Colorado Springs Real Estate

Local Economy in 2010

A UCCS College of Business and Administration report in their Quarterly Updates and Estimates publication gives me some cautious optimism.  According to Fred Crowley, Senior Economist for the college,"Sufficient time has passed to be able to say the local economy definitely bottomed out in February 2009. Since then, the BCI (Business Conditions Index) increased from 68.8 to 81.3, an increase of 18.2 percent."

That's great news for Colorado Springs!  Crowley writes that their are some especially good signs in the local real estate market.  The National Association of REALTORS® reports that the national average increase in year to date homes sales from 2009 to 2010.  Compare that national number to the 5.9 percent increase we've experienced in El Paso county year to date home sales.  El Paso County is also experiencing a more than double the national average home price increase this year over 2009.

If my fellow Southern Colorado businessmen continue to attract Californians to Colorado Springs, we might have an even better 2011!  Let's build some more houses!

What can you do to stimulate the local economy?  Buy your flooring from us!  :)  All the proceeds of the sale go toward local Coloradans who, in turn, like to spend their profits on goods and services from other Coloradans.  Let's KEEP IT LOCAL!

Call US Floors Direct today for a flooring estimate!

(719) 391-9319

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