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Competition may be fierce,
an article from
The Gazette,
reports that USOC board
members are meeting in
Houston today as a part of
their annual Olympic
Assembly, the underlying
question for the Springs
might not be what the city
offers, but whether it can
compete if other communities
offer more money that the
USOC can't ignore and the
Springs can't match. For
nearly 30 years, the USOC
has operated out of offices
on Boulder Street in the
center of Colorado Springs
and city officials and civic
leaders have been working
for months to address their
needs. Whether the USOC
will leave Colorado Springs
isn’t clear. The
organization announced this
month it was evaluating
relocation proposals from
other cities it has declined
to name.
http://www.gazette.com/articles/usoc_28631___article.html/springs_city.html
Survey: Colorado 'going in
the right direction',
an article from
The Denver Business Journal,
reports that a new survey of
likely voters shows most
Coloradans are upbeat about
their state and its economy,
but many are worried about
the national economic
picture. According to
survey findings released
Thursday, 7 in 10 of those
polled give a high priority
to economic development in
Colorado, yet two-thirds
also say they think the
state is growing too fast.
Ciruli Associates conducted
the second annual "Citizens
Poll on Economic
Development" for the
Economic Development Council
of Colorado. The survey
contacted 504 Coloradans
identified as likely
November voters by
telephone, with a likely
margin of error as plus or
minus 4.4 percentage
points. The vast majority
of those polled said
economic-development efforts
should focus on promoting
Colorado products and
services, job training
recruiting, and offering
incentives to move jobs to
the state.
http://denver.bizjournals.com/denver/stories/2007/10/15/daily40.html?surround=lfn
Freddie Mac Weekly Survey
Finds Mortgage Rates Mixed,
an article from
Realty Times,
reports that the results of
Freddie Mac's Primary
Mortgage Market Survey show
the 30-year fixed-rate
mortgage averaged 6.4% for
the week ending October 18,
2007, unchanged from last
week. The 15-year FRM this
week averaged 6.08%, up from
last week's 6.06%.
Five-year Treasury-indexed
hybrid adjustable-rate
mortgages (ARMs) averaged
6.11% this week, down
slightly from last week when
it averaged 6.12%. Frank
Nothaft, Freddie Mac vice
president and chief
economist said, "Both
economic indicators and
mortgage rates came in mixed
this week. While retail
sales were stronger in
September, consumer
confidence fell below market
expectations in October."
http://realtytimes.com/rtcpages/20071019_rates.htm
Additional articles that you
may find of interest:
Lingering question: Is there
still water to develop?
http://www.csbj.com/story.cfm?ID=15210
Lagging revenues force
county to cut $4.1M from
budget
http://www.gazette.com/articles/county_28662___article.html/year_budget.html
County warning residents of
plague
http://www.gazette.com/articles/plague_28630___article.html/area_health.html
Delinquency risk rising
http://money.cnn.com/2007/10/18/real_estate/rising_delinquency_risk/index.htm?postversion=2007101906
Disclosure Laws Have Big
Impact on Prices
http://www.realtor.org/rmodaily.nsf/pages/News2007101803
Senate Panel OKs Extension
of Terror Insurance Act
http://www.realtor.org/rmodaily.nsf/pages/News2007101804
In a Down Market, Home
Sellers Get Creative to Find
Buyers
http://www.realestatejournal.com/buysell/tactics/20070827-kim4.html
Housing Cools, Inflation's
Up
http://www.businessweek.com/investor/content/oct2007/pi20071017_544019.htm?chan=investing_investing+index+page_economy
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