|||||||||||||||||||||||| UPDATE April 2012 |||||||||||||||||||||||
You were right, Uncle Ben!
That might be still a bit premature, especially if you own a home that was last price in the 300s in 2006 here in Longmont.
Good news is good news. The market roared to life in Colorado well ahead of the busy buying season and it's still going strong. I'm personally seeing a lot of activity and business. I hear from colleagues, friends and contacts in southeast Aurora as well as Highlands Ranch. They're all saying that listings are getting snatched up.
Longmont and area homes under $250,000 are going fast.
Meanwhile, employers are hiring. Boulder County unemployment has been strong throughout the recession. Normal here is about 4.5 percent. So, you could say unemployment is high when it goes over 6, though few places in the nation would gladly trade their jobless rate for that 6.2 percent reported for Boulder and Broomfield counties. Weld County has improved greatly recently reporting 9.6 percent after a jump in December from 8.7. Colorado's jobless stands at 8.8 percent.
Hiring is ramping up across the nation. Today the headlines said the jobless rate was at a 4-year low.