It's so great to live in a city that consistently ranks high on most lists for almost anything. I don't know if these lists mean anything, but they must somehow and they make those of us living here in Fort Collins proud to do so. You decide for yourself but there is no denying Fort Collins is a great place to live!
Trulia's (a real estate website) list of 10 real estate markets that will thrive in 2011
1. San Francisco
2. Austin, Texas
3. Madison, Wis.
4. Raleigh-Durham, N.C.
5. San Antonio, Texas
6. Oklahoma City, Okla.
7. Des Moines, Iowa
8. Salt Lake City, Utah
9. Fort Collins
10. Omaha, Neb.
The new list that ranks Fort Collins Real Estate at No. 9 on the top 10 real estate markets list for next year.
Fort Collins is the only Colorado city to make the list topped by San Francisco. Texas takes the No. 2 and No. 5 positions with Austin and San Antonio respectively.
Trulia formulated its predictions of cities that will break through toward recovery and thrive in 2011, and Fort Collins made it onto the list based on its home sale prices and low unemployment compared to the national average.
The report ranked Fort Collins unemployment at 6.4 percent against the national average of 9 percent.
Fort Collins median sales price, according to the website, is $222,500, which is up 4.1 percent year-over-year, but still low compared to other real estate markets.
A highly educated population also weighed into the rankings, as approximately 48 percent of Fort Collins population have at least a four-year degree, with having CSU here. Trulia also said 92 percent of Fort Collins' residents have a high school diploma.
This is great news for the upcoming year and here's to great and fabulous 2011 in Fort Collins!
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