Xcel is the nation’s largest utility wind power provider and has set new records for single-day and one-hour wind-energy production in Colorado. For the first time on October 2, wind generation supplied more than half of its Colorado customers’ energy, averaging 54 percent. Almost all of that wind energy was produced within Colorado. Xcel also set a new […]
Key Statistics
November 19, 2015 by Leave a Comment
The Denver housing market remains among the hottest in the country. Here are some key recent statistics: 1. The average price of a single-family house in metro Denver climbed another 11 percent year-over-year in September to $398,591. 2. The number of single-family houses sold in September was 3,509, a 0.11 percent decrease from the same month in the […]
Foreclosures: Colorado Contrasting the Nation
November 17, 2015 by Leave a Comment
According to RealtyTrac’s latest Foreclosure Market Report for Colorado, one in every 733 houses are in foreclosure, a 15 percent decrease from the same time last year. Colorado had a 17 percent decrease in the number of foreclosure filings (the first stage of the foreclosure process) from the second quarter of 2015 and a 15 percent decrease […]
Denver’s Economic Growth
November 12, 2015 by Leave a Comment
According to a new report by the federal Bureau of Economic Analysis, Denver’s economy grew at a pace of 6.5 percent last year, which is nearly triple the average rate of the nation’s metro areas. The Denver metro area (including Aurora and Lakewood) had a gross domestic product (GDP), which measures the total output of goods and services […]
Denver Ties with San Francisco
November 10, 2015 by Leave a Comment
According to the latest monthly S&P/Case-Shiller Home Prices Index report, after trailing San Francisco for year-over-year home-resale price gains in July, Denver tied with San Francisco in August for the top spot among 20 major U.S. metro areas. Case-Shiller numbers for metro Denver cover a 10-county area: Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson and […]
Apartment Rent Update
November 5, 2015 by Leave a Comment
According to the latest report by apartment housing research company Axiometrics, apartment rents in Denver grew by 10 percent in the third quarter, which was the fourth-biggest jump in the U.S. In the latest three months, apartment rents in Denver have increased 3.3 percent, which is the seventhbiggest jump in the country. However, one sign that the Denver […]
Home Builder Confidence
October 30, 2015 by Leave a Comment
The Housing Market Index, which is based on a survey by the National Association of Home Builders, recently rose 1 point to 61, its highest level since November 2005. This Index is used by builders to determine when they should be building new homes. Given the unbelievable shortage of housing inventory, this is a good […]
Solar Power Rankings
October 28, 2015 by Leave a Comment
According to a new report from GTM Research and the Solar Energy Industries Association, the United States solar power market passed the 20 gigawatts of capacity milestone during the second quarter of this year. New installations of solar power during the second quarter nationwide totaled nearly 1,400 megawatts. Overall, the U.S. installed 2.7 gigawatts of […]
A Happy State
October 26, 2015 by Leave a Comment
According to a new study from WalletHub, Colorado is one of the happiest states in the country. The study ranks Colorado the 4th happiest state in America, and top 10 in the following categories: Overall satisfaction (10th) Lowest heart attack rate (2nd) Job security (1st) Sports participation (1st) Income levels (7th) Physical health (7th) The […]
Lower Heating Bills
October 23, 2015 by Leave a Comment
As fall and winter gradually approach, it may cost lower to heat your home this year. Natural gas prices were at about $3.20 per thousand cubic feet earlier this year and haven’t been above $3 in the last three months. This translates to upcoming monthly heating bills likely being a lot smaller compared to last […]