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Casper and Central Wyoming Real Estate

Blog by Stan Mitchem
Casper, Wyoming

Casper is located in the heart of Wyoming, along the Oregon, Mormon Pioneer, California, and Pony Express trails. Casper enjoys a rich blend of western history, culture, and recreation.

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Casper and Central Wyoming Real Estate

Invest in Wyoming

Nov. 2, 2006
Categorized in: Economy
Tagged with: investments

If you are interested in investment properties, Wyoming might be a good place for you. If you don’t see anything on our website that interests you, just let us know. We have access to any property in Casper and most around the state, including farms and ranches.

Casper has been experiencing a vibrant economy and is expected to outperform the national average this year. Building permits in 2005 increased 13.9 percent over the previous year, representing an increase of $113 million in valuation. New housing starts increased by 53.4 percent with 1,000 new residential lots in 17 new subdivisions. 
 
Housing is not the only area that is booming. Several new motels have been or are being built, increasing available rooms by 310. These include a Holiday Inn Express, Sleep Inn, and C’mon Inn. A Courtyard by Marriott is presently under construction, and other motels may be started soon. A new Sportsmen’s Warehouse has been open one year, and a PETCO and a second Super Wal-Mart recently opened. An Office Depot and Staples are under construction. There have been a number of new businesses started around town and plans for several new national stores and restaurants.
 
In 2005, Inc. magazine ranked Casper #3 in job growth among 274 U.S. metro areas. In the same year Forbes.com ranked Casper as the #1 small metro area for cost of doing business. Expansion Management Magazine ranked Casper as a “5-Star Community” in their Quality of Life Quotient section for the year 2005.