Northern Colorado news Briefs
NoCo Recovers: Fall Economic Update
As we move into the final quarter of the year, it's a perfect time to check in on the NoCo Recovers economic recovery tracker. The tracker provides a helpful dashboard of key indicators that represent real-time aspects of the Larimer and Weld County economies. The data shows that unemployment remains low even as more people are entering the labor force. The housing market is showing an upward trajectory despite higher interest rates, while commercial real estate has mixed performance. Retail and industrial vacancies remains low at under 5%, however, office vacancy is almost 5% in Larimer County and above 7% in Weld County. Click here to explore the tracker and view the latest data.
Ginger Graham named interim president and CEO of Walgreens
It didn't take long for Ginger and Baker to become one of the most popular destinations in Old Town Fort Collins. Just recently, headlines broke that Ginger Graham, founder and co-owner of Ginger and Baker Market & Bakery and The Cache restaurant, has been named interim president and CEO of Walgreens Boots Alliance (Nasdaq: WBA). Graham has served on the Walgreens board since 2010 and last year was chosen as the board's lead independent director. Click here to read more.
NoCo Works Officially Launched
NoCo Works, a brand new collaborative workforce solutions system, officially launched at the end of September. This new program ties together 26 regional partners from Larimer and Weld County to provide a one-stop-shop for employment solutions. The program is led by a steering committee and six subcommittees that focus on regional talent and workforce development. Click here to follow NoCo Works on LinkedIn and to learn more.
Colorado ranked in top 5 for tech jobs
Two studies recently ranked Colorado in the top 5 for tech jobs. Digital Silk ranked Colorado the 4th best state in the U.S. to be a web developer, and in a Venture Smart study Colorado came in as the 5th best state for technology careers. Digital Silk took into account factors including: average base salary for web developers, remote working statistics and quality-of-life metrics. Venture Smarter's study took into account a similar set of factors, however, their scope was broader as they examined the tech sector as a whole. Click here to learn more.
CSU waiving application fees for Colorado residents
Colorado State University (CSU) recently announced that they are waiving in-state undergraduate application fees. They are the state's largest four-year institution to make such a move. Moreover, the CSU Pueblo campus is joining Common App, an organization that allows prospective college students to file a single application accepted by more than 1,000 colleges and universities across the country. Click here to read the full press release.
Boulder named a runner friendly city
Boulder was recently added to The Road Runners Club of America's' list of Runner Friendly Communities. Cities must apply for the designation and are evaluated based on four components: community infrastructure, community support, local government support and additional support. Boulder joins other Colorado communities that have made the list, including Golden and Fort Collins Click here to view all of the designated runner friendly communities.
Denver-Boulder #10 best market for tech talent
The national commercial real estate brokerage CBRE recently ranked the best markets in the nation for attracting tech talent and Denver-Boulder ranked #10. Fifty of the largest markets by number of tech talent professionals in the U.S. and Canada were analyzed in the study. Each market was scored based on 13 metrics that collectively measured the depth, vitality and attractiveness to tech companies and employees. Click here for a deep dive into the data.
UCHealth hospitals ranked among best in state
U.S. News & World Report recently released best hospital rankings and three UCHealth hospitals were ranked among the best in the state. UCHealth University of Colorado Hospital located on the Anschutz Medical Campus came in as the #1 hospital in the state of Colorado. Also making the top five were Medical Center of the Rockies in Loveland (#2) and Memorial Hospital in Colorado Springs (#4). Click here to read the full story.
IRES 2nd Quarter Report
Information and Real Estate Services (IRES) recently released their Q2 2023 MarketWatch Report. In Larimer County, the median sales price was $580,000 for Q2-2023, a -4.1% change year-over-year. The number of closed sales was down 29.7% dropping to 1,374. In Weld County, the median sales price was $505,731 for Q2-2023, a -0.8% change year-over-year. The number of closed sales was down 29.0%, coming in at 1,555. In Boulder County, the median sales price was $849,000 for Q1-2023, a -9.2% year-over-year change. The number of closed sales was down 20.4%, coming in at 909.