FOR THE FOURTH YEAR IN A ROW, analysts at SmartAsset.com pegged the Boulder Metro Area (Boulder County) as the #1 real estate market for growth and stability in the U.S. Their research shows that the average home has grown 276% in value over the past 25 years. Over that same time period, they estimate there was a 0% chance that a homeowner saw a 5% loss in home value within 10 years from the purchase date. Colorado's Front Range showed strength across the board, with Fort Collins ranking at #4 and Denver ranking at #9. Read the full report.
Current stats show that appreciation is slowing in Boulder County, going from an average 12.5% annually over the last 5 years, to 8.25% in the last year. This leveling off feels healthy to me. Again, ours is the most stable real estate market in the country!
If you want to discuss current market trends and ways to make the market work for you, please contact me. I am always here to help you, your friends, family and co-workers with any real estate need, even if they just want to ask a question. I hope you are having a great start to the school year. - Rich