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Ft Collins housing one of the top “stable markets”
Jul 07, 2016
Boulder has topped finance site SmartAsset’s annual listof the housing markets with the most stable growth, but this time Fort Collins and Denver joined it in the top 10.
SmartAsset defines “stable growth” as markets with both solid upward home-price growth and a low probability that homes would have declined in value by at least 5 percent within a decade after the home was purchased.
Fort Collins rose to sixth on the list this year. According to 2014 data from the U.S. Census Bureau, about 311,435 people live in the Fort Collins metropolitan statistical area — which encompasses Larimer County. SmartAsset’s report noted that “employees there work in several different industries, including manufacturing, and its tech industry seems to be growing thanks in part to opportunities provided by Colorado State University.” SmartAsset said the Fort Collins area has seen 246 percent home-price growth since 1991 and has only a 5 percent chance of seeing a decline in home prices.
Great news that Ft Collins and the surrounding area are proving out to be one of the safest real estate investments you can make.
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Written by: Bob Golba, Sales Manager
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