Good news for the housing market in Colorado! If you happen to live in Boulder County, the housing bubble that “popped” seems to only be a myth here! This is the second year in a row that Boulder County has been awarded as the most stable housing market in the country by the Federal Housing Finance Agency.
“The average homeowner in Boulder haven’t suffered any significant price declines since 1991, and the metro area has the highest average home appreciation of any city in our study,” said AJ Smith, vice president of content at SmartAsset.
Home prices have grown at almost double the rate of anywhere else in the country since 1991 at a whopping 308 percent growth compared to the national 128 percent. When you own and live in a home for longer than a decade in Boulder, it’s almost guaranteed that the home owner will make a profit on their ROI (return on investment) once they decide to sell.