Located in Larimer County, Loveland, Colorado is only 40 miles north of Denver and about 50 miles south of Cheyenne, Wyoming. Real Estate in Loveland is very popular because of its convenient location and great small town feel. It is wonderful to have access to the big city but no having to deal with the noise and crowds all the time. The latest relocation trend has been for people to move out of the city into suburbs and thats why people are moving to Loveland. Over the next few years Loveland Colorado real estate will experience strong growth and great prices. Its interesting name also gives it something special that drives in new residents. The name Loveland originated from William A.H. Loveland, the president of the Colorado Central Railroad. The city was actually founded by the Colorado Central Railroad company in 1877 and fittingly named after the beloved railroad president. The city was settled one mile upstream from the existing small settlement of St. Louis(not St. Louis MO) , the buildings of which were actually moved to the site of Loveland. This was the first Loveland Colorado real estate transaction. It hasnt stopped growing since. Like most of the towns during the first half of the 20th century, Loveland had its economy based in agriculture. The primary crops in the area were sugar beets and sour cherries. In the early 1900s, the Great Western Sugar Company built a factory in Loveland, which brought new employment and stronger economic activity. This new factory made Loveland Colorado real estate a valuable commodity as workers from around the area moved to be closer the factory. During the late 1920's the Spring Glade Orchard was the largest cherry orchard west of the Mississippi River. Spring Glade was the pride of the city and the envy of its neighbors. Droughts, attacks of blight, and finally a killer freeze destroyed the cherry industry in Loveland and left many residents looking for work. Fortunately, in the late 20th century, the economy diversified with the arrival of manufacturers like Hewlett-Packard, Teledyne, and Hach. This new birth of economic activity revived Loveland's fading community and the Loveland real estate market there experienced another great time of growth and prosperity. Real estate in the area has continued to be supported by the strong economic presence of large manufacturing companies. Current day Loveland is growing steadily. The population today is over 50,608. Thats up over 20,000 from the 80s. The U.S. Census shows that the city grown by 35 percent since 1990s. Loveland is now the 13th largest city in Colorado. There is new Loveland Colorado real estate on the market everyday. The reasons for this growth are, in part, due to the amount of favorable press this cozy little city receives. Loveland was named the Arts & Hearts capital of Colorado, it was also voted the number one place in the nation to "Revitalize your Life," by AARP Magazine, It has ranked in the top eight "Great Art Destinations" in the U.S. by U.S. Art Magazine, and also placed in The 100 Best Small Art Towns in America by another national magazine. The weather in Loveland Colorado is also a very nice part of living or visiting. Loveland receives around 302 days of sunshine per year. The city receives about 15 inches of precipitation per year. The humidity averages 30 percent in the summer and 43 percent in the winter. On average, temperatures fall below zero degrees only 18 days out of the year. Summertime high temperatures average 84 degrees, while summer lows average 54 degrees. The paradise-like weather results in premium Loveland Colorado real estate prices. Loveland Colorado is a great community with great people. The real estate market there will continue to grow and benefit from its arts, its great community of people as well as its great weather. |
