At Premier Mortgage Funding, we've worked hard to make
getting a Pueblo mortgage with us as simple and efficient
as possible. Please take the time to look around our site
and discover how we can help get you the best, low cost
Pueblo mortgage that will be the right home loan for you.
Fort Pueblo was established near the junction of the
Fountain and Arkansas Rivers in 1842. Built primarily
of adobe, El Pueblo served as a trading center along the
boundary between Mexico and the United States until it
was attacked by Indians and everyone inside was killed
the day before Christmas, 1854. Neighboring ranchers came
to the fort just long enough to bury all the victims they
found and then the area was abandoned for years.
The discovery of gold and silver upstream along the Arkansas
River saw the reestablishment of Pueblo as a real settlement
with businesses, schools and churches. In 1870, Pueblo
was incorporated as a town with a population of 2,265.
In 1873, The Denver and Rio Grande Railroad incorporated
South Pueblo just beyond the south edge of Pueblo. The
railroad here enabled access to all of the nearby mining
operations and the two Pueblos became the "Smelting
Capitol of the World." The first smelter was built
in 1878 and was followed by the Colorado Coal and Steel
Works Co. (later to become Colorado Fuel & Iron -
CF&I) in 1879. Soon there weren't enough workers to
fill the jobs so the companies began recruiting in Europe
and elsewhere, telling potential employees "America
is the land of milk and honey and the streets are paved
with gold." Desparate workers were sorely disappointed
when they arrived but at that point, what could they do?
Most just went to work in the jobs that were available.
By 1880, the two Pueblos had a combined population of
7,617, of which one in nine was a newly arrived immigrant.
Central Pueblo, located between Pueblo and South Pueblo,
was incorporated in 1882, reputedly to avoid taxation
from the other Pueblos. In 1886, Bessemer, the town which
grew up around the steel mill was incorporated. That same
year the citizens of the three Pueblos voted to consolidate,
believing that unity was the key to more prosperity. In
1894, the town of Bessemer was finally annexed into the
city of Pueblo. By that time the population of the city
had surpassed 31,000, making Pueblo the second largest
city in the state.
In 1908, John Rockefeller won a hostile takeover bid
for Colorado Fuel & Iron and the working and living
conditions of the coal miners and steel workers deteriorated
still further, if that can be imagined. Eventually this
led to the Colorado Coalfield War of 1913-1914. As prosperous
as Pueblo was, the coal camps that supported Pueblo weren't.
As Andrew Carnegie once said, “God gave this fortune
into my hands for safe-keeping. If I paid my workers more
trhan they need to stay alive, they will simply squander
it. And what do I say to God when it's all gone?”
At least Carnegie had an epiphany and returned some of
the fortune to the workers who made it for him in the
form of libraries that he had built in many of the larger
coal towns.
Today, Pueblo is one of the fastest growing cities in
America. Downtown Pueblo, with its wealth of Victorian
and Territorial architecture, is also going through a
renaissance and renewal. Many of the old office buildings
and warehouses are being refurbished in period appointments
as they are being turned into townhomes, lofts and new
office space.
Other Data:
Elevation: 4,695 feet
Average annual precipitation: 16.6 inches
Terrain: High plains cut by river gorges
January temperature: High: 48 Low: 0
July temperature: High: 101 Low 52
Days of Sunshine per year: 300+
Pueblo Population 2000 census: 102,121
Pueblo County Population 2000 census: 141,472
Pueblo Real Estate and Mortgages in Pueblo,
Colorado
The real estate market in Colorado remains strong and
the demand for real estate and mortgages in Pueblo is
booming. Colorado continues to attract new residents from
around the country, drawn by Colorado's beauty and economy.
This population growth has resulted in a good rate of
appreciation in the Colorado real estate market. It has
never been easier to get a mortgage in Pueblo and mortgage
rates are at some of the lowest levels in decades.
If you live in Pueblo and are looking to buy a new home
or refinance your existing mortgage, we can help. Also,
if you are moving to Pueblo and need help with real estate
in Colorado or a Pueblo mortgage, please don't hesitate
to give us a call.
