Matthew Gardner Weekly COVID-19 Housing & Economic Update: 5/11/2020

Job growth is critical to the health of the housing market, so on this week’s episode of “Mondays with Matthew,”  Windermere Chief Economist Matthew Gardner analyzes the effect of COVID-19 on employment and what we can expect for the duration of the year.

Posted on May 22, 2020 at 4:16 pm
Jon Holsten | Category: Buying, Northern Colorado Real Estate, Selling, Windermere Real Estate | Tagged , , , , ,

Job News

There is an abundance of great news when it comes to employment in Colorado.

The unemployment rate is incredibly low at 2.7% which is almost a full percentage point lower than the U.S. average.

According to the Bureau of Labor Statistics, Metro Denver added 28,300 jobs over the last year which ranks 15th out of all metropolitan areas nation-wide, many of which have much larger populations than Denver.

While this is positive news, what is even more remarkable is what is happening in the other, smaller cities along the Front Range.

Anytime job growth exceeds 2.0% per year, it is a sign of a very healthy economy.

Here is what the other Cities have seen in terms of job growth over the last 12 months.

• Fort Collins 2.6%

• Greeley 2.5

• Colorado Springs 1.9%

Posted on December 9, 2019 at 8:00 am
Jon Holsten | Category: Buying, Fort Collins Real Estate, Greeley Real Estate, Housing Trends, Johnstown Real Estate, Living, Loveland Real Estate, Northern Colorado Real Estate, Timnath Real Estate, Wellington Real Estate, Windermere Real Estate, Windsor Real Estate | Tagged , , , , , , , ,