Shift in demographics crucial to real estate future

By John Stroud

A growing retirement-age population in Garfield County and across the Western Slope will be an important economic and real estate market driver in the coming years.Retiring baby boomers “tend to hang out in one place and spend money … and will maybe even continue working” in some capacity, Colorado State Demographer Elizabeth Garner pointed out during a presentation at the Mountain Real Estate Summit Friday in Snowmass Village.“And they don’t boom and bust like oil and gas,” she said.At the same time, the region must find ways to attract and keep the younger demographic that will fill the jobs necessary …

Source:: Vail Daily Feed