Monday, July 13, 2009

Best Places to Live - Louisville, CO

Wow, we made the national news again for our way of life here in the Denver Metro area - especially LOUISVILLE! CNN Money announced today, Louisville topped the list of 100 for Best Places to live.

Population of 18,800 and unemployment at 6%, Louisville is nestled along the Rockies with ice cream shops plentiful in this historical town. You can snag a burger at the Waterloo Cafe, there could be a Friday night street fair, beer gardens, live music and games for the kids to name a few things to do in Louisville. The TOP reason give this town the thumbs up --- The Great Outdoors! Louisville has 30 miles of trails, and the Rocky Mountain National Park is less than an hour away, 8 world-class ski resorts within two hours. The school district is highly rated as well. Along with dry, clear weather, little crime, good health care and low taxes, Louisville is a tough one to beat!

The economic future of this town has weathered, and industries are robust, such has high tech, energy and health care. This makes the county's unemployment amoung the lowest in the state.

The City of Superior (within minutes of Louisville) ranked #13 on this list of Best Places To Live.

Joan Cox, GRI,ABR,CRS,e-Pro
Metro Brokers - Turning Point Real Estate, Inc.
720-231-6373
http://www.joancox.com/

Denver's Housing Market

July stats from Metrolist shows very hopeful signs of comeback! June's stats actually show signs of normalcy. Sales were equally split between lower priced homes and larger more expensive homes.

In early 2009, most homes sold were first time home buyers enjoying the $8000 stimulus benefit. Bank owned, HUD homes and distressed properties were moving very fast.

June's sales increased 15.4% over the previous month's sales. Condo sales are on the rise also, showing a small percentage of increase over May. Average sales price has risen 6.34% from $243,022 in May to $258,434 in June 2009. This represents a decrease from June 2008's average of $267,005. Average days on market in June 2008 was 106, and June 2009 day's on market was averaging 104. Average sales price on a condos is $155,753.

I personally have experienced writing many offers in the last few weeks, and having on four separate occasions writing on properties under $350,000 and being in a multiple offer situation. This is good news - showing this market is looking more like a seller's market in this price range.

Joan Cox, GRI,ABR,CRS,e-Pro
Metro Brokers - Turning Point Real Estate, Inc.
720-231-6373
www.JoanCox.com
Joan@JoanCox.com