Tuesday, October 20, 2015

You've Heard That Denver Is Growing... But Just How Much, You Ask?

Reading the details of the 2015 Economic Forecast may not sound riveting, but it can shed some light on what's happening in the Metro Denver area, and can help us understand what to expect in the housing market as a result.

Among other things, this report reminds us that the largest population group in Metro Denver is now represented by millennials.  The job market is strong, and that is a huge factor in our growth!

From the 2015 Economic Forecast Report (Provided by the Metro Denver Economic Development Corporation):

"Colorado maintained its ranking as a top 10 state for employment growth during 2014 and will post a strong 2.7 percent increase in employment in 2015. The employment base is expected to reach 2.5 million workers in 2015, representing the addition of over 66,000 jobs."

Read more HERE!

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