Drop in Denver building activity welcomed - Only 3,408 building permits were issued in the Denver last year, the lowest number since at least 1980. While the news isn't good for those who make their living building homes and apartments and the overall economy, it is good for anyone trying to sell their own home, and for landlords of apartments who won’t face competition from new communities anytime soon. “It is so important that we are getting control of the supply,” said Byron Koste, director of the Colorado Real Estate Center at the University of Colorado in Boulder. “It is very good news for the Denver area and the whole region that we are getting the excess out of the supply.”
http://insiderealestatenews.com/2010/02/drop-in-denver-building-activity-welcomed/
Drop in Denver building activity welcomed
0 comments • Jude Sandvall, ABR, CNE, SFR 720-255-1021 • February 18 2010 10:47AMComments
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