Monday, September 10, 2012

MSNBC: Colorado in top 5 best housing markets

According to this article:

The Colorado housing market was not badly damaged when the housing bubble broke. Home prices dropped 9.5 percent from the first quarter of 2007 to the first quarter of 2012, which was the 18th best among all states. The market’s recovery rate will put it in the middle among the 50 states. Colorado home prices are forecast to recover at 3.7 percent between the first quarter of this year and the first quarter of next year, the 22nd-highest increase. Over the longer period from the first quarter of this year until the first quarter of 2017, prices are expected to improve 2.4 percent per annum, which ranks it 42nd.