Real Estate & Construction  October 19, 2017

Metrostudy predicts another year of housing start increases

FORT COLLINS — Metrostudy, the Denver-based company that tracks residential real estate markets, predicts a 5 percent to 8 percent increase in residential housing starts in 2018 in the region encompassed by Larimer and Weld counties.

John Covert, director of Metrostudy’s Colorado-New Mexico region, told Realtors and developers at the annual Everitt Center Real Estate Conference Tuesday at Colorado State University that the region suffers from several market impediments, but the demand is great enough to increase housing starts in the new year.

Covert said housing starts so far this year are up 10 percent but…

Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
Sign up for BizWest Daily Alerts
Closing in 8 seconds...