Great news from the Federal Housing Finance Agency with their highly anticipated 4th quarter home sales price statistics. Overall, the state of Colorado ranks 3rd across the nation in home price appreciation with a projected one-year rate of 2.76 percent. In the previous quarter, Colorado was ranked 9th in the nation.
Additionally, the Fort Collins/Loveland area is ranked 80th among major metropolitan areas across the nation with a one-year projection of -1.38 percent and edging just past the Boulder metro area, ranked 82nd, with a one-year projection of -1.45 percent. The Denver metro area still leads Colorado at the 79th place with a one-year projection of -1.37 percent.
In the last quarter, Fort Collins/Loveland ranked 108th across all other metro areas with a one-year projected appreciation rate of -1.15 percent. Boulder ranked 84th with a rate of -0.56 and Denver ranked 112th with a rate of -1.19 for the 2009 3rd quarter.
Click here to read the full FHFA report.