Thursday, April 16, 2009

Some Very Good Real Estate News

We all need a liitle good news in this tough market so here it goes. I love spreading this news to you!

Denver on list of 10 cities where Americans are relocating: Denver is one of 10 U.S. cities on a new Forbes magazine list of cities where Americans are relocating. (read more here)

Drop in mortgage rates trigger race to buy, refinance: Tumbling interest rates are setting off a mortgage-refinancing scramble among homeowners and pulling undecided buyers into the market. (read more here)

Mortgage Refinancing May Hit $2 Trillion in 2009: The Mortgage Bankers Association
on Tuesday
jacked up its 2009 forecast for mortgage originations to reflect the Fed's recent moves to engineer lower mortgage rates. The group now expects mortgage originations to total $2.78 trillion this year--an increase of more than $800 billion from its previous estimate.
(read more here)

New home sales in surprise rebound: NEW YORK: Sales of newly constructed homes rose unexpectedly in February, rebounding nearly 5% after sinking to the lowest level on record in January, according to a government report released March 25th. (read more here)

Xcel selects SunPower to build solar plant in Alamosa: Xcel Energy today announced it has selected SunPower Corp. to build North America's second-largest photovoltaic solar-power plant in Alamosa. The 17-megawatt plant would come online by the end of 2010. The project is expected to create about 200 jobs during construction. (read more here)

Pueblo approves SDS: Last night, after a three hour hearing, The Pueblo County Commissioners voted unanimously to approve Colorado Springs' proposed Southern Delivery System, which will deliver water from Pueblo reservoir to Colorado Springs. (read more here)

Grand Junction Makes the Cut: Grand Junction makes the cut! For the first time, Grand Junction has made the Forbes Business Top 25 as one the best small places for business and careers (read more here)

Did You Know?
Ft. Collins ranked 2nd and Colorado Springs ranked 10th on Forbes latest “Best Metros” list?

I am excited to see more good news as we head toward summer!

Jon Urban
Urban Companies

1 comment:

Jim Urban said...

Jon,

I check periodically at your blog. I am sad to see that you stopped posting. You had a good thing going. It's not too late to get re-energized with it!