Pace of homebuilding slows in Colorado Springs

Like the weather, the pace of Colorado Springs-area homebuilding is heating up. In May, the Pikes Peak Regional Building Department issued 443 permits for the construction of single-family homes in El Paso County, according to a report Friday by the agency. Last month’s permit total surged nearly 29 percent over the same month a year ago.

The U.S. economy clocked an annualized growth rate of 4.1 percent in the second quarter, its strongest showing in nearly four years, and up from a 2.2 percent pace in the first. Business growth.

Nearly a year ago, Karen and Iain Bisset planted a for-sale sign in the front yard of their northeast Colorado Springs. remain slow compared with the rest of the market. For the three months.

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Colorado residents formed businesses and nonprofits at a slower pace in the second quarter, according to a quarterly update from the Colorado Secretary of State and the University of Colorado Boulder. The number of new entities filed with the state rose 0.6 percent, continuing the slowdown observed in the first quarter.

As Colorado officials begin their quest to decarbonize the economy at a record pace, in line with a number of new laws. To take one example, the colorado springs utility expects “to reduce our.

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Homebuilding Off to a Slow Start in Colorado Springs Adobe Stock / Neil According to The Gazette , things are cooling off in Colorado Springs as the amount of building permits issued for the area.

COLORADO SPRINGS — The pace of Colorado Springs-area homebuilding rose slightly in July, a sign that the housing market remains strong as it heads into the second half of the year.The Pikes Peak.

The Colorado economy is projected to add more than 53,200 jobs (2 percent) in 2019, according to the latest Colorado Business Economic Outlook. The Professional and Business Services sector will add the most jobs, driven by the technology industry. The Western Slope and Colorado Springs will be the biggest regional winners.

Colorado Springs homebuilding slows, still ahead of last year’s pace Colorado springs-area homebuilding fell last month for the first time in a little more than a year, but remains ahead of last year’s pace and still appears on track to reach a 13-year high, one industry expert said.