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.
The Front Range may have lost out on Amazon’s HQ2, but that doesn’t mean their company won’t affect our economy.
Denver was in the running for Amazon’s massive new second headquarters that supposedly would bring 50,000 new high-paying jobs and $5 Billion of investment.
In the end Amazon chose to split the headquarters among two East-Coast cities and many in Colorado breathed a sigh of relief.
But they are will continue to be an economic force in our state.
Over the past two years, Amazon has greatly expanded its footprint in Metro Denver, opening up a sorting center in Aurora, fulfillment centers in Aurora and Thornton, a Prime Now center in Denver and a new delivery center in Centennial.
They will soon have 3,000 workers here and that number is expected to grow significantly.
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- Matthew Gardner Weekly COVID-19 Housing & Economic Update: 7/6/2020 July 6, 2020On this week’s episode of “Mondays with Matthew”, Matthew Gardner discusses what is needed to motivate more Millennials to buy and the important role they play in the long-term health of the US housing market. The post Matthew Gardner Weekly COVID-19 Housing & Economic Update: 7/6/2020 appeared first on Windermere Colorado REALTORS.
- Matthew Gardner Weekly COVID-19 Housing & Economic Update: 6/29/2020 June 29, 2020On this week’s episode of “Mondays with Matthew,” Matthew Gardner discusses housing affordability and how he believes that despite the impact of COVID-19, affordability issues will remain and may actually get worse as we move forward. The post Matthew Gardner Weekly COVID-19 Housing & Economic Update: 6/29/2020 appeared first on Windermere Colorado REALTORS.
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