Did you know that the Brookings Institution this year named Denver as one of the fastest recovering cities in the nation?
The Mountain States Employers Council Survey found that 42% of Colorado companies plan to hire new workers in 2011.
As of Oct. 1, 2011 our state’s unemployment rate is 8.1%, down from 9.1% in January of 2011. (The National unemployment rate is 9.0%)
As the city recovers and unemployment decreases in the Denver metro area, traditionally you have increased demand. Increased demand traditionally leads to higher prices.
If you think this is the right time for you to buy, and/or invest in rental properties, search here. Or call or text me, Vickie Hall, at 303-944-1153.
Credit goes to Lonnie Glessner at America’s Mortgage, LLC for his research and statistics in this article.