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City of Cortez and South Western Colorado Market Survey

We have been spending many hours couples to buy homes. Much of the data
surveying the market for a potential we searched out from Fort Lewis College
business location in the South Western matched our findings and observations.
Region (region # 9) of Colorado. Pouring population increase of Denver is matched
through data, seeing the tourist sites, in South Western Colorado with about 8%
and understanding the market there. in the last decade increase. From
Meeting with officials, business people 2001-2002 up 1.78%, strong growth.
and visiting businesses we learned quite Statewide Colorado saw about 1.5 - 1.6%
a bit about the region and the future over all. And you can see that growth in
prospects there for someone opening a Montrose, Grand Junction, Boulder,
business.One of the main cities we took Parker, Colorado Springs, pueblo,
data from and drove around talking to Greeley, Fort Collins, Aurora, Denver
real people there was the City of Cortez. Highland Ranch, Loveland, etc.Many of
Which is just North of Four Corners and those moving in area doing so with second
is a big trade partner with Farmington, homes for Summer to get out of heat in
NM and sees a lot of tourist traffic places like Vegas, Arizona and lower NM.
traveling to the state parks and federal It is Country Type living and the family
parks there, namely Mesa Verde Cliff values and community is strong and very
Dwellings. It also receives traffic nice. Safe place. Only San Juan County
traveling to and from Durango and declined and drastically at 2.13 %, which
Telluride.First off the numbers and is a small-populated area and therefore
population stats look good to us in that the numbers are skewed. Demand for labor
35% of the population is 25-54 and that is up and unemployment is down.
is both our age range to hire from and Increased demand for labor exceeded 16%
our biggest marketing sector for car since 1999 and job labor rates climbed
washes and detailing services. Up the and the demand was mostly in retail and
hill and around the corner in Durango in services for the wealthy older people
that stats were a little higher as moving in. Also in tourism as increased
retirees with money have moved in there. after 9-11 since most of the area is
Higher age and higher economic socio traveled to by automobile and tour bus.
status. Good money flow from that group. They expect another 4% increase in the
Also it has driven up housing costs. next five years for labor, meaning labor
Durango imports most of its labor from rates are improving and therefore quality
Cortez and about 5000 people come into of life is improving. 17% of the area is
work in the city every day and only 800 owned by Native legitimate Indians and
leave to work each day.Cortez has a huge nearby the Ute Tribe has a casino, which
Navajo population and they have mingled is one of the largest area employers.It
with others and provided a good strong appears it would be a great place to run
and very reliable base of labor for many a business especially if you exported out
non-techy type jobs. One-third of the of the area and needed a hard working and
population rents and does not own homes reliable labor supply. We liked what we
and that number is growing as retirees say in South Western CO and feel it might
move in and drive up property values just be what you are looking for, so
making it difficult for local young think about it.




www.citycollegetimes.com keyword stats [2007-07-03-2007-07-03]


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