Denver, Boulder, Fort Collins predicted to top nation for housing appreciation 

SANTA ANA, Calif. — Denver, Boulder and Fort Collins will top the nation in terms of residential price appreciation over the next 12 months. That’s according a new forecast by Veros Real Estate Solutions, a Santa Ana, Calif.-based company that provides tools for property valuation.

Veros predicts that eight of the Top 10 markets for appreciation will be in Colorado, Washington, Idaho and Oregon. Denver is projected to record the highest appreciation in the country, at 10.8 percent, following by Boulder at 10.5 percent and Fort Collins at 10.3 percent. Three months ago, Denver was projected to place fifth nationwide in appreciation.

Rounding out the top five are Seattle, 10.2 percent, and Boise City, Idaho, 9.7 percent.

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“These sizzling markets are characterized by strong market fundamentals (low unemployment rates, growing populations, and month’s supply of homes around 2.0 months or less),” according to a Veros press release.

The predictions come from Veros’ most recent VeroForecast,  a national real estate market forecast for the 12-month period ending Sept. 1, 2017.

“In markets with this level of national appreciation it is most common to see a broad distribution of markets contributing to the rise,” said Eric Fox, vice president of statistical and economic modeling at Veros. “What is remarkable from where we stand today is the possible concentration risk when home price appreciation and market activity become highly clustered in only a few regional areas.”