Boulder Valley RE/Con: National residential market could get too hot too quickly

BOULDER — The national economy is broadly suffering, but low-cost credit and the urge for more space has made the residential market red hot across the country.

That’s the report from Lawrence Yun, the chief economist and senior vice president of research at the National Association of Realtors at BizWest’s Boulder Valley Real Estate Conference Thursday morning.

Work from home

Yun said Colorado’s job creation rate in the years after the Great Recession outpaced the rest of the nation, putting its housing market in a better position than several other states at the outset of the pandemic.