Lu:
Well I mean for this particular period of time we are probably going to see some corrections and in the state of Colorado we are also seeing this interesting phenomena on the single family front. So we are seeing the single family inventory has also been growing at a much faster speed in comparison with other metros. So that really puts the rental household out there with abandoned options. So that is where when you have this inventory abundance and you will likely see some softening on the run growth and the single family price appreciation, that’s probably what we are seeing at this particular moment. But I’m personally have a very hopeful, very positive attitude towards the state of Colorado overall. I do think the young population there, the school which often serve as a huge magnet to the young population growth will continue to help with the job growth and in particular the high tech job growth. And that is really my best bet in terms of the positive demographic factor for the state of Colorado.
Related Posts
Post Comment