Wednesday, February 19, 2014

Local real estate forecast healthy for 2014

from The Colorado Springs Business Journal | by Cameron Moix | January 2, 2014


A key indicator of economic vitality in any metropolitan area is the health of its real estate market, and Colorado Springs is no different.
The incoming year, while as unpredictable as any, is shaping up to be positive in that regard, according to commercial and residential real estate experts.
Every prediction, forecast or outlook is fallible — but those that track the trends and crunch the numbers do their best to illustrate the future realistically and with whatever tinges of positivity or negativity are instigated by data.
In the Springs’ case, there seem only to be clear skies on the horizon.
The real estate market — both commercial and residential — continues to bounce back since turning the corner in 2011 and local experts see the coming year as a step closer to complete recovery. Colorado Springs real estate investors can only hope they are right.
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