Bloomberg Businessweek has rated the Top 50 metro areas for real estate growth in 1Q 2010. Denver, CO tops the list.
A new article in the Denver Business Journal reports the future of Colorado's economy is nearly the best the U.S. This news comes from an independent economic council called the American Legislative Exchange Council (ALEC).
On April 05, 2010 Forbes magazine sent Denver Realtors through the roof. They claimed that Denver metro was the second worse real estate market in the U.S. That's devastating. It's also a pretty remarkable fall from grace, too. It was only a few months ago Forbes.com reported that Denver is the best city to buy a home based on positive real estate market fundamentals. So, why the discrepancy? Turns out, they used faulty statistics from Zillow. Tsk, tsk Forbes. Everyone knows not to count on Zillow. Right?
Forbes magazine ranked Denver, Colorado as the best place to buy a home. Contrary to other locations that are still experiencing significant decline, Denver is doing much better. Their report not only includes the immediate real estate conditions but also considered long-term criteria as well.
According to an article in the online version of the Denver Business Journal - Bizjournal - Denver's foreclosures are down dramatically compared to this time last year.
If you ask most Denver based real estate brokers today, "how's the real estate market?", you're most likely going to get an answer akin to, "Well, we're not near as bad as other areas like California, Arizona, and Nevada. Overall, we're doing pretty good". At least that's the answer you should get.
It turns out that response is very accurate. A recent Denver Business Journal article verifies that Denver metro is the best in the nation for holding home values during the current economic downturn.
According to a report put out by Standard & Poor's that analyzed housing prices in 20 major markets, Denver's home values dropped the least amount in the U.S. between December 2007 - December 2008.
As I have been out showing homes to clients and previewing others on my own, I have made a few observations about the current state of the Highlands Ranch housing market:
$249,500
Highlands Ranch
$284,000
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$519,950
Highlands Ranch
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| Price | Details | Fin SF | City | View |
|---|---|---|---|---|
| $69,500 | 1bd/1ba | 496sf | HIGHLANDS RANCH | View » |
| $94,900 | 1bd/1ba | 496sf | HIGHLANDS RANCH | View » |
| $104,950 | 1bd/1ba | 666sf | LITTLETON | View » |
| $114,500 | 2bd/2ba | 1,031sf | HIGHLANDS RANCH | View » |
| $132,900 | 2bd/2ba | 1,031sf | HIGHLANDS RANCH | View » |
| $155,000 | 3bd/2ba | 1,282sf | HIGHLANDS RANCH | View » |
| $161,415 | 1bd/1ba | 659sf | HIGHLANDS RANCH | View » |
| $162,580 | 1bd/1ba | 659sf | HIGHLANDS RANCH | View » |
| $162,960 | 1bd/1ba | 659sf | HIGHLANDS RANCH | View » |
| $166,170 | 1bd/1ba | 659sf | HIGHLANDS RANCH | View » |
| Browse All Single-Story Homes in Highlands Ranch, CO » | ||||
| Price | Details | Fin SF | City | View |
|---|---|---|---|---|
| $155,000 | 3bd/2ba | 1,282sf | HIGHLANDS RANCH | View » |
| $189,900 | 3bd/2ba | 1,844sf | LITTLETON | View » |
| $195,000 | 3bd/3ba | 2,017sf | HIGHLANDS RANCH | View » |
| $197,900 | 3bd/2ba | 1,279sf | HIGHLANDS RANCH | View » |
