Forbes Magazine listed Colorado Springs as the #3 Best City for a Housing Recovery, based on these stats:

• Foreclosure resales: Just 20% of transactions
• Sales activity (year-over-year): UP 14%

Source: Zillow.com

Forbes.com says: “In compiling our list, Forbes looked at 161 of the country’s largest metropolitan statistical areas (or metros)–geographic entities defined by the U.S. Office of Management and Budget (OMB) for use by federal agencies in collecting, tabulating and publishing federal statistics–where sales activity had picked up over the last year, but where foreclosure sales, as a percentage of overall sales were the lowest. Our data came from Zillow.com, an online housing data firm based in Seattle, Wash. Our list doesn’t profess to call the turnaround, but rather point out which cities are in the lead on the road to recovery.”

The Rankings

10. San Jose, Calif.
9. Santa Barbara, Calif.
8. Redding, Calif.
7. Denver, Colo.
6. Bremerton, Wash.
5. San Luis Obispo, Calif.
4. Salem, Ore.
3. Colorado Springs, Colo.
2. Lincoln, Neb.
1. Miami-Ft. Lauderdale, Fla.

Full Article: Forbes Best Cities for a Housing Recovery

Other Cool 2009 Forbes.com Rankings that Colorado Springs Received:

• Top 50 of America’s Best Cheap Cities
• Top 25 Best Places to Move
• Best Places for Business and Careers

We love where we live … and, apparently, so do many others!

Check Out the Colorado Springs Real Estate Market Reports

Posted By: Mariana Wagner – Colorado Springs Real Estate Connection
719.434.7525

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Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
Pictures of Colorado Springs
(719) 434-7525