Colorado is home to some of the most beautiful sceneries and mountain ranges in the country. With the Rocky Mountains dividing the state in half, Colorado offers many different world class ski resorts and mountain towns spread across half the state. Ski resorts which have grown from small tourist towns into full fledged communities and cities. Aspen, Vail, and Breckenridge are just a few of the resorts that have transformed into self-sufficient towns of their own. New homes are being built everyday to accommodate to the mountain lifestyle that so many people are attracted to.

In the foot of these mountain resorts lies the flatter, Eastern part of Colorado offering metropolitan cities such as Denver, Colorado Springs, and Aurora. Denver, the largest city in the state, has a population of 600,000 in the city itself and around 2 million in the entire surrounding area. It is often nicknamed the “Mile High City” in reference to its elevation. Denver has developed into one of the major cities in the countries. It has one of the highest growth rates in the country at 2% annually for the last five years. As the city continues to develop, more and more businesses have become established or relocated to the area. Some of the largest businesses in the country are located in the city. Its centralized location has also made it an important transportation hub for the entire Central United States. Read more »

Colorado is still very much a developing state. It has yet to become overcrowded or overpopulated. The amount of land available has helped to build a strong housing market for the state. Builders have opportunities to purchase land at an affordable rate. With room to expand, popular cities like Denver and Colorado Springs offer attractive opportunities for home buyers. Cheaper land prices have helped to maintain a lower home price without a large decrease from years past.

Sales Trends
With low costs to builders, sales have had increased revenue than most of the rest of the country. Housing sales volumes are not as high as some of the other attractive areas in the country, but the market has maintained at a strong, healthy level. Total permits for 2008 were 8,800 for the Denver/Aurora area; lower in volume than some markets but higher than many others. Denver, rated as the 12th healthiest market in the country for 2009 by Hanley Wood, is a safe place for both builders and home buyers to enter the market (for a detailed look at the Healthiest markets rated by Hanley Wood click here)  « Close »