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SOURCE: New Era Realty
Real estate expert, New Era Realty, announces a tremendous economic and housing rebound in Greeley, Colorado. Jumping to 5th in one-year job growth and up 17 spots in five-year growth, Greeley is not letting the recession slow development.
Greeley, CO (PRWEB) March 21, 2013
New Era Realty is excited to report the remarkable renewal and growth of the real estate market in the recession-damaged economy of Greeley, Colorado. According to a recent Milken Institute study, Greeley is now fifth nationwide in one-year job growth and up to twenty-fifth in five-year growth. "The determination of the residents is incredible. The real estate market is ready to explode, further proving people have confidence to invest in the future," stated John Stegner, New Era Realty. “I’m excited and proud of the people that continue to move forward. I’m truly seeing the pioneer spirit rise once again.”
While many cities are just trying to hold steady, Greeley has leaped forward and is once again enjoying the growth of years past. "Go West, young man, and grow up with the country." This simple quote attributed to Horace Greeley, editor of the New York Tribune, encouraged many to take the trek across country and discover the western part of the United States.
Little did he know after his editor Nathan Meeker visited the northern part of Colorado in 1869 a simple article would motivate 3,000 people to birth the small community of Union Colony and change Northern Colorado forever. The city's name was changed to Greeley after a visit from the great statesman. The subsequent generations witnessed enormous growth, the development of a great university and a booming economy. Then the recession hit.
Like so many other semi-rural cities across the nation, the town felt the pain where it hurt most. A booming real-estate market crashed with builders fleeing the city just trying to cover costs. Jobs were lost and a once budding city felt the pressure of a collapsing economy. However, the spirit that formed this little utopian community in the late 1800's endured, and the frontier town of Greeley is making a major comeback. "I’ve lived in this area my entire life, and I've never seen anything like the resurgence we are seeing now," commented John Stegner.
"It is encouraging to watch a city recover. The economy is blossoming, and the demand for homes is growing just as fast. This is a great place to be!" added John Stegner. The addition of several large companies, with a diverse range of products and services, has the economy of Greeley growing again. Welcome news in an era of decline and bust.
Statistics show that new building is up, unemployment down and the community is experiencing unparalleled growth. Truly a sign of rebirth of a quintessential high plains town.
For more information about Greeley and Surrounding areas please visit: http://www.tophomesforsaleco.com
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