Wednesday, June 24, 2009

Denver was ranked no.1 metro showing long term promise for homebuyers

Best Cities To Buy A Home, an article from, reports that Denver was ranked the #1 metro showing long-term promise for homebuyers. Home sales in Denver are fairly evenly distributed showing proportionate activity. "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 "It has better growth potential than most cities today." Denver's stability is attributed to its main industries - energy and technology - that Cornell believes aren't likely to decline simultaneously.