1 in 9 jobs tied to real estate, an article from the Rocky Mountain News, reports that according to a report prepared for the Colorado Association of Realtors, one out of every nine jobs in Colorado is tied to the multibillion-dollar residential and commercial real estate industry.  The University of Colorado at Colorado Springs and the Colorado Policy Studies group are responsible for the report that tracked the economic impact of the real estate industry from Grand Junction to Pueblo.  Kit Cowperthwaite, the 2007 president of the Realtor group, said the report is based on 2005 date, which is the most current information available.  "Real estate is a driving force in our economy.  I think it may surprise people that so many industries are related to real estate", said Cowperthwaite.

http://www.rockymountainnews.com/drmn/real_estate/article/0,1299,DRMN_414_5720620,00.html

Foreclosure rate dips but expected to stay high, an article from MSNBC.com, reports that it appears unlikely that the number of foreclosures will peak any time soon, despite a dip in foreclosures last month.  RealtyTrac, which publishes a database that tracks foreclosures, released data on Thursday that shows 223,538 foreclosures and related filings reported in September.  That number represents about one in every 557 households.  Rick Sharga, vice president of marketing for RealtyTrac said, "I wouldn't bet the farm on this being the peak."  Another wave of "resets" is expected to hit over the next year, which will put those borrowers at risk of losing their homes. 

http://www.msnbc.msn.com/id/21229057/

Additional articles that you may find of interest:

El Pomar gives CC a record $10 million
http://www.gazette.com/articles/pomar_28402___article.html/million_college.html

Do your homework — all of it — before buying a house
http://www.gazette.com/articles/property_28376___article.html/own_sell.html

Infrastructure a common priority
http://www.gazette.com/articles/city_28406___article.html/council_town.html

Possible gravel pit expansion upsets some neighbors
http://www.koaa.com/news/view.asp?ID=9069

Colorado near top for foreclosures
http://www.denverpost.com/economy/ci_7148928

Democrats united on Fannie, Freddie caps
http://money.cnn.com/2007/10/11/real_estate/risky_mortgage.ap/index.htm?postversion=2007101115

Tenants Suffer When Landlords Face Foreclosure
http://www.realtor.org/rmodaily.nsf/topstories/topstories

The United States Of Subprime Loans
http://www.realestatejournal.com/buysell/mortgages/20071012-ford.html