Real estate execs see continued price escalation
BOULDER — Real estate prices continue to climb in Boulder, begging the question: When will the cycle take a downward turn?
Commercial and residential chief executives who work the area have expected a downturn for some time, but right now, they’re not seeing it.
“I thought it was over awhile back,” said Jim Loftus, principal of Loftus Developments, “But there may be two or three years left … prices and rents continue to escalate.”
Loftus wasn’t the only one at BizWest’s CEO Roundtable on Real Estate and Construction thinking Boulder is the exception to the…
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