https://thebusinesstimes.com/local-housing-summit-addresses-housing-crisis/

After reviewing this article published by “The Business Times,” we are able to gather more information on the economic downturns for the whole state of Colorado which can be directly linked to increasing in-migration numbers. Kevin Bray does an excellent job describing the struggles faced as a current builder/ developer.

Looking at real estate through a residential perspective we are able to see a major shortage of inventory which also pours into the commercial side. It all goes to show how overall inflation has negatively impacted our economy as buying power is fairly low and costs remain steadily increasing. Salaries are slowly increasing to accommodate the price raises but is still not up to par to outweigh high money printing during COVID times.

Click the link to learn more about economic trends in Mesa County and Colorado as a whole to become better enriched through a homebuyer’s perspective.