May 13, 2011

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Boulder Valley housing market offers reassuring signs

Similarities are beginning to pile up, comparing the end of the last miserable cycle for housing to this one. It’s still early, but a reassuring convergence is developing.

Length — The previous tough time for Front Range housing began in 1983, bottomed in 1988-89, and prices did not begin a general rise until 1991. This one began in 2002, and is probably bottoming now. Length is important: Incomes rise with inflation (they define each other), and the longer that home prices stay flat or down, the more purchasing power accumulates. Stretches of eight to…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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