Colorado is on a growth trajectory. The Denver Post, in an article published November 7, 2017, predicts that “between 2015 and 2050, Colorado will add the equivalent of another metro Denver, on its way to 8.46 million residents. Though it’s a lot of people, the state’s rate of growth actually is predicted to slow during that period as the baby boomer generation moves on.
Northern Colorado and the Western Slope will claim larger shares of Colorado’s population as the state adds 3 million new residents over the next three and a half decades, according to state forecasts.
Greeley and Fort Collins will more than double in population and the Western Slope will grow by two-thirds by 2050, the State Demography Office predicts, while Denver, Boulder, Pueblo and the central mountain resorts will grow at slower rates. Also, Colorado Springs will overtake a built-out Denver as the state’s largest city.”
Though the Denver Metro area will grow the most overall, the greatest percentage of growth will happen for Greeley, Fort Collins and Colorado Springs will have the largest overall percentage gains.
For investors this looks like a great opportunity!
Read the entire Denver Post article.
I LOVE what I do! I have been in the Real Estate Industry now for over 13 years and am grateful to have found a career that I enjoy so much. I am highly organized and extremely efficient with a strong background in negotiations which always helps when in the middle of a tough transaction! I welcome all opportunities to work with you whether you are looking for your first home, looking to move to a larger home as your family grows, or looking to expand your portfolio and purchase an investment property. It is a great time for real estate in Boulder County! If you want to learn about what this market means to you and your family, just call or email. Contact me with all of your real estate needs!
Janet Leap, GRI, CRS
RE/MAX of Boulder