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A Host of Colorado Cities Rank Highly for Real-Estate Markets

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Eight Colorado cities made the list of top 50 cities with the best real-estate markets.

The list released on Tuesday by WalletHub featured the Best Real Estate Markets in 2019, which compared property markets in 300 U.S cities.

Thornton took the number 1 spot in the state, though it ranked 16th nationally. Aurora (No. 18), Greeley (No. 20), Denver (No. 21),

Colorado Springs (No. 27), Arvada (No. 33), Fort Collins (No. 34), and Longmont (No. 48), rounded out the top 50 cities countrywide for the Centennial State.

The findings used 23 factors to rank each city’s “real estate market” and “affordability and economic environment,” then awarded each city an overall score.

“Our data set ranges from median home-price appreciation to home sales turnover rate to job growth,” the report said.

Many other Colorado cities also made the list: Centennial (No. 64), Lakewood (No. 66), Westminster (No. 67), Pueblo (No. 68), Boulder (No. 133).

Aurora, Denver and Colorado Springs ranked third, fourth and eighth respectively among large cities with over 300,000 people.

WalletHub has also ranked Colorado as the fifth best state to reside in and the third best state for job seekers.

In addition, the state has four cities – Thornton (No. 3), Greeley (No. 6), Arvada (No. 8), and Centennial (No. 10) – that rank in the top 10 best cities for first-time home buyers.

The Western U.S state also boasts a solid economy, with employers in Colorado creating 52,700 new jobs this year, and as the state’s population continues to grow.

Last but not least, state and local tax burden ranks the 9th lowest tax burden in the country.

Source Link: https://www.thecentersquare.com/colorado/several-colorado-cities-rank-highly-for-real-estate-markets/article_c218971a-c8ec-11e9-b8aa-1b08602335ac.html

About the author

Ezra Ondara

Ezra Ondara

Ezra Ondara is a freelance writer and journalist with a keen interest digital marketing, finance, real estate and insurance. He has a nose for news in these key areas and is determined to keep online readers and enthusiasts up to date with real stories as they happen from all around the globe. When he’s not poking his nose into the business world, he will be watching the Premier League over the weekend or out of town with his family.

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