Did you really need Forbes to tell you that?
Forbes Best Cities To Buy A Home article.
What did the brains at Forbes analyze to determine Denver is the greatest buy?
From the Forbes article:
It had 25% of its property sales occur within approximately 25% of the city’s ZIP codes. This means sales in various parts of the city were fairly evenly distributed, showing proportionate activity. The further a city deviates from the 25% mark, the less evenly distributed the market is in that city, and thus the lower that city ranks.
“Denver scores very well in terms of being able to bring people into a stable housing market,” says Christopher Cornell, an economist at Moody’s ( MCO - news - people ) Economy.com says. “It has better growth potential than most cities today.”
Cornell attributes Denver’s stability to its main industries–energy and technology–that he says aren’t likely to decline simultaneously. He also says its housing market didn’t grow as much as in other parts of the country over the last five years. “Little boom, little bust,” he says.
Indeed.
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