Boulder continues to be one of the most stable and positive cities in the United States in terms of economic outlook and real estate market. The Boulder real estate market is extremely highly ranked by nationwide magazines and business journals, both overall and in terms of key economic indicators. Notable trend markers such as the number of foreclosures, quantity of short sales, home sale values, and number of new and existing home sales. Boulder stands in direct contrast to almost the entirety of the rest of the United States, which continues to reel from the collapse of the real estate bubble and the sub prime mortgage crisis, and even to Colorado in general, which was previously a safe haven and example for investors. Although Colorado started off strong during the last months of two thousand eight, towards the middle of two thousand nine the situation turned dramatically worse.
An article in the Denver Business Journal published on August 17, 2009, found that Boulder was ranked as the strongest housing market in the United States in an online edition of BusinessWeek. According to the piece, composed by Mark Harden, “Boulder is the strongest housing market in the United States, BusinessWeek says in a ranking of the top 30 markets…The magazine’s online report describes Boulder as ‘an affluent Denver suburb that is home of the University of Colorado at Boulder.’ It says 59.39 percent of homes there appreciated over the last year, and the median home value rose 2.12 percent.”
A July 24, 2009 article in the Boulder Daily Camera found that parts of the United States at large have started to follow the example set by Boulder homes for sale. The piece, originally from the Associated Press, found that “The housing market is finally emerging from the three-year crisis that pushed the nation into the longest recession since the Great Depression. For the first time in five years, sales of previously occupied homes rose for the third consecutive month…” An August 13, 2009 article also found in the Daily Camera stated that Boulder and surrounding Boulder County were doing much better than the rest of the state in terms of foreclosures.
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