Colorado's home price gains are highest in U.S. — again

By
Real Estate Agent with HomeSmart Realty FA100038258

Denver Business Journal - Home prices in Colorado grew by 9.8 percent in February, the fastest rate of growth anywhere in the country, according to CoreLogic's latest Home Price Index, released Tuesday.

In metro Denver, home prices grew even faster at 11.1 percent between February 2014 and February 2015. Both the Colorado and Denver growth figures cover distressed properties, which include foreclosed or real-estate owned (REO) homes.

Nationwide, home prices increased by 5.6 percent, according to CoreLogic (NYSE:CLGX), an Irvine, California-based analytics firm. The U.S. has experienced 36 months of year-over-year home price increases, CoreLogic said, and prices are expected to grow by 5.1 percent nationwide from February 2015 to February 2016. Read More at Denver Business Journal

For more information on buying Denver homes, selling Denver homes, or Rent to Own Denver homes, please visit the websites at www.MyCORealtor.com or www.RentToOwnDenverHomes.com . 

Comments (12)

Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

That's certainly good news for home owners. 

Apr 08, 2015 06:11 AM
Dee Toohey
Innovative Realty Solutions Group - Longwood, FL
Broker, ABR, AHWD, CIPS, FMS, ePro

Welcome to Active Rain and congrats on your first blog.  I look forward to reading more from you!

Apr 08, 2015 06:12 AM
Dee Toohey
Innovative Realty Solutions Group - Longwood, FL
Broker, ABR, AHWD, CIPS, FMS, ePro

What do you attribute for  the high increase for the second year?

Apr 08, 2015 06:12 AM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Great news for Colorado!  It looks like the worst is over and the real estate market in Colorado is back.

Apr 08, 2015 12:07 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Bryon Self - not that's a great news for Colorado!

Real Estate seems to be booming there...

Apr 08, 2015 01:04 PM
Jerry Lucas
ABC Legal Docs LLC - Colorado Springs, CO
Mobile Notary Colorado Springs, CO Notary Training

Colorado legalized marijuana, so we are attracting drug users from other states...

Apr 08, 2015 01:24 PM
Frank Harper
Idaho Family Real Estate - Boise, ID
Broker/Owner, Realtor, GRI, SFR.

Welcome to ActiveRain! Keep up the good work and let in Rain!

Apr 09, 2015 06:02 AM
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

HI Bryon Self, Welcome to the Rain train! I'm glad you made the brave first steps into the blogging world with us! It's a great place to be and I hope to see many more posts from you in the future!

Apr 09, 2015 07:11 AM
Pacita Dimacali
Alain Pinel - Oakland, CA
Alameda/Contra Costa Counties CA

I had to double-check to make sure that is right --- because here in the Bay area of CA, we' ve experienced a nearly exponential increase in prices of homes for sale, AND for rent.  Case-Schiller is a good resource. This one says that end of Dec 2014, San Francisco saw a change over a year ago by 9.1% --- hardly something we are proud of. Miami, 9.5%; Las Vegas 8.0%. Denver, on the other hand grew by 7.2%. It will be interesting to see what the increase will be by the end of this year. I don't know if this is good news or bad news for buyers (and renters who are getting even more priced out of buying). 

 

Apr 09, 2015 08:03 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for sharing the information. 

Apr 10, 2015 02:51 AM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Bryon - Those are huge increases for Colorado.  It's almost double the national numbers that you showed. 

Apr 10, 2015 02:54 PM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Bryon - Welcome to the Rain, and congratulations on getting your first post done here.

Apr 10, 2015 02:55 PM