Keller Williams Realty of Northern Colorado

BusinessWeek recently examined small metro areas where the housing market didn’t bubble, hasn’t burst and is showing strong signs. Using data from Zillow.com, the magazine ranked metro areas based on the share of single-family homes in which values rose in the second quarter 2009 compared with the second quarter of 2008.

Once the data was compiled, Fort Collins took the #19 spot on the magazine’s study of the nation’s strongest housing markets. The area’s share of homes with increasing value came in at 28.82% and median home value at $232,500. The annual change in value of homes was -0.32%, however, the quarterly change was 1.71%. The numbers are complemented by Fort Collins’ great schools, low crime, outdoor recreational opportunities and unique offerings of Old Town.

Colorado was well represented on the list, as Boulder, CO took the #1 spot as the strongest housing market.

You can view the complete report at: http://www.businessweek.com/lifestyle/content/aug2009/bw20090810_741278.htm

Source: BusinessWeek, “The Strongest U.S. Housing Markets” by Prashant Gopal, 8/11/2009

http://www.businessweek.com/lifestyle/content/aug2009/bw20090810_741278.htm