Boulder #1 in Nation for Real Estate Stability
According to a recent study done by SmartAsset, Boulder has ranked #1 in the nation for real estate stability based on over 25 years of data.
The study analyzed metro areas based on home growth and the likelihood that a home would decline by 5% or more over a 10-year span.
Todd Crosbie, a real estate consultant in Boulder, says there are a number of factors for why Boulder was rated so highly.
“The foundation, number one, is the college,” Crosbie explained. “There’s always people coming in and out. Second is the career opportunities Boulder represents. It’s very heavily laden with technology. (It) makes Boulder a safe investment.”
That data says that a major drop in home prices in unlikely. Fort Collins and Denver also made the list for stable pricing, coming in 4th and 8th respectively.