Mostly good news for 2013 real estate market
The forecast looks mostly sunny for real estate investors in 2013, according to a series of speakers who gave presentations during the Institute of Real Estate Management’s Southern Colorado economic forecast this morning. Though apartments have been hot for the last couple years, it’s still a good time to invest in them, said Doug Carter, an apartment [...]
Construction is Colorado’s sixth largest industry, according to a McGraw-Hill Construction report, and 2013 is predicted to be a strong year for the industry. Colorado is in the top third of states recovering from the economic downturn and the state’s construction industry has added 12,000 jobs since 2010, according to the Associated General Contractors in [...]
Continue reading …New buzz and energy in the commercial real estate market has some local brokers cautiously optimistic that this is the beginning of better times, but others in the industry remain skeptical. “There’s definitely activity,” said R.D. Trinidad, president and managing broker at Hoff and Leigh. “We’re having more positive inbound calls than we’ve had in [...]
Continue reading …The state will have about $149 million additional revenue during the next fiscal year than the Office of State Planning and Budget originally forecasted. The overall increase is due, according to a press release from Gov. John Hickenlooper’s office, to continued improvement in the job market and increased business confidence. Sustained production is buildinga foundation [...]
Continue reading …A perfect storm of declining sales, increasing claims and no way to recoup investments during a down economy has hit the property and casualty insurance industry hard this year. That will mean increased rates for businesses and a buyer’s market left blowing in the wind. It’s humbug news for 2012. “It won’t go up dramatically [...]
Continue reading …Looks like the holiday will be even jollier than first thought – at least for the nation’s retailers. The National Retail Federation has revised its holiday forecast upward, expecting holiday sales to rise to 3.8 percent this year. The overall forecast is a record $469.1 billion in sales. NRF’s initial forecast called for anticipated sales [...]
Continue reading …Strong forecasts, deals anchor hope for commercial real estate investors The Pikes Peak region commercial real estate market — as is true in most parts of the country — serves as an economic health barometer. And today’s readings show pressure is rising on the local real estate investment scene. Concerns about overleveraged or devalued commercial real estate, [...]
Continue reading …
Loading ...
