Just two days ago, I wrote that Zillow.com had ranked Boulder as the #4 Best Place to Sell a Home in the Country. Now, BusinessWeek Magazine, using Zillow’s stats, drew their own conclusion and ranked Boulder the #1 Strongest U.S. Housing Market. They cite the fact that 59.9% of homes here appreciated since last year and the median price rose 2.12%. Their ranking also looks favorably on towns with universities and government jobs, two things Boulder has in spades. They also mention the growth measures that have limited building, our 50,000 acres of open space surrounding the city and the strong demand for rental housing.
Fort Collins also made the BusinessWeek list at #19. But perhaps a surprise entry is New Orleans which came in at #3 because of government subsidies and the resulting construction boom.
The top 10 cities on the BusinessWeek list of strongest housing markets:
- 1. Boulder
- 2. Spartanburg, S.C.
- 3. New Orleans
- 4. Binghamton, N.Y.
- 5. Fayetteville, N.C.
- 6. Pittsburgh
- 7. Little Rock, Ark.
- 8. Gainesville, Ga.
- 9. Burlington, N.C.
- 10. Oklahoma City
Read the full Business Week article at http://www.businessweek.com/lifestyle/content/aug2009/bw20090810_741278.htm
blog by elephant’s Realtor Liz Benson
hot on elephant
The story behind the Elephant-headed God. 344 shares Visual Yoga Blog: Refresh your Eyes the Yoga Way. 160 shares Boomers vs. Millennials: Will We stay the Course or Change It? 364 shares Instead of Sabotaging another Relationship, here’s how to Run into your Fear. 956 shares Join: Elephant’s Winter 2017 Academy. 2 shares The Benching Mind-F*ck: Worse than Ghosting. 1,391 share 5 Ways to Kiss & Make Up for your Mercury Retrograde Mishaps. 499 shares “I’d look her right in that fat, ugly face of hers.” 1,249 share 15 Cool Things Yoga has Taught Me. (Hint: None of them are Handstand.) 2,493 shares How we can Rewrite our Stories after Loving a Narcissist. 1,075 share