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Forbes: Denver is America’s Best City to Buy a Home27 Jul

Just ask any busy Buildings & Residences broker and they will tell you the same thing, people are buying and selling in Denver right now.  We know this, and Forbes is just telling us what we already know…. The Denver areas are is clearly rebounding and thus makes it a good place to buy a home.

Forbes: Denver is America’s best city to buy a home

Denver Business Journal – by Mark Harden

Denver is America’s best city to buy a home, Forbes magazine says in a new ranking of U.S. metro areas.

“While the majority of the nation’s housing markets are still working toward a bottom, some cities are boasting fundamentals that make them good places to buy a home now,” Forbes reported this week.

Phoenix was ranked No. 2 on the Forbes list, followed by Boston, San Diego and Los Angeles.

The Forbes rankings seem geared more toward each market’s current and future potential as a place to buy a home, since some of the cities at or near the top of the list are among those hardest hit by the recession.

The report ranked the 25 largest U.S. metro areas on the basis of change in price per square foot, frequency of real-estate transactions, and how evenly distributed home-sales activity is in a metro area.

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