The news lately in Colorado economy has been all positive. CNBC ranked Colorado a top state for business, placing 7th (up from 8th last year), showing the greatest improvement in the strength of its economy. The rankings are determined by 51 metrics including business friendliness, cost of doing business and access to capital. Colorado improved slightly in education and was consistent in technology and innovation, as well as infrastructure and transportation. Additionally, the Boulder County Business Report recently indicated the Colorado economy continues to grow at magnitude that exceeds previous forecasts. Sectors seeing the largest growth include construction, professional and business services and leisure and hospitality, according to economist Richard Wobbekind, University of Colorado-Boulder's Leeds School of Business.
As job growth and economy optimism continues in our area, confidence remains in the real estate market. It is still a good time to buy or sell, please contact me if you'd like information on the Boulder area market.
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