Greeley makes list of Improving Housing Markets
January 19th, 2012
The Greeley housing market kicked off the new year by making the National Association of Home Builder’s (NAHB) list of improving housing markets. The list, called the First American Improving Markets Index, is released on the fourth business day of each month. It reflects those housing markets that have shown marked improvement in housing permits, employment and home prices for at least six months.
The Greeley/Evans median sales price for detached homes in 2011 came in at $130,000, making the area attractive for its affordable housing. The area also continues to benefit from the activity centered around the Niobrara oil play. Halliburton Co. just recently announced they are is moving into the nearby Windsor area and bringing approximately 500 jobs.
Source: NAHB, “List of Improving Housing Markets Nearly Doubles in January” released 1/9/2012.
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