Will 2012 Be The Comeback Year For Housing in Colorado?

What drives housing markets? I would have to say, confidence. What drives confidence? Income. How do you get an income? By having a job. It is clear that the best indicator for a housing recovery is jobs. According to Colorado Realtor Magazine, many of the indicators are moving in the right direction. The Census Bureau shows that Colorado has seen a net increase in population of over 31,000 people, and at the same time exceeded expectations when it comes to the jobs numbers. Colorado was expected to have 8.4% unemployment at the end of 2011, down from 8.7%. As it turned out, as of January 1, 2012, unemployment was actually at 8% even. (The nation’s unemployment rate was at 8.5%.) So, the increase in population along with the decrease in unemployment indicates apositive jobs situation, don’t you think?

Jobs are here, home prices are down, and this State is truly beautiful. With all of those factors on it’s side, you got to believe that Colorado is primed for the 2012 recovery.

Taken by a friend in the lovely State of Colorado. Thanks, Jennifer.

This one I took in January 2012.

 

About Jeff Hansen, Realtor in Colorado

Search for homes here; www.jeffhansen.remax.com for FREE. Licensed Real Estate broker with RE/MAX Professionals at 10135 W. San Juan Way, Littleton, Colorado 80127. I have been a Realtor Since 1992 and provide Free Real Estate Advice Realtor in Littleton, Colorado and the Metro Denver Area, A Real Estate investment company focusing on the buyers and sellers of homes, also including fix and flips and rental properties, Listings and all sales of realty. (303)794-4530 Disclaimer I will not receive any compensation or take on any liability because of any conversation on this or any related web page w/o any written brokerage agreement. And there will be no relationship actual or implied because of any conversation on this or similar pages. No written agreement, therefore. AND Differ from state to state, so check your state's rules.
This entry was posted in Financing, Foreclosure, Home Buying, Home selling, Housing, real estate, realtor, realty, refinancing, Short sale, Shortsale, Uncategorized. Bookmark the permalink.

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