The sound of the economy in Fremont County

The Tri City area of Fremont CountyThe “Tri City” area of Fremont County is made up of the tiny towns of Williamsburg, Rockvale and Coal Creek. The population of these towns is approx 1500 provided nobody left for vacation or has family visiting. Towns so small that they are difficult to find on a map. These towns are so tiny that the economy has had very little effect on them. Once coal mining towns their hay day is long gone.

At Central Ave and Oak Creek there is a side track. A set of railroad track that go nowhere. For the last several years empty train cars have just sat on them. Only once were they moved, to trim the weeks and shovel the collected dirt out from underneath them. Early September 2010 I noticed the train cars disappeared! One the way home at the intersection that had for some time held these big dark dinosours I could see down the track straight toward Pikes Peak!

What could be big news that the economy is moving again is just as much news to these 3 tiny towns. Why? These towns have houses very, very close to the tracks. While the train cars sat on the tracks these houses were not selling! Some would not appraise! One bank told me they could not lend because the houses were within so many feet of the track.

For years and years these sides tracks sat empty, covered in dirt and weeds. Most people in the areas forgot they were there. With the current appraisal standards protecting the potential homeowner as well as the banks, it’s hard to believe that the economy starting up again with have a big effect on Williamsburg, Rockvale and Coal Creek. No sitting train cars could mean houses start selling again.

In the month of August (2010) 4 houses sold in the “Tri City” area for an average of $132,000 the lowest priced at $44,000. While not a huge boom in most peoples eyes this is a signifacant change in the area.

If you are interested in buying or selling property feel free to contact Dena Stevens REALTOR.

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About Dena Stevens (719) 369.9087

Putting the ‘real’ into REALTOR since 2004

Ask about vacant land, ranch land or residential properties.

Loyalty and devotion are things buyers and sellers expect from their Realtor as well as the fiduciary responsibility of due diligence. Dena is a certified Ecobroker, focused on sustainability, energy efficiency and the environment and is a Certified Sales Professional from the Association of Home Builders.

Specialties: A client once said “you put the ‘real’ into REALTOR” to me. I took it as a complement and I’ve been using it ever since, I’m a no nonsense kind of person. I’ve been helping people buy and sell real estate since 2004.
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One Response to The sound of the economy in Fremont County

  1. a lender said they could not fund a home because it sat too close to the tracks? could be a blog post here for you – this should never be the issue – my guess is that the lender could not do the loan for another reason and they gave you a story like this because the did not want to admit they had not done their job in the first place…. either the buyer or something else about the property did not work for the loans they had available…. I once heard a story about a loan not closing because there was a power pole in the back yard….the real truth was the lender had never checked the job history and the buyer had only been working for about 3 months.