Colorado real estate markets better than US overall

You know, I’m never quite sure if I should even bother to make these types of posts because the headline goes against what I continuously say anyway: ALL REAL ESTATE IS LOCAL. Continuously discussing national real estate averages is like discussing a national weather temperature average - it’s the next best thing to irrelevant.

However, since the media is going to to continuously harp on national averages, and how we’re all on the verge of a crisis, I figure any positive news should probably be promoted.

So here it is: the Rocky is pointing out that Colorado real estate is outperforming national markets considerably. In fact, Grand Junction posted the 2nd highest appreciation rate amongst US cities at 9.1%. And Boulder is showing that it’s still a great place to own a home with a 4.1% appreciation rate.

I can tell you that anecdotally, my neighborhood appears to be doing gangbusters right now. It seems like everyday I walk the dog another house has an “under contract” sign on it. In fact one home that goes on the market every single summer, for what I consider to be way too high of an asking price, has an “under contract” sign on it this morning.

If you want to know about real estate markets you can continue to listen to the media and pretend we’re on the verge of a depression or you can get the actual facts by contacting a real estate agent (or looking up the county records yourself) and ask them what homes are selling for in your neighborhood.

Beth Skinner is a real estate professional who actually returns phone calls and emails! Click here to search the MLS for your dream home.

Post Footer automatically generated by Add Post Footer Plugin for wordpress.

Did you like this? If so, please bookmark it, about it, and subscribe to the blog RSS feed.