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Colorado is America’s very own Shangri-La, a mountain playground that takes top honors in every index of health, happiness and wellbeing. With a young, active, educated workforce, Colorado is know as a healthy state with a higher than average standard of living. Colorado Land for Sale is the original Rocky Mountain High.
The Centennial State is a place of striking geological contrasts. First there are the mountains whose very names conjure up the hazardous trek across the continental divide: Snowmass Mountain, Mount Massive, Independence Pass, Quandary Peak, Conundrum Peak – and Pike’s Peak is the most famous – and visited – mountain in the United States, the “purple mountains majesty” that inspired “America the Beautiful.” To the west is the desert, part of the larger Sonoran desert, with its towering cacti and shifting sand dunes; to the east are the rolling grasslands of the Great Plains.
Colorado is the ice faces of its glaciers, the mystery of its Four Corners. Colorado is the urban sprawl of Denver, the wilderness of the San Juan Range, the vistas and mesas of the Four Corners. Colorado is its rivers, like the South Platte, the Arkansas, the headwaters of the Rio Grande, and the Colorado River itself, for which the state is named. Colorado’s watersheds drain eastward into the Gulf, the Mississippi, and the Atlantic, and westward into the Pacific.
Two-thirds of the state’s population lives in cities aligned in a corridor against the foothills of the eastern Front Range. The Denver-Aurora-Broomfield metropolitan area is home to nearly half of Colorado’s citizens; its airport is among the busiest in the world. Denver, nicknamed the “Mile High City,” is a financial center, a vital hub for transportation between the coasts, and a focal point for arts and sports, with museums, universities and professional sports teams. Boulder, home to the University of Colorado, is everybody’s favorite college town while Fort Collins, home to both Colorado State University and a satellite CDC facility, consistently ranks near the top of Money magazine’s Best Places to Live. Colorado Springs, the gateway to Pike’s Peak, is an internationally renowned winter sport venue as well as the site of the famous US Airforce Academy. Durango, in the southwest, offers access to the red sandstone monuments of the Mesa Verde, among the most striking and dramatic scenery in the United States,.
Geologic diversity gives Colorado overall an extreme climate. While in high summer the eastern parts of the state average some of the highest daytime temperatures in the United States, the remote mountains have seen temperatures plummet to fifty degrees below zero in January and February. Despite these extremes, the cities along the Front Range generally enjoy mild weather: Denver temperatures in January are in the 40’s; the 80’s in August. And few states revel in winter the way Colorado does. Indeed, sometimes the six months between April and Septeber seem to be one big holding pattern before the big snows return to cover the mountains again.
Colorado enjoys a highly diversified economy with a single flat tax rate and a modest sales tax. Technology and energy are important sectors within the economy, and Colorado has substantial reserves of oil and natural gas. Mining for gold, silver, and rare ores has been a factor in Colorado’s growth from the very beginning while agriculture, food processing, and ranching account for much of the economic activity on the plains. Thanks to the presence of the Coors Brewing Company in Golden, Colorado brews more beer than any other state. The federal government is one of the Centennial State’s biggest employers: both NOAA and the National Institute of Standards and Technology are campused in Boulder, while the US Geological Survey is headquartered in Denver. Tourism is also a huge industry; ski resorts like Aspen and Vail attract an international clientele.
Speculation was active in the cities along the Front Range during the period of the recent housing bubble. Still, Colorado was among the last states to see the decline in real property values that signaled an official entry into recession. And many economists feel Colorado’s diversified economy positions it to be among the first states to bounce back, with tourism and a strong technology sector leading the way. Colorado Land For Sale is an opportunity to invest in a market perfectly positioned to profit from the inevitable turnaround.