SUBMITTED BY HD37 Secretary KARL GOEKEN
Thanks to everyone who participated in and helped with the caucus on the 5th.
Saturday March 15th 8:30 am, South Metro Forum. Angela Engel will be the guest speaker on educational issues in the state legislature.
The key question is: "are my clients still going to buy my product tomorrow?" Will he meet his budget, sales and growth goals? Things like interests rates, inflation etc are important in the long run. Small business owners aren't necessarily affected by the big picture issues that affect the country, or larger businesses. For example high unemployment rates don't hurt a small business owner, it actually makes finding help easier. Health cost issues affect a small business owner more than a larger company due to affordability to provide that benefit to his employees.
Foreclosures are very high so far this year - 500 to 900 foreclosure filings per week in Colorado. Centennial only 24 last week. Denver was #1 last year for foreclosures. There were 9221 foreclosure filings in Arapahoe County in 2007. In 2006 there were around 5000. The media feeds our perceptions of the economy. You be the judge for yourself.
This year however Denver is way down. Detroit, Miami, San Francisco, Phoenix and Las Vegas have overtaken us. Out of this calamity however there are great opportunities for first-time buyers. Prices are down, supply is high and interest rates are at historic lows. Of the last 10 condos Sherry has shown, 9 were foreclosures / bankruptcies.
Average days on the market: 60 days to 4 months on average. Good homes in good condition in good locations that are priced right will always sell. Staging is important in a sale.
Attendance 57
Delicious ideas to please the pickiest eaters. Watch the video on AOL Living.