Denver 3rd On Real Estate Rebound Since Great Recession

Dated: 12/26/2015

Views: 284

Trailing only San Jose, CA and San Francisco, CA, Denver is 3rd in the nation for real estate markets that have recovered since the Great Recession ended in early 2012.


Trulia ranks Denver No. 3 among U.S. markets for their recovery since home prices bottomed out nationally in early 2012.

The question posed by Trulia was: Where were the best and worst places to have bought a home at the market bottom in early 2012?

Among the 100 largest U.S. markets,  Seattle, WA and Anaheim, CA rounded out the top 5.


In Albuquerque, prices have actually come down 5.11 percent since early 2012, Trulia figures.

Trulia based its ranking on more than just home values. It also took into account unemployment rates, housing vacancy rates, wages and job growth.

According to Trulia, since early 2012, metro Denver has seen a 29.69 percent gain in home values (as compared to the national average of 7.68 percent) and 11.49 percent job growth (versus the national gain of 6.48 percent).

It said unemployment in Denver dropped 44.77 percent during that period and wages grew 6.55 percent.



 
Denver Colorado area real estate -- Darrick Kizlyk -- Realtor at EXIT Realty DenverTech Center and EXIT Realty Pikes Peak.  Darrick Kizlyk is your relocation expert using his training in education, geography, and real estate for DenverColorado Springs, and the southern bedroom communities of ParkerCastle RockLarkspur, and Monument.   Call me for all your sales needs or let me get you into the house of your dreams!  Darrick Kizlyk 719-360-3935


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Darrick Kizlyk

With 12 years in public education as a teacher and 3 years as a Realtor, I bring that background to help educate home buyers and sellers along the Front Range from Denver to Colorado Springs and up th....

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