2017 Colorado Springs Real Estate Market Outlook – Winston Rowe & Associates

[Winston Rowe]

Real Estate Market Outlook

January 2017, the Colorado Springs real estate market is ramping up and appears to be on track to set new records this year.

The booming growth in the Colorado Springs economy of the past two years will continue next year as a strong job market keeps consumers spending, because of the election of President Trump’s business friendly and job creation economic policies.

Colorado Springs has 30% fewer homes on the market than we did at this time last year and we still have major buyer demand.

2017 calls for faster growth than this year in the area's economic output, called gross metropolitan product, job growth continuing at the same rate as a year ago and slightly higher gains in retail sales from the past two years.

The strength of U.S. consumer confidence is underscored by campaign promises made by President Trump to invest in the Department of Defense, which translates to support of Colorado Springs — a community that has long relied on defense spending and its large military presence for economic and community support.

Winston Rowe & Associates prepared this article their primary objective is to provide the most reliable and efficient means of sourcing both debt and equity funding for your commercial real estate loans.

A principal is always ready to speak with prospective clients; they can be contacted at 248-246-2243 or check Winston Rowe & Associates out on line at http://www.winstonrowe.com