According to recent surveys of housing prices and ratings by national housing market experts, Boulder Colorado continues to be a great place to live.
Since the heart of the 2008 recession, the housing market of the Boulder and Denver metro areas have fared very well compared to many of the moribund housing markets throughout the nation.
In 2012, the National Association of Home Builders named Boulder in its top ten list of housing markets, while Bloomberg Businessweek reported in 2009 that, despite the housing crash, Boulder Colorado was one of the “strongest housing markets” in the United States. The report listed multiple reasons for this ranking, including the town’s limitations on development – known as “controlled growth” – and its acquisition of “50,000 acres of open space for a greenbelt that surrounds the town.” The report also highlighted the importance of the proximity of the University of Colorado as a job incubator and a ready source of tenants “for the area’s many rental homes.”
The breathtaking beauty and cultural richness of Boulder, situated under the Rocky Mountains, cannot help but enhance its appeal to potential home-buyers. The area is teeming with points of interest – from majestic state parks, like the Flagstaff Mountain and Eldorado Canyon, to unique museums, like the Leanin’ Tree Museum of Western Art and the National Center for Atmospheric Research. Boulder is also a center for the arts and sports, as its famous Shakespeare Festival and world-class sports stadium – Folsom Field – attest.
Recently named one of the top ten housing markets in 2013 by Money Morning, nearby Denver is also a hot market, with home prices rising steadily in the early months of this year. Some market-watchers believe that the continued rise in housing prices in markets like Boulder and Denver may signal a general upswing in consumer confidence in the overall economy, especially in home values.
Money Morning’s Financial journalist Ben Gersten reports on an all-time level of optimism nationwide, “[a] new …national survey found 37% of homeowners believe the value of their home will increase in the next year – the highest since September 2008….”
With “[a] growing belief that the housing recovery is for real” taking hold across the country, Boulder and Denver continue to lead the pack of most appealing markets in which to buy, sell or rent a home.
Contact Housing Helpers and let us serve your real estate needs in the Boulder and Denver areas.