Upon analyzing recent reports, Hornung has found that home values are performing just as predicted or better. According to the most recent Federal Housing Finance Agency data, of the 20 cities in the entire US with the highest annual appreciation rates, four are located in Colorado: Denver metro, Fort Collins, Greeley, and Boulder. All have seen one-year appreciation in excess of 10%. Overall, Colorado has a one-year appreciation rate of 8.9%.
5 Year Residential Appreciation by City
However, there are signs of these appreciation rates moderating a bit in the second half of 2016 and settling back down to a 6% to 8% range. Hornung went on to explain that, "Moderation in appreciation rates does not mean prices will start falling; they just won't be rising at such a torrid pace. This is a healthy market adjustment and will begin to alleviate growing concerns that a lack of affordability could weaken the overall market."
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SOURCE 8z Real Estate