Wednesday, May 6, 2009

Nothern Colorado housing markets gained in value

A study by the Everitt Real Estate Center at CSU shows that five Northern Colorado housing markets gained in value in 2007-08.

The study, which looked at home price changes in Larimer, Weld and Boulder counties, showed that Dacono, Firestone and Frederick had the greatest average gain, with a 2.1 percent increase in value during the period.

Fort Collins and Timnath had the next highest increase at 1.5 percent followed by Boulder and Gunbarrel at 0.8 percent, Estes Park at 0.5 percent and Erie at 0.3 percent.

"Northern Colorado's housing market is actually in fairly good shape according to our analysis of housing prices," said John Gerhard, a research analyst with Everitt. "... Our real estate market is hyper local, meaning it can vary widely by neighborhood and even block by block."

Source: Boulder County Business Report
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