We have all heard the old real estate saying: what are the three most important things in real estate? Location, Location and Location. Well, nothing has changed. Location is still king in real estate. According to the Denver area MLS, as reported by the Denver Business Journal, Boulder/Lousiville area home prices have risen more than 26 percent over the past year.
Another area doing well is Highlands Ranch and the surrounding area. Highlands Ranch has a great location, lots of great amenities and very few new homes being built. But, anyone who knows me well, knows that I have said for many years that Highlands Ranch will do well because it is the perfect suburban neighborhood. CNN Money rated it #12 out of 100 neighborhoods across the United States in 2008. That’s not too bad!
Bottom line: the “good” areas are doing well. Proving once again that Location is THE most important thing in real estate.
To find out more about these neighborhoods and any of the Denver Metro neighborhoods, go to www.5280FineLiving.com/neighborhoods.html
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Thanks for posting about this, I would like to read more about this topic.
Thanks for posting about this, I would love to read more about this topic.
Hi Adam, giving our current economic environment,location of real estate is probably more important now than ever. In Atlanta, we’re seeing small pockets that have actually gone up in value while other areas have seen drastic decreases. The same house, same builder, but big difference in market value. Tina
Tina:
Thanks for your comment. You have some awesome listings! Georgia is such a beautiful area!