Denver 3rd On Real Estate Rebound Since Great Recession

Dated: 12/26/2015

Views: 300

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


Blog author image

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....

Latest Blog Posts

Your First Step in Buying a Home

Pre-ApprovaL:YOUR 1st Step In Buying A HomeIn many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to

Read More

Your First Step in Buying a Home!

In many markets across the country, the number of buyers searching for their dream homes outnumbers the number of homes for sale. This has led to a competitive marketplace where buyers often

Read More

New Listing - Denver - Under $175,000

You will fall in love with this 2 bedroom condo located at5995 W Hampden Avenue, H14 in Denver.   Centrally locatedoff of Hampden between Sheridan and Wadsworth. This home has been

Read More

7 Signals The Home You Are Looking At Will Have a Solid Resale Value

While it might seem premature to think about selling a home before you even buy it, it's important to remember that a house is an investment. And in an ideal world, investments make&

Read More