The U.S. News & World Report recently identified the top 10 housing markets for the next 10 years, and Northern Colorado made the list. Selection was based on employment and population data from Moody’s Economy.com. The data was analyzed with regard to geographic and industry trends to generate 10-year home price projections for each of the nation’s 384 distinct metropolitan statistical areas.
Northern Colorado was identified as one of the top 10 areas where housing pricing will appreciate in the next 10 years. In addition to the natural beauty of the Rocky Mountain region, the area was touted for the quailty of university research, local support and private investement in traditional and renewable energy. According to the report, home prices in the Fort Collins/Loveland area will rise an average of 4.1% annually over the next 10 years.
The Top 10 Housing Markets for the Next 10 Years:
1. Anchorage, Alaska
2. Corvallis, Oregon
3. Decatur, Illinois
4. Bremerton & Silverdale, Washington
5. Duluth, Minnesota
6. Fort Collins and Loveland, Colorado
7. Glens Falls, New York
8. Pittsfield, Massachusetts
9. Sandusky, Ohio
10. Santa Fe, New Mexico