Pueblo continues to make the forclosure lists. While this makes nobody happy, it does give buyers and investors an opportunity. Pueblo is the place people like to retire to because of the cost of living. However, the economy could use a good kick. The Colorado Small Business people tell me that small and large companies both look to Southern Colorado to relocate to because of the opportunities that are here. Costs are low and employees are plentiful.
The saying goes buy low and sell high. This list below should give people something to think about. And it's nice to see Colorado on a good list for a change. We have so much here that we love to share. If you are coming to Colorado to live, invest or visit please keep an open mind. You never know where opportunity lies.
Daily Real Estate News | October 25, 2006Report: 10 Great Cities to Invest in Real Estate
The magazine Business 2.0 has published its list of the top 10 places to invest in real estate in the next 12 months.
Top 10 Cities: Where to Buy Now
- Panama City, Fla. "Panama City is an economy waiting to break out," says Steven Cochrane, chief regional economist for Moody's Economy.com.
- Vero Beach, Fla. A Manpower Employment Outlook Survey predicts growth in construction, manufacturing, and retail jobs too.
- Bridgeport, Conn. "Bridgeport has fixed the corruption," says Norman Feinstein, a principal with New Jersey-based Hampshire Funds. "The local government is pro-development, and buildings are being rehabbed."
- Lakeland, Fla. Lakeland is just 30 minutes from Tampa, a juggernaut of 2.7 million people that's projected to add almost 210,000 more residents over the next five years.
- McAllen, Texas 85 percent of the population is Latino and they are enjoying improved economic status, creating pent-up demand for nicer homes.
- San Luis Obispo, Calif. The last semi-rural stretch of central California coastline, and it's also home to the state's rising star of wine production.
- Wilmington, N.C. Highway construction has opening this area of the coast, bringing vacationers from other parts of North Carolina.
- Manchester, N.H. Within commuting distance of Boston, without the cost.
- Fort Collins, Colo. An outdoor paradise with lots of high-tech jobs, good schools and low crime.
- Atlanta Bruce Katz, head of the urban development program at the Brookings Institution, says Atlanta is "sprawl on steroids."
Source: Business 2.0 (11/01/2006)
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