REAL ESTATE DECISION SUPPORT

A study conducted by the Colorado Association of Realtors in collaboration with Colorado State University indicates that home price appreciation in the western slope of Colorado surpassed all other regions of the state in the years of 2000 - 2010.  According to the study, the 68.5% increase recorded for the region is well above the next highest measures of 43.2% and 30.6% respectively posted for the Mountain Resort and Northern Colorado areas.  In addition, the Denver metro area posted only a modest gain of 7.1% in the period, with Douglas County boasting the highest measure at 28.3% and Adams County posting a negative measure of 2.7%.  The survey also found that in the years of 2008 to 2009 only the markets of the Denver metro area and the Mountain Rural region posted positive appreciation at respective measures of 2.1% and 2.2%, and that within the Denver metro area the counties of Denver and Adams posted the highest gains in the period at respective measures of 5.2% and 4.6%, while Douglas County led the region for declines with a negative measure of 3.9%.