| $199,900 | 3bd/3ba | 1,598sf | HIGHLANDS RANCH | View » |
| $205,000 | 3bd/2ba | 1,314sf | HIGHLANDS RANCH | View » |
| $209,000 | 3bd/2ba | 1,279sf | HIGHLANDS RANCH | View » |
| $214,900 | 3bd/3ba | 1,627sf | HIGHLANDS RANCH | View » |
| $215,000 | 3bd/3ba | 1,364sf | HIGHLANDS RANCH | View » |
| $219,900 | 3bd/3ba | 1,363sf | HIGHLANDS RANCH | View » |
| Browse All 3 Bedroom Highlands Ranch Homes » | ||||
| Price | Details | Fin SF | City | View |
|---|---|---|---|---|
| $207,000 | 4bd/3ba | 1,990sf | LONE TREE | View » |
| $210,000 | 4bd/2ba | 1,755sf | LONE TREE | View » |
| $224,900 | 4bd/3ba | 1,682sf | HIGHLANDS RANCH | View » |
| $225,000 | 4bd/2ba | 1,314sf | HIGHLANDS RANCH | View » |
| $244,900 | 4bd/3ba | 1,863sf | HIGHLANDS RANCH | View » |
| $249,900 | 4bd/3ba | 2,223sf | LITTLETON | View » |
| $249,999 | 4bd/4ba | 2,381sf | HIGHLANDS RANCH | View » |
| $257,500 | 4bd/3ba | 1,821sf | HIGHLANDS RANCH | View » |
| $259,900 | 4bd/3ba | 2,062sf | HIGHLANDS RANCH | View » |
| $265,000 | 4bd/4ba | 2,600sf | HIGHLANDS RANCH | View » |
| Browse All 4 Bedroom Highlands Ranch Homes » | ||||
| Price | Details | Fin SF | City | View |
|---|---|---|---|---|
| $235,000 | 5bd/4ba | 2,500sf | LITTLETON | View » |
| $259,900 | 5bd/3ba | 2,546sf | HIGHLANDS RANCH | View » |
| $264,900 | 5bd/4ba | 2,785sf | HIGHLANDS RANCH | View » |
| $270,000 | 5bd/4ba | 3,075sf | HIGHLANDS RANCH | View » |
| $274,000 | 5bd/3ba | 2,864sf | HIGHLANDS RANCH | View » |
| $275,900 | 5bd/4ba | 3,089sf | HIGHLANDS RANCH | View » |
| $299,900 | 5bd/4ba | 2,760sf | HIGHLANDS RANCH | View » |
| $299,900 | 5bd/4ba | 2,496sf | HIGHLANDS RANCH | View » |
| $310,000 | 5bd/4ba | 3,170sf | HIGHLANDS RANCH | View » |
| $319,900 | 5bd/3ba | 3,040sf | HIGHLANDS RANCH | View » |
| Browse All 5 Bedroom Highlands Ranch, CO Homes » | ||||
Ranch Model*3490 Sqft Finished*4 Bedroom, 3 Baths*walk-out Basement*larger Lot = .30 Acres*lots Of Living Areas*a Beautiful, Secluded Natural Setting*new Concrete Tile Roof*new $10,000 Heating System*new Raised Deck*kitchen With Lots Of Upgraded Cabinetry, Double Oven, Flat Top Stove, Tile, Eat At Bar, Pantry*many Living Areas Including: Formal Living, Formal Dining, Eat In Kitchen, Family Room, Office, Tv Area With Fireplace, Laundry And Large Bedrooms*custom Wood Trim And Doors*vaults/shelves/built-ins*jetted Tub*5 Piece Bath*tile In All Baths*the Setting Is What Brings This Beautiful Home Together: Peaceful, Secluded, Natural, Solitude And No Homes Directly Behind You*no Through Traffic/located On A Out-of-the-way Cul De Sac*enjoy A Beautiful/secluded Walled Courtyard Area With Garden*open Area To The South Of The Home Between You And Your Neighbor Of Which A Lot Belongs To Property*a Lovely Setting!
This Beautiful Family Friendly Home Boasts Over 7600 Finished Sq Ft*unique "great Indoors Showcase Home" *5 Fireplaces*4 Patios & Hot Tub*walk-out Basement W/ Custom Bar Area & Theater Room*dramatic Spiral Staircase*plantation Shutters*main Floor Master W/ Fireplace And Steam Shower*all T.v's Included*1/3 Acre Lot*best Value In Heritage Hills*
Best Location - Backs To Open Space, Highline Canal, Hole #7 On Golf Course, With Wonderful Mountain Views, It Has It All, Gourmet Kitchen, Walnut Wood Floors,finished Walkout,huge Back Deck W/unique Drain System To Keep Lower Patio Dry, A Must See!!