Colorado may offer buyers the best prospects for steady home appreciation over the long term, according to a new analysis from SmartAsset, a personal finance website. Three Colorado metros landed in SmartAsset’s 2018 list of the top 10 places for growth and stability in housing. (The city of Boulder ranked number one.) Colorado’s northern neighbor, Wyoming, also saw several housing markets in this year’s rankings. Researchers note that half of the cities in the top 10 list are located in these two states alone.
SmartAsset researchers compared home value data for every quarter between 1993 and 2017 to rank cities. They measured stability by taking into account the probability a homeowner experienced any significant price declines (5 percent or more) at any point in the past decade following their home purchase. Researchers measured price growth by tracking the increase in home prices over the past decade.
