friendly environment. Click here to download the 2024 report, access video updates and learn more about the overall initiative.
Axios recently analyzed data released by the U.S. Census Bureau data and found that Boulder ranks as the American city with the highest share of remote workers, with 28.1% of workers working from home. Denver also made the top 5 with 22.3% of employees working from home. The report highlights the draw of the front range for workers seeking flexibility and year-round outdoor recreational opportunities. Click here to read the full article.
Columbine Health Systems' Columbine West and Lemay Avenue Health & Rehab Facilities were ranked among the nation's top nursing homes for 2025 by Newsweek, placing fourth and sixth in Colorado. The rankings highlight their commitment to exceptional care, based on performance data, professional recommendations, and resident satisfaction. Established in 1971, Columbine Health Systems is a leader in senior care, offering a wide range of services with a person-centered approach.
December 2024
According to recently released data from the U.S. Bureau of Economic Analysis, Colorado had the 10th-largest outdoor-recreation economy in the country last year. The industry represented 3.2% of Colorado's GDP and added $17.2 billion to the state's economy as well as accounted for 132,594 jobs. In the category of snow activities, Colorado ranked #1 in the nation for economic activity. Click here to view the complete set of findings.
Community leaders recently gathered for a ribbon cutting of the new terminal opened at Northern Colorado Regional Airport. The state-of-the-art 19,400 square foot, two-gate facility is designed to provide greater options for travel in the Northern Colorado region. The terminal can serve up to 500 travelers at once, includes lounges and a baggage-handling system, and is primed for future restaurant and retail additions. Visit terminal.flynoco.com to learn more about the project and to book your next flight!
Weld County Commissioners recently approved what will become one of the largest solar projects in the country. The solar farm will span 4,300 acres in Weld County and an additional 4,100 acres in Morgan County. Once fully operational, the 590,000 panel solar farm is projected to power 187,000 homes. Click here to learn more.
November 2024
Condé Nast, a renowned travel publication, recently released their reader's choice list of World's Best Stays and four Colorado hotels were featured in the Top 50: the Dunton Town House in Telluride, Hotel Jerome in Aspen, the Limelight Hotel Denver, and Gravity Haus Breckenridge. Top criteria for judging included dining experience, design, immersive experiences and spa services. Click here for the full list of Condé Nast's best hotels worldwide.
Initial data released from the U.S. Bureau of Economic Analysis shows that Colorado's real gross domestic product (GDP) grew 2.7% in Q2 2024. GDP is the total market value of all goods and services produced within a given time period, calculated at current market prices. Real GDP adjusts for inflation, meaning it reflects the actual volume of production rather than price changes. Click here for an in-depth analysis of the data.
Information and Real Estate Services (IRES) recently released their Q3 2024 MarketWatch Report. In Larimer County, the median sales price was $594,400 for Q3-2024, a 0.8% decrease year-over-year. The number of closed sales was down 10.5% dropping to 1,139. In Weld County, the median sales price was $515,900 for Q3-2024, a 1.5% increase year-over-year. The number of closed sales was up 9.5%, coming in at 1,399. In Boulder County, the median sales price was $820,000 for Q3-2024, a 0.8% year-over-year decrease. The number of closed sales was down 5.5%, coming in at 826.