Author: nocoapadmin
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Fort Collins Sales & Use Tax Down in February
According to a report released by the City of Fort Collins financial services sales tax division, February total sales and use tax of $5,592,989 is 7.3 percent below February 2008. The city is behind total collections, based on combined sales and use tax trends, by $322,457. The sales and use tax collections, sales tax declined…
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Fort Collins #7 for Quality of Life
The latest Quality of Life survey performed by bizjournals.com places Fort Collins in the number 7 spot for midsized cities. You can read more at: Coloradoan
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Greeley fourth-fastest-growing community
The Greeley metropolitan area, which includes all of Weld County, was ranked as the fourth-fastest-growing metro area between 2000 and 2008, according to data released by the U.S. Census Bureau. The area grew by 38 percent from April 2000 to July 2008, the census report said. That growth represented a population increase of about 69,000…
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Financing Rates – 03/13/09
From Terrix Financial: Current Rates as of 3/13/09:Apartment Loans $500,000 to $2MM : 6.125% for 3yrs / 6.5% for 5yrs, low cost, 80% LTV, 1.20 DCR, 30 yr am. Apartment loans $1MM – $3MM : from 5.95% for 5 yrs / 6.15% for 10 yrs – recourse Apartment loans $3,000,000+ : from about 5.55% for…
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Coloradoan moving printing and cutting 48 jobs
Fort Collins’ newspaper, Coloradoan, has moved its printing operations to the Denver Newspaper Agency facilities in Denver. With this move the publication will let go of 48 employees.You can read more at NCBR
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Northern Colorado Unemployment Better than State and Country
While the news is not all “blue sky”, the unemployment rate in Northern Colorado is still relatively low considering numbers in the state and especially the country. The latest report from the Department of Labor shows the following rates across Colorado: Pueblo: 7.8 percent Colorado Springs: 7.7 percent Denver/Aurora/Broomfield: 6.9 percent Fort Collins/Loveland: 5.6 percent…
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Strong Greeley job market expected
MILWAUKEE – Greeley area employers expect to hire at a “respectable pace” during the second quarter of 2009 with a healthy jump in hiring expected over the first quarter, according to a report released Tuesday by Milwaukee-based Manpower Inc. The quarterly Manpower Employment Outlook Survey showed 18 percent of Greeley area companies planned to hire…
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Comparisons to Great Depression Are Pure Babble, Says Economist
There is a great article about the lack of good news in the media these days. They point out that not everything is “doom and gloom” and we have to balance our outlook based on a level playing field. If investors look in the right places, they can find more comfort in the economy and…
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Mercer & Callan Associates forecast positive real estate returns
In an article published by NREI Online it was stated that: “Mercer Inc. (one of the largest institutional investment consulting firms and a division of Marsh & McLennan Cos., a major New York-based insurance firm) is forecasting annualized returns from real estate investments at 7.3% over the next 10 years, while Callan Associates (another large…
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2008 NMHC Annual Report: End of the Ownership Society
NMHC’s 2008 Annual Report, The End of the Ownership Society, examines the current national housing situation as well the housing policies that led to it. 2008 will long be remembered as the year that the easy credit days of the first half of the decade came to a crashing halt. The looming credit crisis quickly…