Denver CO Housing and Economic Market Finishes Top 40

Posted by Greg Smith on Friday, October 23rd, 2009 at 12:50pm.

Denver CO Housing and Economic Market Finishes Top 40

 Denver, Colorado and its surrounding areas such as Broomfield, Aurora, Westminster, Boulder contributed to the area being one of the top 40 most stable areas in the Country according to Business Weeks most recent assessment.  The combination of great outdoor activities over 300 days of sun a year and a diverse, but robust employer base has allowed the Denver Co Housing market to actually show a 2% increase over last year and the unemployment rate is over 20% better than the nation as a whole.  This echoes what RE/MAX Alliance is seeing as a company. September and October are showing extremely strong showing and under contract numbers compared to last year.  In some markets we are seeing increases of over 50%.
Job growth (since peak) rank: 61
Gross Metro Product (since peak) rank: 52
Unemployment change (year over year) rank: 21
Home price change (year over year) rank: 22

 

Greg Smith

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